Which payment gateway you should choose depends on the type of business you run. During an online transaction/buying, your consumers prefer to rely on a quick and secure checkout process. As per studies, it decreases card abandonment, helps sales encouragement, and gives multiple other benefits.
Whether you are a merchant or customer using any payment mode for your ecommerce business/ purchasing, you might be looking out for certain measures. These are some general points/ features you should be looking for in any ecommerce payment gateway. After reading the following points, you will see how payment gateway works in ecommerce.
The most crucial factor to consider when making an online purchase is security. It is normal to be concerned about security when the consumer divulges sensitive information. It’s important to keep security in mind while making online purchases of goods and services.
Due to regulations and standards set by the government and Central Bank of UAE, internet payments are secure. PCI-DSS is a set of operational and technological standards for accepting and processing online payments. Companies that process payments and adhere to PCI-DSS requirements guarantee that all client information is secure while in transit.
In the current digital era, it is important to adapt to the new trend of letting customers choose the payment mode they want. There are multiple different methods of payment like debit, credit, digital wallet, UPI, etc. Your e-commerce website should contain all these payment options as it decreases the rate of cart abandonment. If your website does not contain any such payment option preferred by the customer, that will make them move to a different ecommerce platform.
As you concentrate on enhancing the browsing experience and payment procedure, the Checkout page or shopping cart page is equally important. When developing this page, there are a number of factors to keep in mind. The consumer should receive clear directions on how to continue from you. It would be great if only the bare minimum of information is required on the checkout page to streamline the process. There must be easy access to payment alternatives, product and payment information, and the checkout page itself.
