What is a Payment Gateway?

A payment gateway is a service that processes financial transactions between a customer and a business. It securely captures payment information (like credit card details) and communicates with banks or other financial institutions to authorize and settle payments.

Why we use multiple payment gateways?

• Redundancy: Having more than one gateway can ensure continuous operations if one gateway experiences downtime.
• Geographical Coverage: Some gateways specialize in particular regions or currencies, helping reach global customers.
• Cost Optimization: Different gateways may offer better transaction fees or exchange rates for certain payments.

In our system, Solidgate acts as our orchestrator, while we directly integrate and manage Airwallex and Checkout.

Check details for each of them: Solidgate, Airwallex, Checkout