1. 5 Tips for
Getting Payment
Gateways Right
Your multi-channel ecommerce
success relies on a great payment
gateway – here’s how to pick one
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2. Multi-channel ecommerce
is reliant on a good
payment gateway to
ensure that transactions
are completed to the
satisfaction of both buyer
and seller. So how do you
identify the right payment
gateway for your company?
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3. What level of fraud
protection is on offer?
The Internet makes buying and selling very
easy. Unfortunately fraud is also a whole lot
easier to commit, creating major problems
for retailers.
Any payment gateway under consideration must offer your multi-channel
ecommerce operation protection against fraud and associated loss. The
system should also protect your customers without getting in the way of
their transaction.
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4. According to new research commissioned by Accertify:
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5. According to new research commissioned by Accertify:
Consumers will change their shopping behaviour if they
have a negative experience with a fraud protection system.
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6. According to new research commissioned by Accertify:
Consumers will change their shopping behaviour if they
have a negative experience with a fraud protection system.
One in three respondents (35%) said they would penalise
the business responsible for an improperly delayed or
denied transaction by moving or considering moving their
business to a competitor.
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7. According to new research commissioned by Accertify:
Consumers will change their shopping behaviour if they
have a negative experience with a fraud protection system.
One in three respondents (35%) said they would penalise
the business responsible for an improperly delayed or
denied transaction by moving or considering moving their
business to a competitor.
More than a quarter of genuine consumers (28%) have
encountered a fraud protection system that unnecessarily
delayed or denied their transaction.
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8. Is the gateway PCI DSS
compliant?
PCI DSS compliance is a legal requirement
for any multi channel ecommerce system
that handles credit card details.
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9. Is the gateway PCI DSS
compliant?
PCI DSS compliance is a legal requirement
for any multi channel ecommerce system
that handles credit card details.
You must ensure that sensitive data is not stored by your company,
or you could face fines of up to £500,000.
If the gateway under consideration cannot prove compliance, it is unsuitable.
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10. Is multi-currency support
on offer?
Selling goods abroad is simple. Accepting
payment is not. Dealing with multiple
currencies, exchange rates and handling fees
makes a simple sale quite complicated if buyer
and seller are located in different countries.
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11. Is multi-currency support
on offer?
Selling goods abroad is simple. Accepting
payment is not. Dealing with multiple
currencies, exchange rates and handling fees
makes a simple sale quite complicated if buyer
and seller are located in different countries.
To make your multi-channel ecommerce platform open to the widest
possible audience, your payment gateway must support multiple
currencies.
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12. How do the handling fees
work?
Every payment processed online attracts a
standard handling fee, usually based on the
value of the transaction.
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13. How do the handling fees
work?
Every payment processed online attracts a
standard handling fee, usually based on the
value of the transaction.
However there are additional charges for different payment cards, currency
exchange rates and other variables specific to the payment provider.
You must fully understand the cost implications of any charges, including
international estimated sales volumes before committing your multi-channel
ecommerce operations to any gateway.
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14. Is there any mobile
integration?
The growth of mCommerce is increasingly
important, particularly for retailers looking
to gain a competitive advantage.
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15. Is there any mobile
integration?
The growth of mCommerce is increasingly
important, particularly for retailers looking
to gain a competitive advantage.
Your ideal payment gateway will therefore provide simple mobile
integration, extending the potential of your multi-channel
ecommerce operations.
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16. The m-commerce
market is expected to
account for 24.4% of
overall e-commerce
revenues by the end
of 2017.
ABI Research
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17. The right payment platform for your business will depend
on your specific multi-channel ecommerce offerings.
However it will undoubtedly meet these five
requirements.
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18. Download our free eGuide
The death of the
high street?
Download Now!
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