{"id":868,"date":"2022-11-30T12:08:07","date_gmt":"2022-11-30T12:08:07","guid":{"rendered":"https:\/\/tycoonverse.com\/tribe\/?p=868"},"modified":"2022-11-30T12:19:23","modified_gmt":"2022-11-30T12:19:23","slug":"3-tips-for-choosing-a-payment-gateway","status":"publish","type":"post","link":"https:\/\/tycoonverse.com\/tribe\/recent\/3-tips-for-choosing-a-payment-gateway\/","title":{"rendered":"3 Tips For Choosing A Payment Gateway"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/tycoonverse.com\/tribe\/wp-content\/uploads\/2022\/11\/a41-1024x427.jpg\" alt=\"3 Tips For Choosing A Payment Gateway\" class=\"wp-image-870\" srcset=\"https:\/\/tycoonverse.com\/tribe\/wp-content\/uploads\/2022\/11\/a41-1024x427.jpg 1024w, https:\/\/tycoonverse.com\/tribe\/wp-content\/uploads\/2022\/11\/a41-300x125.jpg 300w, https:\/\/tycoonverse.com\/tribe\/wp-content\/uploads\/2022\/11\/a41-768x320.jpg 768w, https:\/\/tycoonverse.com\/tribe\/wp-content\/uploads\/2022\/11\/a41.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p style=\"font-size:17px\">If you are a retailer and you do business online, what do you do? You can swipe your credit card through a point-of-sale device when you purchase gasoline, coffee, and donuts from your local convenience store. Your customers don&#8217;t have card-swiping devices on their PCs! If you want to process that information, then you must find a way to do so. For online retailers, that&#8217;s what a payment gateway does.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:25px\"><strong>What is a Payment Gateway?<\/strong><\/h2>\n\n\n\n<p style=\"font-size:17px\">A payment gateway allows online merchants to accept credit card payments via the Internet, such as e-store owners or auction sellers. Banks describe it as &#8220;the technology needed to complete a payment transaction.&#8221; the process of authorizing credit involves checking that the cardholder has enough money to cover charges on their card. They hold the money for a while to prevent the buyer from spending the same money elsewhere before it gets transferred to the retailer&#8217;s merchant account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\"><strong>A Payment Gateway is Not a Merchant Account<\/strong>?<\/h3>\n\n\n\n<p style=\"font-size:17px\">There is a common misconception that merchant accounts and payment gateways are the same. The main function of merchant accounts is to act as a liaison between your business bank account and the payment gateway. Customers&#8217; credit card is processed through your payment gateway when they order a product from your online business. Afterward, the money is transferred to a merchant account. The merchant account service transfers those newly captured funds to your business bank account.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" style=\"font-size:25px\"><strong>3 Tips for Choosing a Payment Gateway<\/strong><\/h4>\n\n\n\n<p style=\"font-size:17px\">1. Does it comply with PCI? Usually, this means that the company&#8217;s security has been audited by a third party and has been approved to meet industry standards. With payment gateways storing all your customers&#8217; credit card information (saving you the hassle), you can also rest easier at night knowing it&#8217;s safe and secure.<\/p>\n\n\n\n<p style=\"font-size:17px\">2. Support from the customer is good.<\/p>\n\n\n\n<p style=\"font-size:17px\">3. Lastly, the payment gateway you choose should be integrated with the third-party solutions you plan to implement. Your gateway must be compatible with various applications, such as storefront platforms and shopping carts.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" style=\"font-size:25px\"><strong>Conclusion<\/strong><\/h5>\n\n\n\n<p style=\"font-size:17px\">Payment Gateways offer a variety of security features that can help you avoid becoming a victim of fraudulent orders, in addition to allowing you to collect funds from your sales. Both you and your customers will benefit from them in the long run\u2014they&#8217;ll make running your eCommerce business less stressful. To know more, visit &#8211; <a href=\"http:\/\/tycoonverse.com\" target=\"_blank\" rel=\"noreferrer noopener\">Tycoonverse<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are a retailer and you do business online, what do you do? You can swipe your credit card through a point-of-sale device when you purchase gasoline, coffee, and donuts from your local convenience store. Your customers don&#8217;t have card-swiping devices on their PCs! If you want to process that information, then you must [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1,7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3 Tips For Choosing A Payment Gateway - Tycoon Tribe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tycoonverse.com\/tribe\/recent\/3-tips-for-choosing-a-payment-gateway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Tips For Choosing A Payment Gateway - Tycoon Tribe\" \/>\n<meta property=\"og:description\" content=\"If you are a retailer and you do business online, what do you do? 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href=\"https:\/\/tycoonverse.com\/tribe\/category\/recent\/\" rel=\"category tag\">All Recent<\/a> <a href=\"https:\/\/tycoonverse.com\/tribe\/category\/technologies\/\" rel=\"category tag\">Technologies<\/a>","rttpg_excerpt":"If you are a retailer and you do business online, what do you do? You can swipe your credit card through a point-of-sale device when you purchase gasoline, coffee, and donuts from your local convenience store. Your customers don&#8217;t have card-swiping devices on their PCs! If you want to process that information, then you must&hellip;","_links":{"self":[{"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/posts\/868"}],"collection":[{"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/comments?post=868"}],"version-history":[{"count":1,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/posts\/868\/revisions"}],"predecessor-version":[{"id":1907,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/posts\/868\/revisions\/1907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/media\/870"}],"wp:attachment":[{"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/media?parent=868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/categories?post=868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tycoonverse.com\/tribe\/wp-json\/wp\/v2\/tags?post=868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}