Selecting a payment gateway is a personal decision. But, how can people know the payment gateway that fits their needs? They need to consider a few things.
The first is where they wish to collect payments? Do they have a website? Do they want to redirect their customers for paying to another website? Do they prefer a pop up on their website?
Regardless of the option they take, they must ensure a smooth and un-disruptive check-out for buyers.
• Integration for a website
What is the platform that people's websites or online stores are based on? Websites can be built on several platforms. The payment solution they choose should integrate with their platform and facilitate a smooth check-out experience.
• Installation Fees
Online payment providers charge different installation fees. Some charge a first-time amount for integrating with a website. Some charge an annual maintenance amount.
• Pricing
The pricing models of online payment gateway service providers differ. Some charge monthly, some charge on transactions, and some charge annually.
A provider taking recurring charges monthly or annually may become a constant pain. An excellent way to go is a platform offering flat pricing with no hidden costs.
• Paperwork for Account Setup
Some providers might ask for business documents and several other such papers for an account. Businesses keen on starting selling right away should opt for a payment platform with minimum onboarding requirements.
• Pay-outs
Online payment gateways are for getting payments instantly.
Therefore, businesses that are opting for Internet Payment Gateway should know when and how they’ll receive their payments.
What is the frequency at which a payment platform sends money to their account? It's essential as no business would like to run out of funds.
How Secure is an Online Payment Provider?
Businesses should ensure that their payment platform conforms to the "bank-grade" security level and deliver a protected encrypted setting for payments. Data breaches are common and thus need a reliable payment provider for powering business and payments.
What makes Grezpay the right choice?
Grezpay offers an inventive dashboard that allows complete control of payment reports. People can access real-time data to manage their settlement reports on the dashboard. They can access a real-time report of failed, successful, and incomplete payment options.
The provider offers inventive real-time statistics that present a 360-degree sight of business performance. Businesses armed with these statistics can maximize their potential.
Businesses need not worry about refunds. The Grezpay dashboard furnishes an easy process for businesses to refund payments. Companies can manage all their refund, reporting, and payments on one platform.
Businesses need not worry about delayed late pay-outs. Why? Grezpay furnishes a fast pay-out procedure for some category’s merchants. They can resolve the money with SDFS. They will get their money in their account the next day and thus manage their orders without apprehensions.
Grezpay accepts International cards. Businesses can get payments from home and international clients on one platform.