Monday, 12 Jul, 2021
Table of contents:
E-commerce is now quite easy to achieve and build up. In the pandemic covid-19 and post-pandemic, e-commerce will become the most popular trend in purchasing behavior in the world, especially in the big cities where citizens have the most demand in the whole country. Consumers, following the Maslow model, want to be safe in their purchasing. Every e-commerce platform has to choose a payment gateway which has the most suitable and convenient payment gateway integration.
Payment gateway integration
Integrating payment gateway is a needed action but how can e-commerce choose a suitable payment gateway which has an easy way in integration.
Payment gateway is a tool which is integrated into an e-commerce website to communicate with consumer’s payment check-out and Financial Institution. It protects online customers from other threats when it comes to online card payment process such as hacking, saving data, errors in bank account, etc. To understand the essential role of payment gateway, you can see these figures below
Through these figures above, you can see many people not only in the USA but also around the world are now purchasing online. To protect consumers and compete with many e-commerce websites, e-commerce platform definitely needs a payment gateway integration or multiple payment gateway integrations which is suitable for many purposes, particular markets.
Firstly, A payment gateway management dashboard has to be convenient and intuitive for merchants to use. It means business owners can easily track every single transaction via dashboard screen with detailed status. The payment dashboard has abilities to give e-commerce businesses all information that they want. It can report to the businesses about payment situation, balance, payout, transaction, consumer’s purchasing information.
Payment gateway management dashboard
Apart from those above, a management dashboard must need the comprehensive functionality regarding user profile editing namely user information update, managing password and credentials, verification, admin role management, business information management, and guide that links to payment gateway integration. All activities of users can be recorded in business under control.
Risk management is very important to an e-commerce company and it one of many requirements payment gateway. Payment gateway not only secures consumer’s payment information but also protects e-commerce platforms by notification of threats in payment.
Every merchant has its own problems, the responsibility of payment gateway integration services providers is finding and solving each merchant’s problems. Merchants will have a clear picture of fraud and chargeback information if they can access a dashboard with full reports 24/7. Merchants' enterprises can make more precise judgments on possibly fraudulent transactions and modify their settings to adapt to the growing fraud trend using this important data.
Such as PayCEC, its payment gateway has risk and real-time risk management which can support e-commerce platforms 24/7. In addition, payCEC always updates and changes to improve itself in building the foundations for secure and successful online business activities.
The most essential factor that e-commerce should consider is security. A good payment gateway needs to collect 3 features in security functions which are tokenization (for tokenizing consumer’s payment information), 3D secure (for verifying consumer when check-out payment), and fully PCI DSS (Payment Card Industry Data Security Standard)
In order to ensure all customer’s experiences will go smoothly, payment gateway needs to be flexible in check-out customization. Its purpose is not to break the consistency of consumers during checkout and bring to e-commerce business customer loyalty.
Payment gateway integration services providers also require each online business and online store to reach the particular standard as well as clearly specify some important information on their website before accepting credit and debit cards. Requirements are necessary for integrating the payment gateway’s system into e-commerce websites.
PayCEC is one of the few payment gateways that can support online shopping businesses to meet particular standards and requirements like Valid SSL certificate, PCI DSS,...
Although integrating a payment gateway is a technical process, an owner can easily complete this task by remembering the 4 main steps below. Payment gateway integration is now available on both desktop browsers on any device.
All 4 steps of this tutorial are essential to any business that wants to integrate a payment gateway into an online shopping website.
If you want to see more detailed steps and technical tutorial, you can click here to find out payCEC integration process.
PayCEC was established in response to the growing need for businesses to accept online payments more quickly and easily. In the new digital era, our payment flow has evolved to work seamlessly and effectively across all platforms and devices. We pride ourselves on combining superior technology with first-class customer service.
PayCEC is a truly global payments platform that not only allows customers to get paid instantly and securely but also withdraws funds to their business accounts in various currencies.
We have created an opened and secured payments ecosystem that entrepreneurs and businesses choose to securely transact with each other online and on mobile devices. We proudly maintain the highest level of client advocacy in the industry.
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.