Payment Gateway Integration
For any e-commerce, the payment gateway is the vain to flow pure blood (money). We know that the future of every business is going online (e-commerce). Whether you provide services or sell product, the ultimate mantra to reach millions of people is through a website. A website takes your entire business to a customer’s bedroom; in other words under finger tips!
Ecommerce transactions go successful for two primary reasons
  • Flawless shopping carts
  • Reliable and secure payment gateways
I presume, you have created an ecommerce site and made your mind to implement online payment. Now discussing here about payment process, I like to tell you something worth taking note. A payment process (gateway) can be taken in consideration if:
  • Gateway is a perfect choice according to your nature of business or affordability
  • Secure in respect of its structure and implementation process
  • Reliable in terms of proven customer satisfaction levels
Ultimately everything ends up in vain if any of the above points go missing from your notice. So placing (integrating) a payment gateway in a proper way can only make an ecommerce site successful in terms of churning out revenue (finally deposited to the owner’s account after any transaction completion). Well, my experience says that it is not that simple to select a payment gateway! Before you make your mind for a payment way purchase, you should have primary knowledge in this regards. The must in this regard is to have knowledge about pros and cons of a gateway purchase to integration. You need to know if an international gateway can be the right selection for your business or a payment gateway from your native country could be the prime choice! Let’s start with some must have advantages of dependable payment gateways:

Secure transaction

In monetary transactions everyone looks for security. So the time you are going to buy any payment gateway, make sure that you get a service that provides optimum encryption. You need to discuss with your service provider about the security matter. Security against hacking can never be ignored or taken lightly.

Ease of Use

Whichever payment gateway you buy, you have to check the ease of use. You need to check from a user perspective. In every possible way the user must feel comfortable in making the transaction. Sometimes, it is found that complication of use lead in abandonment of transaction. If you take opinion from users or your own in using a payment gateway, it would be always fruitful.

Rapid integration loads of features

The most important part of using a payment gateway is the integration with the site and connecting it with shopping cart and bank accounts. You need to know if the integration documentation is easy to understand and comprehensive to the web developers. At the same time it would not be a bad idea if you can compare the features available (multiple account integration, currency conversion, language guide, payment processing with debit and credit cards etc.).

Certification or recognition

In most of the cases payment gateways come with recognition and recommendation from international authorities. So the time you are buying a payment gateway, it is better to check if the service is granted or certified by some of the internationally recognized authorities.

Gateways

PayPal

From 1990 onwards PayPal is one of the longest established and probably the best known payment gateway service provider. It is believed one of the most trustworthy services for transferring money online.

Amazon Payments

It has started service in 2007. Amazon Payments provides customers with ease and the trust they are habituated with Amazon.com.