A payment gateway (ecommerce gateway) is the vital connection between your merchant account and your customer’s account. Online businesses need to be able to accept payment from any bank in the world and this connection allows you to use customer card details in order to retrieve funds. Your payment gateway is the first step in any online payment transaction.
The cardholder initiates a purchase
The merchant processes the credit card information and requests authorization
3. Payment Gateway
The payment gateway routes information to the processor
The processor submits the authorization request to the card network
5. Card Network
The card network submits the authorization request to the issuer
The issuer approves the transaction
7. Card Network
The card network forwards the authorization response to the acquiring bank
The acquiring bank forwards the authorization response to the merchant
The merchant accepts the transaction
The cardholder receives the purchased items or services
Payment Gateway Features
Lumi Pay is one of the most reliable payment gateway providers which is completely free from the interests of acquiring banks. This means we adapt to suit your business needs, whatever they may be.
Finds the best payment gateway for you by searching a huge range of account options and conditions
Fraud protection ensures debit and credit card transactions are processed safely
Checks for sufficient funds in customer accounts prior to payment approval
Accepted payments are safeguarded against chargebacks
Efficient bank approval process and prioritised set-ups
Take recurring payments
Cheapest possible prices guaranteed from banks on your merchant services
LumiPay & Content Management Systems
LumiPay is a one-click solution for implementing an eCommerce gateway for your online business. As a payment gateway, LumiPay works great with many different content management systems including:
Why choose LumiPay as your go-to Payment Gateway?
LumiPay is able to process payments that most other payment gateways like Paypal and Stripe won’t. That is why is it so appealing to many different types of online businesses. Interest is skyrocketing right now and it’s clear to see why. The likes of Google Pay and Apple Pay simply cannot compete with how diverse your transactions can be when you use LumiPay.