What Is a 3D Payment Gateway? A Detailed Guide

A 3D Payment Gateway is an online payment gateway solution that allows businesses to securely accept payments from customers via debit and credit cards. 3D Secure technology adds an extra layer of security for online transactions by requiring a customer to provide additional authentication information beyond just their usual card details. This way, both the merchant and the bank can be sure that the customer is a legitimate cardholder and not an identity thief.
 
When a customer goes to make an online purchase, they are usually required to provide their credit or debit card details. However, with 3D Payment Gateways, the customer will also be prompted to enter additional information such as a one-time password sent via SMS or email. This extra layer of authentication makes it difficult for fraudsters to use stolen card details as the actual cardholder needs to approve the transaction.
 
The 3D Secure payment gateway also reduces chargebacks and associated costs by up to 80%, providing a cost-effective way for businesses to accept payments online. It is also very easy and convenient for customers, as they are not required to create any additional accounts or sign up for services.
 
To set up a 3D Payment Gateway, the merchant will need to register with an acquiring bank and use their API to integrate the gateway into the website. This can be done by either hiring a technical team or using a specialist payment service provider such as Adyen, Stripe and PayPal.
 
Once the payment gateway is set up, customers can start to make payments with their credit or debit cards online and feel secure in the knowledge that their sensitive card details are kept safe and secure. The 3D Payment Gateway also provides merchants with detailed transaction reports so they can track all activities in real-time.
 
Overall, the 3D Payment Gateway is a great way for businesses to accept payments online securely and conveniently. Not only does it provide an additional layer of security but also helps merchants reduce costs associated with chargebacks. If you’re looking for an easy and secure way to take payments online, then look into setting up a 3D Payment Gateway.