Three Things to Look for When Choosing the Best Payments Gateway Company

We all know that the trend of online shopping is catching more and more speed with the passage of time. New online stores are popping up every year, and they are being powered by the services of payments gateway companies. But, not all payment gateway services providers offer top notch services. In this regard, however, you can surely rely on the services of E-Billing Solutions Pvt. Ltd. (EBS), part of Ingenico Group. EBS is one of most preferred and leading payment gateway company in India which gained a tremendous reputation in and there are reasons behind it.

EBS payment gateway services offers a smooth and hassle-free experience from the perspective of online merchants and their respective customers. Once you know about the vital aspects, it will be easier for you to shortlist the best payment gateways in India.

3 major aspects you need to focus on

●     Success Rate- The best payment gateways always make sure the rate of success when it comes to making payments remains over 90 percent. No doubt, when customers make payment, they expect everything to happen in a smooth way, without any kind of technical glitch. The success rate of EBS has always remained quite impressive.

●     Payment Options- It would be really unfortunate if some of your customers are not able to make payment because the gateway does not support their cards. This kind of issue not only affects your online sales but also creates a negative impression in the mind of your customers.

●     Settlement Time- Once your customer makes the payment, the amount should get credited to your bank account in the next 24-48 hours. This is how the best payments gateway companies work. When the payment reaches your bank account in  24-48 hours, then it becomes easier for you to manage your funds and get accurate data related to your business sales. In this regard, you can surely depend on the swiftness of EBS services.

So, those were the three major factors that one should look at when selecting a company for its payment gateway services. Online reviews can tell you a lot of things about the performance, technical support, reliability, and brand value of these companies. If some service provider is charging you unusually low MDR (Merchant Discount Rate), it does not necessarily mean that the service quality will be poor. You just have to compare the aspects and then make your decision.

Offering Useful Information Related To International Merchant Account

With the inception of the internet the world became closer and through E Commerce, the global market got better. But what made E commerce better, was the inception of International merchant accounts from reputed companies like EBS. Because of international merchant account people from other countries are able to purchase products from e Commerce sites.

The payment gateway provided by EBS is capable of processing payments through a wide range of payment options, such as VISA card, MASTER card, Digital Wallets, IMPS, Cash Cards, PayPal, etc. Having a payment gateway that accepts payment options of other countries definitely helps in expanding the present customer’s base.

As per some reports, the amount related to the worldwide eCommerce sales in the year 2016 was around 1.9 trillion USD. If the current growth rate is considered then the amount will cross the mark of 4.5 trillion USD by the end of 2020. So, these data certainly hint towards the fact that the potential is associated to the global eCommerce. If you want to reap the benefits of the online market, then you have to make sure the payment gateway international service provider, selected by you, is good enough.

Selecting the Best International Merchant Account

Like we all know, the number of mobile or smartphone users, around the world, is rising at a rapid pace. So, when you look for a payment gateway, for your business, you need to make sure that the provider of international merchant account for receiving payments is compatible with Android as well as iOS based devices. EBS is one such service provider that supports a wide range of devices, such as laptops, smartphones, tablets, etc.

Language option is the next biggest aspect you need to focus on. Since we are talking about international eCommerce, we cannot ignore the issue of language barriers.

Once you pick a good payment gateway of international level and which accepts international payments, you can surely expect good ROI from your international customers.