The industry of Commerce is blasting off with the newer generation. The world wants to sit back, relax and order online. Thus, you must give the consumers the convenience to pay online for the products or services. To accept payments you need a payment gateway that will channel the transactions to your merchant account. Here is why you need a payment gateway for your business.
Why do you Need a Payment Gateway for Your Business?
To simply answer the question you need a payment gateway to process the payments from your consumer’s bank to your bank safely. There are some benefits that your business gets when you choose a worthy and striking payment processor.
- Chargeback MGMT: eCommerce has always been seen as a high-risk business to many processors. But we accept your business with open hands. Being in a high-risk business may bring quite a lot of chargebacks for your company. Thus, chargeback management helps us to reduce the number of chargebacks that consumers throw at us.
- Multi-Currency Support: An eCommerce business should accept the currencies that are majorly used around the world. It will not only add to the company’s reliability but boosts the customer experience of the company. It gives a great upper hand in the business world.
- Data Security: Top-notch security protocols that keep the data encrypted for the consumers and merchant is a must. Nobody wants their sensitive information out to others. Thus, various security features like 3DS, PCI Compliance, SSL certification, etc. are used to maintain the security standards.
- Mode of Payment: A diverse mode of payment options allows the consumers to choose the most convenient option for themselves. Credit cards, debit cards, eWallets, NetBanking, etc. are some of the modes of payment that can be easily integrated with the payment gateway to deliver the best experience to the customers.
- Shopping Cart Integration: Everybody wants to shop online like a real shopping cart. That is an irony though, but still is a luxury that each one of us wants to feel. Thus, we provide shopping cart integration for consumers to add products into their shopping cart and check out quickly with it.
These are some of the benefits that your consumers and your business get when you choose a payment gateway from eMerchant Pro.
Some Important Features of eCommerce Payment Gateway
Features are a part of a product that not only eases the usage of the product for the enterprise but also serves as a great benefit to the merchants.
- ACH Payment Processing: With the new policies in line, debit transactions can be completed in the same business day whereas a credit card transfer only takes 1 to 2 business days which ensures the smooth transfer of funds and at the same time is an important feature of our payment gateway.
- Credit Card Processing: Credit cards are one of the most favorable payment processing methods worldwide. Thus, we have a dedicated channel that ensures smooth payment processing via Credit cards for your business.
- eCheck Processing: Electronic checks are an easy-to-use and inexpensive method of payment for consumers. It ensures that no environmental waste is produced and the instant completion of the transaction keeps the users happy. With our security protocols, eCheck becomes one of the best ways to complete transactions.
- High-Risk Payment Gateway: An exclusive service by eMerchant Pro to help your high-risk business to prosper. We assist you and your business in all regards to ensure that you get the best product for your company and reach newer heights as we take care of all the payment processes and you can focus on your own goals.
- Fraud-Detection Feature: A must-have feature for a business running in the high-risk sector as the high-risk businesses are prone to frauds and scams. Thus, with our fraud-detection feature, we promptly notify if any such malicious behavior is noticed.
- Instant Approval: We strive to set up your account ASAP to ensure that your business runs swiftly and securely. We don’t want you to wait a little bit in a fast-paced business environment like today. Thus, Instant Approval is our thing.
Conclusion
That brings us to the close of the blog. We at eMerchant Pro provide you complete assistance to personalize all the important features that will help your business to strive forward in the cut-throat competition of today. We ensure security, reliability, and flexibility to the merchants so that your business enterprise can reach the zenith of the eCommerce market.
Industries require a solution to all their transaction processes and so they look for exact ways of processing the payment.
You do not have to make a trip to the bank for pay-outs but you can get money into your account without a hassle.Instant pay-outs from customers without the bother You can get immediate pay-out from customers without any worry.
You can increase the transaction process with no disruption and thereby there is a good income.Clients can send payments from anywhere It is easy for the clients to send the payment from anywhere.
You can get paid in an easy manner via a Credit Card Processing facility.Multiple currencies is vital for global business Diverse currencies with a Credit Card Processing are vital for your industry functioning in an appropriate manner.
You can look for the UK Pound, the USA Dollar, the Australian Dollar and several more.
There is an awesome transaction as lots of customers visit your webpage.
Plastic money is so much more convenient and offers a lot of flexibility and advantages to the customers.
However, small or high-risk businesses that have more probability of shutting down find it hard to find a reliable credit card processing service.Different processing rates, terms of contract and variation in fees tends to bewilder the merchants in finding a suitable and cheap processing service.
Small or new businesses need to save money and for this reason they look for cheap credit card processing companies.
A business owner can either opt for a traditional merchant account or choose a payment service provider (PSP) to process payment.
Let’s understand what these are:Merchant AccountA merchant account is the traditional way of going about payment processing.
They are costly in the sense that you would have to keep paying a certain recurring fee apart from the other transaction fees and chargebacks.
