Accept Online Payments – global payment online

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.

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:

The customer selects a product and keeps out their credit/debit card
The merchant introduces a payment
The payment gateway securely transmits the payment details to the payment processor
The payment processor confirms and authorizes the online transaction
The buyer’s bank transmits funds to the payment processor
The payment processor transmits funds to the merchant’s bank
The payment processor forwards the stage of payment to the gateway – either authorized or declined
The merchant gets the message of authorization or rejection
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.

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.
Then the PSP forwards the payment details to the credit card network.
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).
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.
The card network will then transmit it over to the PSP. And which conveys the final result to the buyer and the eCommerce website.
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.

Payment Gateway Provider Delivers The Best Online Payment Services

Nowadays eCommerce business is rapidly growing in Poland. Most small and big merchants are shifting their business online. So if you are thinking to start your eCommerce business. You will require a payment gateway provider for accepting online payments from your customers.

A payment gateway not only allows you to accept online payments. But it also lets you manage your transactions easily. And track your sales volumes. With a lot of information available on the internet, selecting the right online payment providers for your website can be a little confusing. So let us understand the concept of a payment gateway.

What is a payment gateway?

A payment gateway functions as a mediator between a merchant and a consumer. And that allows the customers to make the payments by providing payment options. It is a third party that enables the customer to pay. And it allows the merchant to accept payments in a safe and secure environment. It is like how you make the payment at any physical store by swiping the card. And now you are making a digital payment on the website.

What is the Procedure of a Global Payment Gateway?

When a customer clicks the buy now button, an order is placed on the website.
And then merchant sends the order information to the global payment gateway. The customer makes the payment with their choice of payment mode. The transaction is connected to the payment processor for authentication.
After successful authentication, the issuing bank will authorize or decline the transaction. And it depends on the funds available in the customer’s bank account.
Then payment gateway forwards a message to the merchant.
And after that, the issuing bank settles the amount with the payment gateway. Then the amount is settled by your payment gateway.

While You Are Going To Choose a Payment Gateway Provider. There Are a Few Parameters that You Should Keep in Mind.

Some necessary parameters while selecting a payment gateway provider are as follows.

1. Onboarding Time. Getting started with all the formalities of the payment gateway of your eCommerce business cannot be a hurdle. And there are some payment gateways with a time-consuming onboarding process. That will take around one month to approve your merchant account. Sometimes you may have to provide a long list of business proofs or physical documents. So if you are new to the eCommerce business, the delay may affect your sales volume. You will have to choose an international payment gateway provider that has fast onboard services. As it almost takes less than a week to approve a merchant account. And the document submission and verification process should be online.

2. Online Security. Nowadays, many online frauds are increasing rapidly as data breaches. Identity theft, and hacking as well. So, it is necessary to ensure the payment gateway. What you are going to use provides high-level security also. You should audit all the security measures that will prevent any fraud. The one thing that should be on your checklist at first when you are looking for a payment gateway is the PCI DSS certificate. Because a PCI DSS compliant payment gateway will provide you with a valuable feature. And informs customers about their safety in transactions of your business.

3. Easy Integration. It is essential to check if the payment gateway supports your website or app platform.

Does it consist of a plugin for your shopping cart?

Does it include mobile SDKs for your app?

Do they provide you with technical assistance? If your payment gateway includes all these features, you can continue working with it.

4. Payment Modes. Having various payment options makes it easy for your customers to complete the transaction in their desired mode of payment

Let us Explore Some Additional Factors that You Will Need to Consider:

1. Settlement Period. The settlement period is the duration within which a merchant receives the money. That a customer pays for the purchase made on the eCommerce store. You will have to discuss your settlement period. But may you will have to pay extra charges if you want that your funds are settled in less time. Most payment gateway providers have a settlement time of T+1, T+2, T+3, and so on. And T stands for transaction date plus no. of days.

2. Customer Service. If your account is approved, and you have done with the integration of the payment gateway on your website. But what if you are stuck with an issue and unable to get support from your payment gateway provider? Then your payment gateway provider should provide you with customer service to solve your problems. They should be available 24*7 via email and chat. After all this, the customer support team can make or break the company’s reputation.

3. Costs. Your last priority should be the cost of your payment gateway. So you will need to compare the pricing of all the gateways and then find which one is affordable or fits in your budget. Some payment gateways charge annual maintenance fees and set up fees. You should ensure that there are no hidden or e0xtra charges. Because they can impact your profit margin. And you will need to research if they provide any personalized rates for particular transactions.

Conclusion

InstantCharge has all of the above features in its payment gateways. And more than you will require to accept online payments for your eCommerce business. For more information, you can visit our website and contact us anytime. You can acquire your online business with suitable payment gateway providers that can deliver the best payment services.

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Payment Gateway Integration For Your eCommerce Website

Accept Global Payment Online With A Global Payment Gateway Solution

Online Payment Service Provider Offers Easy Payment Processing

If you are one of the millions of online businesses taking credit card payments. It is vital to know what you need to accept online payments successfully and securely. This is a significant part of supporting an online business that trades in products or services. A 2021 Federal Reserve report finds that 77% of online transactions are performed by credit or debit cards. Undoubtedly, this payment disposition will persist to expand as more customers turn to a more opportunely cashless lifestyle. Let’s research what an online payment service provider is, how it functions, and the benefits of using this payment service.

Online Payment Service Provider PSP?

An online payment service provider (PSP) indicates a third-party company that gives online payment processing services to businesses that acquire online payment modes. These modes even comprise credit cards, debit cards, eWallets, net banking, and much more. Instances of payment service providers contain Amazon Pay, PayPal, Stripe, and Square. Payment service providers are also called third-party payment processing organizations or merchant service providers. These online payment gateway providers confirm that your online transactions are safe and reliable.

Advantages of a Payment Service Provider (PSP)

There are numerous benefits to preferring the international payment gateway providers for your online business. Let’s have an expedition to the great benefits below.Accepts Diverse Payment Methods.

Online payment service providers support numerous payment methods through a single platform. And compelling it easy for customers to choose their chosen payment mode. This enriches customer pleasure and checkout experiences. Hence stimulating broad business revenue. Businesses are only needed to pay a one-time setup fee and a monthly fee for the processing of online payments.Acquires Multiple Currencies.

Online payment service providers also support multiple currencies. It enables online businesses to deal in products and services globally. This is crucial if you want to expand your business exceeding the states.Adds New Payment Methods Quickly And Conveniently.

Payment service provider automatically facilitates businesses to count new payment modes. This is a paramount feature as payment movements will regularly develop. Businesses must offer the most delinquent payment methods for customers (i.e., cards, eWallets, etc.).Guarantee Transactions Are Securely Processed.

Online payment service providers forward and obtain transaction data via security measures. This may also comprise SSL (Secure Socket Layer), encryption, and tokenization. However, these security measures guarantee that only customers can inspect their payment details. And which permits customers to examine your business as faithful. However, this trust is an inspiration for customers purchasing from your online store.Control Frauds.

Online payment gateway providers will only permit transaction requests after confirming the customer’s credit card details, sufficient funds are available, and if there is no dubious activity. But if these requirements are not completed. The payment provider will refuse the request and notify the customer and merchant of this conclusion. Moreover, this is a crucial security step to decrease fraud charges that charge businesses money.Offers Monthly Payment Reports.

Leaning on your company size. You may get earnings by taking monthly payment reports about all payments and transactions conducted to your business. Similarly, it’s beneficial to correspond your transaction reports to confirm everything is correct. Also, payment service providers offer these reports as an essential part of the service. If needed, some PSPs will deliver real-time reporting. And which may also be ideal for businesses that take thousands of online payments every day.Fetching Accounts With Acquiring Banks.

Online payment service providers can also help businesses in obtaining a merchant account with an acquiring bank. This is an essential step in accepting credit card payments. Hence, payment gateway providers may also have existent accounts with acquiring banks. However, acquiring a merchant account will usually take less duration.

An Online Payment Service Provider Can Help Your Ecommerce Business

As said in this blog, there are different benefits of selecting an Online payment service provider. Yet, the most essential advantage is that these payment providers take care of the payment processing for online businesses. As a result, this delivers businesses more time to focus on completing goals, growing sales, and development.

Moreover, online payment service providers dissolve away businesses’ worry about taking payments from customers. So, these providers acquire a massive range of payment modes and currencies. It is fortunate for customers to pick their preferred payment method. Therefore, customers will be more confident to buy your products and services.

If your online business is favoring using an online payment service provider, it is essential to select an online payment gateway provider that handles online payments securely. Hence PSPs are specialists in online payments. It is crucial to connect with a data protection company that can lower the risk of data heist. At InstantCharge, we also provide payment tokenization to secure payment data in a way that does not influence your online business methodologies. Contact us now to see how we can help in securing your most discreet payment data.

Originally Published At https://instantcharge.co/best-online-payment-service-provider.php

Everything You Need to Know About Accepting Online Payments In Poland

Payment Gateway is a pathway that safely streamlines payment processing and accepting online payments in Poland. The payment gateways process confirms and approves or refuses the payments by using an ensured internet connection. The payment transfers between the merchant and the customers are taken via a secured payment gateway. In Poland, there are also various payment methods approved for eCommerce but online bank transfer is always on the head.

Poland has exceptional scope in the eCommerce industry and the digital marketplaces are increasing quicker than before. It is the most secure and professional method to trade in online financial transactions. You are also going to prefer services such as PayPal, Square, and some others. It relies on the kind of website being preferred and the web builder. Your customer’s payment details must be safe, and you will also pay yourself. Even it allows the processing of refunds, returns, etc.

Why Accept Online Payments in Poland?

If you want to smoothly accept online payments, payment processors are the best tool for you. Usually, with security and speed in mind, most payment gateways take less time on payment processing and more time increasing competitive benefits in an oversaturated marketplace.

A payment gateway is necessary both for the customers and merchants because they provide new chances for online shopping securely.

So, if you are already prepared to initiate accepting online payments. In this blog, you will also find everything that you need to know to select the best-suited payment gateway for your online business.

Members involved in Online Payment Processing

Customer/cardholder
Merchant
Issuer/Issuing bank
Acquiring bank
Card network

Some Features of Payment Methods in Poland

40% are online payment solutions providers with one-click checkout. Moreover, there are many other payment service providers in Poland including PayU, PayPal, Przelewy24, Tap2Pay, InstantCharge, and others.
30 percent prefer classic bank transactions. PKO BP, Mbank, Santander Bank, and Ing Bank are the top Poland Banks.
The third primary financial product is BLIK, used by 25% of customers.
16% of online transactions are managed via debit card processing.
18% of eWallets are used for eCommerce.

Features of Payment Gateway Poland

Accept local payments as well as expand globally. Specifically, expand your global market size up to 35% by receiving locally chosen payment methods. Your customers shop internationally and pay locally.

Increment in sales. 41% of customers state that a huge selection of payment options makes it simpler for them to pay more. More payment choices provide an increment in sales.

Improve conversion ratio. Lower shopping cart abandonment with one button that decreases the number of keystrokes required to checkout.

Voice/SMS Fraud Protection. Our voice/SMS verification is a method to recheck that the customer provided his real identity.

Payment Tokenization. Our payment tokenization feature also provides a security layer between you and your customers because no payment details are forward to your system and you keep insensitive details that may be beneficial to hackers.

Black/Whitelisting Features. Additional to the advanced fraud management system, you can also make your blacklists and whitelists, offering you control over who you want to partner with.

Daily Settlements Available. Now, with our daily settlements available, you don’t even need to wait to get the funds in your account, you will get the funds every day.

Widget Based Payment. The flawless payment flow also assures you to keep the customer on your website. However, the simpler checkout procedure refers to an increment in your conversions because there is a decreased amount of abandonment.

Conclusion

Payment gateways facilitate the online payment processing for your online business and help you in accepting global payments faster, easier, and with complete security. Internationally, with multiple payment methods available, choosing the right payment gateway is crucial because it stores your customer’s payment details securely. If you are even thinking to improve the payment services you are already using or need to get a new payment gateway for accepting online payments in Poland, feel free to contact InstantCharge.

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Payment Gateway Poland Provides Reliable and Authentic Payment Transaction

Online payments are an essential part of today’s businesses. According to the 2019 Payment Methods Report, global online transactions will exceed $4.6 trillion by 2022, with online shoppers utilizing more than 140 online payment methods, each with its dedicated user base.

Every entity that accepts payments, whether in the form of sales, fees, wages, donations, or anything else, must move beyond cash. However, simply allowing online payments isn’t enough to close every sale. Owners of e-commerce businesses must also make the online payment experience as user-friendly as possible.

Instantcharge is a leading payment gateway service provider in Poland. The company provides services to a wide range of businesses and provides simple payment gateway integration. For better risk management, the Instantcharge payment gateway has its fraud detection system. The system evaluates each transaction’s risk level and recommends appropriate solutions, such as payment blocking.

What Are The Popular Payment Alternative Solutions In Poland?

Electronic wallets

Digital wallets, and emerging payment methods, store customers’ account numbers and allow them to send and receive money online.

According to Worldpay’s 2020 Global Payments Report, digital wallets are now the leading payment method for online transactions globally, accounting for 42 percent of all internet-based payments in 2019.

In China, a digital wallet was used in more than 70% of all online transactions. In comparison, that figure stood at 25% in Germany, 32% in India, and 24% in the United States — but those figures are expected to rise, according to Worldpay projections.

Credit Cards, Debit Cards, and other forms of Payment

Payment cards are the second most popular payment method in the global e-commerce industry. Payment cards include credit and debit cards, as well as less common options such as charge and prepaid cards.

Credit cards are the most commonly used card-based payment method, accounting for 24.2 percent of global online payments in 2019. Debit cards were a distant see alternative in Polandond, accounting for only 10.6 percent of transactions.

The majority of payment gateways have access to popular card networks such as Visa and Mastercard. These payment methods are adequate for getting started, but as your business grows, you may discover that restricting your customers to cards increases cart abandonment rates.

Payment cards are the second most popular payment method in the global e-commerce industry.

Electronic checks and ACH payments

Online ACH payments, which include e-checks, increased by 6.7 billion transactions in 2019. These payment methods are still growing in popularity online, and merchants frequently have questions about them. Let’s define the distinction between ACH and e-checks.

Payment Methods Available Locally

Payment gateways that cater to local preferences, such as online/cash hybrids and bank transfers may be required depending on where you do business. SEPA Direct Debit in Europe, iDEAL in the Netherlands, and Giropay in Germany are some of the other unique local payment methods.

Cryptocurrencies

Cryptocurrencies such as Bitcoin, Ethereum, and Facebook’s beleaguered Libra may appear to be obscure novelties, but people do use cryptocurrencies to make online purchases. According to the Worldpay Global Payments Report, this payment method currently accounts for less than 1% of total e-commerce transactions worldwide — but if your customers prefer blockchain-based digital money, it’s a good idea to find a gateway that will allow you to accept cryptocurrency.

How does Online Payment Gateway Poland handle a transaction?

What is the function of an online payment gateway? The following is how a gateway assists a seller in accepting credit card payments online:

A customer chooses an item to buy and proceeds to the payment stage, entering a credit card number and authorizing information.
The gateway’s software encrypts transaction data before securely transmitting it to the payment processor, which is typically a bank-designated “acquirer.”
The acquiring bank routes the payment request to card processing networks (again, with strict data security). These networks are run by major credit card companies, such as Visa and Mastercard.
The card network verifies the card information, which adds another layer of security to the process. The payment request is then sent to the card’s issuing bank.
The issuing bank conducts another fraud check and confirms that the customer has sufficient funds to make the purchase. Then it accepts or declines the request and returns the decision to the payment gateway.
The gateway notifies both the buyer and seller of the results. If the payment is accepted, the banks involved settle the transaction, which means they transfer funds from the buyer to the seller.

This entire process, from start to finish, is nearly instantaneous. (On the other hand, settlements can take a few days.) The gateway serves as a link between your customers, your website, and the payment networks that enable digital fund transfers.

Design for Mobile Devices

Instantcharge offers one of the most secure Payment Gateways Poland. Suspicious transaction detection software, 3D-secure, and PCI DSS level 1 compliance are all fraud prevention methods.

The company currently processes seven major currencies and can process over 200 more. Currency is converted instantly at the current bank rate thanks to Dynamic Conversion.

Mail us
mcare@instantcharge.co