Ecommerce businesses share a common top priority i.e. to safeguard their customers interests while providing them with an easy-to-use payment system. This is precisely why the vendor you choose must meet both your company's and your consumers' needs. Over 21% of customers depart websites with a lengthy checkout process, and 17% abandoned websites that are not secure. Therefore, integrating a payment gateway into your store will increase the security of your site while also improving the user experience. In this article, we will discuss how payment gateway integration is done in a website and how it works along with the types and costs of payment processor. What is Payment Gateway Similar to what the term suggests, payment gateways offer customers a convenient method to checkout with their items at ecommerce stores . During the payment process, data is encrypted to ensure security and some companies immediately add tax if they suspect fraud. Payment gateways...
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