Selecting A Payment Gateway

What are the features which modern payment processing software should have? What things do you need to pay attention to while selecting a payment processing platform for your business? In order not to make a mistake you need to answer ten fundamental questions which are listed below.

1. When do you want to start accepting payments?
2. When do you want to get access to your money?
3. What fees will you have to pay for payment processing?
4. Do you need the ability to accept international payments?
5. Is credit card information protected from fraudsters?
6. How much support is available?
7. What payment types are accepted?
8. Are recurring payments supported within the system?
9. Are payment pages hosted or non-hosted?
10. How this payment processing software can be integrated with other software which you are currently using or planning to use?

Here is the example of the excellent payment processing system. If you have a look at it you will either learn how to use the questions above to analyze the functionality offered by payment gateways or find the solution for your business.

UniPay Payment Management Platform is a white label open source payment processing gateway which is integrated with other platforms (banks, processors, gateways, etc.) located in different countries. UniPay Gateway is a highly secure solution which supports 3D Secure for online transactions, P2PE and EMV for in store transaction and many other fraud protection mechanisms. With UniPay you will be able to accept credit, debit, gift cards and ACH payments. Visit the website in order to answer the other questions.

Also you can visit #Paylosophy blog to learn more about the existing and emerging technologies in payment processing industry.