In this digital age, having an online presence is essential for any business. But choosing the best payment gateway is equally important for small business owners. It can mean the difference between an easy payment process and a frustrating experience for your customers. Here are some points to consider while choosing a payment gateway:
Paypal: PayPal is a global payment platform with over 325 million active users and an excellent reputation. As a payment gateway, Paypal offers world-class security and convenience. It accepts nearly every major credit card, and supports international currency settlement. Besides, its seamless shopping experience and customer service have helped it become a popular choice among Indian merchants. Plus, its low per transaction fee is 82% lower than most other payment options.
PayPal: PayPal is an excellent option for small businesses, as it supports payments in 60 currencies. PayPal is an excellent choice for B2B e-commerce because it automates the transaction processing. This saves time and money for companies. PayPal customers can pay through PayPal, while CashFree is one of the leading payment gateways in India. It is easy for businesses to accept PayPal payments through their websites, and PayPal customers can pay through PayPal or CashFree.
Instamojo: This multichannel payment platform offers direct payments, instant onboarding, and weekly payment. Its scalable platform is an All-in-One solution for small businesses. Instamojo supports multiple payment methods, including NEFT via virtual account number, and many others. It also supports multiple third-party integrations, including a variety of APIs and plugins for a wide variety of popular web platforms.
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