Merchant is high-risk account holder. Market place have extended beyond limits and instead of buying a shop/store and sitting there throughout the day to sell your product and services, all you need is a system witha website to market your product. Nowadays, you can buy things online or through telemarketing at your convenience, without wasting your time and being present physically in the shop. Now let us understand the term telemarketing.
The industry of Commerce is blasting off with the newer generation. The world wants to sit back, relax and order online. Thus, you must give the consumers the convenience to pay online for the products or services. To accept payments you need a payment gateway that will channel the transactions to your merchant account. Here is why you need a payment gateway for your business.