Wednesday 20 July 2016

Payment Gateway Integration Into Mobile Business Applications

The retail e-commerce trade in India is growing at an exponential rate. It stands at around $17.5 billion and has registered a massive 8 fold growth from the year 2012. Retail-e-commerce will have a 1.4 % share of the total retail business in India by the year 2018.  Hence, the implications of a mobile App for business are immense, as there are around 204.1 million smartphone users in India. Your business app can be fully integrated with a payment gateway, so that the smartphone users can buy any of your products or services while on the go as well, through the payment gateways in Android smartphones. The payment gateway integrated mobile Apps bring a whole new segment of customers within the reach of your online business, and the futuristic Apps will surely add to your business revenues and provide you with tremendous growth.

The Workflow of a Payment Gateway in Android, and Other 
Smartphones

A payment gateway can be seamlessly integrated within your mobile App, and the process is simple, fast and efficient.

● The customers use your business application. The business application displays the embedded payment page when the customer is ready to make an in-app purchase.

● The customer then enters the credit/debit card, net banking or other payment mode related information. One thing to be noted here is that only the best of payment gateway providers can provide you more than 100 payment collection options for your e-commerce website or smartphone applications.

● The payment gateway then sends the details of the payments to the respective card issuer bank to validate the credit/debit card details entered by the customer. The best of payment gateway providers offer you SDKs for all smartphone operating systems including Android, iOS, and Windows smartphones.

● The payment gateway in Android confirms the payment information from the issuer bank and sends the response back to the merchant.

● The control always remains with the mobile App with the help of SDKs provided by payment gateway.

As you can see, the whole process is simple and effective and does not require any efforts on the merchant’s part. The payment gateways for Mobile Apps,as offered by the leaders in the segment, are also quite safe, as they comply with PCI: DSS 3.0 norms and have the 128 bit SSL or the Secure Sockets Layer technology, for offering exceptional and full-proof data security.

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