Internet payments are a complicated process in which a person’s bank information is sent through a payment gateway. The payment gateway then approves or denies the transaction and sends the information to the seller’s bank. The seller’s bank communicates with the buyer’s bank to authorize the transaction. The buyer’s bank decides whether to authorize the payment, and sends that information over to the seller’s bank. If the transaction is approved, the amount is processed back through the payment gateway and into a merchant account until the funds can be released to the seller’s actual bank account.
While it may seem like somewhat of a middle man, the payment gateway plays an important role in this back-and-forth communication between seller, buyer, and their respective banks. Without a reputable payment gateway, this process is less safe, more time-consuming, and possibly expensive for the seller and the buyer.
If you’re wondering, “how do I take credit card payments online and still come out ahead?,” keep reading to find out how you can build your business with a payment gateway.
How Do I Take Credit Card Payments Online and Keep My Information Safe?
Hackers today are resourceful and skilled at finding ways to steal information from at-risk sites. Unfortunately, not all payment gateways offer the same amount of protection against online theft and fraud. While there are many payment gateway companies around, not all of them are up-to-date with the latest technologies necessary to handle delicate financial information.
Allied Wallet specializes in internet security and is an example of a PCI-DSS Level 1 compliant payment gateway company. Using customisable fraud scrub and securely encrypted 128-bit SSL, Allied Wallet utilizes the latest technology to keep sellers, their customers, and their information 100% safe and secure.
How Do I Take Credit Card Payments Online and Save Money in Fees?
Opening an account with an established and reputable payment gateway company is your best option when it comes to saving you money.
Finding the right payment gateway takes some research. There are many excellent options to choose from, and Allied Wallet prides itself in offering the lowest fees and best rates in the payment gateway industry. With rates as low as 1.95%, Allied Wallet is an excellent choice for saving money on your incoming internet transactions.
How Do I Take Credit Card Payments Online and Save Time?
As a business owner, a payment gateway company with the ability to provide excellent customer service will save you time and hassle. Many companies only work during business hours or have long wait times for customer assistance. If you have a financial crisis that needs solving immediately, you want to know that your payment gateway company will be there for you at anytime of the day.
That’s another reason why Allied Wallet is a great choice when deciding on which payment gateway company to use. Allied Wallet’s phenomenal customer service agents are available by phone or live chat 24 hours a day, seven days a week.
When running a business, it makes sense to hire a reliable company like Allied Wallet to handle your online payment processing. Trust Allied Wallet to take care of the complicated details, so you can focus on your business. To learn more about Allied Wallet and its services, visit their website at www.alliedwallet.com.