Basically a payment gateway is a secure way for your customers to enter their payment information, including credit & debit card details, on your website. It encrypts their data (via SSL) and works with your bank to determine if the payment is legit. If it is then the money will quickly make its way to your bank account. If not then the payment will be rejected and you can avoid painful chargeback fees.
However, just make sure you don’t end up penny wise and pound foolish. There are four costs you need to be aware for that will determine how much ultimately pay for your payment gateway.
One time Set-up Fee: €0 – €1250
Monthly Fee: €10 – €150
Transaction Fee: €0.01 – €0.25
Transaction Rate: 1.00-5.00% (may be charged by your merchant account provider rather than payment gateway provider)
Benefits for your business
Fully customised solutionsWe'll work closely with you to customise your payment processing needs to best suit your eCommerce strategy.
Performance driven designOur partner platform’s are scalable, adapting to changing requirements to support you as you grow your business.
Grow sales volume and valuePaving the way to a rapid and smooth implementation with on-going dedicated technical support.