Payment Gateway Selection Factors

Payment Gateway Factors

A payment gateway is, mainly, intended for authorization of payments for your company. The payment gateway transmits cardholder data from one end to another in a safe fashion, and informs you about the approval of the payment so that your sale can be accomplished.

A payment gateway performs various procedures, both simple and complex. The choice of a payment gateway, capable of performing all the functions you need in the context of your business model is a matter of vital importance for your company. But how can you define, which gateway is the right one for your business?

In total, there are about 10 criteria, which can be considered decisive ones in the process of payment gateway selection. They concern gateway budget, ease of integration, settlement times, payment types, cardholder data security, availability of recurring billing functionality, technical support, international payments, and other features, both basic and advanced.

At Open Source Payment Gateway you will always get a competent advice and consultation, when the time comes for payment gateway selection. Contact us, and our experts will guide you through payment gateway selection process, and introduce you to the best gateway solutions you can find.