Payment gateway helps to process the money from customers account to merchants account. But, how to find the best payment gateway for ecommerce business that can provides uninterrupted online transaction at low cost, see below the points to consider.
Transaction Fees: Payment gateway providers charge certain amount of fees on each transaction. High charges will affect your bottom line margins hence check about such charges before you choose a payment gateway to carry out such transactions.
Currencies & Countries Supported: Catering people globally is the new trend among the online marketers. People can order products from anywhere and pay money in their currency. Hence, a payment gateway with multiple currency option helps to serve unlimited customers.
List of Products You Sell: There are many products not supported by many payment gateway service providers. Payment gateway for tech support may be not support ecommerce business because of certain types of products that comes in high risk category.
Multiple Payment Options: Customers may use credit card, debit card or net banking to make payments online. And each customer not use same mode of payments, hence check the multiple payments and credit supported payment options to accept money worldwide.
Customer Support: The payment gateway for ecommerce or payment gateway for tech support
business works through internet services. And any kind of technical issue can affect the payment processing or can fail the whole transactions. Customers facing such issues need immediate online support to help them and solve such issues with round-the-clock customer service for end-users.