CROSS-BORDER ECOMMERCE

PAYMENT PLATFORMS

A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

 

In China, the choice is very limited for Chinese businesses to find a payment gateway and Chinese customer do often not trust any other then Alipay or Tenpay.

 

However, in the USA and Europe for the last 10 years every small brand has already created their own DTC Ecommerce site. They solved the payment easily:

1. EU and USA are extremely well regulated
2. There are clear consumer rights for EU and US consumers
3. Platforms have strict bank protocols that need to be obeyed
4. There are hundreds of service providers for global and by country

 

Some examples:

• Stripe – Robust payments API loved by developers all around the world.
• PayPal – Leading online payment provider, worldwide accessibility.
• Net – Great payments processor for merchants with multiple accounts.
• Braintree Payments – All-in-one global payments partner.
• Mollie – Top tier payment solution, wide variety of supported payment methods for European merchants.
• Square – Credit card processing for any business.

 

Our strategy team and technical team can help you:

1. Analyze the best solution
2. Onboard with the solution (registration)
3. Integrate the solution to your DTC Site
4. Link your payments to your accounting and tax

 

Read ups

https://www.netsolutions.com/insights/top-10-payment-gateways-to-consider-for-your-ecommerce-success/

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