Top-most Ecommerce Payment Gateways You Should Know
Online buyers fear victimising fraud when it comes to linking their bank account details or attach their credit card information with any eCommerce website. Around 70% of buyers prefer the COD (cash on delivery) option instead of linking their account details.
It shows eCommerce websites should have secure payment gateways. They should focus more on payment and checkout functions besides the Shopify Developer India that help you stand on the top.
Ecommerce payment gateways are finally listed below that you can activate into your eCommerce store and ensure safe payment procedures.
PayPal is the most preferred choice for the Magento store. It is considered the top-most payment gateway. Moreover, it has around 22 million active PayPal merchant accounts. There have been more than 286 million active PayPal accounts that clearly signify the popularity. Its rich features and easy-to-activate functionality have helped many online businesses to collect funds and buyers to attach their information with a safe network. PayPal is supporting more than 100 currencies and is available in more than 200 markets. The users can simply pay through a PayPal account or by using a credit card. The user’s email ID is used to exchange the money. It has the latest and secure features that entice users to connect and make transactions with PayPal.
Shopify has its own payment gateway that users can leverage. The website owner has to charge a 2.2% transaction fee for activating this feature but if you have already developed a website using Shopify, you need not charge for the gateway, which bisects the transaction charge.
Activating the Shopify payment gateway is simple and speedy. You just need to fill up the required information and it is all set to proceed. It is essential to consider that the prices may vary depending upon the plan you select for your Shopify store.
Payment could take around 3 days to accomplish. The in-built Shopify payment has better integration to your online store’s backend with lower transaction rates.
There will remain built-in risk tools to detect any suspicious orders with Shopify payment. Handling various orders, accomplishing secure transactions, and maintaining payouts can easily proceed with Shopify’s payment gateways.
For website owners who have a WooCommerce store, integrating the Stripe payment gateway is a perfect idea. There will require an SSL certificate for data encryption. Stripe is an online service that accepts credit card payments. The encrypted data is exchanged between the band and server to overcome caching such confidential information. Customers will not be back to any external payment page by using Stripe. This payment gateway supports more than 135 currencies and is available in 26 countries.
After considering the above payment gateway options, you will have enough scope for your eCommerce store. Activating any of the above-defined payment gateways can ensure secure and hassle-free payment services for each of your customers.
While you activate any payment gateway, make sure your website has the back support of any SEO Company in India for strengthening the rank game.