Coupons And Cash back Websites Case Study will provide indepth information about the technical points related to Coupons and Cash back based websites and portals. it will be beneficial to Clients who are willing to develop or start Coupon
The payment gateway
integration is basically a service which is used to access credit cards, debit
cards and net banking transactions whenever you receive online payments from
customers for products they ordered or things they used. Payment gateway
integration is offered by many banks
today so that account holders of that bank can make easy payments as it is not
always possible to give a huge amount of
money to others but the payment gateways have made this work easier. This
service is often provided by other dedicated payment processors. The
requirement of an account for payment gateways varies from service to service.
They vary with the
requirements described on the websites of most of the gateway payment service
providers. Payment gateway integration ensures you that if you are an online
website holder, you can remain hassle free in case of handling payments by your
customers for the services you provided to them when they were working on your website.
The working of payment
gateway integration works as the customer
visits the website of the merchant (the
one who holds the website) and place the order. After the order is placed the
payment method which customer chooses and pays money with is accessed to the merchant's account. It is done as some
information in form of payment is passed from customer’s account and firstly
the information is checked by bank in which there is account of customer and
then that information is passed to the bank in which the merchant holds the
account and after verification of all the information money is transferred and
hence order is shipped
Benefits Of Payment Gateway Integration
Payment gateway
integration is the one payment option which is the
easiest one to operate. There are many benefits of it and some of those
benefits are as follows-
1. It
ensures you secure and on time transaction of money from and to your account.
2. When
you are using payment gateway integration it becomes easy to generate reports,
allows you to do to payment settlement and makes an easy account reconciliation
process.
3. If
you are buying a product from a country having a currency different than yours
then you never need to exchange currency as it enables you to do multi-currency
payments.
4. And
the most important benefit of this is that
it doesn’t support customer dispute.