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By: Pravin Vazirani

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How much does it cost to build a payment gateway?

There are several development and maintenance costs associated with building your own payment gateway. The initial cost of creating your own payment gateway is typically higher than paying the associated fees to use an external payment gateway; however, by opting to go with a custom platform you are also investing in a long-term product for your company that is optimized to meet your specific business needs.

Here’s where we’re going if you want to jump ahead:

A payment gateway should allow you to accept payments quickly and easily. The key component of any payment gateway is to process transactions securely and keep your customer's money and data secure. A secured payment gateway helps you gain the trust of your customers so they are willing to make transactions. A custom payment gateway may require a greater initial investment in terms of time and money, but this custom solution will dramatically help in growing your business.

There are a vast array of payment gateways to choose from in today's market, each with their own benefits and drawbacks that affect the services you can offer through that payment gateway. Determining whether the pros outweigh the cons in every off-the-shelf product available can make finding the right payment gateway for your business an extremely time-consuming process.

Below, we discuss the pros and cons of creating a custom payment gateway, the key components of a payment gateway portal, common pitfalls, differentiating factors for your payment gateway in an already overcrowded market and what are the merchants looking for.

Analyzing the Pros & Cons of Creating Your Own Payment Gateway



Key Components of Payment Gateway Portals

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Common Pitfalls of Payment Gateway Portals

Differentiating Factors in an Over-Crowded Market

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What Are Merchants Looking For in Payment Gateways?

Owning a payment gateway that is designed to your specifications can be a valuable tool for your business. It allows you to provide a single, integrated solution for point of sale (POS) and payment processing, which you can then offer to merchants as a replacement of the current payment gateway they may be using.

However, to ensure that merchants are willing to part with their current provider, your payment gateway must be secure to reduce the risk of charge backs and have a wider range of options for choosing an acquiring bank for creating settlement accounts. It should also offer competitive fees, faster settlement, excellent customer support and high-quality reporting.

For more information on payment gateway and processing solutions, visit


Chetu, Inc. does not affect the opinion of this article. Any mention of specific names for software, companies or individuals does not constitute an endorsement from either party unless otherwise specified. All case studies and blogs are written with the full cooperation, knowledge and participation of the individuals mentioned. This blog should not be construed as legal advice.

Chetu was incorporated in 2000 and is headquartered in Florida. We deliver World-Class Software Development Solutions serving entrepreneurs to Fortune 500 clients. Our services include process and systems design, package implementation, custom development, business intelligence and reporting, systems integration, as well as testing, maintenance and support. Chetu's expertise spans across the entire IT spectrum.

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