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Dedicated Payment Gateways

You have already learned that many products contain their own payment gateways. However, several different third-party companies now offer online dedicated payment gateway services. Rather than installing payment gateway software on your own system, you can access theirs on the Web. Online payment gateway vendors include and Cybermerchant.
You do not have to install complex software with these options, because these companies focus only on providing a payment gateway. Using a Web browser, you can supply vendors with your merchant account information, as well as the payment options you desire.
Advantages to this approach include:
  1. Easier setup
  2. Extensive user tracking
  3. Customer support
  4. Seamless integration between your site and the Internet service provider (ISP)
Additionally, these vendors configure the payment gateway. The chief concerns about this option include all the issues that arise whenever you relinquish full control of your site to another provider. Such concerns include the vendor's ability to provide reliable service, security, and the fact that your provider may not be able to grow with your business.