What does PGW mean in IT?
This page is about the meanings of the acronym/abbreviation/shorthand PGW in the Computing field in general and in the IT terminology in particular.
Submitted by Tancial on May 9, 2021
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Definition
What does PGW mean?
- Payment gateway
- A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider. A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or acquiring bank.
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"PGW." Abbreviations.com. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.abbreviations.com/term/2498432>.
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