Choosing the right Payment Gateway is more than important for any business. If you are not focusing on it, then now is the time.
As we all are aware of the fact that, bringing in Sales is the most crucial part for any business, but it is equally important for you to choose the appropriate method for accepting payments. You have to think about your customers, because if they don’t find your payment method to be complex, without even given it a second thought, they would simply abandon your cart and cost your sales chart.
Basically, payment gateways are web-based programs that are designed to accept as well as process payments, for example debit and credit cards. If you have eCommerce website, it is becomes essential for you to have payment gateways.
- PayPal: When it comes to processing of payments, PayPal is the most trustworthy company one can ask for. They are offer many gateway solutions, but few of them are really basic and also use redirection gateway method in order to fulfill customer’s payments.
- Braintree: This can be your preferred solution, if you are willing to offer free subscriptions or even a free option. Importantly, it is a PayPal company, so trustworthiness comes naturally.
- Stripe: This is a very rapidly growing payment gateway, which handles recurring payments very well and also makes the refunding process automatic. More importantly, it processes all the leading credit as well as debit cards. With Apple Pay support, it makes it even easier for the customers to fulfill their required payment. Stripe also comes with zero cost monthly fees.