Payment Gateway Australia to Ensure Safe and Secure Payment Transactions

Online business is a significant part of the business world today, offering a convenient way to buy and sell goods and services. An online payment transaction typically involves five parties: the client, the merchant, the client’s financial institution, the merchant’s financial institution, and the payment gateway.

A payment gateway’s ability to securely transfer payments is a critical component. Payment gateways should ensure that merchants are getting money when a purchase happens, removing the need for them to worry about fraud or credit risk. They must take all the necessary precautions to ensure safe and secure transactions.

Reliable and Secure Payments are Paramount

Fraudsters are on the lookout for flaws that they can exploit to gain access to systems and steal data. However, shoppers must be able to complete transactions using their preferred payment method while also having an efficient and frictionless payment experience.

Merchants must understand the best security practices online when accepting credit card payments and alternative payment methods to protect their customers and businesses while still providing a great checkout experience.

Customers require security when using your service, and for large businesses, PCI security is a critical feature that should be utilized to improve reliability. So, if you want the best security for your website’s transactions you need the best security standards.

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The PCI Security Standards Council is a worldwide organization. It upholds, evolves, and promotes Payment Card Industry standards for the global security of cardholder data. These security standards will help you stabilize your products and services. At the same time, it can help build trust among your customers. Being in the payment industry without any security protocols in place is like throwing yourself into a pool of water without knowing the depth and criticality of it.

If you still have not set up an account with one of the providers, you need to look for the one that suits your business best.

EskayPay has become one of the fastest-growing online payment service providers. The company provides a single API for simple integration with all popular platforms. We can process all major currencies that merchants require by partnering with over 100 international payment partners. Our Online Payment Gateway Australia will help you establish an easy and convenient payment transaction for your business.

When Looking For a Payment Gateway, There Are Three Major Pillars that You Need to Watch Out For:

  • Encryption of Data

Payment gateways primarily use data encryption to protect payments. Customers’ card information is encrypted using a public key and can only be decrypted using the payment gateway’s private key. This reduces the possibility of unauthorized parties gaining access to customer data during transmission from the gateway to the acquiring bank.

Chargebacks are an unavoidable factor in merchant-buyer relationships, whether they like it or not. Accertify, a leading online gateway provider, offers chargeback management software that reduces the resources required to manage and respond to chargebacks by up to 50% and helps improve win rates.

  • SSL (Secure Socket Layer) (SSL)

SSL is used by payment gateways to protect sensitive customer information. This standard security protocol creates an encrypted channel to allow the safe transfer of private data over public networks, such as between a web server and a browser. Most payment gateways use this protocol to increase the security of data transfers between parties.

  • Compliance with the PCI DSS

Compliance with the Payment Card Industry Data Security Standard (PCI DSS) enables merchants and financial institutions to provide secure payment solutions. This standard includes the following requirements:

  • Payment software needs to be there at the point of sale or in the website shopping cart.
  • Computers should not be there to store sensitive customer data.
  • Encrypt customer data transmission over any open public network.
  • On networks and PCs, use a firewall.
  • Merchants who use a payment gateway do not need to be concerned about PCI compliance because a secure payment gateway will provide PCI level 1 security.

The payment gateway’s compliance with these security standards can be relied on by the merchant. Payment Gateways, as a result, serve as third-party solutions that provide merchants with the most recent and up-to-date information.

EskayPay is the country’s leading payment service provider, handling approximately 42 percent of all transactions. Our customer base consists of approximately high-risk merchants, merchants with bad credit, and affluent merchants who are using our services worldwide. We provide Payment Gateway in Australia to industries such as digital content, online gaming, retail, and travel for small-to-medium-sized businesses as well as larger corporations.

Original Content Publish at: https://eskaypay.com/payment-gateway-australia/

Forex Trading Merchant Account for Better Establishing the Payment Transaction for Your Trading Affair

It is the world’s largest market with the highest earning potential, and it appeals to many as a simpler way to invest than in commodities. While forex trading can provide higher returns than other stock or market investments, it can also be just as risky.

As much as people make huge profits in Forex trading, there are variables you must understand and master if you want to profit consistently in this business. Currency trading education will teach you how to enter and exit a market, which is one of the most important keys to successful Forex trading.

The risk associated with Forex Trading Business

Remember that another currency means another country, and there may be a significant time difference. This means that a natural disaster could occur while you are sleeping, causing you to be unaware of any currency fluctuations until it is too late.

Do not spend more than you can afford, and be wary of losing too much money; cut your losses if your chosen currency falls, as you may continue to lose money if you do not.
Keep an eye on the market and your investment.

Get cutting-edge tools with Forex Merchant Account to cope with chargebacks and frauds

The industry is hugely concerned with chargebacks and cyber threats. Since the business involves frequent trades. Certainly, there is an aspect that you will get chargebacks from your dissatisfied customers too. Chargebacks are simply disputes between a merchant and a customer in which the customer requests a refund thru their bank. Doesn’t that sound like a refund?

No, not exactly. A chargeback is a demand from a bank that the merchant return funds to the customer, as opposed to a refund, which is a direct interaction between the customer and the merchant.

Similarly, when it comes to fraud prevention. Getting secure payments and avoiding fraud are some of the essential measures. Consider the following: Is the payment provider you’ve chosen providing secure payment support to both customers and merchants?

Will customers feel comfortable sharing their personal information during the checkout process? You should also protect your transactions with a payment plugin that includes robust, built-in security features such as AI-based fraud protection that is PCI-DSS compliant and provides customizable alerts and controls for maximum flexibility.

This way, you can be confident that you’re providing a secure eCommerce experience for both your customers and your company. We at EskayPay provide you with the most sophisticated Forex Payment Gateway that is capable of reducing the chargebacks to their minimum, and at the same time, it will also protect you from fraud and cybercriminals.

Charge-backs Management with Forex Trading

There are numerous types of chargebacks, and most of the time, a chargeback is requested when the customer believes they have a right to dispute the transaction. While this helps to protect customers’ rights, it can be quite frustrating for a reputable merchant.

Here are some simple steps to reduce charge-backs:-

  • If your customers receive exactly what they ordered, they are less likely to dispute the purchase. Write concise product descriptions and include images that accurately depict what you’re selling.
  • Make it easier for customers to find your shipping, refund, and cancellation policies so they know how you handle these issues ahead of time.
  • When the business name on your website matches the name on their bank statement, your online store appears more reputable and professional.
  • Chargeback fraud is a serious issue. Now that shoppers are spending more money online than ever before, you want to make sure your company doesn’t become a victim of this phenomenon.
  • Offering refunds to customers is a best practice, especially since COVID-19 has caused widespread anxiety and uncertainty.
  • When you issue a refund, certain PSPs charge no additional fees, and offering this to your customers reduces the likelihood of chargebacks.
  • Chargebacks can sometimes be the result of poor communication, so make it easy for customers to find your contact information by prominently displaying it on your website. Also, try to respond to customer concerns as quickly as possible, and keep your customers up to date on shipping, delivery, and any changes to your store policies.

Check to see if you can accept your customers’ preferred payment methods

Card acceptance is required, but depending on where your customers are located, other payment methods can significantly increase your profits. Failure to do so may result in high cart abandonment rates. When their preferred payment method is unavailable, more than 16% of shoppers abandon their cart.

First, pinpoint your ideal customer’s location. Then, consider how buyers in your target countries prefer to pay and the local payment methods they prefer. Is it more common to use credit cards or debit cards? Do they pay in cash? What are digital wallets? Which payment methods do they accept?

But you don’t have to be a payment expert to get this right. Offering the appropriate payment methods can be as simple as selecting the appropriate plugins. It automatically localizes checkout for your cross-border buyer.

The market is so large, you are almost certain to find the currency you want to buy instantly available, and the same is true for selling. Few or no other markets can provide such a guarantee, and it is common to have to wait a long time before a suitable buyer or seller becomes available.

EskayPay helps you localize the checkout experience, and includes the site currency section, where your customer can easily select a currency option from the drop-down list. They can set up a currency converter to show prices in their preferred currency if you want to display multiple currencies. Now you can choose your own Forex Payment Processing at affordable and convenient rates.

Tags: Online Gaming Merchant Account, Casino Merchant Account, International Payment Gateway, High Risk Merchant Account, Global Merchant Account, Offshore Payment Gateway

High-Risk Merchant Account Instant Approval offers Handsome Payments to Industries

As a reliable businessman, you can go for accurate solutions for handling transactions, look for procedures underway Transactions are credible, and offer you solutions for a long time. The way you can clarify your dealings one after the other with the aid of a payment processor go for safer rules in payment processing while you are seeking a solution provider.

Advance solutions provide you with a way to enhance your business and quicken your dealings. This is how you can connect to your customers with advance payments within a time frame. No conflict in your business and make it secure with high payouts. Are you more trustworthy in your payments and looking for a standard solution? Try to accomplish more funds and gain more as time passes. This is how one can seek a High-Risk Merchant Account, in the United Kingdom without any obstruction.

Payment Gateway Provider Offers Solution

Look out for a safer way out and make it secure as soon as possible if you are seeking instant business. Just get in touch with the best processor for making your gateway sound in dealing. Accrue your transactions and hold it for a while when you think there is inaccuracy in payouts. Are you dealing with enormous payments well on time? Just avail of the amenities on time by calling the experts and allowing all the merchants to get services without worry. Enhance the services of your online business and never mind taking assistance from a trusted amenity provider. This is how the possible transaction arises on your payment gateway while more and more customers arrive at your website. This is how you can deal with your transactions and gather funds without any hassle. The service experts will offer you way-out to run your business appropriately and thus create massive deals while you display products online. This is how you apply online or just call the experts to makeover your business deal. The payment gateway makes it easier to fundraise and keep your transactions safer.

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Services on the way

If you are looking for grand dealings and thinking extra payments just rely on amenities without any fear. Comply with the regulations in making your industrial transactions secure. This is the major security that you receive from a merchant account processor. Are you making an entry into the domestic or international market and want to hire professionals? Just acquire services on the way and understand your services without any compliance. Get services to improve your transactions that are justified and very true.

High-Risk Account way-out

Are you definite in your dealings and want a permanent way-out procedure for the enhancement of transactions? This is a way to make your high-risk business significant without any discomfiture. Develop all your money and create massive payments while you run almost all your products online. This is understandable and allows all the merchants to make their business run without complication. Do you have security in transactions then look for a high-risk account! High-Risk Merchant, United Kingdom solutions offer you enough security in transactions.

High- Risk Payment Gateway way-out

Enhance your gateway with high-risk solutions and keep your funds safer without any problem. Seek out 2D and 3D Secure and offer you to manage your money cautiously. This is unbelievable when you try this offbeat and your website runs well without any blockage on the way. Customers pay money easily on time with this procedure. Development of deals takes place and your website continues well without negligence. This is how your funds come online without fraud.

Decline Frauds on the way

As you credit funds into your account through the customer’s choice, fraud eradication tools work foremost. This is how you can get maximum payment on your website through SSL Integration, API integration, and many more. The funds come online securely with credits without faulty procedure. Go for all-around development in your business dealings in a few days. This is the process to hide your details associated with the transaction.

Domestic Account Set Up

Try to deal with every part of the business by getting a high-risk domestic account for handling your transactions. When you looking for an initial deal and want to accomplish more, you attempt to get a high-risk account for handling your transactions. Make it sound while you gather support from professional experts. This is the best way to incline towards payment processor fully without any hamper. Are you making huge transactions and keeping your funds secure then do avail bank account set-up without any problem.

International Account Procedure

Try to value your product and get a global account to start a business without any problem. Once you are going through tough situations, you feel international to move your business to diverse nations. This is how the whole situation comes alive with an enormous payout. This is the enhancement in a transaction that follows for several months or years and globally you take your business to climax. This is how you feel you grow with time while you seek new customers. Above all, try the best solution like Instant Approval for High-Risk, United Kingdom for your industry and create massive dealings.

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Tags: Casino Merchant AccountOnline Gaming Merchant AccountForex Trading Merchant Account, Global Merchant Account

Immune your business payments with 2D Payment Gateway for USA

If you are considering going online to make money or creating a website that will generate income and earn money for you, you should be aware that you will be unable to receive payments online unless you already have a merchant account.

The payment gateway is an important component that aids in the facilitation of online payments. Payment gateway service providers act as the intermediary between all online financial transactions.

These do not serve as banks or merchant accounts on their own. They are more concerned with security and validation. Most payment gateway service providers encrypt the buyer’s information, validate the data, decrypt it, and send it to the merchant account. In short, it acts as a security guard, decrypting and encrypting responses between websites and the buyer’s Credit Card Company or bank.

How payment gateways serve as intermediary for all your online transactions?

Payment gateways play an important role in reducing online fraud and making online payments faster. People used to have to wait nearly a week after making a payment for their cards to be verified with the bank when online payment solutions were first introduced – and one week was fast!

You can now place an order and have your identity and data verified in a matter of seconds. Payments are more smooth and quick as a result of these gateways.

While payment gateways are essential, it is critical to understand which type best suits your needs at any given time. This will assist you in making sound decisions about which payment gateway solutions to use.

EskayPay provides self-hosted payment gateways that help customers submit the payment information directly on the merchant’s website. This option has the benefits of simplicity as well as the security provided by the payment gateway. We offer a 2D Payment Gateway for USA to secure customers’ payment information, which further provides a much better user experience.

Special features that you need to look in a 2D secure payment gateway

1. A 2D secure server ensures that the payment gateway is trustworthy and not shady. To ensure the confidentiality of the client’s personal and financial information, including credit or debit card details, addresses, names, and other contact information, a Secure Socket Layer (SSL) encryption should be used.

2. Tools for preventing fraud should always be available. Address Verification System and CVV are two elements that should not be overlooked because they are necessary tools for ensuring fraud-free online transactions.

3. Efficiently fast loading is another feature of a good and trustworthy payment gateway. You see, if your page takes a long time to load, the customer may become irritated and bored, prompting them to visit another online store. They are unlikely to return and may even spread the word to their friends, jeopardizing your company’s success. As a result, it is critical that you ensure that the speed of payment processing is quick and fast so that you do not lose any customers.

4. Another factor to consider is the user-friendliness of the interface. You must ensure that your system is easy to understand for the customer. Furthermore, you should always ensure that your system is automated to provide real-time information in confirming the process’s progress. Also, keep in mind that the website shopping cart must be compatible with the payment gateway; you must discuss this clearly with the web developer to avoid any problems during use.

Merchants are looking to Eskaypay for grabbing shield for their business

 Many people are completely reliant on online shopping, which has paved the way for the emergence of many online shops that ensure they have the most secure payment gateway; something that all savvy shoppers are very concerned about. If you want to gain more customers while keeping those you already have, make sure you give them the assurance that the confidentiality of their personal and financial information will be maintained each time they shop in your online store.

EskayPay is distinct from other payment gateway providers in the USA. We provide a variety of APIs with our payment gateways. It means you will have an application programming interface that you or your web developer can use to integrate your eCommerce payment gateway into your online store. We assist merchants with 2D Payment Gateway for USA to offer them advanced security features such as fraud detection mechanisms and chargeback protection tools.

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