Hi there.
In simple terms, a payment gateway is a special service that provides processing of electronic payments. At the same time, there is a secure exchange of information and confidential data. Such services propose to simplify the payment process as much as possible for both buyers and organizations themselves that establish a payment gateway on their website:
- A customer wants to pay for the service or products in the store using cryptocurrency. He chooses a special icon on the website when making a payment and sends the required amount of cryptocurrency to the address generated by his device (computer, tablet, phone), which appears just in 1 click. Customers do not need to convert digital currency into hryvnia with predatory interest, so it is much more profitable to pay directly for purchases.
- A payment is quickly converted into any currency and displayed in the personal account. Further, with these funds, you can do anything you want - to withdraw to a bank card or a checking account, transfer to your own cryptocurrency wallet, etc.
There are several providers that can set up a payment gateway on your website and choose the right one, you should understand the following:
- Money gathering. The fee-gathering structure is different for every payment provider, so make sure it is comfortable for you.
- International acceptable. To receive money from customers all over the world you should be ensured that your gateway allows international payments.
- Experience in working with clients.
- You should look for a payment gateway that allows you to accept all major credit and debit cards, as well as integrate with all major stores to reach a larger audience.
- Network security. Data security must be the main priority while looking for a payment gateway. All customers have to be ensured that their banking information is in reliable hands.
So choosing the right payment provider is vital for your business.
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