PayCly Blog

International Payment Gateway Vietnam to Assist Merchant with the Financial Aspect of the Business

Vietnam is one of the Southeast Asian countries. With the rise of online activity and its increasing visibility in the E-commerce market. It is expected to be worth more than $10 billion by 2022.

And the rise of E-commerce can only be attributed to the 68.72 million active internet users who participate in online activities and use digital payment methods.

With businesses sprouting up all over the world, many people are encouraged to start their own online businesses and earn a living. The main question on everyone's mind, however, is how to make payments online when one is sitting far away from the company to which he is tied.

Online payment making is now easier in Vietnam

People are concerned about how they will be compensated for their efforts. People are often hesitant to make online payments because they are afraid of disclosing their financial information online. When it comes to making or receiving online payments, a lack of knowledge exacerbates the problem.

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Making payments online is an important requirement for home-based business owners and small entrepreneurs. With technological advancements, transferring and receiving funds has become much more flexible over the years.

The method has gained popularity as online shopping, online business, and e-banking have grown in popularity.

We at PayCly enable businesses to manage their payments in a simple and efficient manner. Merchants can use our services to manage their inventory, accelerate the checkout process, accept payments via tablet or smartphone, and so on.

Easy payment gateway provider for merchants in Veitnam

Now, accept and process a wide range of payment types, including credit cards and electronic checks, in a reliable and cost-effective manner. This reduces lost sales while also improving the quality of your site by giving your customers the freedom and flexibility to pay you quickly and conveniently.

Give you real-time credit card authorization results so you can accept or reject orders right away, lowering the risk of fraudulent transactions.

The processing solution should allow you to easily track and manage payment operations from multiple payment types, allowing you to focus on your business rather than managing transactions. As a result, you will be able to process orders received by phone, fax, email, or in person.

It should always keep transaction records so that you can easily search for them and generate transaction reports. Provide payment services for recurring billing. Recurring billing is an important feature that provides added convenience for both the merchant and the customer.

How to avoid mistakes while choosing the best International payment gateway?

  • Never select a Merchant Account Provider that charges an Early Termination Fee. If you agree to an early termination fee, you must pay the processor to close your account, even if they offer poor payment processing, poor customer service, and insufficient technical support.
  • Never select a merchant account provider who charges an application and setup fee. This is a garbage fee that is simply a source of revenue for the provider.
  • Never select a merchant account provider who charges an installation or programming fee. This is yet another garbage fee.
  • Avoid annual and monthly minimum fees.
  • Make certain that your payment solution is PCI compliant. Your merchant account provider should be able to provide you with written confirmation that their solution is on the official PCI Compliance Lists of MasterCard and Visa.
  • Be wary of hidden costs. All fees should be disclosed in writing by your merchant account provider. If you do not agree to an early termination fee, you may close your account if you later discover hidden fees.

How PayCly can assist you with the increasing demand in market?

Do you run an online business? Are you looking for payment gateway in Vietnam? In today's world, having an online business is the best way to attract customers to your eCommerce store. With an eCommerce platform, you can reach customers all over the world, not just in your own country. However, your online store is useless unless you accept payments. You cannot accept payments until a payment gateway is integrated into your website. It will help you find one of the best Payment Gateways in Vietnam for your website.

PayCly ensures that your company's online payment transactions are quick and efficient, and why we developed International Payment Gateway Vietnam solutions. Payments are made through a secure online portal that has been approved by the acquiring bank. As a result of their trust in your website, sales increase.

In addition, we confirm that the payment transactions are instantaneous and that the funds are credited to the company's bank account.

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