Though millennials are highly responsible for the surge in the number on mobile-based transactions, we just cannot ignore the role of salaried men, working women, and even retired persons in promoting mobile payments.
The rise of eCommerce and mCommerce has paved the way for mobile wallets.
As per a survey, every 6 in 10 consumers have used mobile for online shopping.
The paradigm shift from laptop-based shopping to mobile shopping is greatly responsible for making mobile wallets one of the fastest-growing trends of mobile payment.
Software giants like Apple, Google, and Samsung have mainstreamed the mobile wallets and the consumers embrace them for paying through their smart devices with ease.
Social channels have a lot of influence on shopping decisions and searching for products.
The e-payment mode will help you have a successful shopping on the go and should be incorporated during the mobile app development phase.
A direct and simple technique with quick payments consolidates the best payment gateway.
The payment gateway providers list is described below:
There are some aspects to be considered like security, cost, and other payment modes while going for an online payment gateway.
There are four key parties required in an online transaction:
The payment processor and payment portal help in connecting all 4 parties in the payment chain.
Here is the list of Top 10 payment gateways in usa
- PayPal
- Stripe
- Amazon Pay
- Authorize.net
- 2check out
- PaySimple
- WePay
- BlueSnap
- Payline
- Adyen
E-Payments help you to transfer the funds in online so that the payment processes become so easy.
You need an app concept, but let’s assume you have it already.
Mobile commerce will total $142 billion in revenues by the end of 2016 according to Forrester forecasts.
The average order value for tablet purchases is $98.07 and $81.27 for mobile purchases.
Set up card distinguishing by the first four numbers.
Others feel reluctant, especially after the recent series of major data breaches.
However, as long as you are selling physical products or subscription plans for your software, then you can choose any payment gateway integration that suits your business needs most (and avoid the 30% payment cut Apple and Google takes from every app purchase made).
