It is not easy to separate the payment gateway and shopping
cart. There is need for the shopping cart when it comes to the online business. Let
me take the liberty of differentiating between a shopping cart and associated
payment gateways. Shopping cart is the backend software that enables you to
sell products online whereas payment gateway is a service without which a
business cannot accept money for goods/services sold. Personal and financial details
submitted on e-store are transmitted to payment gateway
service, which then securely routes the information through the
relevant financial networks. Upon real time confirmation, your transaction
appears completed. It’s just like you have gone to a grocery store and on
checkout, you are asked for mode of payment - cash or card or voucher. For
your convenience, store has partnered with different agencies for being able to
accept money, and these are payment gateways.
The transaction fees for payment gateway: One will have
to do the homework regarding transaction cost per sale that can have an impact
on the profits. Check the shopping cart provider regarding availability of the
custom option without over the top investment. At UNICORN, we are offered the
best.
Using the payment gateway for the business
In the present digital age, many businesses are creating the
presence online. If the business accepts credit cards online from different
customers, payment gateway becomes crucial for the day to day business. For
making an online presence, it is quite important to understand the gateway. By
the help of the payment gateway
for tech support, the customers have a secured place as far as the
payment of the merchandise is concerned. By integrating gateway and shopping
cart to web page, you can receive the payments for the particular orders in a
secure manner online without remembering to batch out the terminal by the end
of the day. For the merchant, the gateway is a benefit. There are gateways
available with many features. This makes operating the business less time
consuming and easy.
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