Payment Gateways in Sri Lanka
In order to accept credit card payments, every ecommerce website or application must be connected with a payment gateway. Our team can assist your business in fully realizing the ecommerce potential of your website by seamlessly integrating multiple payment gateways.
What is a Payment Gateway ?
A payment gateway is an e-commerce service that facilitates online transactions by connecting the merchant’s website or application with the payment processor or acquiring bank. When a customer makes a purchase on an e-commerce website or application, the payment gateway securely collects and transmits the payment information to the payment processor or acquiring bank for authorization and settlement.
What is Payment Gateway Integration?
Payment gateway integration refers to the process of connecting an e-commerce website or application with a payment gateway. This involves configuring the payment gateway settings, such as currency, payment methods, and transaction fees, and integrating the payment gateway’s application programming interface (API) into the website or application’s checkout process. Payment gateway integration ensures that online transactions are processed securely and efficiently, allowing businesses to accept online payments and increase their revenue streams. This is usually done by an experienced web developer.
Services provided by a payment gateway
Payment gateways provide a variety of services to facilitate online transactions. Some of the services provided by a payment gateway may include:
Payment gateways process credit card and other electronic payments securely and efficiently.
Payment gateways use sophisticated fraud detection and prevention tools to minimize the risk of fraudulent transactions.
Payment gateways can convert payments from one currency to another, allowing businesses to accept payments from customers all over the world.
Payment gateways can handle recurring payments, such as subscriptions or membership fees, automatically on a regular basis.
Payment gateways provide mobile-friendly payment options, such as mobile wallets or mobile card readers, to facilitate payments from mobile devices.
Payment gateways provide businesses with tools to track and analyze their payment transactions, allowing them to optimize their payment processing and improve their financial management.
Payment gateways can be integrated with other business systems, such as accounting software or customer relationship management (CRM) systems, to streamline operations and improve efficiency.
Integration with the model’s social media profiles, allowing visitors to easily connect with them on other platforms.