What is a payment processor script?
Payment processor script is defined as a website software which helps you run a payment gateway in minutes. It has been named as a script because it is a piece of code which is ready.
The meaning of a payment script can be understood well from the three words which form this compound noun.
- Payment = this refers is the trade of value from one party to another for goods, or services, or to fulfill a legal obligation.
- Processing = to perform a series of mechanical or chemical operations on (something) in order to change or preserve it.
- Script = a computer program written in a scripting language.
Definition of a Payment processor script from the above words.
From the definition of the above words, you can easily tell that a payment processing script is actually a ready software, which is written specifically to help the person owning it process units of trades.
People who register on a payment processing script will have their trades and transactions recorded and managed on this software.
Now that you know what a processing script is, let us dive in to understand how to get a payment processing script.
Step 2. Install it in your hosting server.
Step 3. Set up a domain name.
That is all. You will be running a payment gateway within minutes.