How to complete the online payment gateway integration
You need to collect online payments to run an online business. It is one of the simplest ways to run your online business successfully. The best option is to prepare your company to adapt to online payments because the trend toward switching from conventional payment methods to online payment forms is not going away soon. A payment gateway is crucial if you own a company that accepts payments online.
Online sales cannot be completed without online payments. Such online payment is possible because of the payment gateway. With the help of the payment gateway, the merchant can easily accept credit card payments from the customers. Most customers also make payments using cash or an app on a smartphone. Along with credit cards, some payment gateway can also process ACH(automated clearing house) transactions and cryptocurrency.
Generally, payment gateway charges per transaction or on a monthly bases. Once the payment gateway is selected, the next step is to integrate it into your websites.
Here, in this blog, you will learn how online payment gateway integration occurs.
How to integrate the payment gateway on your e-commerce sites?
Accepting an online payment is not an easy task for any merchant. Almost every enterprise accepts online payments due to the world’s transition to a cashless economy and growing consumer demands.
Merchant from all over the masses is working to improve the flexibility, convenience, and security of the entire online shopping experience, from marketing and product promotion to payments.
For the merchant, integration of the payment gateways poland plays a crucial role in ensuring the security of online transactions and the satisfaction of customers. A payment gateway is the latest technology that allows the merchant to accept online payments. You can say that it acts as a bridge between a payment provider and merchant websites.
Here, we will check the whole process in two parts –
Part1: Choosing the payment gateway –
Step1: What the gateway does –
The payment gateway processes the customer’s credit card information by transferring the information to the gateway’s web server, which then completes the transaction and returns the confirmation to the website.
Step2: Check your websites control panel –
The website host or your e-commerce site software provider offers payment gateway services that are compatible with your sites and can quickly implement on your sites. To check the payment gateway services, you must go to the website’s control panel or the admin page.
Step3: Choose the best options –
Nowadays, you can find lots of different payment gateways. It is pretty confusing to choose the best one. Before start looking, a merchant needs to check which payment gateway your shopping cart software supports. Some of the most popular and widely endorsed gateways are –
Step4: Double check fees and conditions –
Most payment gateway providers generally charge one-time setup, monthly, transaction, etc. So, as a merchant, you need to compare the pricing structure of the payment gateway and choose the best one that meets your business needs.
Step5: Choose between hosted and non-hosted payment gateways –
There are two types of payment gateway available hosted and non-hosted gateways.
Hosted gateways: Hosted gateways are also known as external or redirect gateways. Hosted gateway redirects customers to another site or platform to process the payments. Examples of hosted payment gateway are PayPal and 2Checkout. The main advantage of the hosted payment gateway is that it takes full responsibility for security issues. Also, its setup process is straightforward. The main drawback of the hosted gateway is that it is not preferable in most countries.
Non-hosted gateways: Non-hosted gateways are also known as direct or transparent gateways. Non-hosted gateways use an application programming interface(API)to connect the business to the payment gateways. Here, customers can directly make the payment through websites. While making the payment, the customer does not have to redirect to another page.
The main advantage of this gateway is providing a pleasant payment process experience to the customers as they don’t have to shift to another page. This type of gateway is also mobile-friendly. The main disadvantage of using this gateway is that a significant percentage of the security is your website’s responsibility. You can be the subject of an audit if your website has a breach. Additionally, your store architecture might need to be modified to support some of the functionality the gateway provider offers.
We recommend you go with the non-hosted gateways, as it is more trustable.
Step6: Having a merchant account –
To accept online payment, having a merchant account is essential. The merchant account is linked with the payment gateways. In the merchant account, you will receive the customers’ funds. Generally, for the merchant account, you have to pay per transaction.
Step7: Sign up for the payment gateways ?
Once you sign up for your gateway, you will get the vital information you need to share with your online store software. This critical information includes login name and password or ID and an authorization file.
Part 2: Integrating the payment gateway into websites
Step1: Setup your online site –
Most merchants use third-party software to create a website for their customers. This software includes the ordering page and the code for transferring the payment information to the gateways. Creating this code is one of the most challenging works, so it is better to leave this work to professionals.
Step2: Add payment methods –
Every service provider has its process for integrating payment methods. To accept the payment method you intend, you must enter your payment gateway information each time. Your payment gateway will determine which cards (Visa, MasterCard, American Express, etc.) you will be accepted. Merchant can easily do it from their control panel or administration page.
Step3: Test the gateways –
Every payment gateway service provider offers a test or sandbox. Merchant can efficiently perform patch tests or fake transactions to check whether the payment process is working correctly or not. You must take this test before making your website online as a merchant. This service also varies from one service provider to another.
Deal with instantcharge
As you know, lots of service provider is available. But choosing the right one is quite challenging for any merchant. Here, we recommend you go with the instantcharge.
Instantcharge is one of the most popular payment service providers, offering customers many benefits. It offers various payment methods, more than 100+. We, as instantcharge, maintain an excellent and professional relationship with most of the acquiring banks, so we also help you to open merchant accounts. Making a deal with the instantcharge help you to grow your business. Its services are available all over the world.
We also offer our merchants local and global payment options to expand their business and reach a higher conversion rate for their international online businesses.
Final thoughts –
Finally, now you know how to choose the best payment gateway for your online business and have a basic knowledge of how to integrate the payment gateway on your websites.
Choosing the right payment gateway is quite challenging but keeping some points in your mind helps you to select the best one. We recommend you choose the instantcharge as your payment service provider.
It is one of the best payment service providers poland all over the world. With instantcharge, you can get the best possible solution for your online business. Its integration process is also straightforward.
You can contact our expert team to know more about the instantcharge and its integration process.