Selecting the right payment gateway depends on your ecommerce platform, the size of the ecommerce store and the kind of payment processing needed. You will have two options.
Hosted Payment Gateway
Visitors to the store are redirected to a secure payment gateway on a third-party platform for completing the purchase. They will be asked for the payment information there, which means you don’t have to do much and don’t need to worry about the PCI compliance either. Everything is handled by the third-party payment processor.
Integrated Payment Gateway
Visitors to your store make the payment within your website itself and don’t need to go anywhere else. The payment processing is smooth and professional, allowing for a superior user experience. But the system is difficult to implement and you will need to consider PCI compliance since your store would collect personal payment information.
Is there a better way to do it?
Yes, Open Source Payment Gateway is a perfect multi-channel payment gateway that works as either an integrated or hosted payment gateway. You can implement in your online store as well as in your brick-and-mortar stores. Contact us to know more.