Online Payment Credit Card Option for Ecommerce Businesses

Most online stores or ecommerce businesses accept credit card payment from customers. It is one of the most common modes of electronic payment accepted by e-commerce businesses. They use the real time online credit card processing method within which customers submit payment information and it gets processed quickly. Even though the costs are high, the set-up is easy and transactions are completed without delays.

In case of online payment credit card, businesses need to pay a small fee and a percentage of each transaction the customers make. In some cases, an initial setup fee is also required. Once the transaction is done, the customer and the business owner are notified about it through email or message.

Customers are provided a secure interface for entering their personal data when making a purchase. Business owners can also view the record of all transactions on their account with ease. Proceeds of the transactions made through the website can be deposited into a bank account of their choice.

If business owners opt for a third party payment processor, there are no monthly charges or application fee involved. Third party providers charge only a per transaction fee.  For e-commerce business, choice of payment gateway is also important.

In order to accept credit card payment gateway, business owners need to find a reliable and secure gateway provider. It can be a daunting task to find the right payment gateway for your online business. Therefore, make sure you invest some time in doing research and finding a good option.

 There are various factors to be considered such as currency support, fees and recurring billing when choosing a service provider. Recurring billing provides the business owners the ability to set up payment that re-occurs within a set period of time.

Tips to Select the Best Payment Gateway in India

There are several payment gateway service providers in the market, so make sure you choose one that is reliable and secure. Here are few tips that you can consider when choosing a gateway:

Select between transaction charges or setup fee

Startup businesses don’t prefer to pay an initial setup fee as it takes time to build up the business. They prefer a payment gateway in which there is no setup fee involved. They can also choose a gateway that charges low transaction fee as low as 1-2%

Reputation

Reputation of the gateway provider should also be considered when choosing one of the best payment gateways in India. You can rely on the company that has been into business for several years.

Multiple payment gateway options

For new businesses, it makes sense to have multiple payment options as it will help you enhance customer satisfaction levels. You also need to decide if you need automatic billing support.

Customer support

Choose a gateway service provider that offers 24/7 customer support. If the company offers support over holidays, there is nothing like it. If you are finding it difficult to reach out to a company, probably it is not the right choice for your business.

Serving overseas customers

If you wish to tap international customers, choose a gateway that also supports payment through foreign credit cards.

You also need to consider paymentgateway integration and ensure that your CMS supports the gateway you have chosen. It is easy to move from one service provider to another if the gateway isn’t according to your choice. However, be prepared to pay a hefty set up fee. If you wish to avoid the hassles and continue accepting payment from customers, don’t forget to do some research in finding the right option.     

Top 3 Benefits of Using Credit Card Payments Online

If you are planning to sell products and services online, make sure you accept payments from credit cards. There are several advantages of accepting credit card payments:
1.    It can help you increase sales by broadening the base of your business. You will be providing an easier payment option to customers who don’t want to use net banking or debit card for buying stuff. It will also help you accept payments from anyone and anywhere in the world who wants to buy from your website.
2.    By accepting credit card payment online, you can increase the chance of impulse buys from customers who may not have cash in their account at the time of buying products from your website. It can save you time because the payments are quickly authorized. The payment will reach your bank account within a couple of days of the purchase date which means the cash flow of your business won’t get affected.
3.    There are chances that you competitors are offering credit card payment online so if you wish to stay in the competition, make sure you follow the same. Many customers prefer using credit card when shopping online. If your site is not giving them this payment option, they might end up choosing your competitor site for purchase. So, why take the risk?
From credit card processing account and payment gateway to payment processor, it is necessary to understand all aspects of credit card payment before offering this service to your customers. Payment gateways are important in case of online shopping and payment. Transaction requests are received by the payment gateway, connected to Visa or MasterCard and then to the card issuing bank or credit card company to see if there are sufficient funds in the card for shopping.

Importance of Mobile Payment Gateway India

With the rise in number of people using their phones to do online shopping, it has become important for companies to have a mobile app that touches financial data. The payment process should run smoothly in the app so that it is easy for customers to buy and pay for the products.
With the help of merchant account for mobile and payment gateway India, it becomes easy for customers to buy products. Majority of buyers have now started using mobile devices rather than computers to go online and browse products. According to a survey, around 41% of smart phone owners use their phones to shop online. It has been estimated that in 2016, there will be 448 million mobile shoppers in the market which is estimated to be worth $617 billion.
With a reliable payment gateway and merchant account for mobiles, e-commerce sites can make sales in an effective manner. Business owners can ensure safe transactions with the help of the right payment gateway and the mobile merchant account.
Benefits of a Mobile Merchant Account and how it Functions
Mobile merchant account can provide quick and efficient solutions to the credit card processing needs of business owners. This account has become quite popular as it accommodates credit card payments, helping companies increase business by 20% or more. When credit card information is entered on the mobile phone, transaction request is routed to the payment gateway that supports SSL. The card request is routed to the company’s merchant account provider.

The gateway ensures that the card is valid even before the transaction is approved or the card is charged. Since smart phones already support SSL and are connected to the internet for online shopping, the online payment gateway India is the main component that completes the transaction.

Benefits of Choosing Online Payment System

If you wish to tap the growing market place on the internet, you need to have an e-commerce website. It should be a website that is not just attractive and has a wide variety of products for customers but it should also offer an effective online payment system to facilitate orders and payments.
Benefits of online payment
By having a well-designed payment system, you will be able to maximize the leads your business gets from the traffic. A simple and hassle-free payment method is a pre-requisite for running a successful e-commerce website.
Through the system, you will be able to centralize all your business payment processes. It will provide you an overview of the generated revenue. The system will also help you determine which payment process is in need for some improvement to offer enhanced customer service.
It is important to choose one of the best payment gateways in India because it will guarantee that your e-commerce website is always up for processing payments from customers. Your customers will be able to make payment from anywhere and at any time. By offering different payment method to them, you will be taking your online business to the next level because some customers prefer using credit cards or debit cards for shopping whereas some prefer netbanking services. So, make sure the payment gateway that you have chosen offers different modes of payment to your customers.

An efficient payment system will also eliminate your worries related to payment issues. Reputed providers offer the services of a dedicated professional in case your system is down. These professionals ensure that the system is up and running quickly because in online business every second counts. You cannot afford to do business with a payment system that is down for hours.

Have You Chosen the Right Online Payment System for Your Business?

With a growing number of people shopping online, it has become important for businesses to have a secure online payment system if they wish to sell their products or services through a website. A system for online payment also known as payment gateway can be used to offer your customers the ability to pay online even if your business is primarily offline.
Remember, speedy and hassle-free payment will not only help you increase profit in your business but also get you satisfied customers. When choosing the right system, it is necessary to understand the needs of your business because different payment processors offer different features. Some are simple and free whereas others are complex and expensive. Your choice should depend on the type of business requirements you have.
You need to consider factors such as ease of use, cost, customers and payment flexibility to make the right choice. Just make sure that you don’t end up paying hidden charges or extra charges for services that you don’t need from the payment system provider.
You also need to determine certain factors like how many transactions you will be expecting to make per month, what you will be selling, is your business local or it will be on an international level and whether or not you will need auto-billing. For instance, if you don’t expect more than 15 transactions in a month, you don’t need to invest in an expensive and sophisticated gateway.
It is also important to know if the system provider will accept credit card online payment, be it VISA or MasterCard. Whether or not you want the customers to make an onsite payment is also an important factor to consider when looking for the right system for online payment for your business.

Get Free Online Payment Gateway India

Creating business online is insufficient today; clients likewise require an answer with which they can make installment effective without stacking money on their wallets or conveying plastic cards all over they go. An Online Payment Gateway renders the most adaptable method for handling deals. From any web gadget like PC, portable computer and versatile you can make monetary exchanges rapidly and safely, without specialized data or the requirement for any equipment.

It is a private site and clients need to open a record in the event that they need to utilize it for handling exchanges. In the wake of opening a record with the private client name and secret word, client can utilize it for doing monetary exchanges. In these sites, merchants enter the majority of the client's huge charge card data. They likewise enter client's name, address, sex, charging location, and basic exchange subtle elements. Every single information is entered in an online structure rapidly, securely and with no blunder. It then verifies the purchaser's data and at exactly that point it finishes the exchange. It ends the exchange, if the exchange does not meet the security rules. If there should arise an occurrence of need, complete examinations are performed.

Obviously, purchasers and in addition sellers require a proof and legitimate record of each exchange. Furthermore, to achieve this, confirmation sends are naturally produced as receipts, indicating and passing every announcement of offer generally as a paper based receipt. This is most crucial piece of the online dealer record administrations. That is way, the site consequently send the mail to the purchaser and also dealer. This is likewise fundamental to keep up a record for future. This is the conspicuous reason that the greater part of the budgetary counsel recommend not to pick the online installment site that does not give email affirmation. Additionally, great online installment gateway administration sends the seller a dynamic however key data of the day's clump (absolute exchanges), offering you with a reasonable and supportive record of record movement.

Acknowledge online installment with no reasonable

Acknowledge Mastercard, Debit card furthermore ACH payments

Lessen paper work

Build deal and enhance client's connection

Giving clients and business secure exchange framework with the backing of with security programming and PCI consistent security.

Enhance administration aptitudes.

Besides, sellers having an online installment gateway likewise have the decision of utilizing a virtual terminal, cell telephone, internet shopping truck, and to get payments gateway India.