Samer El Bizri

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Online Payment Processing System for Business

  • By Fred J. Brown
  • 16 Nov, 2017
The services rendered by a Payment Gateway Provider are good solutions for any company that runs its business activity with the help of the Internet. They enable website customers to pay for offered goods and services using debit or credit cards (such as, for instance, Visa, MasterCard, American Express, etc.). To complete the purchase process a customer should visit company's website, select a certain product or service and enter his or her credit card details. The transaction settled through Online Payment Gateway will be processed automatically. The entire procedure takes no more than a couple of minutes.

In order to integrate your website with the effective system, you should choose a Payment Service Provider in accordance with your business type, targeted market, transaction volume, budget, type of distributed goods or offered services, etc. Keep in mind that some companies delivering processing services may orient at a certain business area (high-risk or low-risk merchants) or provide its services only for local companies. If you want to compete on the global scale, you need a Payment Gateway Provider that supports a wide range of currencies, multiple payment methods and offers shopping card integration.

The usage of Online Payment Gateway has a number of benefits. First of all, you will be able to provide the enhanced system of cardholder security and ensure the highest level of data protection. In addition, the best online processing technologies offer efficient fraud prevention measures. Having such solutions, you will be known as a reliable and trustworthy merchant. Secondly, it provides a good opportunity to monitor the online sale level. The comprehensive transaction data management and reporting as well as instant notification scheme delivered by a Payment Service Provider enable to receive necessary information automatically and without any delays informing about the number of processed transactions and amount of funds transferred on company's account.

It does not matter whether your company is large or small. It is obvious that all types of merchants and businesses can benefit from the services offered by a Payment Gateway Provider. At the present time Online Payment Gateway has been successfully integrated with a large number of websites.

Samer El Bizri is CEO of the Zeconomy, Inc. Zeconomy Provides business-to-business online payment services designed to access liquidity from anywhere in supply chain. The company's business-to-business online payment services are automated and secured, enabling businesses to trade liquidity for price discounts far beyond their direct customers and suppliers without increasing credit risk.

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