With the rising demand of customers to buy products and services online, merchants now have a new obstacle to accept payments online from their customers against their purchase. This increasing demand of customers for an online payment mode has given birth to a 2D payment gateway.
Having a payment gateway for your online stores makes you a preferred choice for those customers who like to be cashless. Cash has become an outdated thing to use against their purchase.
With an effective payment gateway, a merchant can offer their customer various features while making an online payment that can bring more sales and less cart abandonment.
Various scenarios make a payment gateway essential for a business. In this article, we are going to discuss those facts and points.
Why getting a payment gateway is essential for business?
A payment gateway gives a platform to merchants to accept and process payment flawlessly. Businesses having an appropriate high-risk gateway get them the ability to manage their payment processing smoothly.
With a payment gateway, merchants get various features to make their payment processing secure and straightforward for their customers.
Some benefits are mentioned below of a payment gateway:
- Easy integration
- Impulse purchase
- Shopping cart integration
- Faster payment processing
- Multiple payment methods
- Fraud management
- Recurring payment
- Chargeback prevention
- PCI-DSS compliance
- Encryption technology
- Reliable tech support 24*7
How 2D Payment Gateway support you to get more business?
A 2D payment gateway is software that allows merchants to let their customers make payments without any OTP or security check. With it security features, merchant get a secure portal to offer their customers to pay against their purchase.
For instance, a customer visits your store and makes an online purchase from a merchant having a 2D payment gateway integrated with his website. It makes their procedure easy in several ways. First, customers get an easy checkout procedure. They get multiple payment methods available to make the payment, such as credit card, debit card, mobile payment, etc. As a result, they can make payments in their preferred payment option. Second, they get all required security tools to protect their payment-related sensitive information from theft and attackers.
In a nutshell, we can say it comes as the perfect solution for the merchants to manage their financial transactions without any hurdle.
2D Payment Gateway for high-risk business
If you are a merchant involved in a high-risk industry and payment processing is a headache for you. A 2D payment gateway can be the best solution for your business. High-risk merchants get all required services related to payment processing to run their business without any challenge.
Fraud protection tools and chargeback prevention and mitigation play a vital role in saving your business from unnecessary losses. It helps you in every possible way to tackle chargebacks and reduce the chargeback ratio for your business. On the other hand, it helps you monitor each transaction and protect your business from fraudulent transactions.
Why EskayPay?
Getting a merchant account service for high risk is challenging. Most banks and financial institutes do not wish to get involved in high-risk industries. Primary reasons are chargebacks, frauds, and business nature that offend financial institutes and banks in providing payment processing service.
So, the last option left to a high-risk merchant is a high-risk payment processor. A high-risk payment processor is best known for providing services to high-risk industries. There are various payment processors available offering high-risk payment processing to high-risk industries.
For Instance, EskayPay is one of the leading high-risk payment processing service providers in the industry for a long time. It offers a 2D Payment Gateway integration to the merchants with their website. Also, it supports merchants in getting approval for a high-risk merchant account from our acquiring bank network.
Apart from the 2D secure solution, we have a 3D secure payment gateway service as well. We come as a comprehensive payment processing solution for the merchants.
Benefits with EskayPay 2D Payment Gateway:
Multiple payment methods: We offer merchants the ability to accept and process payments from their customers via various methods. They can allow their customers to pay using a credit card, debit card, eCheck, ACH, mobile payments, etc. It results in more revenue and more sales for your business.
Multicurrency processing: Get the ability to process payment in diverse currencies. Your customers can pay in their desired cash. We support all major currencies across the globe like the dollar, pound, euro, etc.
Credit card processing: Merchants can accept payment via credit card and debit card. Our credit card processing facilitates you to accept payment from all major card brands like Visa, MasterCard, Amex, etc.
Security: Our payment gateway complies with PCI-DSS Level 1 Compliance, SSL encryption, and API integration provides you a secure environment to make payment against their purchase. Other security tools like fraud protection tools and chargeback management to secure your business from unnecessary loss.
Customer support: We offer 24*7 reliable customer support to the merchants with our payment processing service.
Contact us
To learn more about us and the 2D Payment Gateway service, connect with us right now.
Tags: eCheck Payment Gateway, Offshore Payment Gateway, International Payment Gateway, Online Credit Card Processing
High Risk Merchant Accounts 