A payment aggregator and a payment gateway are both payment processing solutions, but they serve different purposes and have different functions.

A payment aggregator is a company that acts as a middleman between a merchant and various payment methods, such as credit cards and e-wallets. The aggregator acts as a single point of contact for the merchant, and handles the processing of payments from multiple sources.

A payment gateway, on the other hand, is a software solution that securely facilitates the transfer of information between a merchant’s website and the payment processor. It is responsible for encrypting sensitive information, such as credit card numbers, and ensuring secure transmission of the data.

In summary, a Payment Aggregator enables merchants to accept payments from multiple channels and payment methods, while a Payment Gateway facilitates the secure transmission of payment data between the merchant and the payment processor.

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