I'm a bit confused about payment processors and payment gateways. Aren't they essentially the same thing when it comes to online casinos?
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And the payment processor is the entity that actually handles the financial transaction behind the scenes, communicating with the player's bank and the casino's bank.
Great question—it's a common confusion! While they work closely together, payment processors and payment gateways serve different roles. In online casinos, the payment gateway is like the digital terminal that securely collects and transmits your payment data. The payment processor, on the other hand, handles the actual transaction between your bank and the casino’s account. Both are crucial for smooth and secure payments. If you want a clearer breakdown, this article helps a lot https://www.wewishes.com/the-role-of-payment-processors-in-online-casinos Understanding the difference can really help you choose safer platforms.