Merchant Payment Gateway for Europe
Payment gateway is the most popular payment tool in Europe, and it’s expected to grow with more merchants using it to accept payments soon.
What is Payment Gateway?
Payment Gateway is a set of tools that make it easy for web retailers to accept payments through credit card transactions. It allows merchants to integrate their payment gateways into their own websites and/or applications, and delivers invoices, receipts, and order acknowledgments.
Basically, Payment Gateways are the software that enables merchants to accept payments by credit cards or other payment instruments.
PayFasto is a UK-based company offering a secure online e-commerce solution for businesses of all sizes.
Why would someone use Payment Gateway? Why choose PayFasto? What are the benefits? Why not use another payment method? What do you have to know before starting? What do you need? What do you need from my merchant before accepting a payment? How can I pay my suppliers with PayFasto?
We offer our users several different products including Klarna which allow customers to buy now pay later. We also offer to accept payments in cryptocurrency for goods and services.
Our Easy-to-Integrate API allows you to integrate your website with our payment gateway. The API enables merchant developers to accept payments via Credit/Debit Card (Visa/MasterCard/Maestro), Cryptocurrency, Credit Card (Visa/MasterCard), Debit Card (Visa/MasterCard), Prepaid Card (Visa/Mastercard), SEPA transfers, etc. You can also automate invoice for recurring or subscription-based sales. Your clients can also pay by link which you can send to them via SMS, social media or email.
Payment Gateways for European Merchants
Payment Gateways are a crucial part of the payment experience for European merchants. They are used by merchants to process payments from customers all over the world.
While, in the US, payment gateways are often utilized for online shopping and payments for services, it is still relatively uncommon for such payment gateways to be used in Europe.
The success of a merchant’s conversion rates on a payment gateway depends on several factors: merchant’s initial investment in the service; merchant’s ability to leverage a merchant account/Flexion; and merchant’s ability to include payment gateways into their e-commerce site design.
How the Payment Process Works
How does it work? A payment gateway is a software application that enables merchants to accept payment from customers. Most of the payment gateways are available in the form of web-based applications. In fact, there are now more than 25 different payment gateways, with most of them being based on .NET technology and using ASP.NET as their programming language.
The following guidelines will help you choose the right gateway for your business. You should consider which gateway is most appropriate for your business objectives, such as:
- 1) The type of merchant accepting credit cards.
- 2) The range of customers served.
- 3) The types of transactions processed by the merchant.
Security and Fraud Protection
Payment gateway is a free and open-source software that allows payment services for merchants who are authorized to accept payment in European markets. This means that you can use it as a standalone tool, just like any other software. It also means that it can be used as an alternative to your current payment methods.
How to use and setup Payment Gateway
- Select the Payment Gateway from the list of the applications currently installed on your device.
- Click on the “Install” button in the top-left corner of the window to install or update Payment Gateways software (if required) on your device, beside other applications installed on your device.
- Click “Install/Update” in the Main Menu as instructed by developer or download installer.
- When installation is complete click “Open” button in main menu to open main interface page.
Conclusion
Payment gateways are the gatekeepers to commerce and there is no better way to understand what these companies are doing and why their business model is thriving than to read a few of their case studies.
The 4W method is one of the most common payment gateway business models. The payment gateway acts as a middleman between merchants and customers allowing businesses to accept payments without having to go through the hassle of accepting credit cards, debit cards, or other financial instruments.
It does this by offloading all the processing work from merchants’ front-end systems into its back-end systems, which allows it to process payments more efficiently.
PayFasto offers chargeback and fraud protection tools and services to clients to keep them safe. Easy implementation system is friendly for clients’ system developer. Exquisite payment widget and payment page, and easy checkout process improves conversion rate for our clients. We also offer reporting on demand so that clients can have an overview of their payment processing – this is vital for making business decisions.
