Why an Online Merchant Should Not Opt For A Free/Cheap Payment Service
No Security
The cheap and the free payment gateways do not comply with the PCI: DSS norms. They also do not have ISO certification. As they do not use the SSL or Secure Socket Layer encryption technology for encrypting financial data and credit card information, when it passes through different web servers, any transaction taking place on the insecure payment gateway is open to online frauds and thefts.
Outdated Technology
While the cheapest online payment gateway may cost low, free payment gateways take lots of loading time. This is so because they use outdated technology in their built and structure. These payment gateways also do not have any modern features for enhancing payment success rates.
No Support
The free and cheap payment gateways do not offer the merchant any kind of dispute and problem resolution measure. The services cannot be accessed through communication modes like phone, email or web chat even after hours of efforts.
For the eCommerce payment gateway integration purposes, an online merchant should only choose a secure, PCI: DSS compliant and featured payment gateway like EBS. EBS offers 24/7 online support and a modern payment system that has advanced features for greater payment success rates.
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rekii Banned-
Thanks
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Ezra Firestone -
Thanks
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