How It Works
How does the Payeezy® Gateway work?
The Payeezy® Gateway acts as a messenger to quickly and securely pass payment information between the consumer, the merchant, the bank acquirer and the consumer’s bank to authorize and settle and fund all your card-not-present business. Payeezy® Gateway takes the complexity out of processing your eCommerce payments.
- Customer submits payment to merchant through the Real-time Payment Manager, Hosted Checkout, or Webservice API
- The transaction data is transmitted to the card issuing bank to obtain an authorization and the response is sent back to the merchant
- The merchant delivers the product or service to the customer if the authorization is approved
- The transaction is settled by moving the funds from the card issuing bank to the merchant
For instant approval!