Payment Gateway: What Is It And Why You May Need One?

Payment Gateway: What Is It And Why You May Need One?

Payment Gateway: What Is It And Why You May Need One?

Posted on 03/29/2023

The payment processing industry in its entirety can be confusing. There are a ton of terms, processes, tools, and components that can be overwhelming for an individual who is looking for a payment processing company to partner with. 


At TCB Pay, one of our main goals is to make our merchant’s lives simpler. We strive to maintain transparency and explain every step of your journey with us as a payment processor. We offer a variety of features within our portfolio, and one of the most useful tools we offer is our TCB Pay Gateway


Below we will explain in more detail what a payment gateway is, along with its functions and how it can be beneficial to you and your business. 


What is a payment gateway?

A payment gateway allows you to accept credit card payments, both in person and online, by transferring money between your merchant account and a payment processor. Essentially, a gateway is a place where you can conduct transactions. 

When it comes to our TCB Pay gateway, not only can you conduct transactions, but you also have access to a multitude of other features. The features we offer include, but are not limited to: 

  • Setting up subscriptions
  • Referencing past transactions
  • Reporting
  • Managing chargebacks
  • Invoicing 
  • Processing ACH payments. 

 Think of a payment gateway as a portal to manage all of your processing information. 


Why you may need a payment gateway?

  • If you are running a strictly e-commerce business, then a payment gateway is essential to running your business successfully. 
  • If you are running a brick-and-mortar business, having a tool that encompasses all of your business information can assist in a seamless customer experience as well as increase productivity within your business. 

A payment gateway is your “one-stop shop” for your processing needs and will assist you in running your business. It also provides security for you to process your payments through your processor. 


Read more about TCB Pay Gateway on our website and get it for your business!

If you are interested in having a payment gateway and are not sure where to start, let us know and we will be more than willing to help get you started. Call or text us at (866) 444-8585 or send us an email at