eCommerce Payment Gateways with seamless and secure service

 

The ecommerce has changed the world in the past decade and will continue doing so in many years to come. With internet bound services growing fast and people sticking to business run with the help of internet the ecommerce business has come into being. The ecommerce needs a better way to do the payment and the business can find a good payment gateway that is provided through e-commerce application service provider.

The payment processing for the e-business or the online retailers along with brick-and-mortar business need an ecommerce payment gateways these days. The payment transaction leads to transfer of information between the payment portal which can be found over the website. mobile phone or the IVRS can be found through the ecommerce payment gateways. The better understanding about it can be find through understanding the payment gateway first. In the payment gateway the online version of the business can be seen through point-of-sale terminals.

The customer enters the payment details into the desktop or mobile with the web browser and the payment gateway also encrypts the information which is send to the payment chain which gets validated by the customers banks, payment provider and the card issuer.

 One has to understand that how does a payment gateway works improving the customers shopping experience.

·     Customer pays through phone or mobile

·     Payment details is sent securely through payment gateways

·     Merchant account processes the card details

·     Customers notified that the payment is successful or decline

·    Funds get settled for the merchants

The payment gateway does more than simply processing the transactions. The overall online customer experience leads to online shopping transactions that are often find at the checkout stage. The good gateway solution leads to improving through simple ways and seamless or secure payments that gives easy flow for the customers to finish the purchase.

Here, are some of the prominent factor that leads to choosing the ecommerce payment gateways:

Ø  Payment options: The payment options is with the widest method. It can be through the mobile wallet or over the website portals and at times through credit and debit transaction as well. The payment reference also varies by country in terms of security features as in Asia people look for more secure features such as 3d enabled services.

Ø  Mobile optimization: The mobile optimization features can be found with the secure payment gateway and it gives direct response to the customers device or mobile. The ecommerce payment gateways runbetter with mobile devices and anyone can complete the purchase on a mobile device as well.

Ø  Efficient payment flow: The customer experience is found with the number of steps and it also screens with customer through complete purchase of the goods and services. It also looks for a gateway that looks simple and efficient. The process is simple and easy with ecommerce 2dpayment gateways so that a person cannot lose out of frustration or confusion while purchasing.

Ø  Security enhanced features: The security enhanced features lead to work with the customer experience and it enables managing all the payment gateways with separate tools for the card payments. It also manages transactions with better accounting reconciliation methods and put less burden on back office operations.

Ø  Installation and fees: The ecommerce payment gateway charges certain transaction fees with every payment and it also provides payment gateway that is done through integration, installation, activation and managing of ecommerce payment gateway.

 The payment gateway service is found to be with merchant service and the financial entity or service leads to encrypt with the purchase information. The ecommerce payment gatewayleads to work by checking validity and it leads to decrypting the response between the websites merchant account and also find the customers bank or the credit card company.

With ecommerce business finding its way the payment gateway with the shopping cart leads to ecommerce business shopping cart that is configured to send the transaction details with a secured SSL connection. The payment gateways are found to be with more important payment processing system and facilitating e-commerce payment gateway through number of ways.

Ø  Credit card transactions are found to be secured and processed with real-time, rejecting or approving payment within seconds

Ø  It helps protecting an e-commerce website reputation with quick, professional transactions.

Ø  Customers can also shop and pay online 24/7 from anywhere in the world

Ø  It also guarantees safe, secure payment processing and reducing customers concerns with increase in sales.

Ø  Payment gateways reduces incidence of credit card processing chargebacks and frauds through ecommerce payment gateways.

The ecommerce payment gateways tackle most of the transaction on the store and the payment gateway deducts the amount from the credit card or debit card sending it to the drop-shipper’s bank accounts while deducting some fees. The drop-shipper leads to transferring of his or her bank accounts.

The number of business providers with the ecommerce merchant account can be found with the payment gateway leading to do the business in more enhanced ways.

The facilitating of transaction leads to communicating transaction information through physical or virtual point of sale that maybe located in the retail outlets or over the web portals. It is nothing less than a magic that is woven in a formidable way and leads to working with sending information securely between the website or the credit card and debit card network for processing the payments.

The streamlining of the business through ecommerce payment gateway is found to be with easy checkout process and leads to working with reduction in card abandonment rates. The significant increase in conversions leads to reduction in number of clicks and streamlining the checkout experience in the business.

So, to sum it up one can say that the ecommerce payment gateway is a software application that also enables the securing of credit and debit card information from the website. It is also found with the payment network with the help of ecommerce payments. It is also known to act as the bridge between the product sales and the customers.