Online Pay Services 101: How to Choose and Use

Most businesses maintain an online presence, generally with a website, a serious social media presence, or both. Yet, the pandemic created a scenario where businesses needed to conduct most of their business online. Some estimates suggest that it pushed up the transition to eCommerce by as much as five years.

For many small businesses, that means a mad scramble to adopt new technologies. One of the most important technologies, at least from a revenue standpoint, is online pay services. Are you’re looking into adding payment options to your site? 

You’re probably wondering about how to choose a payment provider and how to use the provider once you have them. If so, keep reading for our quick guide.

What Do Online Payment Service Providers Do?

Before you worry about how to choose a payment gateway, you should understand what one provides you. In essence, payment providers offer you a way to accept a variety of online payments. The most common payment types are credit cards, but some also let you accept other types of payments, such as:

  • Paypal
  • Google Pay
  • Apple Pay
  • Amazon Pay

Most payment gateways also let you take payments in major foreign currencies, like the Euro, Yen, or Pound.

You should also learn how to delete a credit card from amazon if you are experiencing payment issues or think that your card is hacked.

How Do They Work?

Let’s say you want to set up an eCommerce option for your handmade dinglewidgets. You have two main options: third-party processing and integrated processing.

In third-party processing, when the customer finishes their online shopping and checks out, your site directs them to a secure page hosted by the payment provider. They enter their financial info there and then come back to your site.

In integrated processing, the customer enters their data on your site and you become responsible for protecting that data with PCI DSS compliance. For most small businesses, third-party processing poses fewer risks.

Choosing a Provider

There are a couple of key factors that you must consider when selecting an online payment service provider. You must consider the fees they charge. Most providers charge fees on a per-transaction basis, but they may also charge additional fees as well.

Can the provider work with your eCommerce solution? Some providers work well with most eCommerce systems and some only play nice with specific systems.

Some of the major providers include:

  • Paypal
  • Dwolla
  • Apple
  • Stripe
  • Amazon
  • Square

Curious to see an example of what one of these payment provider solutions looks like on a website? You can have a look here.

Online Pay Services and You

With so many people conducting so much more of their shopping online these days, not having online pay services will almost certainly cost you money. Getting your website enabled with an eCommerce system and a payment gateway opens up your business to local online shoppers, but it also extends your reach far beyond your immediate community.

This can prove particularly beneficial for businesses that can ship products or offer services that aren’t location-dependent.

Looking for more tips on the financial side of business or payment technology? Check out the articles in our Business and Technology sections.

Explore more

levying-tds-tcs-on-cryptocurrency-trading : government may consider levying tds tcs on cryptocurrency trading

Hello and take a look at, here we are going to talk about tax-saving which is all one needs to save the hard-earn...
Causes of white hair and prevent it Find Out More!

Your hair will likely alter as you age, which is common. As you become older, your hair may start to thin out in specific...
11 health benefits and side effects of olives 11 health benefits and side effects of olives

Olive is a kind of tree. People manufacture medication from the oil extracted from the fruit and seeds, as well as water extracts of...
amazon alabama nlrbdaybloomberg

Warehouse Workers Of Getting Elections Again

It feels as Warehouse Workers Of Amazon has got what they want after the officials handling the situations have made it clear that there...

ManjulKhattar: Bio, Age, Wiki, Career, Life, Height

ManjulKhattar: Intro ManjulKhattar was born on July 20, 1998, in Gurugram, Haryana. His astrological sign at birth is Cancer. To advance his academic career,...
sample attachment alt

Duke Lesnar: Bio, Age, Life, Wiki, Career

Famous family member Duke Lesnar was born on July 21, 2010, in the United States. Duke Lesnar has a $5 million net worth as...
sample attachment alt

Diane Guerrero: Bio, Age, Life, Wiki, Career

Diane Guerrero is an American actress who is best known for her roles as inmate Maritza Ramos on the Netflix series Orange Is the...
planet fitness summer pass

Planet Fitness Motivated 3.5 Million High School Students

Planet Fitness, which has become a powerhouse in fitness industry, has changed the life of over 3.5 million students, adding valuable discipline in their...