You can verify this by going to a payment gateway solution store’s homepage, product page or even the checkout page and read the reviews left by previous customers about the payment solution. Just like how you may want to acquire an app solution like the Kudobuzz Review app to enable you to collect and display reviews in your store, make sure the payment gateway solution you pick has a lot of positive things being said about it. In addition, you need to be clear in your mind whether you’re targeting a local market or global one, whether you’ll need an external checkout page, as well as know the type of currency you want to accept. Meaning, the payment gateway you choose should be acceptable in every country you wish to expand your business to. So in choosing your payment gateway solution, you should be mindful of where you want to expand your eCommerce business to and the type of gateway solution that can easily serve your target audience. One huge advantage of eCommerce is the opportunity to reach a huge global audience irrespective of where your business is situated. This will ensure that your customers find your payment gateway solution familiar and hence, can easily make payment. For instance, if your business is based in China but you’re targeting selling to the US market, make sure your payment solution is popular within the US market. So based on your operational location, you should pick a payment solution that is popular and best suited for your country or the region where your target market exists. USA (Only Puerto Rico) Factors To Consider When Choosing a Shopify Payment Gateway Solutionīefore you pick your choice of Shopify payment gateway, you should consider a number of factors including the following: Target MarketĪs stated earlier, Shopify has payment solutions that are better suited for some specific geographical locations. Below are some geographic-specific Shopify payment gateway solutions you should be aware of: So as a merchant, you should choose a payment gateway that’s widely popular and acceptable within your country. Shopify has payment gateways that are tailor-designed to suit customers within specific geographical locations. When it comes to large financial suits, your payment gateway solution also goes the extra mile of verifying customers’ accounts, processing money, analyzing velocity patterns, performing Address Verification System (AVS) checks, as well as calculating tax amounts. ![]() ![]() Thus, before your customers can pay for the products they want to purchase from your store, your payment solution will securely transmit the customer’s confidential payment data (credit/debit card and bank account data) to the issuing bank and get a response from it about whether the transaction has been accepted or declined. These payment solutions authorize the funds being transferred from the buyer to the seller in a secure and convenient manner. Shopify payment gateway solutions are forms of online/electronic payment solutions that enable customers to pay for products they buy from your eCommerce store. In the same way, when you buy a product via the internet, you are expected to pay for it. When you buy a product from a brick and mortar store, you’ll be required to pay for your product to the store cashier. In this blog post, you’ll learn about all you need to know about Shopify payment gateways, as well as acquaint yourself with a list of easy-to-use payment gateway solutions available. The good news is that there are a plethora of tried and tested and globally accepted Shopify payment gateway solutions you can fall on. When that happens, they may not return to your store again and you might end-up losing them forever. The bad news is that your customers may abandon their carts if your payment gateway solutions are not user-friendly. ![]() ![]() You must, therefore, strive to give your customers a near-perfect shopping experience that gives them lasting memories (from homepage, check-out page to after purchase customer support). In the first place, keep in mind that there is no shortage of bad customer experiences that sucks! So you should not add up to the frustration customers come across. As part of learning about what Shopify is and how it works, you should keep yourself well informed about all the payment gateways the platform supports.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |