Payment Gateway vs Payment Processor
Payment Gateway – A Gateway that simply allows the merchant to access the e-commerce market by allowing the transaction. This is an online point-of-sale for the business. You just need to have a merchant license and merchant account. Then you can get a payment gateway for your business.
Payment Processor – As the name suggests, they process the transactions by exchanging data between merchant and bank. Also, a payment processor will also provide credit card machines and other equipment you use to accept credit card payments.
There are some processors who provide the payment gateway services as well. Also, you choose from the various payment processors and payment gateway service provider, depending on your demand.
How to Choose Credit Card Processing with Payment Gateway?
Comparing and then choosing the credit card processor for your business can be beneficial for your business. Here is a guide that you can use to choose the best credit card processing with a payment gateway.
A Processor that Offers Business Specific Services
A Service Provider with 24/7 Support
Ask for Additional Fees and Other Service Charges
If you need help while choosing a payment processor then you can contact Merchant Stronghold. We will provide you with an expert to guide you in the right direction and get your up and running in 24 hours.
Merchant Stronghold also provides the assistance with high-risk business and merchant accounts. Call us at the toll-free number+1 (888) 622 – 6875 or access the 24/7-email support now.
Payment Gateway – A Gateway that simply allows the merchant to access the e-commerce market by allowing the transaction. This is an online point-of-sale for the business. You just need to have a merchant license and merchant account. Then you can get a payment gateway for your business.
Payment Processor – As the name suggests, they process the transactions by exchanging data between merchant and bank. Also, a payment processor will also provide credit card machines and other equipment you use to accept credit card payments.
There are some processors who provide the payment gateway services as well. Also, you choose from the various payment processors and payment gateway service provider, depending on your demand.
How to Choose Credit Card Processing with Payment Gateway?
Comparing and then choosing the credit card processor for your business can be beneficial for your business. Here is a guide that you can use to choose the best credit card processing with a payment gateway.
A Processor that Offers Business Specific Services
- What is the size of your business and your monthly transaction value? This can help you choose your chargeback limit according to the need.
- Does your business require mobile processing? Or online transactions? If yes, then look for your Payment Processor to fulfill your demands first.
- Read the contract very well and then sign the papers after a complete evaluation.
A Service Provider with 24/7 Support
- Credit Card Processing with Payment Gateway is your necessity.
- But make sure you get sufficient support as well.
- And do check the services provided by the payment processors in the case of disputes and chargebacks.
- This means the Payment service provider should also offer a good support in case of an issue.
Ask for Additional Fees and Other Service Charges
- Do not forget to ask the details related to the Service Fees.
- This includes the additional fees, PCI Compliance, and other charges.
- Also, compare these charges of various Credit Card Processing with Payment Gateway to choose the under budget service.
If you need help while choosing a payment processor then you can contact Merchant Stronghold. We will provide you with an expert to guide you in the right direction and get your up and running in 24 hours.
Merchant Stronghold also provides the assistance with high-risk business and merchant accounts. Call us at the toll-free number+1 (888) 622 – 6875 or access the 24/7-email support now.
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