ECOMMERCE PAYMENT GATEWAY IDEAL FOR ECOMMERCE BUSINESSES - PowerPoint PPT Presentation

About This Presentation
Title:

ECOMMERCE PAYMENT GATEWAY IDEAL FOR ECOMMERCE BUSINESSES

Description:

If you have selected to begin an eCommerce business you’ll have to get an eCommerce payment gateway. But you can not move on if you don’t understand eCommerce payments and eCommerce payment gateways. Read the article to know the eCommerce payment gateway and how eCommerce payments work? – PowerPoint PPT presentation

Number of Views:4
Slides: 8
Provided by: webpays1
Category: Other

less

Transcript and Presenter's Notes

Title: ECOMMERCE PAYMENT GATEWAY IDEAL FOR ECOMMERCE BUSINESSES


1
eCommerce Payment Gateway Ideal for eCommerce
Businesses
  • WebPays.com

2
eCommerce Payment Gateway
  • An eCommerce payment gateway is a service that
    permits you to process credit card payments for
    eCommerce businesses, there are multiple options
    for payment gateways. But they best convey a few
    extra features and there are some factors to look
    for.
  • Data Encryption. As all the gateways deliver some
    level of encryption. It is essential to sponsor a
    payment gateway with a powerful track history.
    Most businesses are operating online. So hackers
    attempt to interpret the data is transferring.
  • Tax Calculation. If you are preparing to sell to
    customers outside your state. Taxes will be
    different, let your payment gateway provider
    manage those estimates.

3
What is the process of eCommerce Payments?
  • When a customer buys anything online, they pay
    online. That payment must obey these steps before
    the merchant accepts the payment. Let us explore
    some steps
  • Checkout. At first, the customer undergoes the
    checkout process. Then enter the payment
    information
  • Transmitting information. Their credit card or
    any other payment information is acquired by a
    secured payment gateway and it is then encrypted
    and transmitted to the payment processor.
  • Issuing bank authorization. If you are operating
    a credit card the payment processor authorizes
    the issuing bank and also if the transaction is
    fair.

4
What is the role of Payment Gateway in an
eCommerce business?
  • An eCommerce payment gateway is an intermediary
    in a transaction and it handles most steps of the
    payment process. It also contains analysis and
    the transmission of transaction data then
    permitting the transfer of funds between a
    customer and dealer.
  • It also ensures that dealers dont regard
    sufferers of fraudulent sales by communicating
    with banks to assure transactions are fair. Data
    encryption counts as an additional layer of
    security on the customers end.
  • Let us analyze the best payment gateway for an
    eCommerce website.

5
B2B Payment Services
  • For B2-B eCommerce businesses there are identical
    kinds of payment systems. But they contain some
    additional features as given below.
  • Creditworthiness examining. B2B sales have a
    much-increased value. So they mustnt fall into
    the same and the best B2B payment systems review
    a buyers creditworthiness to assure they can
    pay.
  • Escrow Service. Escrow functions by temporarily
    storing money by a third party until a
    transaction is finished.
  • Integrated reports. Reporting is necessary for
    all businesses but more for B2B businesses. In
    B2B, transactions take a long time and have a
    higher value.

6
Conclusion
  • We at WebPays will provide you with the best
    eCommerce payment gateway services for your
    eCommerce Business. Feel free to contact us and
    drop us a mail. We are glad to help you.

7
  • ThankYou
Write a Comment
User Comments (0)
About PowerShow.com