ECOMMERCE PAYMENT GATEWAY IDEAL FOR ECOMMERCE BUSINESSES

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eCommerce Payment Gateway Ideal for eCommerce
Businesses

• WebPays.com

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eCommerce Payment Gateway

• An eCommerce payment gateway is a service that
  permits you to process credit card payments for
  eCommerce businesses, there are multiple options
  for payment gateways. But they best convey a few
  extra features and there are some factors to look
  for.
• Data Encryption. As all the gateways deliver some
  level of encryption. It is essential to sponsor a
  payment gateway with a powerful track history.
  Most businesses are operating online. So hackers
  attempt to interpret the data is transferring.
• Tax Calculation. If you are preparing to sell to
  customers outside your state. Taxes will be
  different, let your payment gateway provider
  manage those estimates.

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What is the process of eCommerce Payments?

• When a customer buys anything online, they pay
  online. That payment must obey these steps before
  the merchant accepts the payment. Let us explore
  some steps
• Checkout. At first, the customer undergoes the
  checkout process. Then enter the payment
  information
• Transmitting information. Their credit card or
  any other payment information is acquired by a
  secured payment gateway and it is then encrypted
  and transmitted to the payment processor.
• Issuing bank authorization. If you are operating
  a credit card the payment processor authorizes
  the issuing bank and also if the transaction is
  fair.

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What is the role of Payment Gateway in an
eCommerce business?

• An eCommerce payment gateway is an intermediary
  in a transaction and it handles most steps of the
  payment process. It also contains analysis and
  the transmission of transaction data then
  permitting the transfer of funds between a
  customer and dealer.
• It also ensures that dealers dont regard
  sufferers of fraudulent sales by communicating
  with banks to assure transactions are fair. Data
  encryption counts as an additional layer of
  security on the customers end.
• Let us analyze the best payment gateway for an
  eCommerce website.

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B2B Payment Services

• For B2-B eCommerce businesses there are identical
  kinds of payment systems. But they contain some
  additional features as given below.
• Creditworthiness examining. B2B sales have a
  much-increased value. So they mustnt fall into
  the same and the best B2B payment systems review
  a buyers creditworthiness to assure they can
  pay.
• Escrow Service. Escrow functions by temporarily
  storing money by a third party until a
  transaction is finished.
• Integrated reports. Reporting is necessary for
  all businesses but more for B2B businesses. In
  B2B, transactions take a long time and have a
  higher value.

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Conclusion

• We at WebPays will provide you with the best
  eCommerce payment gateway services for your
  eCommerce Business. Feel free to contact us and
  drop us a mail. We are glad to help you.

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• ThankYou