Trends have changed quite a bit in the last
few years from window-shopping to online gazing around of websites. Thus the
business patterns, their work culture and payment methods have also taken a
different road altogether. One such process comprises of the online payment
method and the gateway you choose for letting your customers pay.
Smartest
Way to Pay using Payment Gateway
It is a merchant service provided by an
e-commerce application service provider that authorises credit cards or direct payments
for E- businesses, online retailers, etc. It facilitates a transaction by
transfer of information between a portal and the front-end processor.
Advantages
of Payment Gateway
1.
Fraud Protection is no more at risks: Unauthorised
transactions are not allowed in these circumstances. It is completely taken
care that the details you enter are encrypted.
2. Personal data protection
of your precious clients – For sure, clients comprise a significant part of
every business. Losing any single of them can lead to a setback for the
organization. Thus special attention is given to the personal data provided by
them
3. Multicurrency payment – Use of multi-currency payments from various banks increase the
customer satisfaction as well as retention.
4. Smoother Payments with
less trouble – A smoother and a hassle free process
helps you in retaining your clients. Also it is easier for your management to
track
5.
Additional costs involved are cheaper- Various
payment gateways provide different schemes and lucrative plans to attract more
organizations to choose from the lot.
6.
Quick Refunds- In case of any accidental
transfer, quick refunds are a great boon for your organization as it helps in
trust building of your clients.
Payment gateways also provide tools to
automatically screen orders for fraud and calculate tax in real time prior to
the authorization request being sent to the processor. Tools to detect fraud
include geo locations, velocity pattern analysis, delivery address
verification, computer finger printing technology etc.
So don’t wait, take a step forward in your
business and its payments with Payment Asia’s best gateway services and online
payment solutions.
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