Author: instantcharge

Payment Gateway Integration On Websites

Various Methods of Payment Gateway Integration On Websites

Accepting an online payment is never a hassle-free task for any merchant. The world is moving toward a cashless economy and the new demand for accepting payments with social distancing forces every business to accept online payments.

A suitable payment gateway integration is essential to accept online payments for your online business. As the demand for online shopping is growing daily, merchants worldwide try to offer their customers more flexible, convenient, and secure experiences.

As a merchant, you ought to provide your clients with a secure, quick, and simple payment method whether you run an eCommerce site or are just maintaining your online presence. Your client’s and company’s needs must be met by your chosen payment method. It must be secure against fraud, accept a wide range of payment options, be user-friendly, and work with your platform.

In accepting online payment, payment gateway integration is vital in keeping transactions safe and secure and making customers happy.

Here, you will learn the way to payment gateway integrations Poland.

What are Payment Gateways?

Before discussing the payment gateway integration methods, we must understand what payment gateways are.

In a simple sentence – A payment gateway is a bridge between the websites and the payment processor. It securely transfers the customer’s sensitive information between merchant websites and payment processors.

Generally, it’s an online replica of the actual point-of-sale terminals you see in retail establishments. The credit card data, expiration date, and CVV code are all encrypted by a payment gateway to ensure transaction security and safeguard your website from fraud.

What is a Merchant Account?

The business owner should have a merchant account to accept online payment. A merchant account is a type of bank account that is used to send and receive digital payments. Acquiring bank offers the merchant account.

Having a merchant account is also challenging as not all acquiring banks offer their services to all types of businesses. On the other hand, the merchant should also submit lots of documents and maintain transparency between their acquiring bank and business model.

Acquiring banks also charge for their services’ financial risks and regular fees.

Payment Gateway vs Payment Processor

Before moving to the payment gateway integration methods, you need to know the difference between a payment gateway and a payment processor.

The key responsibility of the payment gateway is to collect the card information and securely send it to the payment processor, which is the first step of the transaction cycle.

The payment processor securely sends the information and pertinent buyer data from the customer’s bank to the merchant bank and vice-verses; when a successful transaction, the payment gateway notifies the buyer of its outcomes, including approval or rejection statuses.

Different Methods of Payment Gateway Integrations

Let’s go over the four most popular payment gateway integration methods for an online store: hosted, self-hosted, API or non-hosted, and local bank integration.

Hosted Payment Gateways –

While making the payments, the payment service provider redirects the customers to the third-party checkout systems. This type of payment gateway is called the hosted payment gateway. It means that the customer has to shift to some other page to complete the checkout process.

Here, the customer is directed to an externally hosted payment page via a hosted solution to handle the fee from a customer to the merchant. Once the confirmation is done, the customer returns to the website. Then the checkout process is completed.

The most popular hosted payment gateways are – PayPal, Stripe, and Amazon Pay.

Advantage –

• It does not require PCI compliance.

• The entire procedure is entirely adaptable.

• It offers plug-and-play plugins for online businesses.

• The integration process is relatively easy.

• The service provider is in charge of data protection.

Weaknesses –

• It redirected the customer to the external site, which is not comfortable for most customers.

• It has a limited brand option.

• The payment service provider handles the whole process.

Non-Hosted Payment Gateways or apis –

Non-hosted payment gateway is also known as APIs or onsite payment gateway. It allows the customer to complete the checkout process on an e-commerce site using API (Application programming interface).

With this payment gateway integration, the customer does not redirect to another page to complete the transaction process. Using this integration method, the merchant can manage the whole checkout page from beginning to end in a hassle-free manner.

Instantcharge offers non-hosted payment gateways. Merchant can easily use their brand name on the checkout page. You can get all the solutions in one place with Instantcharge.

Advantage –

• Merchant can easily modify the checkout page according to their needs.

• It offers faster checkout operations.

• It is device friendly – across mobiles, tablets, and so on.

Weakness –

• It required technical support and maintenance.

• Merchant has to take responsibility for covering all the data protection concerns.

Self-Hosted Gateways

The self-hosted gateway is an optional, containerized variant of the managed gateway that comes standard with every API Management service. Hosting your APIs and gateways in the same environments is helpful. As a merchant, you can improve API traffic flow and meet API security and compliance standards by using the self-hosted gateway.

This approach is probably the best fit if you expect complete control over every customer’s payment. End-to-end encryption allows all transactions to be accommodated on a website using the self-hosted integration method before being sent to the gateway. The most popular self-hosted gateways are Shopify payments provider by Stripe and Quickbooks Commerce’s B2B.

Advantages-

• The merchant has complete control over the payments.

• Merchant can easily customize their style according to their needs.

• Suitable for user experience.

Weaknesses –

• There is no technical support for it.

• There is the possibility that system failures take place as the checkout and payment processes happen in the same place.

• It is required that you adhere to PCI.

Local Bank Integration –

Here, in this payment gateway integration method, merchants shift funds locally to the customer bank. Once the payment process is completed, the customer returns to the landing page. The landing page indicates a successful money transfer.

Advantage –

• This payment gateway integration is the best option for small and medium-sized businesses that need a single payment.

Weaknesses –

• Due to the basic features, it has a limited user experience. For example – The customer won’t be able to return funds.

How to Integrate the Payment Gateway On Your Websites?

The payment gateway integration process depends on your selected gateways. However, there are some common steps.

For example – If you select the hosted payment gateways, you need to get an SSL certificate, and also you have to connect your websites with the payment gateways. As a merchant, you must obtain the gateway’s credentials, such as merchant ID, MWS access key, secret key, etc.

If you select the non-hosted payment gateway poland, then your priority is security. You should make sure that your security measures are adequate. However, you should be able to do this by utilizing some of the robust APIs and widely accessible modules. You also want to confirm that mobile phone customers can use your payment gateway and that it accepts various payment methods.

Final Thoughts –

Now, you know about the different methods of payment gateway integrations. As a merchant, you can understand that using an unsuitable payment gateway could turn off your customers and result in a loss in your business. Check out what your competitors are using and gauge their efficacy before choosing a payment gateway so you can give your customers the best choices.

A third-party payment gateway poland is the best option for small businesses regarding integration methods. For a more prominent market, it is better to use a customized version like instantcharge.

More Blog: Accept Online Payments with Instantcharge and Ensure Huge Online Payment Transactions for Your Business

Ecommerce Payment Processing Solution Can Streamline And Expedite Payments In Your Industry Vertical

In the United States, it is predicted that in 2022, more than 80% of transactions will not include cash. Additionally, it is predicted that online payment transaction values would increase by more than 15% between 2020 and 2025.

A eCommerce payment gateway can streamline and expedite payments in an increasingly cashless society where most payment services are carried out online or through credit cards. This benefits both customers and businesses.

Payment gateways are a type of merchant service that handles credit card processing for both traditional brick-and-mortar establishments and e-commerce websites. They might be viewed as the electronic equivalent of a cash register. However, it must be practical and safe, just like any cash register.

It is crucial to comprehend how payment gateways operate, what to search for, and what possibilities are available before choosing one.

What is the function of a Payment Gateway?

Whether you are purchasing anything online or at a physical store. A payment gateway serves as the main component in the payment processing system.

The front-end mechanism of a transaction is what gathers, transmits, and authorizes client data in real time to a merchant’s bank, where the transaction is subsequently processed.

eCommerce Payment Processing Types

Payment gateways often come in three different categories:

In-person payments

The benefits are now reversed; you’ll have more authority and responsibility.

The checkout procedure and payment processing are handled entirely through your system in large-scale organizations. It frequently use on-site payments handled on their own servers.

Every factor matters if you process payments on-site, and every enhancement to the customer experience can have a significant impact on your bottom line. This is especially true for retailers with high sales volumes.

On-site checkout with off-site payment

With this approach, the front-end checkout will take place on your website. But the back-end payment processing will take place at the gateway.

Similar to redirected payment gateways poland, this technique can streamline the payment procedures while enhancing back-end security.

The drawback is that you won’t be able to fully manage the user’s experience via the payment gateways. If you want to go this path, make sure you have faith in the payment gateway’s security.

Redirects

Redirects frequently offer options for different payment options, like a business permitting PayPal. A redirect occurs when the gateway directs a consumer to the PayPal payment page to finish the transaction.

A Redirect gateway enables a small firm to include the ease of use and security of a larger platform. Redirects have the advantage of being simple for the store. But they also entail less control for the business and require customers to take an extra step.

Payout Gateways Restrictions

Not every payment gateway is created same. You must be aware of and willing to accept some restrictions when selecting a payment gateway, many of which are built into the system itself.

Take a closer look at the following:

Rarely do gateways allow all kinds of cards or payments

Although many suppliers of payment gateways prefer to push the versatility of their products. They frequently don’t mention the instances in which they can’t take payments from particular card issuers and processing portals.

Make sure you are aware of the requirements for your consumers, the restrictions, and the exclusions before choosing a payment gateway.

Customers from abroad might not have a eCommerce Payment Gateway

A merchant’s payment gateway must be compatible with a variety of online retailers and payment systems if they want to reach a large international audience. For instance, Alipay is far more widely used in China than payment methods that US clients may be accustomed to.

Additionally, costs may be higher for customers from abroad. For both domestic and foreign transactions, many payment gateway providers impose flat transaction costs; however, some levy higher fees for cross-border transactions.

Think about integrating other technologies into your e-commerce platform so you can accept payments in 25 different currencies with a fully localized international checkout procedure.

Security holes

Security has to be the first priority in a world that is becoming more and more digital. A recent study found that almost two-thirds of customers would cease doing business with a retailer who had experienced a security breach.

There are a few security flaws you should be aware of even if a good payment gateway should be secure:

Data breaches: The majority of payment gateways use TLS encryption to protect sensitive processing data, such as credit card numbers, however once the data is on a server, the server itself continues to pose a danger.

Issues with mobile payments: Even though you have a lot of security under your control throughout the transaction, you still have no control over who has access to your customer’s mobile device.

Malware: Malware that reads passwords and compromises user accounts can transmit transactions through secure payment gateways that appear to be legitimate even when they are actually fraudulent.

A secure Payment Gateway for eCommerce Poland to select

There are several factors to take into account when choosing a payment gateway, but none more so than security. In a study by Experian, 55% of consumers rated security as the most crucial element of their online experience, and 49% wanted companies to make their online security more obvious.

What Methods of Payment Do Your Customers Use?

It’s one of the first questions you should ask: what payment methods do your customers already use?

You’ll encounter fewer problems and potential security risks if you stack your payment gateways and facilitate a payment type they can use.

Will The Instantcharge Payment Processing Work With Your Current Technology?

Before choosing a payment gateway poland, consider how well its APIs will integrate and work with any existing technology platforms you use. Choosing a gateway that is distinct from your solutions will only complicate and slow payments.

There are numerous customizable gateways such as Instantcharge available that can be easily integrated with your platform of choice. Choosing one of them will make your life and the lives of your customers easier.

Read More Blog: Best Payment Gateway Integration Drives Robust Payment Processing Experience

Payment Gateway Integration Drives Robust Payment Processing Experience

Finalizing a Payment Gateway for eCommerce business is the final stage of a merchant’s journey and is possibly one of the most influential deciders of whether or not they are moving to buy the products in the shopping cart. Online payment processing becoming a benchmark for today’s online buyers in Poland. eCommerce businesses have to concentrate on adjustable, quick, and safe payment gateway integration solutions. So that buyers will not have to examine here and there to complete their in-store journey.

For any online business or website that has an expandable future. And it is essential to consider promoting an eCommerce system in which customers can purchase academic products or services, software, product, or any goods at maximum comfort. The most typical way to transform a simple website into an eCommerce platform is to use famous plugins such as Magento, WooCommerce, OpenCart, Prestashop, etc. Having a reliable payment process causes your eCommerce store deserving of huge usability and reference for your online customers.

But, what precisely should a merchant or an eCommerce business owner ponder over before counting an ingenious payment gateway? You will understand more about this question as you examine the entire blog.

How do you Comprehend the Payment gateway for eCommerce

If you are yet to share the outcomes of creating an eCommerce business. However, this is the first and greatest point of reference. Primarily, a payment gateway for eCommerce is comprehended as a third-party transaction service. But it is not just restricted to this generic performance.

A payment gateway is an online payment service provided by any eCommerce retail store that ascertains and processes. And authorizes debit card/credit card transactions or direct internet banking transactions delivered if they have a safe internet connection.

Payment gateway Poland is Significant For Your Business

Integration of Payment Gateway Poland allows and approves the secure payment transaction between eCommerce business merchant and their buyers. This is the ideal solution that processes many modes of online payment. Also developed to satisfy the objectives of permitting customers to purchase their favored product without the requirement of quitting their assumptions.

Acclimating all of the customers’ needs into one perfect shopping podium functions marvels for merchants. Contemporary tech-savvy global buyers move towards online payments and adore unique methods of shopping. The largest business criteria such as customer investment, business development, bounce rate, and customer retention rely on functional productivity and the selection of integrated payment gateway facilities.

While check-out points will be easy for your buyers. However, by not having a featured payment gateway you will renounce a competitive benefit among your close e-commerce competitors.

Always Emphasize Multiple Payment Choices

Previously, online wallets and third-party integration emerged in the eCommerce world. So, online buyers did not have a lot of options to make buys besides using their own credit/debit cards. But now, technology has granted incredible solutions. So, customers have developed their anticipations from online businesses.

Because of the high request among end users in Poland. Moreover, it is critical for local merchants and eCommerce businesses to deliver a sort of options for online payment. For example, InstantCharge provides outstanding service. But still, not everybody in the world prefers just one option.

There are many more on the list. The cause why eCommerce businesses must regard the concept of having more and more choices for buyers is that consumers have the ability to transform the game of your eCommerce business. So, if you miss counting a pair of payment choices that some customers select more than others. Moreover, there is a possibility of yielding a lot of business.

Selecting The Correct Payment Gateway Integration

Since the payment gateway integration solution is moving back to selecting your customer’s curiosity about your online benefits. And selecting the correct method to integrate it is essential. 3 primary choices are:

  • API integrations
  • Payment mode
  • Plugins by famous shopping platforms

Being an IT specialist, you would understand all about integrations of APIs and how they function for any eCommerce store. API is not just restricted to integrating payment gateway successfully. But it also comprises customizing a payment method on your website where site adventurers will provide their payment/account details.

Yet, the main disadvantage of having such a payment gateway system is being ready for amazing time consumption and cost of performance. The integration of API profits in this zone and ensuring the payment form establishes an increase in the conversion rate by decreasing examples of diverting traffic to unknown pages for the objective of payment. In this way, the process contains only a few essential steps. And which undervalues cart desertion and enables them to do more fast purchases.

Payment Mode

A payment method could be a sensible solution in case your IT team has modest experience or you are not familiar with detailed programming issues. It preserves a lot of time for designers and exempts you from the necessity of having expanded experience in payment form integration.

In this procedure, Users are usually moved to a third-party payment gateway website. Moreover, where they will be required to fill in details concerning amount, currency, return address, transactions, and security code. The website owner has to ensure that the entire procedure is flawlessly executed and customers arrive home to the merchant’s website with safe transactions.

Plugins

eCommerce store has transformed a lot in its offerings ever since its beginning. And now a day you can have further options for payment gateway if you are operating a ready-made shopping platform (Magento, OpenCart, Prestashop, WooCommerce, etc).

Integration of plugins for ready-made payment modes is an evolved solution chosen by many US online business merchants. It assists you to save both necessities of an eCommerce business: integration procedure time and asset of funds. All it carries is a couple of clicks to establish those convenient plugins.

Requirement For Personalization and Expert Programmers

Plugins need you to take an alternative to their developers whenever there is a difference in their coding or range of enhancing customers’ shopping experience inside the store. This is primarily essential when you are managing international buyers. It is in your best curiosity to cooperate with a programming specialist or outsource the job of perfect integration and its future personalization to the professionals in the business.

API programmers are your best option to complete the work in a lower time period and with excellent accuracy. You can confer with InstantCharge payment gateway specialists who have plunged more in-depth into eCommerce store enhancement and evolution. We know everything about the Poland business market and how its buyers reach online space for shopping. By delivering fast, flawless, and quick payment gateway integration. We also ensure your options will not flow to your rivals in frustration.

Factors to Keep in Mind for Selecting the Best Payment Gateway Provider

These are some major factors to consider before opting for the best payment gateway provider:

  1. Pricing Structure
  2. Easy Payment Gateway Integration
  3. Security
  4. Customer Service
  5. Recurring Billing

Enhance Your Business with the best Payment Gateway Integration

Take time to do the study and read your thoughts in order to prefer the best payment gateway integration. InstantCharge is a business-friendly payment gateway service provider that delivers multiple payment services. It is also comprising round-the-clock support.

Contact us anytime or visit our website if your business requires more transparency on payment gateway integration services.

Best Payment Gateway Poland

Prefer The Best Payment Gateway Poland For Getting Incredible Boost In Your Business Sales

Today, it is evolving more and more famous to shop via smartphones. Glancing at the system of eCommerce retail deals. You will see that most of all deals in Poland are via mobile phones.

As per the research, 52% of all eCommerce deals will perform via mobile devices by 2022.

After all, as proved by the details of various researches, an inappropriate and harmful payment system causes customers to conduct investments from your opponents, even if your product is more useful. But incorporating a secure payment gateway Poland is not a very simple procedure. There are various aspects to regard. Payment gateways must be safe, also contain various payment methods, as well as keep the capacity to pay via multiple currencies.

What Is Payment Gateway Poland?

Before you know how to get a safe payment gateway Poland to assure secure payments. So, let’s discuss what exactly payment gateways are and why they are so essential.

A payment gateway procedure implicates confirming the buyer’s bank card details. Also assuring the presence of funds, and enabling the merchant to accept online payment for a product or service. This specific technology functions as a bridge between a merchant’s website and its acquirer bank. Another part of the secure payment gateway is the protection of the personal data of the buyer’s credit card to allow the unidentified transfer of the buyer’s data to the acquirer’s bank.

The payment gateway Poland procedure functions as a mediator between customer and merchant, delivering safe payments. Having a protected online payment gateway facilitates the procedure of executing the essential software for merchants many times. As mentioned earlier, this technology also handles the buyer’s personal details, like credit card number, expiration date, and CVV code.

Why do Businesses Need a Payment Gateway Poland?

But yet, why should you prefer a safe online payment gateway if it only functions as a mediator? The issue is that protected payments via a website or program do not function similarly to via a terminal in a traditional store. It is incredible to physically swipe a bank’s credit card via the terminal, you can only depend on the details of the credit card that the buyer provides on the payment page.

If you do not use a secure payment gateway to process your online payments. Then it will be much easy for fraudsters to acquire access to your customer’s bank card details. And which will make your business very helpless and generate uncorrectable harm to your prestige. By preferring a secure payment gateway Poland. You can also keep your buyers’ bank card personal information out of hazard. In addition to guarding against fraud, the secure payment gateway also saves merchants from vanished credit cards, inadequate money, locked accounts, or surpassing credit limits.

How to Make the Payment Gateway Poland Safe and Secure?

Payment gateway Poland must assure that merchants always accept funds from customers upon the asset and that they do not have to be concerned about credit risk and the chance of fraud. Still, it is almost inconceivable to entirely prevent fraud. Fraudsters always enhance their payment modes. And thus such a tragedy can happen to anyone.

SSL for Protected Connections

Every online transaction that occurs via your business’s website or mobile application must be secured by SSL. With the support of SSL, it becomes feasible to protect the personal data of your buyer’s bank cards. And forms this information saved from scammers. The benefit of such technology not only improves the security of transactions but also forms customers more willing to purchase. SSL displays by a padlock symbol in the address bar, and web addresses begin with HTTPS. When a buyer watches this icon, he satisfies that he can securely conduct purchases via your online website and not bother about the protection of his data.

PCI DSS Certificate

When processing payments on your online website, you will require PCI DSS certification. The Payment Card Industry Data Security Standards (PCI DSS) contain policies that merchants must obey to save confidential user data when processing online payments. Some of the needs of this measure contain:

Use a verified payment platform at the point-of-sale or an eCommerce website shopping cart;

Do not store confidential customer details on computers or mobile devices;

Protect communication of customer data across any available public networks.

Use a firewall on networks and devices

Instruct workers regarding security standards, like protecting customers’ payment data.

Merchants can also reject it up to the payment gateway to obey the industry security measures and deliver data encryption, which is needed by PCI DSS. That is why the merchant can be convinced of a secure payment gateway if he connects to these security measures. Thus, payment gateways function as third-party payment services that deliver merchants the updated and most excellent security standards they require.

Tokenization 

Tokenization substitutes all confidential customer data with a group of characters that can render erratically. The benefit of this technology particularly decreases the risk of data failure. One of the best security methods is to prefer a token, which is a genuine bank credit card number. After the online transaction, the buyer’s personal data is transmitted to a particular server, where they are securely kept. Along with this, the merchant accepts a unique number. Preferring this number, the customer can complete purchases on the eCommerce website or in the program. He does not have to provide all his data again. So, he can perform transactions in just a single click.

Conclusion

It’s worth noting that there are various rules and regulations that both merchants and customers should pursue to protect their online business and bring out secure online transactions.

As for buyers, they should review the eCommerce websites on which they conduct buys so that their personal details do not reach fraudsters. It is also essential to provide only the details that are associated with a credit card and in no case send inspected documents or documents of bank cards. It is generally challenging for businesses to invent their payment gateway themselves. Today there are most businesses involved in financial software development. But not every business can deliver the best payment services and make a really quality product. If you prefer integrating a secure payment gateway Poland. So ensure to work with a professional software development merchant such as InstantCharge. We have many years of experience assisting businesses to protect their payment processing and would be delighted to function with you on your business. Contact InstantCharge now and we will analyze your business requirements in detail.

Accept Local Payments Seamlessly With Multi-Currency Acceptance And Let Your Business Shine Globally

Accept local payments, and your online business is ready to thrive. This procedure might have spent rewards a few years ago. But now, by providing only these local payment methods to your buyers, you risk losing far behind your rivals.

To stop this from occurring, it’s essential to regard local payment methods. If you even don’t know about them, or your business hasn’t yet delivered these payment methods to your buyers. Then you will have to think about how your online business can deliver alternative payment methods as soon as possible to maintain up with other businesses.

In this blog, you will know about the primary local payment methods of eCommerce businesses. And how you will get more benefits by delivering them to your buyers.

What are Local Payment Methods?

These payment methods comprise bank transfers, eWallets, installment payments, and digital payments. Briefly, all methods are alternatives to famous credit cards and cash.

As soon as these payment methods were provided to buyers, they were admired for their high level of protection, simplicity, and comfort. Already, more than 42% of all online payments globally are performed using these methods. And you can also be convinced that this number will only grow by 2022.

What are the Most Famous Local Payment Methods Today?

One of the most famous local methods of payment for online products and services is online payments performed by using eWallets. After all, it’s so comfortable and suitable to save funds in your digital wallet, and when you will require to buy something. So, just sign in to your account and transfer funds to the required details. Trendy digital wallets deliver such a high level of security that it is quite comfortable for you to renounce your money.

The next alternative method is bank transfers. However, this method is like online payments. But in this subject, you provide your bank account information. If you do not like to provide similar payment data next time. Then it is sufficient to save the essential data for the payment in the account of one of the payment solutions.

Making payments in installments is a wonderful way to receive the product you require. Even if you don’t have sufficient money to purchase it right now. If you have authorized your credit card with this type of payment method. You can also take benefit of a payment mode which is “Buy Now and Pay Later.

Why Would Businesses Provide Their Customers With Local Methods of Payment?

Certainly, you can start to receive payments for products via standard methods. But keep in mind that by functioning this way, your customers will quit. Trust me, nowadays most businesses are ready to provide them with any payment methods to tempt customers and none of your conceivable buyers will exit your eCommerce website. Similarly, he will reach your rivals to check whether they have simply no limitations on payment methods and other important features.

Moreover, there is nothing more destructive for a buyer than to reach out to a credit card refusal when they are almost to buy something. If you can provide them with an alternate option in the form of payment via PayPal or Amazon. Then they will prefer purchasing from your website.

Here are some various good reasons to accept local payments by adding local payment methods:

  • Effective Sales Evolution. One Poland business gained a 46.9% growth in online transactions by providing the PayPal Express Checkout payment mode to accept local payments Poland.
  • Global Honor. Local payment methods are known across the world, and by providing Amazon Pay or PayPal you deliver choices for buyers not only locally, but globally also.
  • A High Level of Faith. In spite of the high favor of credit cards as a payment mode, persistent cases of scams make buyers glance toward the securer systems of Apple Pay, PayPal, and others.

A high level of confidence and faith that payment will be conducted safely and fast. That will encourage people to select local payment solutions. And your business will help tempt even more buyers.

Accept Local Payments To Expand Globally

Local payment methods, comprising prepaid cards, mobile transfers, eWallets, bank transfers, and ‘buy now, pay later’ immediate financing, are an international payments spectacle. In Poland, they include around 32% of eCommerce transactions. This may appear like a lot, but this digit is restricted by the rage in the Poland marketplace. However, about 65% of online buys are performed by using alternative local payment methods instead of credit or debit cards.

For eCommerce businesses desiring to go global, delivering local payment methods is a primary requirement. In 2022, around 78% of all cross-border eCommerce websites will reimburse for using local payment methods.

Here Are Some Primary Benefits Your Ecommerce Business Can Get By Accepting Local Payments :

  • Local language

Details shown in the buyer’s own language are necessary for entire transparency at the checkout platform. Local payment methods receive all the important details of the deal and convert it into the buyer’s language, so disorder is evaded.

  • Local currency

Price details are important when the buyer reaches the checkout platform. Local payment methods transform the price into the buyer’s local currency. So they can view the price details in a setting they comprehend and there is a small range for unplanned traps.

  • Chargeback Responsibility

When merchants accept local payments by using alternative payment methods such as Apple Pay, or Google Pay. Then chargeback responsibility changes from the merchant to the payment service provider. So if, as a merchant, your consumer requests for a chargeback. Then you don’t have to subject this to the buyer, which is what would occur with a normal card payment.

  • Improved security

Alternative payment methods are safe to accept local payments. Because customers don’t need to provide any confidential details. All they provide to the other members is their address (for example their PayPal email address). Also lowers the number of sensitive payment details used in the payment procedure.

  • Fast checkout process

Local payment methods keep buyers’ payment details securely. And that implies those details that a customer has to provide at the checkout are account authentication, like email/password information, or biometric details such as a fingerprint. This is much faster than keeping to re-enter long card information for every buy.

  • Acquaintance

For global customers, existing on a foreign eCommerce business’ website can set up some ignorances. And that could be the dissimilarity between transforming at the checkout or quitting the shopping cart. Local payment methods deliver the security and understanding that buyers usually require to have faith in the merchant.

  • Multiple Choices at Checkout

Local payment methods deliver numerous payment choices for the buyer. Besides standard credit or debit cards. In most countries, they are the best payment method, and so by providing customers the option. So you are expanding the possibility of a finished purchase.

Conclusion

You just don’t worry about how to deliver to your buyers with leading payment choices. Just contact InstantCharge and immediately get numerous most popular payment methods, a high level of protection, and other advantages.

InstantCharge delivers various local payment methods famous in various markets across the globe. Our team of payment experts will function with you to comprehend your eCommerce business strategies. And will suggest you accept local payments which are essential to increase your sales. To explore how InstantCharge can expand the number of payment choices you provide and bring your business to the next level, please get in touch with us now!

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Acquire The Best Online Payment Processing Poland Expand Your Online Business Sales

With digital technology and ingenious software, your online business has zero boundaries. Even a small store in the countryside can go international. So, thanks to a website, eCommerce platform, or online payment processing Poland software services.

But one of the most considerable challenges for online businesses is receiving payments. So, it expresses like no big issue, sending funds needs a complex FinTech solution, merging numerous services into a single online payment processing platform.

To know what your business requires, you have to comprehend the payment processing industry. How does payment processing function? What are the primary features and requirements for this type of payment solution? Usually, InstantCharge has expertise in FinTech growth and will assist you to sort every problem out.

Online Payment Processing Service is a Modern Need

Most people prefer quick and simple methods of accomplishing everything, from business contacts to online shopping. When you deliver customers the option to purchase something with a seamless checkout experience. Then your online business enormously helps in terms of both revenue and business process effectiveness.

Here’s where the online payment processing industry arrives in handy. It doesn’t matter whether you have a brick-and-mortar store or function over the internet only or whether you are operating a hotel business or financial solutions. You will have to know how to get contactless payment processing and online payment processing software if you want to grow your online business.

According to the research, 70% of merchants agree that their annual online and mobile deals are growing, and other reports express that customers expand 13% to 19% more when functioning with credit cards than when using cash.

How Does The Online Payment Processing Function

Let’s begin with the basics? There are three parts to online payment processing services.

  • Merchant account. This is a bank account that allows online payment processing for online businesses. You can get a merchant account from a payment processing company, an independent contractor, or a large acquiring bank. Without a merchant account, you would have no place to store the funds your buyers pay you.
  • Online Payment processor. A payment processing company or financial organization manages the transactions between your customers’ banks and the acquiring bank. They trade with issues such as credit card validity, available funds, credit card limits, and many more. One more primary part of the payment processor is security. It’s the liability of an online payment processor to review if card data is right and to save you from fraudulent actions. They also take care of various mistakes, unexpected transactions, and false prices.
  • Payment gateway. This is just like an online point of sale. An online payment gateway is a mediator between all payments on your website and the payment processor. It links your merchant account with credit and debit card networks such as Mastercard and Visa. You will require a payment gateway because safety measures prohibit transferring data straight from bank to bank. So a payment gateway is important to get online payment processing for small businesses.

The members included in online credit card processing services are the customer, the business, the payment processor, the payment gateway, the customer’s bank, and the business’s bank. Some online payment processing providers deliver all three parts, merchant account, payment processor, and payment gateway in one payment solution. Others integrate a merchant account and payment gateway with a third-party payment processor.

Here’s How Online Payment Processing Functions:

  1. The customer selects a product and keeps out their credit/debit card
  2. The merchant introduces a payment
  3. The payment gateway securely transmits the payment details to the payment processor
  4. The payment processor confirms and authorizes the online transaction
  5. The buyer’s bank transmits funds to the payment processor
  6. The payment processor transmits funds to the merchant’s bank
  7. The payment processor forwards the stage of payment to the gateway – either authorized or declined
  8. The merchant gets the message of authorization or rejection
  9. The merchant acquires the funds for the sold item

These are the basic details of every online payment processing solution. But there are some more essential details.

Online Payment Software: Is There a One-Size-Fits-All Solution?

The direct answer is no. Yes, there was a moment when standard credit card payment processing services fulfilled the primary requirements of small online businesses. But things have modified, and the online payment processing Poland market has extended dramatically. This signifies that you don’t have to pay for less progressive online payment processing services that aren’t just what you require.

Every industry has its exceptions that require some traditional features counted to the basic strategy. The software allowing online payment processing Poland for online businesses varies from services created for the banking industry. Financial organizations have to handle a vast range of payment platforms– ATMs, point of sale terminals, eCommerce stores, and mobile payments—and assure data thickness in transactions. A car rental business with a nimble managing system, on the other side, requires to accept nimble cards and process huge transactions. Every industry has its own particular needs that affect the ability of business procedures.

What does the online payment processing market deliver?

The market delivers both turn-key services and custom software that includes particular problems and can be integrated with other companies’ payment software. Among the leading payment processing platforms that deliver a merchant account, the best payment processor, and payment gateway solutions are such giants as PayPal, Skrill, Stripe, Amazon Payments, and Google Wallet. The benefits of preferring them to contain:

  • Certified fraud protection and personal data security
  • Multicurrency payment processing allowance
  • Availability of payment services in multiple countries
  • User-friendly checkout experience
  • Personalized features
  • Easy integration with shopping carts

Still, there are some disadvantages. Some payment service providers do not subject to banking restrictions, so they can pause your account and therefore your funds at will. Other drawbacks comprise high rates for some kinds of online payment processing Poland, restrictions on the volume of transactions per day and charge per transaction, and security gaps.

Aspects of The Best Online Payment Processor

There are also a lot of online payment processing services (i.e. merchant accounts, occasionally with a payment gateway). These payment platforms vary in their tasks and integration options. Whereas, some software is better for analysis while some fit agile management best.

Another option is an open-source payment processing solution. But don’t think of this as free payment processing. An open-source platform still needs to be PCI-compliant (which charges around $22k yearly). Moreover, you will need to locate it and handle various nodes, and you will have to set up a connection with an acquiring bank or an online payment processor. There are many famous open-source payment processing platforms available.

In some circumstances, a custom payment system infrastructure for online credit card processing seems to be more beneficial than hosted payment services. However, expanding a business may need a more adjustable and robust system. With a custom processing service, you will need to have complete maintenance on your product, a payment solution that completely fulfills your business’s unique requirements. And license all APIs and procedures that you can then deliver to third parties.

Conclusion

One of the primary goals of online payment processing services is to be simple as pie and customers who purchase on your online store. In the background, yet, are the several moments it endures to process an online payment implicating a complete set of payment processes. What’s next, the option of a payment processing platform needs a sound business of research, comparison, integration, and even evolution.

If you are interested in fulfilling your online business’s payment processing requirements or delivering payment processing Poland for online businesses. So, you will have to explore payment processing service providers. The procedure of making such a complicated payment solution might assess your time and money. But it can also assist you in expanded sales, the scarcity of fees, and optimization of business operations. Go for InstantCharge and fulfill all your business’s unique requirements. Sign up and drop us a mail.

Best Online Payment Service Provider Get The Best One For Your Online Business

If you are one of the billions of online businesses taking credit card payments. It is essential to know what you will require to receive online payments successfully and safely. This is an important part of maintaining an online business that deals in products or services. A 2021 Federal Reserve report explores that 75 percent of online transactions are performed via credit or debit cards. Certainly, this payment craze will continue to enhance as more buyers shift to a more suitable cash-free lifestyle. Let’s read about what an online payment service provider means, how it functions, and what are the benefits of using this kind of service?

What Is An Online Payment Service Provider?

An online payment service provider (PSP) indicates a third-party company that delivers payment processing services to businesses that receive online payment modes. These payment modes may comprise credit cards, debit cards, e-wallets, cash cards, bank transfers, and much more.

Instances of payment service providers consist of Amazon Pay, PayPal, Stripe, and Square. PSPs are also called third-party online payment processing companies or payment service providers. Certainly, these payment processing providers assure that your online transactions are executed securely and efficiently.

How Does An Online Payment Service Provider Function?

An online payment service provider assists merchants in receiving digital payments. To accomplish this, the best online payment processors function with merchants, banks, and credit card networks to supervise the complete transaction procedure. The following example will summarize this payment procedure.

  1. After researching, a customer orders two academic books from any eCommerce website. When he performs this credit card payment. The payment information will be transmitted to the payment service provider.
  2. Then the PSP forwards the payment details to the credit card network.
  3. The credit card network will then send the buyer’s payment details to the issuing bank (the bank issuing the credit card to the buyer).
  4. Then the issuing bank will specify whether to authorize or reject the order founded on having enough funds and no doubtful activity. If authorized, the issuing bank will forward the result back to the credit card network.
  5. The card network will then transmit it over to the PSP. And which conveys the final result to the buyer and the eCommerce website.
  6. However, after the approval of payment. The credit card network will share the relevant amount from the issuing bank with the acquiring bank. The money will then transmit into the merchant’s account for the execution of the online transaction.

As you can notice, online payment processing Poland follows a strategic procedure. That assists merchants to accept payments from buyers’ bank accounts flawlessly and safely.

The Advantages of Functioning With An Online Payment Processing Provider

There are various advantages of preferring an online payment processing provider for your eCommerce business. Let’s take a tour of the main benefits below.

  • Receives multiple payment modes: Online payment processing services provide multiple payment methods via a single channel. Moreover, creating it effortless for buyers to select their chosen payment type. This promotes customer satisfaction and checkout experiences. Thus boosting overall business income. Online businesses are only required to spend a one-time setup fee and monthly processing fees.
  • Receives multiple currencies: Payment service providers also take payments in numerous currencies, enabling eCommerce businesses to sell products and services across the globe. This is essential if you intend to expand your business beyond the national borders.
  • Includes new payment methods fast and smoothly: Payment service providers automatically enable eCommerce businesses to include new payment modes. This is a critical part as payment sensations will resume growing. Certainly, businesses must deliver the recent payment choices for buyers (i.e., credit/debit cards, eWallets, and wearables).
  • Assures the safety of processed online transactions: Payment service providers transmit and accept transaction details through safety standards. This may also consist of SSL certifications, encryption, and tokenization. These security standards assure that only buyers can regard their payment information. And which assists buyers to consider your eCommerce business as a reliable payment service. Definitely, this faith is a motivation in consumers buying from your eCommerce site.

Let’s Dive Into Additional Perks of An Online Payment Service Provider:

  • Controls Fraud: Payment service providers will only authorize transaction requests after a buyer’s card details have been confirmed, and enough money is available. And there are zero indications of dubious activity. If these needs are not completed, the payment provider will reject the request and report to the buyer and merchant this decision. Certainly, this is an important security measure to reduce fraud costs that cost businesses money and induce headaches.
  • Delivers Monthly Payment Information: Relying on your business size, you may have profit from accepting monthly payment statements concerning all payments and transactions conducted to your online business. Similar to any business, it’s useful to resemble your transaction statements to assure everything is valid. PSPs deliver these statements as a segment of the service. If required, some PSPs will deliver instant reporting. And which may be perfect for businesses that accept thousands of payments daily.
  • Getting Accounts With Acquiring Banks: Payment Service Providers can assist businesses in setting up a merchant account with an acquiring bank. This is a vital step in taking credit card payments. Since payment providers may have current accounts with acquiring banks, getting a merchant account will probably take less duration.

Conclusion

As described in this blog, there are numerous advantages of functioning with a payment service provider. The most significant benefit is that these payment providers take care of the online payment processing for small businesses. As an outcome, this provides businesses more time to concentrate on fulfilling goals, increasing sales, and expanding. Certainly, online payment processing providers soften away eCommerce businesses’ concern about acquiring payments from buyers. Since these payment gateway providers take multiple payment methods and currencies. So, it is simpler for consumers to prefer their chosen payment method. Thus, buyers will be more potential to buy your products and services.

If your eCommerce business is exploring selecting an online payment service provider. Moreover, it is important to select a payment provider that manages payments safely. Since payment service providers are experts in payments. Also, it is critical to associate with a data protection firm that can reduce the risk of data breaching. At InstantCharge, we deliver payment tokenization to protected payment data in a way that does not impact online your business functioning. So, contact us now to see how we can assist you in protecting your confidential payment details. You can drop us a text or mail. You will get proper assistance from our payment experts as soon as possible.

Global Payment Online

Global Payment Online Provides Shortcut To Your Online Business Growth

The global world keeps flowing by global payment gateways. And payment gateways allow customers to make fast, and flexible. And it also helps in accepting online global payments and securing payments online with a reliable system.

In this blog, I will take you through the ins and outs of a global payment gateway. And we will discuss its contribution to moving your business towards success and accepting global payment online.

What Is a Global Payment Gateway?

A global payment gateway accesses and transfers payment data. It performs this process from a customer to the payment acquirer.

It verifies the customer’s card details securely to check if the transaction amount is available or not.

And to increase security, the payment gateway encrypts customer data. So, credit card data is confidential and transmits safely from the consumer to the acquiring bank. And then they will reach you finally. The payment gateway is usually a door between a customer and your merchant account in the process of accepting global payments online.

Because it is part of international payment methods. And that is available for businesses and customers.

What You Will Have To Understand About Global Merchant Accounts?

If you are reading about accepting global payments online with the help of global payment gateways. You will surely come across the term merchant account. So what does it mean and how does it work for you?

You will get a global payment online Poland from an international PSP (Payment Service Provider). High-standard banks may also provide you with a merchant account.

Because a merchant account and a payment gateway are not the same things. But you will have to get both of them for accepting payments from your customers. Here are the differences.

  • Merchant Account. It is a type of account where funds are held before being deposited in your account.
  • Payment Gateway. The global payment gateway authorizes or rejects an online transaction.

So a merchant account is a bank account that allows customers to receive payments. But don’t think that this is a business bank account. It is just a place where funds are deposited. And merchant providers have some strict financial regulations to follow. So InstantCharge’s gateways will also allow you for international and multi-currency accounts.

By having a merchant account. You can accept payments from all over the world and in different currencies.

What Is The Global Payment Method?

Global payments are a pack of APIs (Application Programming Interfaces).

And by having all of them, as a merchant, you can process and manage your transactions with APMs (Alternative Payment Methods).

And these alternative payment methods for global payment services comprise.

  • eCash
  • Net banking.
  • Direct Debit.
  • Digital wallets.
  • BNPL (buy-now-pay-later).
  • In-app payments.

All these payment methods are different from traditional payment methods. Like paper cash or via debit/credit card.

And thanks to the digital era, these alternative methods are highly secure and available. And that allows global transactions across previous unreachable zones. Moreover, that will help you to grow your business by taking global payments online.

How Does a Global Payment Gateway Function?

A global payments gateway performs these steps. And that allows a customer to complete a transaction.

A customer chooses the product or service they need. And that takes them to the checkout where they will need to enter their payment details.

  • As it is an online order. So the details are encrypted and then sent to your website server.
  • Then the encrypted data is then forwarded to the payment gateway.
  • And at that point, the transaction details are sent to your bank and then sent to your card association (as visa, MasterCard).
  • And then the bank receives this information and performs some security and fund checks.
  • The bank then forwards the information to the payment gateway. And that sends the data to your website.
  • And on the website, the data is processed and then sent back to you and the customer.
  • After checking if the funds are available. The funds are transferred and the transaction is complete.
  • And that will take place in around four to five seconds for local or international payments.
  • And it is an ultra-fast method that allows eCommerce businesses to grow in the digital era.

Which Is The Best Global Payment Gateway?

It depends on your business requirements and what you want to provide to your customers.

Most of the best payment gateways will allow your customers to securely pay on your website. Because they also offer a trustworthy user experience.

You will have to look toward these factors when going to choose a payment gateway. You will need a global payment gateway platform that offers you.

  • Reassurance for customers when they are going to purchase anything online.
  • Flexible payment plans according to your business’ budget
  • High-security standards.
  • Fulfill local, and international financial limits.
  • It helps in scaling up the opportunities internationally.
  • Trust international buyers who are using your store.
  • You can be able to deal globally.
  • InstantCharge delivers in all regions for your business. So let us explain how you will take advantage of increasing your sales.

How Does Instantcharge Support You In Your Business?

You can save time with an easy integration process by using InstantCharge. And with no need for coding experience. Because our platform will provide you with an excellent online checkout. So it is simple to set up and provide your business with these features.

  • Our platform helps you to generate the PAY buttons, where you only have to copy and paste HTML into your website.
  • Multi-currency payment processing.
  • Integration of our popular checkout page on your site. So that we can take care of your customer’s transactions.
  • Setup recurring billing payments with our subscriptions.
  • Secure payment processing
  • Exclusive business features
  • It provides an increment in your revenue.

You can also find InstantCharge’s pricing plans to see the charges applied. Because the fees may differ according to your business type. But we ensure you in improving the ROI of your business.

Why Prefer Instantcharge?

Let’s try InstantCharge once and take benefit of a global payment gateway that will help in expanding your business and accepting global payment online.

It is the correct area with many online payment solutions. If you have any issues regarding a global payment gateway? Please ask and feel free to reach us. Our payment solution support team will consistently be there for you.

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Accept Online Payments With An Ultimate Credit Card Merchant Account Solution

Every year it is becoming more typical for online businesses to accept online payments. Most ISOs, processors, and sponsor banks, do not like risks. In most cases, they refuse to provide their services to businesses with restrictions, and that results in only a handful of providers. That provides online services, and finding them is not an easy task.

Ordinary Offshore Merchants

The industry type, online transactions, location, or merchant’s credit card record can influence their business. However, merchants having issues with these factors are considered to be online merchants.

Many merchants have restrictions in the online industry. No matter how strong the business they have and most of them may also assume that they do not have future options to accept online payments. But actually, they are suitable candidates for a credit card merchant account.

Some examples of offshore businesses are as follows.

  • Online dating services.
  • Telemarketing.
  • Online Casinos.
  • Cryptocurrencies.
  • Collection industries.
  • Internet services.
  • Gems and other precious metals.
  • Lead Generation Services.
  • Software downloads.
  • Telemarketing.

How Can You Accept Online Payments?

You will have to submit a short application with previous processing statements. The acquiring bank and provider will then analyze those documents and then only after the approval of pre-application. Merchants will have to complete a full application and that requires submitting a more detailed application with supporting documents.

Documents Mandated For a Credit Card Merchant Account To Accept Online Payments

Merchants must provide information on the application about their business. And details of the services or products that the business provides. The application will also need information such as the business domain, forecasted transactions, and monthly volumes with information on their marketing strategies.

Documents required for pre-applications.

  • Completed pre-application form.
  • Last three months’ history of bank statements.
  • Last three months’ history of business payment processing statements.

And full applications will need these documents.

  • Additional application.
  • Certificate of Incorporation.
  • Driving license/passport of the business owner(s).
  • Void check from the business checking account.

Some additional documents needed for the application are as follows.

  • Address proof of the merchant with a utility bill.
  • List of shareholders.
  • Last two years’ annual business financial statements.
  • Copy of supplier contracts.
  • A business license is required for operating the business.
  • Bank reference letter for the owner.
  • Large-scale merchants have to provide financial statements and also most recent business tax returns.

Points To Contemplate To Prefer a Suitable Global Payment Services Provider

Merchants must find a credit card merchant account provider that has a good record and also deals with online merchants of a similar industry type to accept online payments. They should also deliver you with dedicated price support. Moreover, it has to provide supplemental attributes to control chargebacks.

  • Restrict additional charges. Do not prefer an offshore merchant service provider that functions on extended fees when trading with online merchants.
  • Be upfront and sincere. Merchants that ought offshore payment processing, must consult factors with their service provider concerning their business type and functions.
  • Examine testimonials from clients. Ideas of prior clients will be excellent concerns about how good or bad an image of an offshore merchant service provider is. Merchants must investigate and research their possibilities and get the proper company for the business’s necessities.
  • Know what they precisely offer. Merchants must go for an offshore services provider that can deliver the best grade services. An offshore payment service provider must understand how to manage merchant prerequisites by providing excellent services such as 24*7 assistance, troubleshooting, and administration.
  • Select adjustable terms. As business requirements can alter according to the time and assigning more expansive contracts or an automated revival feature is not correct. Merchants should go for the providers who can give adjustable span agreements.
  • Tax Obedience. Fundamentally, if you have an offshore bank account and merchant account, you have to manage tax compliance. So, ensure to manage proper tax advice from a registered tax experience.

How To Opt For The Right Credit Card Merchant Account For Your International Business?

It is quite essential to research before getting a processing credit card merchant account. Especially if you are running an online business, you must ensure that the payment service provider specializes in your type of business and the challenges and opportunities it faces. If you want to get a secure and low-cost credit card merchant account and accept credit card payments online, prefer choosing InstantCharge. InstantCharge is the top leading online merchant account service provider across the world. With InstantCharge you can get top reliability, convenience, and ease of payment processing services.

A Credit Card Merchant Account Varies From a Traditional Merchant Account. How?

A merchant account is known as a web-based technology that permits payment transfers ignoring whether the transferring payment is irrelevant to the source of payment service provider location.

Whereas, a credit card merchant account refers to a payment technology in which the mode of payment service is outside the merchant’s country. But in both of the scenarios, the merchant account works similarly to accept online payments Poland. Regardless of the customer’s country, it is powerful enough to receive payments securely and faster.

List Some Main Perks Of a Credit Card Merchant Account.

Some key benefits of a credit card merchant account are

  • Transactions processing volume. It has zero bar on transaction volume.
  • Multi-currency acceptance. You can accept online payments in multiple currencies.
  • Multiple credit card merchant accounts. You can handle all accounts for payment processing from a single dashboard.
  • Various jurisdictions have dissimilar laws. It doesn’t refer to tax guidelines only, even also other laws from foreign administrations and distinct foreign trade rates.
  • Process multiple credit/debit cards at once.
  • It reduces operating expenditures.

Pricing Structure For Credit Card Merchant Accounts

Due to charges involved with accepting payments in different regions with different currencies. The fees on a credit card merchant account are higher than traditional online accounts.

Businesses using global accounts will generally see prices starting in the high 5% range to 10% for many online accounts. And these fees do not include the reserves applied to accounts. And with maintenance and writing fees.

Reserves for Offshore Accounts

The use of reserves is the primary factor that all offshore accounts share. Reserves are a predefined or fixed amount sent to the payment processor during the payment processing. Reserves lie between 5% to 10% of the monthly volume and are stored for six months. The first-month funds are released in the seventh month. And this type of account is called a rolling reserve.

Banks need reserves because of the risk associated with accounts. Businesses that have problems with chargebacks will usually have higher rolling reserves. And they are based on trust but in the offshore industry. But most banks will not free a merchant from a release agreement.

Hold Period for Global Funds

The average hold period for online merchant accounts depends on the bank. The business type, and the business model. Most banks usually hold funds for 10-14 days, and after that, they release those funds to the merchant. Businesses with good working history can lower those hold times to a couple of days. If they can also ascertain the grade of their sales. Hold times of reserves can be changed. But they will be listed in the contract signed with the offshore account provider.

Credit Card Payment Gateway

Any business needs to have a reliable and secure payment gateway. Especially when processing transactions offshore. However, accept payment gateways must be able to work with many different processing networks and balance transactions between accounts. And support the volume that many offshore accounts have without affecting security.

Global merchants must be provided with the best fraud prevention features. And those features will allow merchants to set the parameters for their business. And help in providing fraud and reducing losses without losing sales.

In most situations, offshore merchants use multiple accounts provided by different banks. But this does not happen with most merchants. Most businesses go for this setup when working offshore.

Do Merchants Need Multiple Accounts?

Having multiple merchant accounts is the best way to tackle payment stuck issues by depending on the merchant account. Because online merchants may face some problems remaining in business. However, as compared to the merchants that operate multiple accounts.

Moreover, operating with multiple merchant accounts can provide an increment in transaction volumes. And this will also allow merchants to increase the total sales of their business.

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Conclusion

If you want to open a credit card merchant account, speak to the consultants at InstantCharge. Because our experienced offshore merchant services team will work with your company. To set up as many special merchant accounts as per your business requirements. Contact InstantCharge today. And a credit card merchant account consultant will get in touch with you shortly.