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Top 10 Must Have Features of a Digital Payment Gateway

A Payment gateway is the simplest and efficient mode of payment for businesses to collect digital payments via a website or an application. The online transactions happen not only using credit/debit cards but also through numerous other payment modes like UPI, net banking, mobile wallets, etc… 

According to BusinessWire, the e-payment system market is expected to reach USD 42.9 billion by 2025, at a CAGR of 16.43% over the forecast period (2020-2025). This growth report signifies the essence of payment systems across the globe. Now let’s dive deep into the features that need to be present in building a robust payment gateway.