What is eCommerce?

eCommerce (electronic commerce) refers to the buying and selling of goods or services over the internet. It includes online shopping websites, digital marketplaces, subscription services, and any business model where transactions occur online.

How It Works in eCommerce

1. Customer Checkout
   The customer adds items to their cart and proceeds to checkout.
2. Payment Details Entered
   The customer enters their payment details into a secure form provided by the payment gateway.
3. Data Encryption & Transfer
   The payment gateway encrypts this information and sends it to the acquiring bank and card networks for approval.
4. Transaction Approval or Decline
   The bank either approves or declines the transaction and informs the payment gateway.
5. Confirmation
   The gateway notifies both the customer and the merchant, completing the sale if approved.

How do I use PaidYET's eCommerce

You can use PaidYET's eCommerce tools by simply integrating our REST API. To read more about how to use our REST API for creating and managing transactions please go to https://paidyet.readme.io/reference/transaction

Key Features to Look for in PaidYET eCommerce

• Seamless integration with eCommerce platforms
• Fraud detection tools
• Excellent customer support
• Scalability for growing businesses

Conclusion

For any eCommerce business, a payment gateway is not just a tool — it’s the backbone of secure and efficient online transactions.