Payment Gateways
In today’s seamless consumer market, buying and selling is a simplified process. After clicking the ‘order now’ button, consumers are catered to and served in a timely manner. However, what goes on behind the scenes of the digital checkout page is much more complex than meets the eye. Depending on the purchase, it is unlikely that only one stakeholder is responsible for the consumer’s purchase. In fact, it is very likely that there are several parties and merchants on the receiving end of the order that are scrambling to secure information. This process is streamlined using payment gateways. Payment Gateway services serve e-commerce companies and their platforms to enable secure and efficient payment processes and approvals. Essentially, a payment gateway functions in the same way a physical credit card reader does.
Payment Gateway Solutions are valuable to online shoppers and the e-commerce landscape. When shopping online, it is not possible to physically swipe or insert credit cards like you would at a traditional brick and mortar store. In order to make online transactions feasible, this problem is met with the solution presented by Online Payment Gateway Services. Once a customer shares their billing information, the payment gateway will authorize the payment. Once the transaction is successfully verified, the sale is then executed.
A payment gateway functions as a middle man between the platform and the payment processing system. Consider some of the well-known Payment Gateway Companies. Take digital wallet company PayPal, for example. PayPal offers two Secure Payment Services. Both services are payment gateways that are customized to serve two different audiences and experiences. Both services are fully integrated in the online payment platform paired with an e-commerce site and synced to merchant accounts.
For small businesses entering the e-commerce world, it can be difficult to navigate. Finding the Best Payment Gateway for Small Business involves identifying a fully secure and cohesive service that will bring added value to your business and your business's bottom line. While payment gateway software can vary depending on the provider, the Best Online Payment Gateways offer support for online invoices, recurring fees, and security features that disclose and protect private customer information.
What we’ve seen:
Payment Gateway Services in the USA serve a multitude of companies that are headquartered in the U.S., operate internationally and need payment gateway services to carry out sales and other financial transactions. We have a client that is a national kitchen and bath cabinet manufacturer. Their business is located in the U.S., but most of their clients are based overseas. In order to accelerate operations, the manufacturer provides the ability on their e-commerce site to fulfill their client orders quickly and securely and thereby allowing them to improve their market share.