Understanding the purpose of a business payment gateway

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Payment gateway
Complete information about payment gateway

• They joined Shen to start up a venture in the
  middle of the Chinese internet frenzy. They
  decided to try an area that was not yet swamped
  with competitorsonline  payment .
• With a booming economy and a growing middle
  class, the travel industry in China was growing
  strongly, though the major players were all
  state-owned enterprises that were slow to seize
  the opportunities.
• The three major travel services in China at the
  millennium were China International Travel
  Service, China Travel Service, and China Youth
  Travel Service, all run by the government.