1. Whether you need a payment gateway with regular fees
Digital products are often sold through subscriptions. For example, processing credit card payments online some artists sell memberships that allow access to proprietary content, such as songs, videos, and books.
Even if you do not sell subscription-based products now, it is possible that we may want to keep this technical possibility open for businesses to decide later. In the fast-moving world of electronic information commerce, the more options you have to choose from, the better.
2. Security of the payment gateway
If your customer can think that his information is not secure on your site, they will not buy from you themselves.
Please obtain a payment gateway that complies with the current standards of network security management in our country. In order to comply with industry standards for the development of payment processing methods, payment gateways must be PCI compliant.
This indicates that the software complies with current national security technology standards for encryption and transmission of customer-provided data. Look for the PCI service provider level on the gateway's compliance page.
3. Focus on risk control and anti-fraud
Use machine learning to stop fraudulent purchases. Whether you choose a gateway with fraud insurance, a gateway with machine learning algorithms, make sure you protect covered digital products before registering.
4. Analytics will help you earn more money
Choose a payment gateway with reporting capabilities to help you identify popular products, high-spending customers, and other relevant sales data.
By identifying popular products through analytics, you can learn to devote more information resources to managing some promotions through online social media advertising companies.
Why do online credit card transactions fail?
Payments that are rejected by card issuers are one of three potential causes of credit card failure. blocked transactions. Invalid API calls.
Can I get a PayPal payment with a credit card?
You must create a PayPal Business account, download the PayPal Here app, and purchase a PayPal card reader in order to take credit and debit card payments through PayPal. You may close your account at any moment without incurring any fees because there is no long-term contract.
How can I ask someone for a credit card payment?
You require a point-of-sale (POS) system with a card reader or a credit card terminal that can process transactions on its own in order to take credit card payments in a retail venue, such as a restaurant or store.