When it comes to online stores, there are many factors you need to consider in order to ensure your success. But when you take into account the payment gateway that will process all of your transactions, there’s, even more, to think about. This can seem overwhelming, especially when you begin to consider questions like which payment gateway should I use? and how do I choose the right one? Luckily, we’ve put together this quick guide on how to choose the best payment gateway for your e-commerce enterprise.
Accept Credit Cards
The most popular way of accepting credit cards is through a payment gateway. A payment gateway is a company that provides you with software and hardware so you can process your customer’s card transactions. The two most well-known payment gateways are Stripe and PayPal, but here is some other options Square – Square allows you to accept payments from any device, including your mobile phone. It also features tools for taking orders over the phone and in person, as well as inventory tracking tools and customer service tools. Credit cards are use to play us casinos.
Braintree
Braintree specializes in eCommerce services, making it perfect for those who sell their products on platforms like Amazon or Etsy
Inventory Management
Don’t forget about all the back-end functions like inventory management!
Contactless Payments
The latest trend in payment technology is Contactless Payments. This means that you can use your phone or credit card terminal to process transactions. Contactless Payments are often used for small transactions, such as a coffee on the go because they are quick and easy. If you’re just starting out with an e-commerce business, we recommend using a service like PayPal because they have strong brand recognition among consumers, which means they’ll be more likely to trust you as a new online store owner. This payment system is used casino games australia.
Affiliate Programs
As an e-commerce business owner, you’ll want to make sure that you’re taking advantage of all of your available resources. A good way to do this is by signing up with affiliate programs. They provide a great way for you to promote other people’s products and services without having to invest in inventory or customer service. For example, one very popular program is Amazon Associates which allows businesses to earn money every time a customer clicks through their site and makes a purchase on Amazon.
Alternative Checkout Forms (Apple Pay, Samsung Pay, etc.)
There are plenty of other payment options available, and it’s best to have more than one. The more payment options you offer, the more ways your customers will be able to buy from you. Apple Pay and Samsung Pay are a few new forms of mobile payments that can be used on smartphones.
Protect Against Fraud
Fraud can be a huge issue with electronic payments, and you’ll want to do everything in your power to keep it from happening. While there’s no way to completely remove fraud from your payment processing options, there are ways you can reduce the risk of it occurring.
Acquire Customers in New Ways
One of the best ways to generate new customers is by looking at your current customer base. Often, you’ll have a few customers who are buying from you on a regular basis. These are people who have already shown an interest in your product and may be ready to buy more. Reaching out and offering them some kind of discount (free shipping, coupon codes, etc.) can be an easy way to increase your revenue stream.
