The subsequent ARTICLE provides brief information about an industry offering Secure Online Payment Solution for all clients.
Today, the country is shifting towards a cashless economy by choosing digital modes of payments. However, online startups are still not able to cope up with the security of the transactions when it comes to online currency transfers. From money transfer to making online payments, payment gateways are enthralling safe and secure transactions across the world.
From the beginning to start the business, choosing the most appropriate online payment gateway is the top concern that any business requires for the flow of cash. The concern to the same is the payment gateway. Are you wondering about what a payment gateway is what are its advantages and how it works?
A payment gateway is simply a sort of merchant service accommodated by an e-merchant application service provider whose main task is to authorize credit card or the direct payments processing for e-business.
It is the most suitable and simplest way for a business to collect online payments from their application. Today, online payments have become an integral part of our lives in no time. People are transacting online not only through debit or credit cards but also through numerous other transacting modes like UPI, net banking etc.
Advantages of online payment gateway:
1. Advanced and equipped online payment gateway features
2. Operational efficiencies
3. 24/7 activation of online transactions
4. Easy checkouts with new building features
Now, the wait is over, and below are the steps depicting how a typical online payment gateway actually works.
1. A client places his order and then simply clicks the checkout button to submit on the website.
2. After this, the payment gateway considers the client to the payment gateway where the most relevant information they are using to pay.
3. Once the online payment gateway comes into considerations for approval, the bank then checks out the sufficient balance in the client’s bank account to make the transaction successful.
4. Accordingly, the payment gateway simply sends a short span of the message to the merchant. If the response is ‘no’, then the merchant subsequently sends an error message to the client. Simultaneously, if the answer is ‘yes’ then the merchant seeks the transaction from the perspective bank.
5. At last, the banks settle out entire money with the payment gateway, which in respect turns the money with the merchant subsequently.
6. After it all, the transaction is processed; the client gets a confirmation message for the same of the order that is being placed.
Yet, all clear. Now it is time to connect with the top leading payment gateway company. So, choose surepay88 to collect payments in the most secure way. We are one of the biggest Secure Online Payment Solution Company as nearly around 85 percent of the world’s commerce merchants avail our services. In addition, we ease the easy processing of payment to cope up with any arising security issue.
Want to pay faster with just a click way? Choose surepay88 and ease easy accessibility over the web. Maximize your value with easy integration of Online Banking Payment. Go live and experience future payments with full flexibility.