Author: dpgadmin

payment gateway

3 Things You Should Know While Using A Payment Gateway For your business?

Posted on | by dpgadmin | 29 Comments on 3 Things You Should Know While Using A Payment Gateway For your business?

As we all know the importance of an Online Payment Gateway is that customers get security – if they don’t receive the order, they can reverse the payment. Many credit card companies provide insurance for several days when you pay online.

With a payment system, you let visitors pay via your website without having to build an entire webshop. The visitor comes to your site, pays and you have the money in your account. But how do you choose a good payment gateway? What conditions must this meet?

Digital Payment Guru helps you to resolve such problems. It will help you to know what is Online Payment System. why it is important? which Payment Gateway you should use? and many more. And as per your requirements, Digital Payment Guru will provide a Payment Gateway Integration Service to you.

If you want to sell services or products through your website, you need a payment gateway. There are many options to choose from, but how do you know which is the best option? When choosing a payment gateway for your website, you run into the following issues:

⦁              It is often complicated to set up and implement;

⦁              You need multiple systems;

⦁              The monthly costs are high in most cases;

⦁              Or you pay a percentage per payment.

Here, we will explain what is important when choosing a payment gateway, why you need a payment gateway, and which payment gateway is best for your website. you’ll know exactly what you need to let

customers make payments through your website.

When Choosing A Payment Gateway :

It is important to know when to choose a payment gateway for your business. When choosing a payment gateway, the convenience of the customers is therefore very important, but of course, your convenience is also a major factor in the choice. As an owner, you want a payment gateway that can be trusted, is user-friendly, and calculates low costs or rather no costs at all.

You can trust Digital Payment Guru. They will help you to identify the best payment gateway for your business. And also help you with the integration services. The payment gateways are trustworthy.

Why You Need A Payment Gateway:

If you want to sell online, and therefore want to process online payments through your website, you cannot avoid the need for a payment gateway. Many people think that the only option is a webshop to sell online, but this is certainly not the case. You can also use a payment page instead of a webshop.

First of all, let’s take a look at the different Advantages and Disadvantages of both payment systems.

Online store:

  • perfect for when you want to sell many different products online
  • a huge variety of choices from webshop systems
  • recognizable and reliable for customers
  • less suitable for 1 or several products
  • a lot of technical red tape
  • checkout consisting of several pages (= poorer conversion)

Payment page:

  • suitable for 1 or several products
  • integration in your website or to be used separately
  • One-page checkout better conversion than a webshop
  • less suitable for many different products

Which Payment Gateway Is Best For Your Website :

Many payment gateways can help you and can meet your requirement. But we can’t use all those payment gateways for your Business. So, Let you know the best payment gateway for your Business:

Paypal :

PayPal provides safer, faster, and easier checkouts whether you are in India or around the world. PayPal has accepted over 200 markets and 250 million customers.

Atom:

Atom Technologies offers a bunch of payment processing services in a user-friendly manner with convenience, speed, and security over mobile.

Instamojo:

Give your customers the choice to pay via any mode:

Credit Cards, Debit Cards, net banking, Wallets, and UPI without any additional cost to your business. Multi-Channel Payment Gateway for India – SMS, Email, Whatsapp, Facebook, Website & more.

Paytm:

Paytm offers mobile solutions to over 7 million merchants. The consumer can make mobile payments from cards, Bank accounts, and digital cards among others.

PayU:

PayU provides payment methods that can be integrated into web and mobile applications.

Razorpay:

Razorpay allows businesses to accept, process, and disburse payments with its product suite. Manage your marketplace, automate NEFT/RTGS/IMPS bank transfers, collect recurring payments, and share invoices with customers – all from a single platform.

Cashfree Payments :

Cashfree Payments is a powerful and scalable payments platform built to meet the payment demands of 1,00,000+ growing businesses in India and throughout the world, such as collecting payments, sending payouts, managing foreign payments, and more.

Payoneer :

Payoneer offers fast, flexible, secure, and low-cost solutions that enable millions of businesses and professionals from over 200 countries and territories to connect and expand globally via their cross-border payments platform.

The list above shows the best payment gateway. Curious about which payment gateway for your Business is available? View all payment gateway for your Business. Let Digital Payment Guru about your company and they will easily make a pre-selection. You can then easily create a personal top three. Compare the online payment gateways with each other and find the best payment gateway for you.

Payment-Method

What You Need To Know: Payment Methods On The Internet

Posted on | by dpgadmin | 20 Comments on What You Need To Know: Payment Methods On The Internet

Payment should be easy for everyone, be it cash or electronic payment. But that is not obvious. A large group of people has difficulty with this. Think of some elderly, deaf, blind, low-literate people or people with a physical disability. It is important that they can also arrange their daily payment and banking affairs independently. And that they have as much choice as possible about how they pay. What does DNB do for accessible payment transactions?

Shopping on the Internet enjoys general popularity, above all because it is possible to shop at any hour and potential customers have the greatest possible choice.

Not only with products but also with the various payment options.

In our blog article, we go into the advantages and disadvantages of the respective payment methods.

Due to the various payment providers, paying for online shopping is very convenient.

Many online shops prefer to pay in advance because the customer has already paid for the product before it is even shipped.

Purchase On An Invoice :

From the point of view of your customers, purchasing on the account is one of the safest payment options.

The advantage: Customers first receive the goods and only then have to pay.

The same applies to returns. In the end, you only have to pay for what the buyer wants to keep.

Pay By Direct Debit :

With this payment method, the retailer has the account details and the consent of the customer, so that money can be debited from the account.

This is how online shops get their money quickly and customers can look forward to fast delivery, especially in large shops.

The advantage for customers is that the payment can be reversed within eight weeks if something goes wrong or the product is disappointing.

Shop Online With A Credit Card :

There are many countries where paying by credit card is much more popular.

Likewise, products in the B2B sector are often paid for by credit card.

After entering the credit card details, the payment can be made directly, which is a great advantage for online shops.

As with most other payment options, customers can use the so-called chargeback procedure to reclaim the amount already paid for credit card payments if there are problems with the product or shop.

The Advance Payment :

Every company is interested in the fact that payment by customers causes as few costs as possible – especially for smaller companies it is immensely important to keep costs as low as possible.

This is a way to reduce complications with late customers and thus prevent payment difficulties.

That is why prepayment is very popular with small online shops. With this payment method, the invoice amount is on the account before the goods are shipped.

In addition, many fake shops only offer this payment method. Therefore, offer different payment options so that your customers can choose the payment method that suits them best.

The Installment :

Buying in installments corresponds to modern buying behavior: Take it with you immediately, pay later – online shoppers no longer want to save for a large product for a long time. The solution: installment payments.

Customers want flexibility. This is why the financing option is particularly useful for higher-priced products.

Looking forward to the Payment Gateway work and its usefulness Digital Payment Guru helps you to identify the Best Payment Gateway for your business.

Payment Gateway

Integrating Payment Gateways for Nonprofits and Fundraising

Posted on | by dpgadmin | 21 Comments on Integrating Payment Gateways for Nonprofits and Fundraising

In today’s era of digital communication and online fundraising, nonprofits have recognized the need to simplify their supply chains and ensure simple and secure channels through which they can pay their sponsors and integrating payment gateways into their operations has been an important step towards achieving this goal.

Payment methods act as a bridge between websites or nonprofit banks and financial institutions, enabling seamless Internet transactions. This combination brings many benefits to nonprofits and fundraising efforts:

Provides ease: Payment gateways offer a wide range of payment methods such as credit/debit cards, e-wallets, and even cryptocurrencies, making it effortless for providers to they will help This feature encourages more supporters to get involved.

Security: Payment channels are equipped with robust security features, protecting sensitive provider information. This builds confidence in potential donors who may be concerned about the security of their financial data.

Automated processes: Payment gateway integration allows for automated donation tracking, receipt generation and reporting. This reduces the administrative burden on nonprofit organizations, freeing up resources for more profitable activities.

Giving Back: Reimbursement strategies support giving back strategies, which are critical to the long-term sustainability of nonprofits. Donors can set donation thresholds, creating consistency in fundraising efforts.

Global reach: Payment methods facilitate international donations, expanding the reach of nonprofit donors beyond geographic boundaries.

Data insights: Nonprofits can access valuable data and analytics through payment methods, helping them understand donor behaviors, preferences, and trends. This information can guide targeted fundraising campaigns.

While there are many advantages to integrating payment gateways, it is important for nonprofits to choose the right gateway provider through factors such as transaction fees, contractual terms, and how gateways consider the alignment of the funds with their fundraising.

In conclusion, payment channels have become important tools for nonprofits and their fundraising efforts. They enhance the donor experience, improve operational efficiency, and enable nonprofits to have a greater impact in their constituencies. By adopting this technology, nonprofits can better mobilize support and funding for their products, creating a brighter future for all.

E- commerce

Why Do Payment Transactions Fail On An E-Commerce Site?

Posted on | by dpgadmin | 25 Comments on Why Do Payment Transactions Fail On An E-Commerce Site?

Depending on the market, business sector, or geography, between 5% and 20% of payment transactions fail once a customer clicks on the “Pay” button!

This automatically means a loss of 5% to 20% of sales for the e-commerce site and therefore a significant impact on its turnover.

But how does this black box that is the payment process work? How to avoid errors? And above all, how to optimize your payment system?

‍The Hidden Face Of The “Pay” Button

Each country or region of the world has its cultural habits of online payment. B2B uses bank transfers more often, while B2C will approach 100% card payments.

In the scenario of payment by credit card, there are several actors:

• The customer’s Issuing Bank

• The merchant’s Acquiring Bank

• The Payment Service Provider (PSP): this is the heart of the process, it manages the different means of payment, works with acquirers (sometimes their own, sometimes local) takes care of the legal authorizations… and invoices your transaction fees according to all these parameters

• And of course the customer and the merchant

A payment procedure will take place in 2 steps.

Step 1 – Authorization:

Indeed when a customer pays online, he is not automatically debited from his account, he simply requests a purchase authorization from his bank: This is the authorization process.

The PSP receives the banking information and asks the issuing bank (your customer’s bank) if they wish to accept or refuse the authorization of the transaction. The issuing bank chooses whether or not to validate a transaction. To do so, it relies on financial and risk parameters.

From a financial point of view, the issuing bank will accept the transaction if the customer can pay (customer history, money in the bank account, payment limit, etc.).

From a risk point of view, the issuing bank will accept the transaction if it considers that it is not a fraudulent transaction (MCC- Merchant Category Code, secure site, location of the site about the customer, transaction history refused). Indeed, for financial and legal reasons, banks must maintain a low level of fraud and thus reject transactions in case of doubt.

Step 2 – Payment:

It is only later (between a few hours and a few days) that the merchant will receive the amount linked to this transaction in his bank account: This is the settlement process.

The merchant, via the acquirer, will send all the authorizations previously received to the card network (Visa, Mastercard, etc.) to collect the funds from the customer’s bank and simultaneously send the funds to the e-commerce site.

Note: More and more circuits other than banking have emerged recently (Paypal, Apple Pay, Amazon Pay, etc.), PSPs have adapted by now offering offers covering all payment solutions and interfacing with the customer’s payment system.

The 3 Main Reasons For Payment Failures

Technical Issues

The payment process involves many intermediaries. In addition to the PSP, other sub-suppliers are involved (acquirer, card network, 3DS [3] suppliers, issuing bank).

To reduce these so-called technical failures, the best option is to create a more flexible payment infrastructure: In effect, you can cascade multiple PSPs to ensure that your transactions always have a working route.

For example, depending on the geographical origin, you can route the payment to the PSP most suited to the region. Similarly, you can set up a payment route to test a first generalist PSP for example (at lower costs) then test a second more local one in the event of failure (at higher costs than the first but with a higher success rate for this region). Another example you can choose to disengage the 3DS when this service is faced with downtime and thus not block all your transactions. Anticipation, auditing, and knowledge of your PSP’s routing routes will be key in resolving these issues.

Risky Trades

Payment failures following a risk assessment generally stem from a lack of trust on the part of the issuing bank (that of the customer) or the acquirer (the intermediary between the PSP and the bank). Several parameters can be taken into account to define the risk profile of a transaction: location, country of the card compared to the country of the merchant, time, amount, etc.

There are many ways to “reassure” the issuing bank. The most important thing is to send the correct information to the bank.

Each bank has its payment analysis criteria and parameters. It is up to you to adapt to facilitate the evaluation of your transactions by them.

Customer Errors (Human Errors)

Failures due to “human” errors (wrong card number, missing information field, etc.) are fairly easy to prevent and repair. This can go through UX optimizations:

• Fields in red when an incorrect or missing element

• Return to the easy banking information page

• Highlighting the error with a clear explanation

• Fields more suitable for entering card numbers

• Avoid taking the user out of the site

• A “disengageable” 3DS, if the buyer is known, if the amount is low, etc.

Financial Failures

When a payment fails due to a customer’s financial problem (ceiling too high, lack, no liquidity present on the customer’s account, etc.), it is a question of thinking about commercial solutions rather than technical ones. This can range from offering payment in installments and pushing a credit offer, but also for service offers, taking the risk of giving access to the product while trying to pay again in a few days.

Payment Gateway

How Online Payment Prevents The Spread Of Coronavirus?

Posted on | by dpgadmin | 15 Comments on How Online Payment Prevents The Spread Of Coronavirus?

 

We all are aware now that the coronavirus does not spread through Chinese food or Alcohol Beverages, importing goodies from china, and more, but one thing we are not aware of is the risk of getting infected through currency note exchange.

Since India has shot up to 110 cases of Coronavirus, the government has issued several measures to keep people safe.

What is Corona Virus?

Coronaviruses are a wide family of viruses, according to WHO, that trigger diseases ranging from the common cold to more serious diseases including Middle East Respiratory Syndrome and Extreme Acute Respiratory Syndrome. 

A novel coronavirus is a modern 

strain not previously found in humans.

What Causes Coronavirus?

WHO is not sure about the cause of coronavirus. For now, doctors and medical experts have reported that respiratory droplets are produced when a person already infected by coronavirus coughs or sneezes.

A recent article by Economic Times states that exchanging cash could be risky for people as the virus is spreading fast. In India, cash is still the primary mode of payment. For all the small payments in the market, restaurants for traveling we prefer cash payment.

Cashless Payment prevents the spread of Coronavirus.

Currency notes are easily transmittable to disease carriers. 

Indeed, the 2016 International Review of Scientific Research reported that over 58 percent of banknotes bore pathogenic disease- agents. 

So, how are you making payments? Go ahead! It is safer to use digital wallets in moments like these to carry out all of your purchases.

How Digital Payment can help you in the Corona Virus outbreak?

Qr Code Payment

 

In all the grocery stores, instead of taking cash, you can put the QR Code on the cash counter which can be scanned by your customers to make payment. All you have to do is, Download a UPI payment app like Google Pay, PhonePe, BHIM, or Paytm and print your QR code and stick it on the cash counter. The payment is done in seconds and reflected immediately in your bank account.

Card Payment

 

For years now we have used credit cards and debit cards to make online payments. A good enough substitute for cash, cards are a good idea if you’re running a company that needs a huge customer payment.

Payment Gateway

 

Using a Payment Gateway can be helpful as you can accept huge payments from your customers online. All you have to do is sign up with a payment gateway, update your bank details, and start using the payment gateway. You can accept payment by adding a payment button on your website or sending the payment link to customers, they can click on the link and make payment using the desired payment method like debit card, credit card, NEFT, UPI, and more. With a Payment gateway, you can accept payments anytime anywhere.

Related Post: Everything you need to know about Payment gateway.

E-Wallet

 

You can accept payment from your customer into the e-wallet, payment apps like Paytm, Amazon provides an e-wallet feature. This money cannot be transferred into a bank account but can be used to make bill payments.

What the RBI needs you to do to prevent the disease from spreading:

When you are visiting an ATM to withdraw cash, make sure to wipe the keypad with a tissue before and after using it. Do not reach an ATM when it is busy and if hand sanitizer is available, apply it after handling the cash.

Note, don’t panic, don’t touch your face, and, most importantly, start collecting payments online –it could save your life!

 

Payment Link

Payment Link Reminders

Posted on | by dpgadmin | Leave a Comment on Payment Link Reminders

Do you know, Out of the total B2B sales made in India, 40% happen on credit? This is the flow of business in India for a long time. The real pain is follow-ups after payments are immense. Almost every business has to deal with this ordeal every day. There are two faces of a product, one is you crack a deal with the customer and the other is collection of the payment from him/her. It is very often that the customer hangs up the call leaving an incomplete payment request. Payment links can solve this problem. Instant links to collect quick payments. Within a year of use of the payment, links have increased with more than 1 crore links being created. 

The problem is not completely solved with the introduction of payment links as the customers do not respond to the messages or emails through which the payment links are shared. Payment links do ease the collection of payment but it is still a task to convince the customer to click on the link to make a payment. 

To overcome the problem, reminders on payment links are introduced. Payment Links are now available with automated reminders which helps in increasing the number of paid invoices and links, reducing the cost involved after the manual effort behind collecting payment & reduce the number of days taken by the customer to make payment.

 

The reminders can be sent depending on the date of sending the payment link. If you have set an expiry for the payment link then the reminder can be set before the expiry so that a payment reminder with the payment link will be sent to the customer before the link expires.

The payment reminder will be sent based on an analysis of your payment history, let’s say, in the past, you have made a frequent payments during the day, and Payment Links will be sent in the daytime. The reminder will be sent by SMS/Email. 

Payment reminders prove to be more effective as it has increased the conversion rate, it also helps in identifying whether the customer has received the payment link which they haven’t paid yet. For example, the customer has shown interest in purchasing the product and reaches the payment page but doesn’t make the payment and exits.

Many merchants are switching to online payment for the ease and automation of payment collection. Get a payment gateway for your business at the lowest market rate with Digital Payment Guru. We provide payment gateway integration services of the best payment gateways like PayU, PayPal, Instamojo, Atom, and Paytm.

Benefits of Digital Payment Guru:

Payment Gateway Integration: 

Provide payment gateway integration into your existing system thus avoiding the hassle of integrating the payment gateway on your own or hiring a developer.

Best rates: 

The transaction rates of payment gateway range from 2.5-4% per transaction but we provide payment gateway at the best transaction rates compared to market rates.

Website audit:

If you have an existing website and want the payment gateway integrated into it, we provide a full website audit with a payment gateway integration service.

You can also build a new website. To know more about the website building service click here.

Consultation: 

If you are confused about which payment gateway to choose from, we provide consultation by analyzing your business needs and suggesting the best payment gateway for your business with the payment gateway integration service.

 

 

Online Payments

Payment Gateway For Travel Business.

Posted on | by dpgadmin | Leave a Comment on Payment Gateway For Travel Business.

 

If you own a travel business, you should give your customers a good shopping experience, no matter what business model you are following. With Digital Payment Guru as your online payment solution provider, you will be able to provide your travelers with an uninterrupted shopping experience and carry your company to an unbeatable level.

People have found out different ways to relieve stress and traveling is one of them. This sector is growing at an unbelievable rate. A report from the World Travel and Tourism Council states that India ranked 3rd among 185 countries in tours and travel total GDP contribution in 2018.

People prefer online payment while booking a hotel or a tour package. The study says that 95% of the website traffic drops off without completing a transaction.

Are you using the right online payment solution provider for a flawless overall experience?

Also, Read Everything you need to know about Payment Gateway.

Why Digital Payment Guru is the best payment gateway solution provider for Travel businesses?

Wide Range of Payment Gateways to Choose from: 

We provide payment gateway integration service of a wide range of Payment gateways, 100+ payment options, PCI-DSS compliant payment gateways, seamless checkout, Online Store, and uninterrupted payments. To know more click here.

Payment Button for your Website:

Add a payment button to your website by clicking on which your customers can make a quick payment. Adding a payment button is not a big task, a two-line code needs to be added to your website. The button can be customized according to your website theme to complement the overall look and feel of your website.

Request Payment with Payment Links:

Create a payment link in the payment gateway dashboard. This payment link can be shared on WhatsApp, emails, text messages, and any social media platform and get paid instantly.

Accept International Payment:

Take your business from Local to Global with Digital Payment Guru’s international payment support, accepting payments in more than 100+ currencies. 

100+ Payment Options:

Provide your customers with more than 100 payment options so that they can make payments with the desired payment mode. This can help you in customer retention.

Same Page Checkout: 

If the customer is redirected to another page other than the website, chances are the customer will cancel the transaction on the second thought that it’s a scam. We provide the same page checkouts to provide ease of payment for your customers and increase the chances of conversion.

Responsive Checkout: 

The checkout page will be responsive for your customer’s convenience so that they can make the payment from mobile, tablet, or desktop.

Secure Transactions:

Our payment gateways are PCI-DSS compliant which is a security layer that encrypts the cardholder’s credentials to avoid cyber fraud. Also Read: Is your data secure with Payment Gateway?

Analyze your Business Performance:

You can track and manage all your transactions, send payment reminders, and more from a single dashboard. You can also monitor your business performance based on cash flow.

Digital Payment Guru believes that uninterrupted payments are important but secure transaction is more important for providing a better payment experience. We provide a wide range of top payment gateways that suit your business requirements. To explore our services click here.

 

Payment Gateway

Payment Gateway for MSMEs

Posted on | by dpgadmin | Leave a Comment on Payment Gateway for MSMEs

 

India has more than 20 million SMEs. As an online business, it’s not enough just to have a shop or website. It’s also important to give the customers the choice to pay across different modes. There are a variety of gateways for payment in India. How do choose the best payment gateway for your business?

 

Let’s roll down and help you choose the best payment gateway.

 

MSMEs and Individual Seller

If you own a business with an investment of fewer than 10 crores and several employees fall below 50 then here’s what you should be looking for in a payment gateway to go online.

Being an MSME you should be looking for a payment gateway with:

  • Cost-effective.
  • Effortless documentation and legal matters.
  • Convenient payment for customers
  • Coding free integration
  • Multiple Payment modes
  • Multiple Payment collection platforms (Social Media, Messages, Emails, and more)
  • Provides Online Store.
 

Small Business:

Do you own a general store or you are a vendor looking forward to collecting online payment? Your local store might be doing well without an online payment facility but having an online payment solution can help you boost your sales, how? What if a customer shopping at your store wants to make a card payment and you do not have an online payment feature? You will lose sales. Thus, having a payment gateway can help you boost sales.

What should you consider?

  • Providing your customers with an online payment option will be an add-on for you. 
  • Look for a payment gateway that provides not just a wallet but other online payment features like Credit/ Debit cards, Net banking, and more. Having just the wallet payment features has its drawbacks like the customer wanting to pay online might have not done KYC for wallet payment.
  • Look for a payment gateway that provides hassle-free documentation and legal matters because you do not want to visit your payment gateway office back and forth for getting your documents clear where you invest your time and money.
  • The payment gateway should be coding-free as you do not want an additional person to look after the payment gateway to resolve the technical issues.

 

Online Business:

Do you have an online business with more than 50 employees?

 

Here’s what you should consider:

You should go with the traditional payment gateway. Traditional payment gateways are time-consuming when it comes to documentation and legal matters but considering your high investment it is worth your time. Also, you need to need an additional person to look after the integration of the payment gateway. Make sure that the payment gateway provides multiple payment options so that your customers can pay with any payment method they are comfortable with.

 

 

Large Retail Chain:

Do you own a Super Market or Retail Chain?

 

Here’s what you should consider:

Online Payment is not for you. But having an online payment solution and providing multiple payment options for your customers will be a smart option. You should consider having a payment solution for collecting the payment faster and online payment will solve this problem. Traditional POS machines might be working fine but having more options will improve the payment experience.

 

Hope this helps you in choosing the right payment gateway if you are still confused just drop us your query our expert will get in touch with you.

We also provide payment gateway integration of top payment gateways at the best market rates. 

 

Is Your Data Secure With Payment Gateway?

Is Your Data Secure With Payment Gateway?

Posted on | by dpgadmin | Leave a Comment on Is Your Data Secure With Payment Gateway?

Did you ever imagine that payment gateways in your life would be so omnipresent? Possibly not. And yet, we are here. Today, each time you make a digital payment, you run into a payment gateway. When you pay Rs 100 for food or buy an iPhone worth a lakh from an e-commerce service, you connect with a payment gateway.

Without a doubt, payment gateways made online purchases very convenient. But when they pay online, many customers usually face some sort of anxiety. Even if we believe that the transaction will be safe, when we enter our card or bank details, there is always a doubt at the back of our minds. It’s after all our hard-earned money on the line.

Nevertheless, as digital payments are not going anywhere but up in terms of usage, let’s understand how secure your online transactions are and what exactly a portal of payment is doing with your data.

 

Encryption through PCI-DSS Compliance:

First things first, a payment gateway does not store the data as is. The best payment gateways are PCI-DSS compliant. The PCI Security Standards Council is a global organization that sets security guidelines on all online payment processes for the protection of cardholder data. PCI-DSS is a global online security standard. To you, this ensures that your electronic transactions are encrypted to ensure that there is no interception of data.

In simple words, a payment gateway doesn’t store your sensitive information like name, card number, pin, password & CVV. It only uses it for completing the transaction.

 

HTTPS for High Security:

Data security begins the moment you land on the website. A payment gateway uses the highest SSL certificate authentication, which enables the data to be authenticated by TLS. It might sound a bit tricky, but in simple words, you just have to look for the website. A website with https:// is a secure website.

Today, most e-commerce companies work with secure payment gateways to make sure their customers ‘ data is not compromised. You can also test whether or not the website or payment gateway page is safe by searching for https:/ in the URL, but in addition to understanding how payment gateways provide protection, let’s look at something called tokenization.

 

Tokenization:

While making the payment you enter the 16-digit number. The payment gateway substitutes the 16-digit number with a single token. This token is a set of random characters to replace the 16-digit number of your card. It allows the authentication of payment without revealing sensitive details. Cards are assigned randomly, making the actual card number from the token incredibly difficult to reverse-engineer.

 

 In conclusion, payment gateways and online transactions in today’s world are by and large safer. You can go ahead and digitally transact with proper peace of mind. Only make sure you keep your eyes wide open so you don’t slip into traps.

website

How To Build Online Business Without A Website?

Posted on | by dpgadmin | 1 Comment on How To Build Online Business Without A Website?

 

Planning to start a new online business, but do not want to go through the hefty process of website building?

We are here to solve this problem, there is no need for a website to start an online business.

Back in the old days, when internet access involved a dial-up connection, there was no other choice for companies but to sell their products and services through the traditional method–a website. 

If you wanted to have a successful online company, there was a time when you had to have a website. You either had to employ a developer, designer, and marketing specialist to get your website into the business model or learn the truth yourself to make money.

Is the website really necessary for Online Business?

Not really, you can start your business without a website by sharing your digital catalog on social media and WhatsApp. This is a budget-friendly way of marketing your business. Also, you can save the cost involved in creating a website for which you hire a website developer, hosting domain, and apart from that yearly renewal of the domain. 

When you plan to create a new website for your business, you will come across several terms like domain name, hiring a website developer and yearly renewal, maintenance of website and so on which increases the hassle and cost of creating the website. Many businesses quit before setting up the base. There are other alternatives to a website.

How to start your online business without a website?

There are two ways to start an online business without a website:

  1. Online Store.
  2. Page Builder.

Online Store: 

 

The online store provides the company with a one-stop e-commerce store to sell its products and services. On the online store, you can sell any number of products. Simply register and start adding the items to the store.

Online Store allows you to create a free web store with built-in payment options and a shopping cart in minutes to help customers buy multiple items in one go. Check out the online store features of Digital Payment Guru. Payments and shopping carts are included in your online store. To grow your company, you also get data-driven insights and a rich app store.

An online store is unlike a website, it doesn’t require you to hire a developer, a yearly renewal, and maintenance.

Page Builder:

 

Using Page builder, you can create a quick one-page website for your customers to scan before redirecting them to a payment link or online store. Customize and layout your website using our gallery Download photos, add pay buttons, and upload videos You can watch the short tutorial here to understand the process of making a page creator.

You don’t need a full-fledged website to begin your online business. In two steps, with one of our tools, you can start your business and start selling.

When you start a business without a website, it’s good for your brand. You can consider creating a website once you bring in the followers, and the revenue, generate sales, and get the word of mouth to go smoothly.