Uncategorized - 13 Oct 2020
What is a Payment Gateway, and How Can You Integrate it On Your Website?
Do you have an eCommerce website? Does your website need to process day to day transactions? If yes, then payment gateway integration is an essential part of the website. If you do not already know about payment gateway integration, then we are her to help. In this article, we are going to discuss payment gateways and how you can integrate them into your website. Let’s get started.
What is a payment gateway, and what does it do?
A payment gateway is a software app that processes credit cards on online stores. Its main purpose is to transfer the information between the website or mobile app and payment processors like banks, and vice versa. Payment gateways ensure that online transactions are secure and easy between the retailer and the customer. So, if you have decided to take payments on your website, then adding a payment gateway is the ideal option for smooth transactions. A payment gateway encrypts all sensitive information so that you will not be vulnerable to any fraud activity when processing transactions.
How to choose the right gateway for your eCommerce website?
When considering payment gateways, the choice lies between integrated and hosted payment gateways. The main difference between these two payment gateways is that the integrated payment gateway allows users to establish a connection through an API and pay directly on the website. While hosted gateways process transactions on the payment processor’s platform. PayPal is the best example of a hosted gateway. To make the right choice for your payment gateway, you need to analyze which eCommerce platform you are using. On that basis, you can choose which gateway is compatible with your website.
How to incorporate a payment gateway on your website?
To incorporate a payment gateway, you need to first choose a gateway that is compatible with your website. Then you need to secure your website with an SSL certificate. An SSL certificate is necessary for hosted gateways, as it provides a layer of security to encrypt your transactions. To integrate your website with the payment gateway, there will be a need for several components, such as software module, merchant id, MWS access key, and the confidential key to make the payment process function. You must use custom payment options that will ensure your transactions are safe and convenient for your users.
When you integrate a payment gateway with your website and eliminate the need for physical payment processing, you enable your business to accelerate sales and growth. Choose the right solution for your website and take your business to the next level.