Post by account_disabled on Feb 20, 2024 10:32:08 GMT
Through the processing center, funds are transferred from the client's account to the seller's account. To connect this service, you need to conclude an agreement with a bank or an intermediary, prepare the necessary documents and go through the verification procedure. For a small business, the commission can be significant, because the smaller the turnover and the frequency of transfers, the higher the percentage. But at the same time, banks guarantee payment security (3-D Secure and SecureCode) and the seller quickly receives the transferred funds. To simplify the connection of the payment system of the site, ready-made modules for CMS are provided.
For example, Liqpay is a development of PrivatBank, one of the most popular online acquiring services in Ukraine. Payment gateway A payment gateway is an intermediary service that directs the transfer to the seller's bank. The advantage of gateways is that France Phone Number they are not tied to banks and wallets, and customer data is encrypted. However, it is worth considering that connecting the payment system of the site using gateways will take more time than integrating one payment method. Also, in addition to the commission, the seller pays for a subscription to services. Payment aggregators It is an intermediary between the client's bank and the seller. This method will allow you to connect several payment methods, and the user will be able to choose the most convenient one.
The main difference from gateways is that the funds first go to the account of the aggregator, and then to the seller. Also consider the double commission. Like banks, aggregators charge a fee for their services. However, unlike Internet acquiring services, aggregators cannot secure payment, so the level of transaction protection is low. Operators of electronic money The electronic wallet works according to the principle of a bank account. To connect to the site of the payment system, you will need to sign a contract and integrate the payment form on the site. Please note that in some cases, operators allow you to withdraw from the account only a fixed amount or funds for a certain period.
For example, Liqpay is a development of PrivatBank, one of the most popular online acquiring services in Ukraine. Payment gateway A payment gateway is an intermediary service that directs the transfer to the seller's bank. The advantage of gateways is that France Phone Number they are not tied to banks and wallets, and customer data is encrypted. However, it is worth considering that connecting the payment system of the site using gateways will take more time than integrating one payment method. Also, in addition to the commission, the seller pays for a subscription to services. Payment aggregators It is an intermediary between the client's bank and the seller. This method will allow you to connect several payment methods, and the user will be able to choose the most convenient one.
The main difference from gateways is that the funds first go to the account of the aggregator, and then to the seller. Also consider the double commission. Like banks, aggregators charge a fee for their services. However, unlike Internet acquiring services, aggregators cannot secure payment, so the level of transaction protection is low. Operators of electronic money The electronic wallet works according to the principle of a bank account. To connect to the site of the payment system, you will need to sign a contract and integrate the payment form on the site. Please note that in some cases, operators allow you to withdraw from the account only a fixed amount or funds for a certain period.