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Best Payment Gateway Providers in the UAE

PayCly is one of the best payment gateway providers in the United Arab Emirates (UAE). A payment gateway is a system that facilitates payment transactions by transmitting payment information between the payment portal and the acquiring bank. By approving payment methods like e-wallet ACH, credit cards, and crypto, it aided in the growth of online enterprises.

A payment gateway is essential for merchants selling goods and services online in order to accept payment. Nowadays, most people prefer to shop online because it allows for price comparison and gives you the best offers, and home delivery also it saves a lot of time. According to Statista, Ecommerce revenue in UAE will surpass $12.79 billion by the end of 2022 and is expected to rise by $17.21 billion by 2025.

Types of Payment Gateways

Payment gateways are classified into three categories, and PayCly offers you all of them, these are below mentioned:

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How Does a Payment Gateway Work?

For better understanding, we provide a condensed illustration of the procedure.

PayCly is the Best Payment Gateway Providers in the UAE

Multiple payment gateway providers are available in the UAE, including well-known brands like Amazon, Stripe, Paypal, Checkout, Telr, 2Checkout, etc. Nevertheless, each of them has some glaring shortcomings. These payment gateways are costly, and some do not provide alternative payment options or ready-to-use plug-ins for the quickest integration. Like this, others require that you sign a long-term, legally enforceable contract, and almost all do not support unregulated industries.

PayCly, on the other hand, is a solution that every one of you needs because it offers you support in every possible way. PayCly is one of the top payment gateway providers in the United Arab Emirates because it considers its merchants more like partners than clients (UAE). We've highlighted several PayCly's features in the illustration below:

Conclusion

In the digital age, consumer behavior has drastically changed. In 2021, more than 2 billion people made purchases online, and as more people gain access to the internet, this figure keeps growing. As more businesses increase their online presence, an International Payment Gateway is often needed to accept payments. There are hundreds of payment gateway providers in the UAE, as we previously mentioned, but PayCly is the best due to its offerings, dedicated support, and instant acceptance. If you are a merchant seeking a payment gateway, we suggest getting in touch with PayCly's expert team to get the best payment solution.

Frequently Asked Questions (FAQ)

How much do Services Cost?

The pricing structures of various gateways may vary. They could include monthly costs, transaction-specific flat fees, transaction-specific variable fees depending on the value of the transaction, and additional fees for factors like chargebacks, overseas payments, and currency conversions.

How is a Merchant Account Different from a Payment Gateway?

A merchant account functions similarly to a bank account in that it accepts money from card or online payments and holds it until transferred to your chosen business bank account. When a customer makes a purchase, a payment gateway connects your merchant account and the customer's bank, enabling the transfer of payments from the customer's bank into your merchant account (and ultimately to your company's bank account). PayCly offers you both payment gateways as well as merchant accounts.

Which Industry PayCly Supports?

Almost every, PayCly supports almost every industry that exists. We provide merchant accounts as well as payment gateways to every online business. These are some industries we have extensive experience: