Gateway-only provider

A gateway-only provider offers a specialized type of service in the payment processing industry, focusing solely on the gateway aspect without including merchant account services. This option is ideal for merchants who already have a merchant account but require a robust platform to facilitate the secure and efficient transmission of payment data between their business and the payment processors.

A gateway-only provider, such as the Cardknox gateway-only option, enhances transaction processing by offering advanced pre-processing functions. These include fraud screening, which helps identify and prevent potentially fraudulent transactions before they are processed, and processor routing, which intelligently routes transactions to different processors based on predefined criteria such as lowest cost or highest transaction approval rate.

This type of service provides merchants with the flexibility to maintain their existing banking relationships or negotiate their own merchant services while leveraging sophisticated gateway technology to manage and secure online transactions. This can lead to better control over transaction costs, improved transaction success rates, and enhanced security measures, which are critical for maintaining customer trust and compliance with industry standards.