Growing online market trends predict that online shopping frequency will continue to rise in the coming years. Payment gateway and payment processing services are relatively easy to obtain for low and medium risk merchants, but obtaining a payment gateway and a merchant account for high risk merchants is a difficult task. Some processors also offer credit card processing without a credit check as well as chargeback alerts and notifications. Assume a merchant is unable to obtain services from any domestic bank or acquirer. In that case, they can apply for an offshore merchant account.
A payment gateway is required for a merchant to accept payments online. Many service providers can also provide ready-made plugins to integrate the ‘buy now’ icon directly into the website. The tech support and training teams make it easier for merchants to operate the system.
Suitable Features of Payment Gateway Indonesia
Low transaction fee for merchant account.
When looking for a Credit Card processing solution, you should consider the transaction fee. The transaction fee is the fixed percentage or fixed amount charged on each transaction. Many processors have a flat transaction fee, but some have tiered pricing. Some may charge different prices for different card brands. You should compare the prices of various payment gateway companies before making a decision.
Our merchants are pleased because all of our solutions are straightforward. Transaction fees are extremely low for our merchants. The majority of merchants are eligible for the Interchange++ transparent pricing model. Simple pricing allows merchants to easily evaluate the billing statement.
The success ratio is processing of merchant accounts
Assume your customers complete 100 transactions per month. In theory, all of these transactions should be approved. Unfortunately, this does not occur in practice. The most common reasons for declines are incorrect credit card information, incorrect expiration date, incorrect CVV, stolen cards, or the merchant account provider or acquiring bank blocking the banking identification number (BIN). It would be advantageous if you worked with a merchant account provider who allows you to accept the greatest number of transactions with the lowest decline ratio.
We collaborate with a variety of payment service providers throughout the European Union and the rest of the world. We can assist you in obtaining multiple payment gateways and a merchant account for your company.
The advantage of using different payment gateways is that you will achieve a higher success ratio for your transaction and will be able to accept a transaction from multiple locations.
Payment Service Providers is a must adhere to PCI-DSS Standards
All of our processing partners adhere to industry standards. These standards contribute to the payment ecosystem’s safety and cleanliness. It also boosts the confidence of all parties involved.
No setup fee
There is no setup fee for the payment gateway. For most merchants, we offer our solutions with no setup fees. Please keep in mind that the, high risk merchant accounts require mandatory high risk registration. There is no setup fee for low risk accounts.
Payment Gateway Indonesia accepts a variety of credit card brands.
Around the world, there are over 1000 payment systems. Choose a payment gateway that only accepts a few card brands. You may lose a large number of transactions. It would be advantageous if you collaborated with a payment gateway company that allows you to accept multiple card brands for your -based business.
The payout frequency or settlement period for a payment gateway.
It is critical for any business to obtain funding as soon as possible. Your payment gateway provider must work with you to accomplish this. It would be beneficial if you asked your payment processor how frequently they will make transfers to you. If it is a local acquiring bank, you will usually receive payment within three working days. If you work for an international acquiring bank, you may be paid every week.
Payment Gateway Requires KYC Documents
- The business owners’ national identification number, as well as the utility bill for the business location and the directors’ addresses
- Copies of the company’s license or registration.
- If the business owner sells tangible goods, he or she will need a supplier or vendor agreement.
- A business plan would also aid in the approval process.
- Prior processing history with the current processor may assist the merchant in obtaining lower transaction fees.
- Void Good standing check/letter
Why choose PayCly for obtaining Payment Gateway Indonesia?
PayCly can provide you with a complete network of domestic and offshore service providers, whether you need a low risk, mid risk, or high risk merchant account or a global payment gateway. We also provide payment processing solutions and merchant accounts for credit/debit cards, and other payment methods.
PayCly has committed to providing the best assistance in locating online business solutions ranging from merchant accounts and payment gateways to payment processing solutions for all industry categories. We guarantee that our merchants receive the highest calibre services thanks to a committed and trustworthy network of acquirers and processors throughout Europe and America. In that case, we quickly help you find business and payment processing solutions.
After obtaining a payment gateway, the local business can begin accepting payments from customers both within the country and from other countries. International merchant accounts can help businesses receive orders from all over the world. Most of the time, these businesses accept credit and debit cards, but some stores also accept payments from international customers. They can use International payment gateway for this.