What are the most important features to look for in a payment gateway comparison chart?

Ao procurar um gateway de pagamento, recentemente enfrentei o desafio de selecionar a melhor op??o para nossa opera??o. A seguran?a foi a prioridade número um. Garantir que os dados dos clientes estivessem protegidos contra fraudes e viola??es era essencial, além da integra??o e suporte, o que faz toda a diferen?a na opera??o diária.

Certifications ?? APMs & Payments Methods ?? Omni-Channel Functionality White label capabilities ?? Supported Terminals SoftPos / MPOC Availability ?? Pricing Comps ?? Competitive Value-Add Services ?? If they use Adyen, Stripe, Square ?? Why they are different ?? OmniChannel Tokenization ??

PCI compliance is the bare minimum, with Level 1 being the best option for a PSP. However, ensure that the gateway also has either an in-house anti-fraud system or integration with a third-party provider—or better yet, both. Additionally, make sure that VISA and MasterCard network tokens are available, as they are becoming the new industry standard, especially for recurring transactions. Also, verify if it is possible to use the PSP’s own MPI with the acquiring banks they offer.

Em um projeto, me deparei com a complexidade das cobran?as: taxas de configura??o, mensais, transa??es e até mesmo de convers?o de moeda. Por isso, é essencial entender como essas taxas impactam o custo total e o modelo de pre?os – se é plano, hierárquico ou intercambiável. Saber disso ajuda a evitar surpresas e a escolher a op??o mais vantajosa para o seu negócio.

Here's a win-win tip: Let's say payment provider A offers competitive rates for card processing but levies hefty fees for alternative payment methods (APMs). On the other hand, payment provider B might not have the best rates for card processing but offers lower costs for APMs. Integrate both providers, route transactions between them accordingly, and save on fees!

Fees and rates: the hidden villain of payment gateways! ?? It's not just about transaction fees—you've got setup fees, monthly fees, chargeback fees, and even currency conversion lurking in the fine print. When comparing gateways, make sure you’re looking at the whole picture. Flat, tiered, or interchange-plus pricing? Each has its pros and cons, so dive deep into how fees are calculated based on card type, amount, and risk level. A cheap rate up front might cost you more down the line. Choose wisely and keep those margins in check! ????

Critical in an international space as fees for even the major brands (smaller in scope outside of the US) is different from the US pricing many times. AND you have to add all the APMs (Alternate Payment Methods) which are usually more prevalent and used (well above the 50% mark for most of the vs the major card brands in the US).

You're going to want to get a handle on their chargeback thresholds, warning systems and fines. As you scale you can start generating significant fines and reputation damage from overly problems like 'friendly fraud', which you'll want to combat, too. It's useful to use Payment Orchestration to spread your payments around to keep under the risk thresholds and maintain a good reputation. As your reputation decreases (and your risk increases) you'll likely pay more per transaction which seriously adds up at scale. Also, check out the cost for your transaction volume for your business today and once it scales.

When using a payment orchestration platform cashier, platform or CRM, first check if there's an existing integration with the PSPs you plan to use. ?? This saves tons of time during onboarding, letting you focus on optimizing payments instead of new connections. If there's no integration, no worries! Just ensure the documentation is clear and detailed. ?? A well-documented API is your best friend, and having a responsive tech team ready to assist is crucial. ?? Fast setup, faster results! ?

Modular and scalability capabilities are essential features for integration and compatibility as it is extremely important for a payment gateway to have the capacity to take on incremental value and volume of transactions, whilst at the same time able to interact seamlessly with different payment platforms.

Now that most merchants use WordPress or woocommerce, it is required that you choose a payment gateway that has compatibility to stand with these online store creation sites and offers easy integration service. It is best if a payment gateway provides a plugin to integrate the checkout page. It only takes 5 mins to add a plunging and activate it. Also, nowadays, Server to server integration is the trend, the reason is quite simple it happens on a network level, so it is easier to integrate than host-to-host pages.

Ao escolher um gateway de pagamento, certifique-se de que seja fácil integrá-lo ao seu site ou aplicativo e compatível com suas plataformas e ferramentas existentes. Isso facilita o processo de pagamento para você e seus clientes.

Having a wide array of options for clients is fantastic, but the "more is better" rule doesn't always apply here. Offering too many methods can drain resources and won't necessarily lead to success. Conversely, having too few options can also be limiting. The key lies in relevance! Consider two main criteria to make the right choice: your audience's AGE and GEOGRAPHY. These factors will guide you toward selecting the most suitable options.

It doesn’t matter if your PSP offers 300 payment options if the ones you need aren’t included. ?? Make sure the payment methods and currencies essential for your business are available—or at least can be added. Whether it's credit cards, e-wallets, or mobile payments, the right payment gateway should cover your local and global audience. ?? And don’t forget about currency support! A gateway that allows you to price in multiple currencies or auto-convert payments is key to expanding your reach. ????

Ao escolher um gateway de pagamento, é crucial avaliar os métodos de pagamento e moedas que ele suporta. Imagine que você deseja alcan?ar clientes do mundo todo – um bom gateway deve aceitar cart?es de crédito, débito, carteiras eletr?nicas, transferências bancárias e pagamentos móveis. Isso amplia seu alcance e facilita a vida do cliente. Outro ponto importante é a quest?o das moedas. Ter a capacidade de receber pagamentos em várias moedas, e convertê-las automaticamente para a sua preferida, faz uma grande diferen?a. Você quer garantir que o processo de pagamento seja simples e intuitivo, tanto para você quanto para seus clientes

While a wide range of currencies is great for international capable company and its products it really is a function of the acquiring bank to support those currency types. AND if you're processing in some foreign locations you are required to have a domiciled ENTITY in that region. While all of that is possible it takes time (and money), the gateway is great, but there is a little more to it than just a middlew-ware gateway.

Ao escolher um gateway de pagamento, é importante verificar quantos métodos de pagamento e moedas s?o suportados. Certifique-se de que o gateway permite aceitar uma variedade de métodos de pagamento populares, como cart?es de crédito, débito, carteiras eletr?nicas e pagamentos móveis. Além disso, verifique se ele suporta diversas moedas, permitindo que você defina pre?os em diferentes moedas ou fa?a convers?es automaticamente. Isso garantirá que você possa atender a uma ampla gama de clientes, tanto local quanto globalmente.

Sure, 24/7 support sounds awesome, but remember, you’re paying for it! ?? If it's not crucial for your business to have round-the-clock assistance, maybe stick with regular working hours and save on those fees. Most issues can be handled during normal hours, and having solid documentation, FAQs, and a friendly support team goes a long way. A dedicated account manager or technical team? That’s where the real value lies—just make sure you get what you need without overpaying for extras. ????

Based on your region and the location of your business that customer support team should be able to support both you and your consumers on THEIR time (time-zone). In many instances also in your native language - or the ability to support many languages based on your "international flavor". While here this is down in the list (number 5) it really should be considered number one or at least NEAR the top as it is key to sustainability.

Read reviews and discussions about the payment gateway’s support team on multiple open forums to gauge user satisfaction and common issues. Additionally look if can have access to help centers, FAQs, and community forums on the payment gateway's website.

When choosing a payment gateway, remember you're not just selecting a vendor but a partner who can help you grow and succeed.? Exceptional customer support is crucial for large enterprises seeking personalized solutions and small businesses learning about the payments industry and available features and services. Leverage your account manager's expertise—ask for insights to reduce decline rates, mitigate disputes, and combat fraud. Don't hesitate to request case studies showcasing how they've helped other merchants optimize costs and boost revenue.? Their recommendations can significantly enhance your operations!

Ao escolher um gateway de pagamento, é essencial considerar a qualidade do atendimento ao cliente e suporte oferecido. Procure por um servi?o que ofere?a suporte confiável e acessível por telefone, e-mail, chat ou sistema de tickets. é importante ter um gerente de conta dedicado, equipe técnica experiente e atendimento ao cliente amigável. Além disso, certifique-se de que o gateway forne?a documenta??o abrangente, FAQ e um blog com dicas úteis. Esse suporte eficaz pode ser fundamental para resolver problemas rapidamente e garantir uma experiência positiva para você e seus clientes.

When comparing payment gateways, prioritize performance and reliability. Choose a gateway with high uptime and low latency to ensure fast and secure transactions. It's essential to select one that maintains performance during high transaction volumes. Additionally, opt for gateways that offer detailed, transparent reporting—this allows for effective monitoring of payments and cash flow. From experience, gateways that combine speed with robust analytics provide the greatest advantage, helping businesses streamline operations and enhance financial management.

Honestly, I’d move this to criteria #1! ?? How fast you receive your money and how reliable your payment provider is can make or break your business. If your provider goes down, you're not just losing transactions—you’re losing cash! ?? And if settlements are delayed, your cash flow suffers. So, look for a gateway with high uptime, low latency, and fast settlements. Reliability isn’t just a "nice-to-have"; it’s critical to keeping your business running smoothly. ???

How much does it hurt when your PSP fails because of a high transaction volume? A LOT. You'd miss a lot of revenue. That's why reliable performance (great uptime and low latency) is key.

Performance of the gateway is a good start to deciding on your preferred provider. Expanding from base requisites such as the transaction processing time, to more detailed scenarios such as their management of operations (counter-party queries/requests for further information/document related queries) all play a big role in steering your chosen gateway. If they are unable to meet your expectations for just one client & currency, the choice to select different currencies & subsequent instruments is already adversely influenced.

When comparing payment gateways, focus on supported payment methods (major credit/debit cards, digital wallets, and alternative payment methods), security features (PCI compliance, fraud detection, and encryption), integration options (compatibility with your e-commerce platform and ease of API use), global reach (support for international payments and currencies), customer support quality, and payout frequency (how often funds are transferred to your account). These features collectively determine the cost, usability, and reliability of the payment gateway for your business needs.

When choosing a payment gateway, think beyond just the basics: - Scalability: Will it grow with your business, handling surges in volume and expanding to new markets without breaking a sweat? - Customization: Can you tailor the checkout experience to fit your brand? A personalized flow can do wonders for conversion rates. - User Experience: Smooth payments reduce cart abandonment, and a seamless process is key to happy customers.

From my personal experience, I've learned that a few key features can make all the difference. 1?? Seamless integration: Look for a gateway that effortlessly integrates with your existing systems. A smooth integration process ensures efficiency in operations.?? 2?? Security measures: Prioritize a gateway with robust security features. It's not just about transactions; it's about safeguarding your customers' trust and data. ?? 3?? International compatibility: If your business spans borders, opt for a gateway that supports global transactions. It opens up new opportunities and broadens your customer base. ?? 4?? Transparent pricing: choose a gateway that offers transparent pricing models to avoid any surprises.??

The very first step is to understand what you need. Unless you do this all of the other factors don't matter. Each business has different needs - even competitors in the same space. It's important to engage across teams to define the needs of each area of the business. You don't need a business analyst to do this you just need to have a facilitated discussion. Do this first or you are sure to fail.