How To Select An Android Payment Gateway

The new millennium presents online business an opportunity to reach millions of customers online through mobile Apps. M-Commerce or mobile commerce is the next big thing in the business world. India has tremendous potential for m-commerce, as the country has 1 billion mobile subscribers, out of which 240 million are smartphone users. A mobile payment system also imparts the e-Commerce portals an opportunity to do business on a global scale, and to reach international destinations.

A business App hence requires a payment gateway so that it can collect payments through mobile devices (including smartphones and tablets). The selection of a mobile or an Android payment gateway should be based on the following parameters.

Ease of Making Payments

Customers do not like filling long forms and want a mobile payment system to be easy and simple. That is why a mobile payment gateway needs to have a swift and a time-saving payment system. Modern payment gateways like EBS have a myriad of features including Turbo Checkout and Smart Routing that provide for a fast, simple and one-tap payment process.

Security

Customers still do not prefer mobile payment systems for making high-value purchases. A mobile payment process can be made exceptionally secure by integrating a PCI: DSS compliant payment gateway that uses SSL or Secure Socket Layer encryption technology for securing financial data and credit card information online.

SDKs for All OS

Business Apps today run on different mobile operating systems, including iOS, Android, and Windows. Hence, the online mobile payment gateway providers in India should offer SDK's or Software Development Kits that bring payment processing capability in all kinds of business Apps.