How to choose the right method and service for online payment on the website

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subornaakter24
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Joined: Thu Jan 02, 2025 7:21 am

How to choose the right method and service for online payment on the website

Post by subornaakter24 »

Here are listed large, long-established and reliable services on the market. You can establish mutually beneficial cooperation with any of them.

Here is a list of some criteria that are important when choosing:

Choose the one that has a ready-made developed solution suitable for your CMS.

Pay attention to the size of the commission payments, they are not the same everywhere.

The level of security for payment data and leads for commercial real estate competent technical support during the work process are important.

Determine the circle of your potential clients, outline the region of your activity. Based on this, sales and the choice of service for making payments will be made.

Choose payment options that are right for your customers. If most of them are housewives, they probably won't be able to pay with bitcoins.

If you need to arrange installments, return money, or make recurring payments during your work, choose a service that allows such operations.

Study and compare rates thoroughly. Often, online payment on a site without a commission (or a very small amount of it) can mean the presence of other rather impressive expenses in the process of work.

Quite often, some complications may arise in the process of cooperation with online payment services.

Most often, failures are caused by technical problems. Here, of course, it matters how stable the server itself and the communication channel used are. The Service Level Agreement (SLA) is considered a guarantee of high performance and reliability, so it is best to cooperate with gateways or aggregators that work by concluding this type of agreement.

The Mediascope company conducted special research, which resulted in the following data: 82.8% of survey participants pay for purchases with a bank card; 66.3% pay through electronic wallets, and only 8.6% of respondents prefer contactless payment.
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