Thursday, November 29, 2018

Online Payment Gateways and their Characteristics

In order to accept payments online in Qatar, you must need an online payment service for the Middle East. If you run an e-commerce or woo-commerce store, you’d be interested to know that e-commerce market is expected to grow to $2.2 billion by 2019, a direct raise of $1.2 billion this year in Qatar alone. So it’d make sense for you to engage an online payments gateway system to secure your cash flow so you can focus on the business side of the things. Only if it will ensure that your competition is An online payment service enables the data transaction from the merchant to the acquiring bank. It accepts payments online on behalf of its e-commerce clients and handles the currency differences.




Online Payment Gateway Characteristics & its Significance for Your E-Commerce Business

Data Encryption: As an online business, you are likely to be concerned about the security of your data, your client’ data, and that concerns are valid in the lieu of online security threats. That’s why online integration services use data encryption to protect it against malware and online theft.

Payment Authorization Request Sending: When the cardholder inserts his information for the checkout, the payment gateway service ensures that the required funds are present in the account or if the lending company verifies it. Upon receiving the answer, the order is processed accordingly.



Processing the Order: The order processing ensues whether the online vendor confirms the order or denies it.  Your customers can adjust the recurring billing options to match their needs or they can proceed to one-time checkout.

Security: Security is the main concern for both online vendors and customers. If you are considering payment gateway services in Qatar, you should ask your provider if they comply with PCI DSS standards. For instance; Payments Me is a PCI DSS level-1 certified company that accept payments online in Qatar.

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