Features That You Need To Keep in Mind For eCommerce Payment Gateway Integration

All online merchants require an eCommerce payment gateway so that they can collect payments online. I would like to talk about the different features that the modern payment gateways should possess, in order to provide better payment success rate and other benefits to online businesses. You may want to know more about the latest features that the sophisticated payment gateways (for instance EBS) have for ensuring greater payment success rates. Here is a peek:

Smart Routing

Smart Routing feature is a kind of technological algorithm that switches transactions in order to provide the best payment success rate. Whenever a merchant on-boards the payment gateway service, the feature decides and chooses the best performing gateway that can provide highest success rates. The transaction is routed to this best performing gateway so that rejections can be minimized.

Auto Retry

Many-a-times transactions fail because of insufficient balance, expired cards and because of other reasons. The Auto Retry option (provided by a leading payment service provider like EBS) directs the customer to some intermediary page. Hence, the customer can easily choose some other way of making payments without filling in all details again. The option provides for the arresting of abandoned transactions.

Turbo Checkout

The feature provides for responsive payment gateways that can render themselves according to the device (including smartphones and tablets). The Turbo Checkout feature facilitates customer retention rates as the customers can easily store their personal and financial credentials and use them anytime they wish.