Blog Directory Collecting Payments and Identifying a PSP | Payment Asia Reviews

Collecting Payments and Identifying a PSP

Tuesday, March 22, 2016



Business is booming in the present day due to online transactions. The internet is the universal marketplace. A business can be conducted just by a website. There is no need for a brick and mortar place which means that recurring overheads like rent and electricity is eliminated.
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"times new roman" , "serif"; font-size: 12.0pt;">You can purchase items by browsing the website and payment is done usually through a credit card. The transaction is facilitated by a payment service provider (PSP). Payment processing services offered by a PSP typically include accepting the electronic transaction and through a payment gateway facilitate the transaction between the two banks (payer and payee). The PSP offers full guarantee against any risk particularly when it comes to international transactions.

   
If you have decided to become an entrepreneur and have a few products to sell then internet marketing is the way to go. You can create a website and display your products. To sell your products on your website here is a list of some trusted PSPs.

o   Amazon payments
o   Payment Asia
o   Google Wallet
o   PayPal
o   WePay
o   Serve by American Express

As an example PayPal has become one of the largest online payment asia reviews system providers. They have several products that cater to different kinds of businesses. If you are selling a few items like e-books or handcrafted stuff then PayPal can assist you in the following manner
o   With a free setup, a PayPal account will suffice to receive payments.
o   PayPal charges a small transaction fee plus a percentage of the sale.
o   Customers can pay by credit card or their own PayPal account or via bank transfer.
o   You can send online invoices through the PayPal account at no extra cost.
o   You can have a recurring subscription based item and customers can pay via PayPal recurring payment.
o   You can use the feature of Add to Cart or Buy Now button that will give a professional look to your website.


 Payment Asia is renowned e-payment solution provider and e-business Management Company in Southeast Asia region in Hong Kong. Payment Asia offers secure and fast online payment solutions worldwide. You can also check the payment Asia reviews of different product for getting the best service.

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