All merchants selling online and with e-commerce or business websites must have a premium payment gateway integrated into their business portals. Merchants are free to receive payments through other means, including post-dated cheques.
There is a problem with this process. It is lengthy, laborious, and lacking, with tech-savvy customers preferring paying though the newest cashless payment methods. Among these are credit and debit cards, cash cards, net banking, and more.
Businesses without a payment gateway in their e-commerce website are losing out on a great many prospective customers. It is high time that they start the process of integrating a modern payment gateway.But, which payment gateway is going to suit them the most. We are going to discuss this below.
Choosing one based on their requirements
A payment gateway integration has to satisfy all the needs of businesses. There are payment gateways that require a set monthly fee. There're those that charge based on how many financial transactions an e-commerce website does. Businesses must get one they can afford and won’t waste their money on. Brick-and-mortar businesses can also sell through a payment gateway, but they may need two merchant accounts.
Businesses selling internationally should get Payment gateway services that allow payments with international cards, including MasterCard and Visa. What about businesses with an extensive domestic buyer base? They should get a payment gateway that allows payments with debit cards and various net banking modes.
A wise payment gateway integration is one allowing payment through numerous modes. A payment gateway that allows 100+ payment options is great.
Merchant account payment gateways remain a part of online business websites for long. Thus, businesses must take time to pick one. A gateway that details all fees openly and has a transparent functioning mode is preferable. It shouldn’t have hidden charges. Businesses must be wary of those with hidden charges that aim to draw the capital money out of a business’s wallet. Thus, businesses must compare the fee arrangements of major payment gateways in India.
Payment and user-friendly Features.
The top online payment gateway providers in India offer an impressive set of features. They help with greater success rates of dealings and enable greater buyer satisfaction. Some offer “Auto-Retry” and “Smart Routing” features. They help businesses enjoy the greatest payment success rates. A payment gateway has got to offer businesses SSL security and conform to PCI DSS standards.
Meta: It is that businesses have Payment gateway services integrated into their e-commerce or business website. Grezpay can be an ultimate choice.Read More