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5 Tips for
Getting Payment
Gateways Right
Your multi-channel ecommerce
success relies on a great payment
gateway – here’s how to pick one

www.sanderson.com
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?

www.sanderson.com
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.

www.sanderson.com
According to new research commissioned by Accertify:

www.sanderson.com
According to new research commissioned by Accertify:
Consumers will change their shopping behaviour if they
have a negative experience with a fraud protection system.

www.sanderson.com
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.

www.sanderson.com
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.

www.sanderson.com
Is the gateway PCI DSS
compliant?
PCI DSS compliance is a legal requirement
for any multi channel ecommerce system
that handles credit card details.

www.sanderson.com
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.

www.sanderson.com
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.

www.sanderson.com
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.

www.sanderson.com
How do the handling fees
work?
Every payment processed online attracts a
standard handling fee, usually based on the
value of the transaction.

www.sanderson.com
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.

www.sanderson.com
Is there any mobile
integration?
The growth of mCommerce is increasingly
important, particularly for retailers looking
to gain a competitive advantage.

www.sanderson.com
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.

www.sanderson.com
The m-commerce
market is expected to
account for 24.4% of
overall e-commerce
revenues by the end
of 2017.
ABI Research

www.sanderson.com
The right payment platform for your business will depend
on your specific multi-channel ecommerce offerings.

However it will undoubtedly meet these five
requirements.

www.sanderson.com
Download our free eGuide

The death of the
high street?
Download Now!

www.sanderson.com

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5 Tips for Getting Payment Gateways Right

  • 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 www.sanderson.com
  • 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? www.sanderson.com
  • 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. www.sanderson.com
  • 4. According to new research commissioned by Accertify: www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 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. www.sanderson.com
  • 12. How do the handling fees work? Every payment processed online attracts a standard handling fee, usually based on the value of the transaction. www.sanderson.com
  • 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. www.sanderson.com
  • 14. Is there any mobile integration? The growth of mCommerce is increasingly important, particularly for retailers looking to gain a competitive advantage. www.sanderson.com
  • 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. www.sanderson.com
  • 16. The m-commerce market is expected to account for 24.4% of overall e-commerce revenues by the end of 2017. ABI Research www.sanderson.com
  • 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. www.sanderson.com
  • 18. Download our free eGuide The death of the high street? Download Now! www.sanderson.com