Factors to Consider to Choose the Best Payment Gateway in Dubai UAE

If you holistically look into the eCommerce industry, you would understand one key factor contributing to its success is an effective, efficient and reliable payment gateway system. As a business owner, you might be in the dilemma of choosing the best payment gateway for your business. Here we have highlighted the factors you should consider to choose the best online payment gateway solution for your business.

Security:

No customer or online eCommerce user would settle for your business if the security architecture of your payment gateway is weak. In a world where cyber-attacks are on the rise, the need to continually check for vulnerabilities in your payment gateway is eminent. Ensure your payment gateway supports PCI-DSS certification. 3D secure authentication for cards is also a must-have.

Ease of Integration:

While different payment gateway systems exist, choosing the best one can rely on the ease of integration. The platform your eCommerce store is built on is also a determinant when choosing any payment gateway for platforms like woocommerce, Shopify, Magento, and many more have different payment systems that work for them. To top it all, the payment gateway you settle for must be easy to integrate, support express checkout, Direct API integration, and many other features.

Mobile Optimization and Responsiveness:

The digital platform users often carry out most online transactions through mobile phones. The Penetration of mobile devices into the digital World certainly requires that all payment gateway support mobile phone users. Based on some industry data released, over 2 billion mobile and tablet users carried out eCommerce transactions at the tail end of 2022. It is expected that a payment gateway should offer a seamless shopping experience for mobile users.

Merchant Support:

Your payment gateway provider must offer prompt 24×7 support for your eCommerce platform. This is critical to the success of any online platform. Both dedicated technical and non-technical support must be available as a merchant.

Multiple Payment Methods and Currencies Support

the World is a global town through the digital medium. Your eCommerce customers might be located at the end of the World. This indicates that your global payment gateway provider must support multiple currencies through the payment system they provide. Also, multiple payments and alternative payments methods would help boost the confidence of your customers.

Set-Up & Transaction Fees

Every payment gateway company has its setup and transaction fees, charges, transaction fees for card maintenance, and other fees that should also be considered before choosing any payment gateway provider. The important factor is to choose any payment gateway provider which does not have any hidden fees. Ensure that all fees are discussed and disclosed before signing an agreement with the payment provider.

Conclusion

The success of your online business is paramount, and this can only be achieved if, as a business owner, you focus on the above factors when choosing a payment gateway provider.