Choose the best payment gateway provider package
While choosing the best payment mechanism there are some factors
that one needs to be considered such as transaction fees, card types, recurring billing, and on-form payments, etc. These factors may
change with different processors; hence you need to ensure that you are choosing the one that meets your budget and needs.
Transaction Fees: A gateway keeps a small part of the
charge for letting you use their app while processing the payment. You will be charged either a flat fee processing fee or fixed percentage
from each purchase, or a combination of both charges.
Card Types: It is essential to know what types of
credit or debit cards are accepted by the payment gateway that you have chosen. Moreover, some processors may also want users to link their
bank accounts rather than entering a card.
On-Form Payments A payment gateway will collect the
payment right on the form if you have integrated a pre-built form on your website. While other gateways direct users to another page to
complete the transaction.
Recurring Billing Recurring billing allows the merchant
the ability to set up a payment cycle that repeats after a certain period of time. The merchant who sells subscription-based services can
accommodate recurring billing services.
Monthly Fees Some
online payment gateways will charge a subscription fee to allow you to use their services. These monthly charges depend on the volume
of payments being processed.
Setup Fees Set up is the initial cost to set up the
payment gateway account. You will only need to pay this fee once unlike the monthly fee and subscription-based fee.
PayCly is a leading financial service provider that is offering
a complete package of payment processing services to the merchant to enhance their financial reach. We intend to provide solutions to
merchants irrespective of their low, medium, or high business size. We also provide customized payment solutions to merchants all over the world.
Casino Payment Gateway,
Forex Payment Gateway,
International Payment Gateway,
2D Payment Gateway,
Travel Payment Gateway,
eCheck Payment Gateway,
Payment Gateway Singapore