By seeing the surge in online shopping and payment preferences in our country, it is evident that payment gateways are a significant part of the digital economy. Deciding on an excellent payment gateway in India is one of the necessary things you must do when designing a plan for your online business. Go through this post to find the information you must consider while opting for the best payment gateway in India.
Methods that Help in Finding the Best Payment Gateway in India
Business Validation Approach
Would you like to complete a lengthy form to accept payments? Or would you like to receive payments directly and then come again to finish the authentication at a later phase? The second option seems better.
A payment gateway that allows you to focus on your business development while you finish the document authentication procedure is always chosen. You should prefer the one with a simple documentation facility.
Faster Integration
Do you wish to appoint a developer for payment gateway integration with your website? Or do you like to work on it yourself with no coding requirements?
A payment gateway must be fast to integrate. But there are just a few gateways present in India that offer you such a platform. It should be able to support both types of devices i.e., website and mobile. It should also involve plugin support for 3rd party e-commerce interfaces and shopping carts.
Safety
Being unsuccessful at gaining the trust of your steadfast customers because of hacking of the confidential card information? This is the most dangerous thing that can occur to your business.
With the revolution in technology, thankfully there is a control on the growth of cybercrimes and fraudulent transactions. Ask and verify how the payment gateway safeguards you from hacking and fraud. A few security methods include:
- 128-bit SSL encoding.
- Tokenization.
- Highly developed Encryption Standard.
- Strict compliance with PCI-DSS or Payment Card Industry Data Security Standard.
Pricing and Cost
When you sell and make money online, do you like to allocate a reasonable sum of your income with a third-party provider? Or, do you wish to pay for the hidden costs?
Of course, not. Search for a payment gateway in India with reasonable rates with no yearly maintenance costs and setup charges. Additionally, stay vigilant about conspiracies. These might have hidden fees you possibly did not consider, like- cancellation costs or expenses on not transacting the lowest account each month!
Multiple Payment Choices
What about giving an option to your customers to disburse by their chosen payment method?
It is perfect to go with a payment gateway that gives many methods for making payments. Credit or debit cards, internet banking, wallet, and UPI should be present by default. This makes it simple for your customer to have an alternative payment method if they cannot finish the transaction by employing a single option. EMI and global cards will also assist you in growing your client base and increasing your sales in the long term!
User-responsive Transaction Management
What about an interface where you can verify your transaction status? Where can you check your transaction history and get quick alerts?
So, this will help you with a good experience when you verify your transactions, in the long-term, assisting you to save your efforts and time. In addition, the best news is that these payment gateways still exist! Therefore, you should search for a gateway that is a one-stop place and furnishes all linked to digital business.
Client Support
What if you get trapped when using your online payment gateway? Or get some technical problems that do not have any solutions on the internet?
Regardless of all these facilities, the most imperative thing you need to look for in the best payment gateway is the type of client support they give. Both process and tech inquiries should be handled as soon as feasible. Thus, your business is not affected at all!
Alternative Tools & Services
Search for a payment gateway that can be employed on third-party interfaces with plugins provides you with the ability to receive payments with only payment links or the one you check even before integrating with! Select the one with these extra benefits that will be helpful for you in the long term.
With all your promotional attempts for your business, it is a great idea to employ an all-in-one payment gateway solution in India. You can go to Nimbbl to get the most satisfactory payment gateway experience and increase your business without much effort!
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