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Showing posts from June, 2020

White Label Payment Processing Solution to Benefit Your Business

A business company requires adopting a payment gateway which is efficient and effective for both, the company itself and of course for consumers. There are many payment gateway UK solutions available for business owners. Different methods provide different facilities. People can subscribe to the best option according to requirements, needs, and purposes. Among all solutions, while label payment method is becoming a popular solution. Let us discuss how can this payment gateway benefits business owners as well as their consumers. Basically, the white label payment processing refers to legally placing the company’s name on a product or service. This is developed by a third party company but the label has the name of the brand (company). This type of payment gateway helps people saving their time and money. Anything that is done from scratch requires time and money! The same applies to create a payment gateway for a company (exclusively or separately). With the white label metho

Importance of Payment Gateway in E-Commerce Stores

When you run an E-commerce business, Payment Gateway is indispensable; you can’t complete even a single transaction without it. When you work online, your customer is not in front of you to pay cash, so you need to incorporate a gateway using which they can pay money online. A Payment Gateway in the UK acts as a mediator between E-commerce sites and the payment processors. In the present time, when frauds are consistently on a rise, having this software application helps minimize risk and protects your transaction by encrypting data, verifying addresses and other personal information. How Does a Solid Payment Gateway Work? When your customers pay online for goods and services, the details are sent to the payment processor through the payment gateway. The gateway encrypts the data to keep unwanted threats away from the sensitive card details. Then, the payment processor notifies the card-issuing bank. This bank, after performing fraud screening, approved or rejects the trans

Everything You Need to Know About Payment Gateway

Earlier, payment modes were limited to cash, credit, or debit card, but now numerous payment options are available such as UPI, net banking, wallets, and so on. Online payment is a fundamental feature that any E-Commerce platform can offer by integrating a Payment Gateway UK . Let’s discuss what is a Payment Gateway? A payment gateway is said to be an online tunnel between your merchant account and the customer's bank account. It encrypts customer’s card details to make sure the data is passed on securely to the acquiring bank from customers. Here, are a few reasons why should you integrate a payment gateway into your business? ●      A robust payment gateway encrypts data & mitigates the risk of fraud. ●      It ensures faster transaction processing and reduces some sort of manual work ●      By integrating a payment gateway, you can offer your customers an added convenience as they can make a purchase any time from the comfort of their home With so