paymentgateway
nounUK /ˈpeɪmənt ɡeɪtweɪ/
US /ˈpeɪmənt ɡeɪtweɪ/
A tool that safely moves money from a buyer to a seller on the internet.
The online store uses a payment gateway to take your money when you buy a toy.
RELATED WORDS
OTHER MEANINGS
2. A secure bridge that checks a card is real before money is sent.
The payment gateway checked the card and approved the purchase.
3. Software that connects a shop's website to a bank.
Without a payment gateway, the website cannot accept cards.
4. A service that keeps card details private during a sale.
The payment gateway hid the card number from the shop.