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Know About Various Payment Gateways and Benefits of Using Them

Author: Swati Badoniya
by Swati Badoniya
Posted: Apr 12, 2016

If you are planning to get your online store developed from the scratch then there are many things that should be kept in mind while designing the outline of the eCommerce portal. There are various platforms that offer you various benefits if the online store is developed using that platform. However, Magento platform dominates the market and most of the business owners or Developers like Magento for development.

However, one of the major decisions that can completely change the future of your online store is implementing payment gateways. You are developing online store for the sale of either products or services, but if your payment gateway is not secured or standard then definitely customers will not take the risk of making payments through it and you will loose both customers and sales.

If you consult good Magento ecommerce design Indian company then they will give you list of recognized and secured payment gateways that should be implemented on your online store. More number of payment gateways give options to your customers and get you good sales.

Below mentioned are some of the famous payment gateways that are trusted by the customers and should be there on your online store at any cost. Payment gateway integration services on Magento are very simple and can be implemented sing very few codes.

Worldpay

BitCoin

Stripe

Authorize.net

PayPal

Adyen

Suppose if you want to integrate new payment gateways in your eCommerce website to allow customers from various regions to purchase from your website, then how will you choose the payment gateway?

Below given are some of the checklists that will help you in finalizing the things. These are the checklists that are followed by professionals who provide Magento ecommerce grocery store development services.

Support on the platform

Major payment gateways are supported by every platform but if you are trying to implement some region specific gateways then you need to check if it is supported by the platform that is used to develop the online store or you need to find the extension that can act as a bridge between your platform and payment gateway.

Method of Payment

There are two methods of payment first one where you ask customers to accomplish their payment details on your site and complete the transaction. Secondly, you redirect the page to official payment gateway website and allow them to complete transaction from there.

However, the later method is considered as the most secured way and it also keeps the intruders at bay. If you consult Magento ecommerce design Indian companies then you will find almost every company using the second method.

Some of the companies even use Bitcoin payment gateway integration services that is again secure as customers are not using the real currencies, but substitute of it. Implementing Paypal is again very important as it is also considered as the most secured way of making payments.

Apart from above mentioned checklists you should search for the reputation, reliability and reviews about the payment gateways to decide whether to use it or not.

About the Author

The author is a writing professional. In addition, she is in touch with android developers, India to get a thorough knowledge with the new challenges involved in apps development.

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Author: Swati Badoniya

Swati Badoniya

Member since: Jan 21, 2016
Published articles: 50

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