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Payment Processing in Singapore: A Trouble-Free Way of Accepting Payments

 Are you a merchant dealing in the Singapore e-commerce market? Do you face high charge-backs and fraud issues on your website? Chances are you have a corrupt or vulnerable payment processing system.  

 

E-commerce in Singapore 

According to a recent survey, Singapore shoppers have ranked 1st as the biggest online shoppers, which is a good sign of healthy e-commerce opportunities for merchants. 

But there are a lot of difficulties for merchants to set up a stable online business. E-commerce business is a risky occupation as many merchants face tremendous levels of fraud which make their customers' payment details vulnerable. Also, the vast number of charge-back requests by unhappy customers leave merchants under stress. 

So, what will you do? 

The key ingredient of a stable online business is to search for a High-risk payment gateway service provider to get the best solutions according to your business requirements. 

PayCly offers a High-risk merchant account for e-commerce merchants like you. We will help you build your brand from local to global.



What is a payment gateway?

Your e-commerce business needs a secure channel that can validate and report every online transaction to you and your customers. A payment gateway provides an encrypted path for any purchase done online. It uses a technology to report customer’s payment details from the merchant’s bank where all the transactions occur.  

Working?

In online payment processing, there are three simple steps involved: 

1. Security measures

It starts with point-to-point encryption of the buyer’s credit/debit card details, allowing a secure path for card details and the merchant’s web server. 

2. Authentication

After securing details, it seeks authorization for the transaction from the buyer’s issuing bank. It is a fast process and takes seconds. 

3. Completing a transaction

After getting authorization is done, it allows the customer to checkout from the merchant’s website, hence approving the purchase and providing the service to your buyers.

PayCly provides a reliable payment processing service to high-risk merchants. We are a merchant-centric organization; our only target is to provide the best services to our merchants.

 

A guide to right Payment Platform 

For any E-commerce, it is essential to have well-grounded payment processing. So, what about selecting a perfect service provider according to your needs?  

1. Security

If your e-commerce deposit processing is safe, more customers will come back after using it the first time. In addition, having a PCI-DSS (Payment Card Industry Data Security Standard) a certified payment processor is essential for customers' payment details safety.  

2. Cost-effective

All payment processing services have certain charges. Choose the one which gives affordable services according to your wishes.  

3. Local to global customers

For targeting a large audience, it’s necessary to know your local Singaporean customers. Choose the one that can process for both local and global customers and multi-currency settlements as well. You can have PayCly services that provide various currency options for your buyer’s comfort and your transaction settlements. 

4. 24x7 support

If the payment processing service provider offers flexible support for your merchant’s account, then it’s a plus. You can have a powerful dashboard with Real-time reporting of every transaction and customer chargeback, with PayCly dedicated customer support. 

5. Maintenance of database

Recording online sales every day is a must. Choosing a payment processing that maintains a merchant’s transaction details is very important. We at Paycly, understand how important these tiny bits of information are.

 

Grow with PayCly

If you want to make your e-commerce smooth and profitable, then you need reliable service. We at PayCly takes care of your online business.  

You only need to state your requirements about online gateways. We will design a dedicated M.I.D for you; to access your transactions. Furthermore, PayCly software is easy to integrate with your e-commerce website. 

PayCly provides several services such as Credit Card Services, Invoicing Solutions, Crypto Services, and White Label Solutions for highlighting your brand.

 

Our stable solutions 

·       Smooth checkout and Global card saving options

·         Multiple payment methods

·         Various currency processing

·         Security prevention tools

·         Seamless integration

·         A dedicated MID

·         Fraud prevention tools

·         24x7 real-time transaction reports

·         Account review

·         2D payment gateway

·         3D payment gateway and the list are never-ending. 

 

What are we best at providing?

1. High-risk merchant account

2. International payment gateway

3. High-risk payment gateway

4. Offshore merchant account

5. Offshore payment gateway

6. International merchant account

7. High-risk credit card processing

 

For High-risk business

PayCly has a customer base of merchants belonging to high-risk industries. From a multimedia streaming company to online clothing stores, we have services for all online businesses. 

If you are a merchant that belongs to high-risk industries, worry not PayCly got you covered. PayCly provides you complete help to set up your products. 

We at PayCly understand how to scale up cash flow for your business. 

 

Your business problems!!!

 PayCly solutions! 


Tags: Online Credit Card Processing, High-Risk Gateway, Payment Gateway for IPTV, International Merchant Account, Casinos Merchant Account


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Location: Singapore

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