Key Points to Know Before Integrating Payment Gateway in Your App

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The world of mobile shopping is progressing fast, with people willing to digitize almost everything they do. Considering all these latest tech-driven facilities including car rentals, taxi rides, Wi-Fi access, accommodation or simpler things like food and clothes, mobile payments have become an inevitable part of human lives.

Integrating a well-built payment gateway in mobile apps is one of the most intimidating tasks for both developers and online merchants. Proper mobile payment integration is very cruel for offering an easy and convenient way of making payments to the buyers. Often, shoppers end up in changing their mind because of facing problems while making the last payment. Having these in mind, here are some of the major things to keep in mind while integrating a payment gateway in your app.

Analytics and Statistics

Handling payment gateways may sometimes get real messy. While handling the payment information of several online shoppers, you may end up making some serious mistakes. For having everything in control, you must prepare constant reports, statistics and analytics to make sure that you stick to the plan efficiently.

Consider the alternatives

It is important to offer your users with a range of payment options as you can. Some might prefer to work with PayPal. On the contrary, some might like to use debit or credit cards or choose the Cash on Delivery option. To cater a wide spectrum of users, you need to make sure that the application can support multiple payment modes.

Security Check

Is your payment gateway PCI-DSS certified? Standards of PCI Data Security is one of the great options while considering the task of maximizing security of the cardholders' data. For making your mobile application trustworthy and improving users' security, it is important to consider the best security practices of the industry.

Make it simple and fast

Everyone looks for a fast and easy payment process. Thus, you must consider these crucible qualities while integrating a payment gateway in your app. Before, choosing some of them, you can research on those features which would give an easy and fast payment mode to the users.

Cost Structure

A range of cost structures is available in the market these days like one-time, periodic or per transaction. So, you must think wisely and choose an affordable option that would drive great results in the long run. Furthermore, it is important for you to choose an efficient cost structure for your app which would, not interfere its quality.

Final Word

It is important to make sure that quality is the prime consideration while integrating a payment gateway. Compromising with its quality might end up in displeasing your users thereby, driving them far from your app.

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Source by Rob Stephen

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