Maria-Bettina’s Substack

Maria-Bettina’s Substack

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Maria-Bettina’s Substack
Too high-risk; the adult industry is banned from mainstream payment gateway services

Too high-risk; the adult industry is banned from mainstream payment gateway services

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Maria-Bettina
May 17, 2023
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Maria-Bettina’s Substack
Maria-Bettina’s Substack
Too high-risk; the adult industry is banned from mainstream payment gateway services
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Payment gateways are vital to the function of any online business. For those who don’t know exactly what a payment gateway is:

It is the technology merchants use to accept debit or credit card purchases online from customers. It is the front-end technology responsible for sending customer information to the acquiring bank, where the transaction is processed. Payment gateways are distinct from payment processors, which use customer information to collect payments on behalf of the merchant. Payment gateway companies then take a certain percentage off the transaction, and that’s how their business model works. 

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