How 2D Payment Gateway Eases Payment Processing For e-Commerce Industries

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 Cash has become an outdated thing to use against their purchase.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.

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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.

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To learn more about us and the 2D Payment Gateway service, connect with us right now.

Tags: eCheck Payment GatewayOffshore Payment GatewayInternational Payment GatewayOnline Credit Card Processing

Get The Instant Approval For High-Risk Merchant Account UK With EskayPay

There are two primary factors why you might be forced to choose a high-risk merchant account. First, you or your business has a bad credit score. Second, your business falls under high-risk industries.

In both above cases, your business will not get merchant account service from banks or financial institutes.

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A high-risk processor accepts responsibility for increased risk, which needs more intricate processes for in-depth analyses. The risk is measured differently, and it is always about how likely the business will be to cause chargebacks.

To maintain the highest security level needs more engrossment from a payment processor in fraud protection. The risk factor goes up, which is also associated with having a team on board that monitors all payments and online tracks of high-risk merchants.

This is why a merchant in the UK needs to get a High-risk Merchant Account UK with extensive expertise and experience in the market.

Reasons why businesses need a high-risk merchant account

The business selling products and services online:

Businesses involved in the e-com industry selling their products or services online are also considered a high-risk industry. Banks consider them risky and do not provide assistance.

A merchant involved in a highly regulated sector:

Merchants selling CBD Oil, E-cigarettes, and adult products or services are among a few of the many that fall under the high-risk category.

The business is in an industry that a bank may notice as a reputational risk:

Businesses involving reputational risks like IT or security service deals with customer information are also rated as the high-risk industry. Additionally, adult merchant accounts qualify.

The business industry is recognized for having a high occurrence of chargebacks or fraud:

Businesses that experience a high chargeback ratio, identity theft, account takeover, and fraud fall under high-risk industries. This factor makes it challenging to get a standard merchant account service.

The business sells products or services using a recurring billing model:

A business model based on a recurring billing model brings more chargebacks for business. It often happens when a customer is billed without his consent or remembering they even signed up. As a result, the chargeback ratio increases for the business, which leads to the account shutting down entirely.

The person with a bad credit score:

This one is a no-brainer. Banks and financial institutes are less willing to lend funds to merchants with bad credit. That’s the reason a high-risk payment processing service provider comes in handy.

Due to the above factors, a merchant requires a high-risk merchant account service for his business. With high-risk payment processing, it becomes way more accessible for them to receive and process their payouts.

But choosing a merchant account provider is a challenging task. Various factors need to keep into consideration before opting for merchant account service.

Factors to keep in mind while choosing a high-risk payment processor

There are some factors that you need to keep in your mind while selecting a high-risk payment processor. It makes things easy for you. 

Choosing a payment processor for your business is a wise decision that includes various points. Here are some of them:

Security indicators: As a high-risk merchant, you require a merchant account provider that follows strict security guidelines and provides a set of anti-fraud tools that will keep your business safe from fraudsters. Be assured that the service provider offers chargeback prevention management and a multilayered approach to security. 

Expertise: It is essential to know how long it’s been a merchant account provider dealing in the market and its background. Their expertise of all ins and outs of niche industries positions them as market leaders. You also need to ensure that the merchant account provider you want to work with is reliable, so your money is safe.

High-risk payment processor website: Visit and inspect the layout of the processor’s site whether they publish updated erudition. An outdated or basic website that makes you feel like back in time could be a warning sign that something is wrong with the service provider you consider. 

Accepted business models: You need to make sure before applying for a high-risk merchant account that credit card processing should work with industries your company operates in. The same applies to the countries accepted. A reliable high-risk payment processor will keep a list of supported business models on their websites. 

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Why EskayPay? 

For a high-risk merchant, it is beneficial to have a high-risk merchant account service. And it is essential to do some market research before opting for services.

When you look for the best merchant account service provider in the UK, EskayPay will appear in the top list.

If we talk about EskayPay, it is among the industry’s best high-risk payment processing service providers. It has specialization in providing service to high-risk industries from different niches.

High-risk merchants can make payment processing way easier for them with EskayPay. High-risk payment gateway integration with your website allows you to accept payment via different modes securely. Merchants can enable their customers to pay via cards, eCheck, ACH, mobile payments, etc.

There are various other benefits and feature you get with High-Risk Merchant Account UK like:

  • Easy integration
  • Multicurrency payment processing
  • Multiple payment methods
  • Credit card processing
  • Offshore payment solution
  • PCI-DSS Level 1 compliance
  • Fraud protection tools
  • Chargeback management tools
  • 24*7 reliable customer support

Contact us

The expert team at EskayPay is always available to assist you in the process of getting instant approval for High-Risk Merchant Account UK.

Don’t hesitate to connect with our experts right now by filling an online form on our website. They will love to educate you about our payment processing service and us.

We work for your business growth.

Tags: High Risk Merchant Account Instant Approval, International Merchant Account, Online Credit Card Processing, 2d Payment Gateway, High Risk Payment Processing

Things To Consider Before Choosing A Payment Gateway In Europe

The European e-commerce industry is rising at a fastening pace. As a result, European merchants have a wide opportunity to grow their business and enhance their profit.

All they need to seek for a payment gateway Europe region to easily process payment from their customers. A payment gateway is software that makes payment processing convenient for a merchant.

There is a lot to tell about the payment gateway and their need but the most important things are what to consider before choosing a payment gateway, which we will discuss in this blog.

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What does an online payment gateway do?

If you are involved in the e-commerce industry and selling product and service online, you must have an interest in the payment gateway. The process behind a payment gateway is as complex as it appears easy from the front-end. Below are some of the tasks that take place during an online transaction.

Most online payment gateways handle:

  • Payment methods processing: The payment information input by the customer is processed and passed to the merchant’s processing by the payment gateway.
  • Sensitive data encryption:  A payment gateway provides encryption or encodes the sensitive data entered by the customer so that they can be securely transmitted to the credit card processing network.
  • Authorization request: To verify the payment information, the payment gateway initiates a request to authorize the transaction. For instance, if the customer is using a card, the payment gateway will take the customer to the issuing bank’s 3D secure page for verification.
  • Capture or Fulfillment: If the payment gateway gets a positive response on the authorization process, it gets back to the merchant’s website with that positive response and allows the visit next step of the purchase process.
  • Sale: The sale connects authorization and captures into a single process. This usually takes place when a transaction is fulfilled promptly.

Things to consider while choosing a payment gateway 

Data Security

Data security is one of the greatest threats in e-commerce while making an online transaction, which is why your payment gateway service provider must offer several protection tools.

PCI DSS certification is required for any business willing to process credit card and debit card payments, so makes sure that the payment gateway service provider you are choosing has the PCI-DSS Level 1 compliance. Plus, a suitable payment gateway will also offer you complete fraud prevention steps to mitigate fraudulent transaction attempts at your website.

Payment modes available 

It is essential to ensure that your checkout process has your customers preferred payment modes. Look for the most popular payment methods used globally, and, if you are targeting any specific market, make sure alternative payment methods in that area is supported by your payment gateway. However, debit card and credit card payments are the most preferred payment modes, but it will be vital if you have an e-Wallet payment mode available.

Automated billion options 

This is especially required when you are selling a product or service based on subscription, your payment gateway provider should support a recurring billing feature. This feature will be required to reduce the effort of customer and merchants to manually track and make payment for each month. It will automatically deduct the amount on the date of the transaction.

Should support High-risk business model

Most of the payment gateway providers do not want to get involved with the high-risk industry. So, know your business and if it falls under high-risk industry, then look for only those payment gateways which serve high-risk industries as well.

EskayPay as your payment gateway service provider

EskayPay has a significant place in the list of top payment gateway service providers in the market. It has a wide range of solution for all the merchants involved in any industry. Your business nature hardly bothers us in providing payment gateway service to you.

It gets merchants a merchant account service as well along with payment gateway integration. Merchant can easily manage their financial transactions with our payment gateway and merchant account service.

There are other multiple benefits merchants get with EskayPay, which is below:

  • Easy integration
  • Instant approval for payment gateway
  • High-risk payment processor
  • Numerous payment modes
  • Coinage solution
  • Virtual terminal
  • PCI-DSS Level 1 compliance
  • Fraud protection tools
  • Chargeback management
  • International payment processing gateway
  • Offshore merchant account solution
  • 24*7 technical support

Will a multi-currency processing payment gateway help while dealing in the global market? 

A multi-currency payment gateway allows merchants to accept payment in numerous currencies. Merchant gets the ability to process the international payments and receive online payments from their customers worldwide with a payment gateway.

Multi-currency processing is required when a merchant wants to accept card payments in foreign currencies from their customers. It is vital for a business to have the ability to process more than one currency while dealing in the global e-commerce market.

EskayPay allows merchants to offer their customers the option to pay in their desired cash. Plus, merchants can process payment in any currency on a real-time basis.

EskayPay support all major currencies across the globe like the dollar, pound, euro, etc.

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Stop wasting your time looking for a payment gateway Europe region. EskayPay has all the solution you require to operate your business efficiently.

To know about our payment gateway service contact us right away.

Tags: High Risk Merchant Account, Exports Merchant Account, eCheck Payment Processing, High Risk Gateway, No Chargeback Payment Gateway, Credit Card Processing

International Payment Gateway A Key To Access Global e-Commerce Platform

If you are a merchant involved in any industry whether high-risk, low-risk, or mid-risk, looking for a way out to explore the global e-commerce industry, EskayPay is the right choice for you. It offers you International Payment Gateway with merchant account service to manage your global transactions hassle-free.

As a merchant, you can offer all the services and features your customer needs to make an online payment with EskayPay. It has a comprehensive solution for all your payment related queries.

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As a high-risk payment processor, they provide services to all industries whether it is high-risk, low-risk, or mid-risk business. Plus, it offers a merchant account as well to manage your payment flows smoothly.

There are several benefits for the merchant with EskayPay solution:

Credit card processing 

Accepting credit card payments will always bring more customers and more sales to the business. People across the globe often prefer to choose credit card payments over cash or other modes of payments.

Plus, credit card payments are the best way for any business to maintain the cash flow in the business.

EskayPay offers merchant credit card processing with its international payment gateway. Merchants can allow their customers to make the payment via credit card and debit card. We support all major card brand payments like Visa, MasterCard, Amex, etc.

Plus, we get the ability of the merchants to process real-time credit card payments. They can accept payment from their customer using credit card payment in any currency on a real-time basis.

Our only aim is to make their growth rate higher more than ever had.

Multicurrency payment processing

When a merchant wishes to explore the global market, it is vital to opt for a payment processor with a coinage solution. With the help of multi-currency processing, merchants can offer their customers the option to make payment in their desired cash.

Plus, when a merchant shows the payable amount in the customer’s local currency, it becomes more trustworthy for the customers.

Plus, your pricing does not confuse the customers. It results in a decrease chargeback ratio for your business.

EskayPay offers merchants the ability to process the payment in various currencies with International Merchant Account . Merchants can provide the option to their customers to make the payment in their desired currencies.

Plus, they can process any currency their customer used for the payment on a real-time basis.

Coinage solution is the best way for merchants to increase the number of their customers and sales.

Accept various payment modes 

The business needs to give choice to the customer to make the payment that suits them. People like to spend time and money at the portal where they found the freedom to choose. It results in more sales and profit for the merchants.

EskayPay offers merchants the ability to process the payment in various methods. The customers can make the payment via credit card, debit card, ACH, eCheck, mobile payment, MOTO payment, etc.

Our international payment gateway enables merchants to build a strong customer base.

Multi-channel processing 

Multi-channel payments are the best way to increase their online sales for the merchants. Making several payment options available to your website helps to win and retain customers.

EskayPay multi-channel payment system enables merchants to enhance their sales by giving customers the way to pay that suits them the best.

Customers can pay using any internet-connected device whether mobile, tablet, laptops, etc. Plus, MOTO payment processing also becomes convenient for your business.

Secure solution 

Security is the primary concern of the customers while making online transactions. People often avoid making transactions at an insecure platform. It makes your business less trustworthy and be the reason to lose your customers. However, it is essential to opt for a highly secured international payment gateway for your business.

EskayPay offers you an international payment gateway with extraordinary security solutions. It comes with several security tools to make your payment processing secure for your customers. Below are some of the security tools that we provide:

PCI-DSS Level 1 compliance: PCI-DSS compliance becomes important for the merchants accepting card payments. If any merchant is not PCI complied then it may cause him a lot of fines and it will always be a risk for the customers to make card payment at that platform.

Being with EskayPay, you do not need to comply with PCI compliance. Our payment gateway is already PCI complied which makes it secure for your customers to make card payments.

3D Secure: To add extra fraud protection, 3D Secure needs an additional verification step to be completed by cardholder’s while paying. Basically, customer lands on an authentication page on their bank’s website, and require to enter a password associated with the card or a code sent to their registered number. It helps you to identify the customer and reduces the chargeback ratio.

Conclusion

The global e-commerce industry is vast and filled with massive opportunities. To gain profit from here a merchant only requires an online store and payment gateway integration. With an appropriate payment gateway, merchants get impeccable profit and growth in their business.

A vast customer base for their product and services eagerly waiting there, by showing their presence online they can easily attract those potential customers.

EskayPay offers merchants a complete solution for international payment processing.

To know more about our international payment gateway, connect with us.

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Tags: High Risk Payment Processing, No Chargeback Payment Gateway, online Credit Card Processing, High Risk Gateway, Payment Gateway for Tech Support

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