(Solved):How do you typically implement merchant payment services using a bank for an e-commerce website?

 

Question

How do you typically implement merchant payment services using a bank for an e-commerce website?

 

EXPERT ANSWER

To implement merchant payment services through a bank for an E-commerce website, an individual requires the following:

1. Merchant account: It is another kind of bank account, which facilitates its user to accept payment through debit and credit card transfers. A merchant account facility is used to accept payments by various e-commerce websites.

2. Payment gateway (PG):

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