Friday 30 November 2018

Top 6 Tips on Choosing a Payment Gateway for Your Online Store

As a business owner, if you are selling your products without using an e-commerce website, then you payment gateway for website is the best way to accept debit and credit card payments from your domestic and international audience.

In this article, we will share some top tips to help you choose the right payment gateway for your online business.

Fee structure
It is important to partner with a payment gateway provider that offers a flexible fees structure. Some service providers charge a fee per transaction while some charge a flat monthly fee for a fixed number of transactions every month. Before committing, ensure that you are aware of the fees structure. Select a payment gateway for website that meets your present needs and also which can help you in the future.

Reputation
There are plenty of payment gateway providers in the market. Choose a reliable and proven payment gateway provider with features that can help you and your business succeed. Also, choose a one which can offer a great shopping experience to customers visiting your online store.

Security
Security of your customer’s sensitive data should be the top-most priority of an e-commerce merchant. Make sure you partner with a service provider that is compliant with Payment Card Industry Data Security Standard (PCI DSS).  Also, check if they have fraud protection tools and other advanced solutions to minimize fraudulent transactions.

Integration
For an online business to run, you need to integrate the payment processing with your e-commerce website. During the process of selecting a payment gateway, it is important to check if the payment gateway is supported by your website or not. Also, to make the payment process hassle-free and quick for your customers, ensure that the integration is simple.

Customer support
Before committing to a service provider, do not forget to look at the type of support that is being offered to the customers in case if any issue arises. Does the payment gateway provider offer telephone support or only email support? Are they available 24/7? Ask these questions beforehand to check on the type of customer support that is being offered.

Mobile optimization
Another important factor to consider while opting for a payment gateway is that if the payment gateway supports the payment method of your target audience. To run your business successfully, you need to have a payment gateway that supports the method of payment of your customers and offer them the convenience of shopping online. In today’s busy world, there are customers who prefer using mobile phones to shop, so it is important to check if the payment gateway gives the flexibility to customers to pay regardless of whatever device they use.

Conclusion
Payments are the lifeline of an online business, so it is important to choose the right payment gateway. Using the above-mentioned tips, choose an online payment gateway that will help your business to grow manifolds are missing out on something very big. Finding the right

2 comments:

  1. Reliable payment gateway



    Money swift is best reliable payment gateway in Canada. We have extensive knowledge of payment technologies. Our service is secure and easy way to get paid.

    ReplyDelete
  2. Reliable payment gateway


    Money swift is best reliable payment gateway in Canada. We have extensive knowledge of payment technologies. Our service is secure and easy way to get paid.

    ReplyDelete