Payment Gateway Solution For Singapore Based Ecommerce Businesses
In the era of globalisation and modernisation, the E-commerce industry has boomed to its extent. All the developed and developing nations, be it China, Singapore or India are rapidly advancing in the field of their respective industries. In nut-shell, the E-commerce industry abbreviates Electronic Commerce which means purchasing and selling of goods, products or services over the internet. Such kind of business transactions can be done in four different ways: Business to Business (B2B), Business to Customer (B2C), Customer to Customer (C2C), Customer to Business (C2B). If you are looking for an Ecommerce payment gateway in Singapore, Quadrapay will be happy to assist you.
The expansion of business has reached around the world. It has fostered the relationship with the customer for which Payment Gateway with Multi-currency support is compulsory. It helps the customers and merchants to know and easily understand the best payment gateway for the online business. Indeed, payment gateways specifically do a magnificent and splendid job at managing and processing payments.
So it is very important to select the correct payment gateway for your business. Quadrapay is a reseller which will help merchants in Singapore to get the best payment processors.
How Ecommerce Payment Gateway Works For Singapore Based Companies?
If we specifically talk about Payment gateway, it cites the e-commerce service that processes, confirms and accepts or refuses direct payments or credit card processing on behalf of merchants using insured internet connectivity. It surpasses the information between the payment portal and the bank (front-end processor). An obscure person can do the shopping, and hence encryption and advanced verification technology have been made to make sure that relevant transactions have been transmitted to the processor.
Features Of A Good Ecommerce Payment Gateway In Sg.
The right payment gateway acts as a catalyst and secures the online business from fraud and deception. For safe and secure transactions, the merchants must look for PCI- compliance and SSL certifications. Let’s discuss some of the points that a payment gateway for your eCommerce industry should have:
- PCI DSS Compliance: It stands for Payment Card Industry Data Security Standard is an information security standard. Card data is crucial to protect from unauthorised users. It also helps your business and does safe and secure transactions over the internet. All the compliance are developed and managed by the Payment card industry security standard council (PCI SSC).
- SSL Certificate: It stands for Secure Socket Layer Certificate creates a secure layer between the browsers and the user or visitors. If you are selling goods on your website and you want to accept payment online, then you must have an SSL certificate for website security.
- Risk Mitigation and Fraudulent Transaction Management Services. In the present time, everyone is aware of the word Risk. No one is taking risks with their own businesses. Everyone wants to play in a safe environment.
Apply For E-Commerce Payment Gateway in Singapore Today
Moving ahead, the expansion of business in Asia uses simultaneously local and international payment gateway providers. The respective market has reached its verge of potential, and in the business of Singapore, there are various gateways which receive credit card payment online. We at Quadrapay also provide E-commerce Payment Gateway in Singapore with fast approval. No need to go anywhere. You just fill the pre-approval form and press the submit button. After that, one of the experts reaches you. If you have any queries or doubts related to the payment gateway, you can mail us at [email protected].