How to Integrate Payment Gateway in your Website??

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• How to Integrate Payment Gateway in your
  Website??

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• Ecommerce businesses share a common top priority
  i.e. to safeguard their customers interests while
  providing them with an easy-to-use payment
  system. This is precisely why the vendor you
  choose must meet both your company's and your
  consumers' needs. Over 21 of customers depart
  websites with a lengthy checkout process, and 17
  abandoned websites that are not secure.
• Therefore, integrating a payment gateway into
  your store will increase the security of your
  site while also improving the user experience. In
  this article, we will discuss how payment gateway
  integration is done in a website and how it works
  along with the types and costs of payment
  processor.

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Everything you should know about Payment Gateways

• Similar to what the term suggests, payment
  gateways offer customers a convenient method to
  checkout with their items at ecommerce stores.
  During the payment process, data is encrypted to
  ensure security and some companies immediately
  add tax if they suspect fraud. Payment gateways
  operate in the following manner
• A customer places an order by entering their bank
  card information and clicking "pay now".
• The customer's web browser uses a secure socket
  layer (SSL) to encrypt the debit/credit card
  information for security reasons.
• Payment gateways receive information from the
  merchant using SSL.
• Payment gateways forward the information to the
  relevant payment processor.
• A banking card association will then receive this
  information sent via the payment

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• 6. Any responses received will be carried forward
  by these processors to the payment gateway.
• 7. Using the payment gateway, both the customer
  and the business will receive the response and
  know if the transaction is approved or not.
• 8. The merchant submits all approvals to the bank
  card company in the batch form later.
• 9. The credit card company transmits all accepted
  credit card transactions to the merchant.
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Simple Ways To Integrate A Payment Gateway On
Your Ecommerce Platform

• Choosing a Payment Gateway
• The first step would be to select a payment
  gateway out of the several alternatives
  available. The customer's bank card information
  is processed by sending it to the payment
  gateway's web server, which completes the
  transaction and delivers the confirmation back to
  the website. This is precisely why it's important
  for people and businesses to elect a payment
  gateway that meets their requirements
  conveniently.
• Consult your web host
• Payment gateway services may be available from
  your web host or online store software supplier,
  which you can rapidly integrate into your suite.
  Visit the admin page on your ecommerce store to
  see if any other payment gateway options are
  present. You can also go through the sites
  control panel for the same.

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• Take the pricing structure into consideration
• Regardless of what sort of payment gateways you
  wish to incorporate, these software will
  generally cost you a one-time fee or a monthly
  subscription charge. A few payment gateways even
  include small fees for varied transactions in
  their pricing structure. Compare prices to locate
  the service that best suits your requirements.
• Choose between an external gateway and a direct
  gateway
• External gateways (also known as "redirects")
  direct your clients to a different website to
  complete the transaction. Direct gateways
  (sometimes known as "transparent") handle
  transactions within your store, allowing
  customers to remain on your site.

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• Apply for a merchant account
• Without possessing a merchant account, e-commerce
  businesses cannot receive payment transactions
  from people shopping on their platform. A
  merchant account enables you to link a payment
  gateway alternative and receive payment
  transactions simultaneously. You'll usually be
  charged per transaction if you have a merchant
  account.
• Create an account
• Post creating an account, you can then exchange
  information regarding payment transactions
  between your payment gateway and your e-commerce
  store accordingly.

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How can Businesses Integrate a Payment Gateway on
their Platform?

• Setup your e-commerce store
• Most internet businesses will establish a webshop
  for their clients using third-party software.
  This program creates the ordering page and all of
  the code for sending payment information to the
  gateway.
• Include payment options.
• The procedure varies for each provider, but in
  general, you'll need to enter your payment
  gateway credentials for each type of payment you
  plan to accept (Visa, Mastercard, etc.).
• Check the gateway's functionality
• Your payment gateway service will usually supply
  you with Test or Sandbox accounts. These allow
  you to make fictitious transactions to confirm
  that the payment system is functioning correctly.
  Before you make it live, remember to check it
  out.

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How do Payment Gateways Safeguard Sensitive
Banking Information?

• A payment gateway's capacity to safely transfer
  funds is a critical feature. Payment gateways
  should ensure that merchants are always paid when
  a purchase is made, reducing the risk of fraud
  and credit risk. To secure payments, payment
  gateways employ some of the following measures
• Security standards (PCI-DSS)
• Banking industries facilitate tons of security
  requirements when it comes to the usage of
  banking cards for expenditure. It ensures the
  security of payment solutions by requiring
  businesses to install firewalls on their internal
  networks, encrypt cardholder data, and prohibit
  cardholder data storage on discs or paper.
• Encrypting data
• Payment gateways primarily utilize data
  encryption to protect payments. Customers' card
  information is encrypted using a public key,
  which can only decode with the private payment
  gateway.

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Authentication

• A double verification sort of authentication
  mode has been quite common since the past few
  years where users generally receive a text on
  their contact number or email. You have to follow
  the formalities to validate yourself accordingly.
  
• In the next section, we will focus on the types
  of Payment Gateway, such as PayPal express, and
  the cost of payment gateway integration.
• Payment
  Gateway Types and Costs
• Payment gateways are divided into two categories
  hosted and non-hosted. After pressing the
  purchase button on a hosted payment gateway, the
  customer is taken to the payment service
  provider's page. For instance, lets take a look
  at PayPal Expresss payment gateway software.

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• With PayPal Express, e-commerce businesses are
  able to receive payments through credit cards or
  via the customers PayPal account. Customers, on
  checking out, are simply directed to PayPals
  official website to proceed with their payment
  formalities and then checkout securely. Such
  convenience can contribute directly to a boost in
  sales for e-commerce businesses.
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  Revolution
• Non-hosted payment gateways, on the other hand,
  require shoppers to input their banking
  credentials while checking out, on the e-commerce
  platform itself. Keeping this in mind, lets take
  a look at a few popular service providers that
  are doing great these days

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• Non-hosted payment gateways, on the other hand,
  require shoppers to input their banking
  credentials while checking out, on the e-commerce
  platform itself. Keeping this in mind, lets take
  a look at a few popular service providers that
  are doing great these days

Non-Hosted Payment Gateways

• Authorize.net
• BrainTree
• PayPal Pro
• PayU

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Hosted Payment Gateways

• PayPal
• Amazon Pay
• Stripe
• SagePay

The expense incurred by business owners to
support online payment processing through the
chosen payment gateway on their website or app is
known as payment gateway costs or fees. It is
usually calculated as a percentage of the
transaction value and varies depending on the
consumers' preferred payment method and the risk
level involved.
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Your total revenue determines the total cost of
employing a payment gateway. However, keep in
mind that transaction fees range from 2.9 percent
to 3.5 percent, plus an additional 0,30 for each
transaction.
Bottom Line

• There are numerous payment options available.
  When deciding how to construct a payment gateway
  integration for a website, there's no need to
  recreate the wheel. You have the option of using
  both hosted and non-hosted gateways and locating
  ready-to-integrate components for your website.
  If you want to be more creative and integrate
  payment into a website that stands out from the
  crowd, design your own.
• While several payment gateways will cost you a
  monthly usage fee, there are a few payment
  services for ecommerce platforms that charge
  users per transaction. Depending on whom you
  partner with, some companies can be more flexible
  compared to others.
• For a better understanding on integrating the
  Payment Gateway, you can contact us!

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CONTACT US

• Company Name Zenesys Technosys Pvt. Ltd.
• Address 2591 Dallas Parkway, Suite 300 Frisco,
  Texas 75034
• Email info_at_zenesys.com
• Phone [phone]
• Website www.zenesys.com