payment gateways connect your site to your bank account. This article tells you more. use our tips to make the right choice. Find out about the conditions required by most providers to ensure the security of personal data.
Payment gateways are essential in the world of e-commerce. Indeed, to be able to receive money through your customers, you must have a gateway. In short, a payment gateway ensures the connection between your website and your banking institution. In some cases, this provides the connection between your site and your online wallet. The purpose of this article is to see how payment gateways work. We will also talk about the requirements imposed by the gateways owners, and finally, we will discuss the most popular on the market.
Roughly speaking, a gateway is a web application or software that allows you to communicate with your bank through your website. Indeed, a direct connection between your website and your bank account is currently not possible. By being an e-commerce owner, you must use the supplier to give you codes to install on your site to accept payments by credit card.
Generally speaking, you should:
The basic principle of setting up a payment method on a website is security. Several providers have established a list of conditions that must be met to use their service. Below are some rules to follow:
SSL certificates are intended to encrypt communication between your server and your visitor’s browser. In theory, if by chance a malicious person came into possession of the data sent by a visitor to your site, they would only see encrypted information. Traditionally, this is not always the case; because SSLs have several versions that provide security at different levels.
If your website uses tools such as cookies or software to collect data, you must specify them. Typically, the required pages are:
In addition to following your supplier’s recommendations, you must put in place a security process to avoid any future problems. Some of these measures are:
Unwanted emails or spam weaken your email server and can even cause several other security problems. To be able to fight spam effectively, you can install a Captcha.
You can also read our article on How to protect your website from spam with Google Captcha V3[PHP] “for how to install Captcha on your website.
If the passwords used by your customers are not secure enough, it could be a loophole. Some tips that you can plan when setting up your payment processor creating an account can be:
A trick may be to automatically suggest a password to the user.
The types of information submitted through online forms can never be trusted. Indeed, if you do not filter your forms, several people can use them to destroy your site. Some types of vulnerabilities you might have been:
Before embarking on finding payment gateways for your website, you should ask yourself the following questions:
There are thousands of payment gateway providers across the world. However, not all suppliers have implemented the codes to integrate their solutions into all applications easily. You could still refer to their documentation to see how to do it “yourself.” In most cases, the most popular solutions give you access to their development interface to make the connections. However, if you are keen on using a solution, you can work with a developer.
A good number of providers easily connect with bank accounts. However, it would be best if you took the time to educate yourself to avoid any surprises.
The fees associated with integration or transactions may vary from vendor to vendor. As an example, PayPal’s fees are from 2.9% + $0.30 per transaction in Canada. Yet stripe offers its services at 2.7% + $0.05. You should, therefore, take the time to compare before you decide. It would be best if you kept in mind that cost is not the only criterion to consider.
The security of your data and that of your customers is critical in online commerce. It would be best if you took the time to find out about the provider you want to use for this purpose. Some things to consider could be:
Some providers only offer the possibility of using the ifs reams to integrate the websites’ payment gateway. As a result, it affects the performance of websites and reduces the number of online orders. Taking the time to reassure yourself that you can customize could be helpful. In most cases, if you have access to the API, you can control your payment page’s visual.
There are thousands of solutions for websites. Among which we can cite: