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Payment Gateway Integration

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Business Goals + Digital Solutions

BENEFITS OF A PAYMENT GATEWAY

Safe transactions

You can be sure that payment gateways use standard encryption and protect sensitive data.

Huge customer base

Professionals also help and guide businesses with proper e-commerce services in the market.

Convenient

With a payment gateway, your store is open day and night and customers can shop in the comfort of their homes.

Enabled with shopping cart software

Payment gateways are made a part of the shopping cart software. While the shopping cart calculates the cost, taxes, and shipping charges, the payment gateway will bill the customer and conduct the sale.

Faster transactions
This payment gateway is faster than manual processing and customers will not have to wait in long lines.

Secure & Flexible Checkout System

Completely safe & secure checkout system with an integrated payment gateway that supports multiple payment options including PayPal, Visa, MasterCard, etc. In collaboration with local & international payment gateway providers, we offer reliable ways to transfer money for your customers.

What is a payment gateway and how does it work?

When it comes to payment gateway integration services, you should know it is a merchant service provided by an e-commerce application service provider. This service provider authorizes credit card or direct payments processing for all forms of business.

The eCommerce payment gateway integration connects seamlessly to in-house payment processors like credit cards networks or online banking. The payment gateway is a third party between merchants and customers that securely take the customer’s money and deposit it in the merchant’s bank account.

Role of Payment Gateway Services

These payment gateway services are needed for online credit card processing and work as a point of service (POS) machine. Payment gateways work just like purchase items for physical stores. The main role of these payment gateways is to authorize transactions between the seller and customers. You should know that without a payment gateway approving your transaction process, you cannot move forward and receive your money.

Trends of Payment Gateway

 

In 2019, the payment gateway market was valued at $17.2 billion and is expected to reach $42.9 billion by 2025. The payment gateway integration is one of the most critical aspects of every business and it allows for the collection of money through customer-preferred banks.

80% of the population of developed countries has access to the internet as of 2018. Whereas, only 45% of developing countries have access to the internet. Cumulatively, 51% of the worldwide population has internet access and has seen a consistent 8% growth year on year. The increase in internet penetration has been driving the growth of payment gateway integration, especially in developing countries.

Consumers are now changing their preferences for making payments online based on the increase in internet penetration and the awareness of online transactions. This simple process of generating transactions has brought about a sense of confidence in switching to online transactions. The rapid adoption of this method has been growing the payment gateway market.

There have also been a few stringent regulations set for the payment industry and there have been a number of cases of data breaches and cyber attacks that have restricted growth.

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Why Choose Us

At Ysoft Solution, we have the appropriate systems in place for any sized project. We aim to increase our client’s productivity and growth. On each project we will deliver
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Ysoft Solution believes true success is in the form of cooperation and teamwork with our clients. We offer advice and integrate the delivery of scope to the client’s expectations. We always seeking for feedback to improve and to ensure our service are efficient and result driven.

    Ysoft

    Ysoft Solution is a professional digital marketing company located in Colombo, Sri Lanka. With 12 years of experience in Web and Mobile Applications developing and online marketing with a keen interest in ensuring that we are at the cutting-edge in technology and software development process. we create bespoke websites and marketing campaigns with your best interest in mind.

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