The service that automates the payment transaction between the shopper and merchant. It is usually a third-party service that is actually a system of computer processes that process, verify, and accept or decline credit card transactions on behalf of the merchant through secure Internet connections. If you are looking at accepting real-time credit cards on your website then a payment gateway is required. The payment gateway is the infrastructure that allows a merchant to accept credit card and other forms of electronic payment. A payment gateway saves time with the fact that credit cards are processed in real-time and funds are deposited directly into a merchant account. A payment gateway removes the need for manual card processing or third party account consolidation.
When referring to payment gateways used for Internet transactions, it may also be called an IP payment gateway. A payment gateway allows a connection directly between a website and a bank, meaning that payments can be placed directly on a website and deposited straight into a bank account. By incorporating a payment gateway into your eCommerce website you can ensure you are providing the easiest and most streamlined buying experience for your customers. The easier it is to buy from your online store the more likely visitors are to purchase.
When choosing an online payment gateway, you will need to consider a number of different factors such as:
- How many transactions do you expect to process per month?
- Do you plan to do auto-billing?
- Where are you based?
- Level of Support
- Integrations and Add-ons
Impulse Software Solutions has always aimed at adopting a unique approach, its goal has always been to provide services in a professional, consultative & merchant-centric manner to benefit from quality over quantity. We’ve consistently offered the most modern, innovative payment functions available. Every business has slightly different needs when it comes to payments, which is why we don’t try to push our clients into cookie cutter solutions. However your business runs, we’ll do everything we can to match or develop the right solution for your organization. All of our systems are highly customizable and expandable, enabling us to provide merchants with individually tailored solutions. That way, you can run at your best, today and in the future. Just ask, and prepare to be pleasantly surprised.
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