Online shopping is becoming increasingly popular. There is almost nothing left that cannot be purchased online. Online stores, also known as eCommerce sites, are rapidly growing in popularity. Technologies are constantly evolving to provide a user-friendly interface and experience.
According to Statista, online sales of physical goods in the United States totaled 365.2 billion US dollars in 2014 and are expected to exceed 600 billion US dollars by 2024.
What could be better than opening an eCommerce store and selling your products and services online? To begin, you will require a solid framework or website as well as the best high-risk payment gateway for an online store to process payments.
The payment gateway is the eCommerce site’s backbone; without it, the site is useless.
You may have a lot of questions about what exactly a payment gateway is. How do I obtain one? Is it capable of handling all currencies? Don’t be concerned! We not only answer all of your questions, but we also assist you in selecting one of the best payment gateways for your online store.
To better assist you, we have authorized partners or payment processors from the United States, Canada, Europe, and other countries.
What exactly is the best payment gateway in the USA? And how can I get one?
After reading, you should have a basic understanding of a payment gateway. Consider the following scenario. A customer visits an eCommerce website, chooses a product to buy, and clicks the buy now button.
After clicking, the customer is redirected to the checkout page, where he enters all of his credit card information and other necessary information to complete the transaction.
But what if your website does not include a payment gateway? The customer will be unable to complete the transaction. A payment gateway is a piece of software or service with a customer interface that aids in the authorization of credit/debit card transactions.
Now comes the question of how a merchant obtains a payment gateway for his online store. Obtaining a payment gateway is not difficult. The entire process is done online, and you could be live and accepting payments in less than 24 hours.
To obtain a payment gateway, simply approach the appropriate payment processor or merchant service provider who can meet all of your business needs. Is it looking difficult? EmerchantPro will assist you in locating the appropriate processor.
We have partnered with several processors around the world and will match you with the appropriate processor based on your business needs and industry type.
Have you ever considered how your online store payment gateway works?
Though, as a merchant, it is not critical to have a thorough understanding of how a payment gateway operates. However, you should have a basic understanding of how transactional data flows and whether it is encrypted or not.
How secure is your confidential customer data? Let’s delve a little deeper and learn how a payment gateway works.
The process begins with the customer, and the payment gateway’s work begins as soon as he goes to the checkout page and enters all of the necessary card information and details and presses enter.
When a customer presses the enter button, your web browser encrypts the information using SSL technology, and the payment gateway sends the encrypted transactional information to the payment processor.
The processor then sends the information to the card network or card issuing bank and receives a response from the issuing bank indicating whether or not the cardholder has a sufficient balance.
The processor then sends the transaction information to the payment gateway, indicating whether the transaction was approved or not.
The payment gateway then displays an appropriate response to the cardholder or customer, and the customer returns to the shopping page, completing the process.
Why choose EmerchantPro for getting the best payment gateway for small businesses in the USA?
EmerchantPro is the most popular merchant account provider that can assist you with an e-commerce payment solution. When you use EmerchantPro, you will be presented with a number of different payment options.
Visa, MasterCard, and all other major credit card types are supported. You will also be able to make direct bank deposits.
You will have access to a convenient payment system through EmerchantPro. As a result, you can expect a reliable and timely payment at the end of the day.
The best part about this payment system is that you do not have to wait until a specific day to receive your payment. That will be available to you in a short period of time.
