5 benefits of Custom Payment Gateway

As ecommerce continue to replace traditional brick-and-mortar retail experiences, the avenue for payment gateway software offerings -- and the software development companies that provide implementation solutions for them -- has only widened. In addition, most major retail stores have adopted some method of accepting payments via app to accommodate customers who prefer not to use debit or credit cards, cash, or checks.  

The most important factor in choosing a payment gateway is security. If business owners lose the trust of their customers because of a breach in their chosen payment gateway, it could mean huge profit losses. 

Check out the benefits of Custom Payment Gateway Implementation: 

• Merchant Dashboard: Payment gateways can interface with transaction analysis software to analyze sales KPIs. This feature is useful for business owners who offer their products and services on multiple channels, as they can assess the efficiency of operations from each physical store compared against website sales. All data is easily viewed and shared from a centralized dashboard. 
• Multiple payment options: Most payment gateway solutions support all major credit and debit cards, as well as ACH payments and electronic checks. By using ACH payment gateways, merchants can easily collect from clients, whether pay via mobile wallet, online transfer, or other less traditional channels. 
• Automatically Compromise: Traditional payment terminals are notoriously unreliable. They break down, fail to process transactions, and sometimes even double-charge customers. To avoid these errors, many stores choose to go the online payment gateway route instead.
• Reporting: Payment gateways allow business owners to create custom fields and filter options for tailored reports that can be easily shared with managers and company stakeholders. These intuitive reports and visualization tools can be accessed from any internet-capable device.
• 24 Hours service: Online retailers with reliable payment gateways can rest assured that, while they sleep, overnight payments are being processed safely and with all the typical precautions of traditional payment processing.

What we offer: 

Chetu is a world-class software development company that offers custom software solutions that are industry- and customer-specific. We provide professional, individualized software solutions for every client we deal with, leveraging our developers’ diverse industry experience. To learn more about our custom payment gateway implementation solutions, check out this case study and speak with our software development specialists.