Online Payment Problems? 5 Things to Look For in an Online Payment Solution

  • Added:
    Sep 03, 2013
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    1120
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Online Payment Problems? 5 Things to Look For in an Online Payment Solution Photo by Emily Taylor

E-commerce can be a little intimidating to the uninitiated. As businesses increasingly favor online transactions, it can be hard for people to keep up with all the latest tools and methods. How do you choose the best online payment solution?

It's always best to do your own research before committing to anything. There are several things to look for in order to find the best e-commerce processor and start sending money online. Once you understand all these points, shopping online won't seem so overwhelming and soon you'll be making online payments like a pro!

Payment gateways can do a lot more for you than you think, but looking out for these five important qualities will help you to avoid any online payment problems and to choose the right online payment solution!

  1. Security: The number one most important thing to look for an in an e-commerce processor is security. Make sure to use an e-wallet with a comprehensive suite of security tools including fraud protection and user information encryption such as 128-bit SSL encryption. Always ensure that the address is preceded by https:// - the "S" stands for secure.

  2. Usability: You shouldn’t have to bend over backwards every time to want to make an online transaction. Find a payments processor that’s designed to make purchases as simple and quick as possible. A good e-commerce platform should make your experience as painless and streamlined as it can be.

  3. Versatility: The ideal online payment solution offers flexible deposit and withdrawal options so that you can choose what works best for you. You should also make sure that your digital wallet can be used just like a physical wallet – anywhere. Part of the convenience of e-commerce is the ability to spend your money anywhere, any way you want.

  4. Affordability: Choose an e-wallet which displays its fees on its website – you don’t want to get caught spending a lot more than you meant to. It’s important for a payment processor to have good communication channels, both in customer service and social media, because it shows that they are trustworthy and willing to listen and respond to customer concerns.

  5. Accessibility: One of the joys of e-commerce is the ability to purchase goods from almost anywhere in the world, so naturally the more global the e-wallet, the more useful it will be to you. Payment gateways which are able to support users from both established and under-serviced marketplaces will give you the most freedom of choice online.

Payment gateways can do a lot more for you than you think, but looking out for these five important qualities will help you to avoid any online payment problems and to choose the right online payment solution!

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For more tips on choosing the right e-commerce processor, see Five Things You Need to Know About E-Wallets Before Moving Forward, or you can get started right away with the Payza payment gateway, the global online payment solution!


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