Five things to consider in an ecommerce payment gateway for your Magento 2 Website

Your website’s Magento payments are by far one of the most important aspects. Without the payment gateway, there’s really no point in selling your products.

In this blog, we’ll take you through a few relevant things to consider when you plan to install a payment gateway.


Five things to consider in a payment gateway for your website

You can select a proper payment gateway provider by checking out these five factors:

1.       Various payment options: Not all customers use the same payment source for a transaction. Some may use PayPal or similar third-party apps, while some may use direct bank transfers, and others cash on delivery. So, if your payment gateway provider offers you multiple options for Magento credit card processing, then expect a sales increase. So, you have to make sure that your payment accepts different types of payment options.

2.       Ensure easy usability: When installing Magento payments, you need to make sure that they’re easy to use. This means that a transaction should be easily sent into your bank account. A non-intuitive and complex interface will only create complications for you and your customer.

3.       Transactions are safe and secure: You don’t want your brand to gain the reputation of not providing a secure payment platform. So, as your Magento site optimization developer works on building your website, the payment gateway should be secure with necessary security patches. Otherwise, your customer will abandon the cart before making a payment, and head over to your competitor. Also, you might read a public stinker on your brand’s social media page about being a non-secure brand.

4.       Supports commerce and open source: We hope your business grows, and for that, you’ll need a payment gateway that can take in more payments. So, make sure that all Magento payments are supported based on Magento open source and Magento Commerce.

5.       Easy on your pockets: Choose a payment gateway that does not exceed your budget. Providers always charge extra fees for additional services, and that’s normal. However, select the ones that fall within your ability to pay.

What can go wrong with your payment gateway?

We don’t want to ruin your chances of getting a good provider, so make sure you consider these additional factors as well. Reality is that payment failures are bound to happen, which is why you need a Magento site optimization developer expert. They can effectively manage problems like payment gateway misconfiguration, issues when the gateway is down, expired cards, banks not issuing a transaction, fraud detection, etc.

You need to also be aware about cards getting canceled by the issuing banks, closed accounts, incorrect input of information, insufficient funds, and not accepting credit cards, among other issues.

To avoid these mishaps from happening, or ensuring that an expert is on-board to tackle payment issues, we’ve got you covered. Our Magento developers can help keep your ecommerce website up and running. Remember, problems are bound to happen, it’s the expertise you need to tackle them.

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