Payment gateways are becoming one of the most fascinating and important processes of e-commerce nowadays.
Most times whenever we shop from the shopping malls or stores then it does not matter how much time we took to select the things but when it is about payment then every customer wants it to be in the least time possible.
The same goes for online shopping when the customers spend hours scrolling the complete store, but while processing the payment they somehow want it to be quick and most importantly secure.
Mobikul mobile a builder has spent hours coding the best lines of code for the payment gateways and providing the customer with the safest gateway available as of now.
Here, multiple online and offline payment gateways are available that can be used by the customers as per their convenience.
Some of the Offline Payment methods include:
- Bank Transfer
- Cash on Delivery
- Money Order
- Personal Cheque
With the increasing digitalization, people are more into placing orders from mobile phones and making the purchase in the most convenient way possible.
So Mobikul Mobile App supports around 50 payments which is an impressive amount. It can use almost all the payment methods for all the continents.
Some of the best online payment methods are as follows:
- Paypal
- MangoPay
- Stripe
- Apple Pay
- Adyen
- CCAvenue, etc
Any of you can integrate this simply to your eCommerce store or mobile app by processing the simple customization process.
Utility of Payment Gateways in Ecommerce
Now at this point in time when the complete marketplaces are online, we can not expect the customer to make the payments in their previous traditional methods.
Obviously, the payment methods will become smarter and faster in order to provide customers to pay using the best online payment methods.
These payment methods are required because they provide the following benefits:
- Smooth Checkout
- Flash purchase
- Renders faster payment processing
- Accepts multiple payment choices
- Proper fraud management
- Recurring billing available
- Security
Types of Payment Gateways
Redirects
Let’s take PayPal as an example of this.
When the payment gateway demands a customer to a PayPal payment page to process the complete transaction i.e. processing and paying it becomes a “Redirect.”
Small businesses can simply use this for maintaining the security and maintenance of the payments. Here, very little control of payments is at the merchant end.
Off-site Payments
Let’s say Stripe’s payment gateway, the front-end checkout will happen on the merchant site, but the payment processing happens through Stripe’s back end.
Like redirected payment gateways, there are some benefits to handling your payments this way, including integrity.
But as is the case above, the merchant won’t be able to control the entire experience of the user through the payment gateway.
On-site Payments
This type of payment gateway is super sufficient for huge businesses in which merchants can handle it completely from their end. The merchant will be responsible for anything that happens.
That’s all for the Various Payment Gateway Support: in Mobikul Mobile App Builder. If you still face any issue, feel free to add a ticket and let us know your views to make the module better at webkul.uvdesk.com.