Remove Bank Remove Food Remove Mediation
article thumbnail

Payment Gateway vs Payment Processor: What is the Difference?

Razorpay

It is a platform that connects your bank account to the platform where you need to transfer money. A payment gateway authorises you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or the many online wallets that are available these days. What is a Payment Processor?

Banking 52