Accept payments gateway | Senmo

Your payment gateway (or whatever entity set up the account for you) deposits the funds from your sales there. According to a designated schedule, as determined by your payment gateway, the funds are automatically transferred from your merchant account into your business bank account, which you set up for yourself.

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Accept payments gateway | Senmo

A payment gateway is a piece of software that works with your website or eCommerce store and allows you to take and process secure credit card payments online. The payment gateway serves in the place of a credit card terminal. Their customers no need to carry cash in hand they can make instant payment for the product or services they require. It helps to increase sales and loyalty for all individuals and protects your payments from fraud.

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