Best criteria for choosing the payment gateway for your storeadmin
It is very essential to offer convenience and ease to customers in all stages of the purchase procedure in order to ensure that they are maintained as permanent customers. Think about how to make the customer experience faster and easier. You need to work on simplifying the checkout procedure to avoid forcing customers to go through an automated and difficult procedure that they will not be able to deal with. In this article, we will talk about the best criteria for choosing the payment gateway for your store.
1: Targeted market
2: Used platform
3: Technical support
4: Additional costs
You should always focus on choosing the payment gateway that is suitable for your targeted customers. Choosing the suitable payment gateway will enhance customers to take a faster purchase decision.
It is significant to choose the suitable payment gateways that can easily link with the used platform.
Choosing an electronic payment gateway that has fast and high-quality support service will enhance customers to deal with your store.
There are several costs that some payment gateways may force users to pay. It is very important know all these costs before choosing the suitable payment gateway for your store. We will discuss here the most common costs:
- Incorporation costs (to be paid only once at the beginning of the contract)
- Fixed monthly costs (payable once per month)
- Flat fee for every sale
- costs as a percentage of sales (ranging from 2.5% to 3% for each sale)
There are some international security standards that all electronic payment gateways must abide by. you can confirm them through the technical support service.