Online Payment Gateway Services in UAE
If you are doing online business in UAE or own an ecommerce portal, you know the importance of an efficient and smooth online payment gateway for your customers. It is this payment gateway that makes
If you are doing online business in UAE or own an ecommerce portal, you know the importance of an efficient and smooth online payment gateway for your customers. It is this payment gateway that makes it possible for you to allow your customers to make payments electronically. This payment gateway is so important for any online venture that the success or failure of the business becomes dependent upon its efficiency and robustness. You need to make use of any one of the several payment gateway services UAE to be able to allow financial transactions on your website.
To make sure that your business becomes a success, you need services of a payment gateway provider who understands the requirements of your business. However, this is only one of the requirements as the payment gateway service provider must furnish a gateway that is simple to operate and provides the highest level of safety and security to the customers.
If you are the business owner, there is so much of conflicting information about payment gateway services UAE on internet that it is easy to feel confused and overwhelmed. It becomes very difficult for a business owner to be able to grasp the technical terms associated with a payment gateway. But he should understand that this service is a highly sensitive one and requires careful handling by experts to avoid mistrust and a bad name among the customers.
At the most basic level, you can hire the services of a payment gateway provider if you have a bank account and a merchant account. You can be given an offline and an online merchant account by the acquiring bank. This bank has the permission to process and accept credit cards. In the whole of UAE, there are only three banks that have been authorized to open merchant accounts for their clients. These are Mashreq Bank, Network International, and National Bank of Abu Dhabi. You can open a merchant account with any of these three banks.
When selecting payment gateway services UAE, make sure that it allows for processing and accepting of maximum types of credit and debit cards. Also, it should install a highly secure payment gateway on your portal which inspires confidence among your customers. Finally, the company should allow you to process maximum number of international currencies. This is important if you do not want to lose out on customers hailing from far away regions.