PayCly is one of the best payment gateway providers in Tanzania. A payment gateway is nothing but a gateway between a merchant’s website payment portal and its bank. It facilitates payment transactions by transferring the payment details. It also safeguards payment details by employing top-notch security tools and methods, including AI, ML, tokenization, and encryption
For any online business, a payment gateway is an essential or fundamental need as it allows you to accept payment for goods and services you offer. It authorizes you to accept payment in multi-nation currencies and alternative payment methods so that you can sell your goods anywhere in the world.
Tanzania’s E-commerce market is rapidly growing as internet penetration grew more than 100% in just a year. The E-commerce market has nearly 20% share in the total retail market of the country, amounting to US$566.80 million, and is expected to cross US$ 1 billion in the next five years. Tanzania is one of the top producers worldwide of some products, including tobacco. A tobacco merchant account is needed to sell tobacco products worldwide. Similarly, there is a massive opportunity in the E-commerce market in one of the fastest-growing economies of Africa.
Payment gateways are classified into three categories, and PayCly offers all of them.
We have simplified the technique to make it simpler to understand.
Payment gateways are provided by several PSPs in Tanzania, including renowned names like Flutterwave, DPOGroup, 2checkout, PayU, DusuPay, Paypal, Skrill, The transaction group, Pesapal, etc. However, each of them has disadvantages. These international payment gateways are expensive, some don't provide pre-built plug-ins for quick integration, and some don't accept a wide range of payment methods. Similar to that, some demand that you sign a long-term, enforceable agreement, and almost all oppose unregulated firms.
PayCly, on the other hand, is a PSP that personalizes to your needs and provides you with multiple price models (lowest in the country) and the safest payment infrastructure by utilizing AI & ML, 3D security authentication, and the highest degree of PCI-DSS compliance (level 1). We consider our merchants to be partners and offer them substantial support. We are leaders in the payments sector because of our courteous behavior with our partners (merchants) and our commitment to giving you the best. The following are some notable features that we have:
We are everywhere on the planet, although we are most prevalent in Africa, Asia, Europe, and America. We are among the leading global providers of payment gateways. We permit businesses to take payments in any foreign currency. We also make it possible for them to receive payment via any method, including bank transfer, credit card, and cryptocurrency.
PayCly provides all of the payment options a business could require. Along with payment gateways, we also offer a wide range of other services, including high-risk merchant accounts, high-risk international merchant accounts, international payment gateways, credit card processing, and invoicing tools. PayCly supports nearly all industries, and we've developed a few industry-specific merchant accounts with attributes of both high-risk merchant accounts and industry-specific features. We are quite experienced in providing payment gateways and merchant accounts to the following sectors:
Forex Merchant Account | Casino Merchant Account |
E-Commerce Merchant Account | Betting Merchant Account |
Adult Toys Merchant Account | Dating Merchant Account |
SMM Panel Merchant Account | Escort Merchant Account |
E-Cigarettes Merchant Account | Fantasy Gaming Merchant Account |
IPTV Merchant Account | Tobacco Merchant Account |
Let us tell you from the beginning; you are a merchant who wants to start your E-commerce business, and you’ve decided that you will sell adult toys in the country and in the world market too. The very first demand of a company is goods that you have plus a marketplace (you build your website and app). Now you advertise your website publicly, and customers buy stuff from your web or app. What fundamental thing remains now? The most important one for which we are doing business. Yes, you got the right; it’s money. To accept payment for your goods & services, you need a payment gateway & merchant account, and here PayCly comes into the picture. We, PayCly, the best payment service provider in Tanzania, offer you both Adult Toys Merchant Account as well as a payment gateway so that you can do business hassle-free.