Why I need to consolidate my business website with a payment gateway?

Having a business that sells good and services online? If yes, you probably need to add functionality to your website if you do not want to encounter problems with payments. A payment gateway for website is the most effective way to allow your customers to pay for products purchased through digital means. Using a payment service will assure you get faster payments in a secure manner. The payment gateway would make sure that all of your payments will be credited securely into your merchant account. It also ensures that customers have a secure payment service to pay you conveniently.

Check the reasons why you need a payment gateway.

Process transactions easily

Every customer would have to pay you against the products and services purchased. So, if you count the payments individually, they would seem small. But when you amalgamate them, it would be a gigantic amount. Therefore, you need a secure network that can do the task for your efficiency. A good payment gateway like Instamojo or Cashfree can make payment processing really simple, secure, and convenient. Thus, you would be able to process huge transactions easily for your business.

Boost website conversions

Your website might be a large platform for customers to buy products and services online. But if you do not have a secure online payment service, it won’t work for your business. Therefore, you must not have a separate website page for payments. But must provide customers with payment facility on the same page from where they have purchased the goods. This way, a payment gateway for website will make your business grow since your customers can process transactions by staying on a single page. Thus, smooth payments mean satisfied customers that would come back to your website.

Easy payment tracking

You would certainly want to track the payments on a simple dashboard for your website. But it is only possible when you have a system that facilitates all sorts of payment methods. Thus, you will be able to conveniently track your cash flow for the business. For example, Razorpay is a gateway that provides a dashboard to track all types of payments. So, you will be able to see from where and which payment methods, the payments are credited into your account. It would make it easy to keep official records of all transactions for accounting purposes.

Free setup and low charges

You can choose a payment gateway for website as per its size and type. If you have a small-sized e-commerce website, you can choose a gateway that comes with free setup services. You can also see the payment gateway which is accessible to use with low transaction charges. You can take the example of Paytm, Instamojo, and Cashfree payment gateways that facilitate SMEs with free setup services and get meager charges per transaction. You can also get customer support service from these gateways and can ensure a secure channel for online payments.