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Payment Gateway

General concept · Payments, Clearing & Settlement · Last reviewed: September 2026

A payment gateway is the software interface through which a merchant or application sends and receives payment information to and from payment-processing infrastructure.

Explanation

For stablecoin payments, a gateway can generate addresses or payment requests, display token and network choices, return transaction status, and connect the merchant's checkout to a processor, wallet, exchange, or blockchain service. A gateway can be bundled with processing services, but the interface function remains conceptually separate from transaction execution and settlement.

Boundaries

The gateway is the merchant-facing technical interface. The processor performs or coordinates the underlying processing, monitoring, conversion, or settlement functions.

Why it matters

Separating gateway and processing functions helps describe where checkout integration ends and where payment execution, risk management, and settlement begin.

Example

An e-commerce checkout can call a gateway API to request a USDC invoice and receive a payment address and status updates.

Related terms

Sources

  1. Shee-Ihn Kim and Seung-Hee Kim. E-Commerce Payment Model Using Blockchain. Springer, Journal of Ambient Intelligence and Humanized Computing 13: 1673-1685, 2022. doi:10.1007/s12652-020-02519-5 Peer-reviewed research
  2. CBDCs: An Opportunity for the Monetary System. Bank for International Settlements, BIS Annual Economic Report 2021, Chapter III, 2021. Institutional analysis
Methodology · definitions, cadence and source detail