100+ Payment Industry Terms Explained in Plain English
Clearly Payments
MAY 22, 2025
Gateway A service that connects your website to payment networks. Payment Network Companies like Visa, Mastercard, Amex, and Discover that move the data between banks. ACH (Automated Clearing House) The U.S. system for transferring funds between banks, used for payroll, bill payments, and more.
Let's personalize your content