Recently we have been assisting several clients in deciphering the world of payment gateways and the inclusion of a third party shopping carts, do they need one or not.
Recently we have been assisting several clients in deciphering the world of payment gateways and the inclusion of a third party shopping carts, do they need one or not. In accordance with the definition found in Wikipedia ” a payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone or IVR service) and the Front End Processor or acquiring bank. When a customer orders a product from a payment gateway-enabled merchant, the payment gateway performs a variety of tasks to process the transaction.” If you have a website and you are selling a product or a service you need a payment gateway.
These are some of the important questions you need to consider when purchasing software requiring credit card processing:
Is the software open to utilizing multiple payment gateways?
Is the software open to utilizing any merchant service provider?
Is there a licensing fee tied to the software system that ties me to specific credit card processors?
If you already have a shopping cart and need a more affordable credit card gateway and/or merchant account give us a call. With TransAct secure credit card payment gateways; your customers can make quick, efficient payments with just the click of a mouse.