Step into the world of modern e-commerce, where transactions happen at the tap of a button. It sure is easy to shop online these days, but have you ever wondered about the mechanics behind the transactions? From start to finish, payment to settlement, we’ll decode, in plain language, how the Curlec Payment Gateway works.

Basics of a Payment Gateway

Imagine payment gateways as the digital bouncers who ensure only legitimate guests enter the party. They’re the intermediaries that safely process payments, providing your customers an effortless online shopping experience. Beyond this, they also protect data, ensuring credentials and information is locked away from prying eyes. Hence, it’s important to integrate a payment gateway for your online business to not only enhance your customers’ checkout experience but for them to transact safely. 

The Process Beyond The Cart

1. Order placement: Your customers are checking out and they proceed to pay; creating a unique transaction ID. 
2. Order creation: Using Curlec Orders API, an order is formed on your server. It’ll be linked to the transaction.
3. Payment collection: Curlec Checkout displays various local payment methods for your customers, from FPX, credit, debit cards, and eWallets, enabling them to complete the payment.
4. Bank authorisation: Curlec verifies with the customers’ bank for payment authentication. Once authorised, Curlec will deduct the amount accordingly.
5. Payment capture: You confirm the payment receipt, either automatically or manually.
6. Settlement: Curlec settles the amount to your account based on your schedule.

Ka-ching! 

That’s essentially it. What begins as a simple transaction evolves into a symphony of steps, expertly orchestrated by us to provide you and your customers secure and seamless payments. Armed with this knowledge, you can now navigate the e-commerce landscape with renewed assurance! Especially when you equip the Curlec Payment Gateway. Sign up today and unleash the potential to supercharge your business.