A credit card is a powerful credit-line tool that may be used to pay for goods and services provided by merchants. It’s never been easier to pay your utility bill or book a flight. It is frequently utilized since it is simple to operate and safe to rely on.
Because credit cards are widely utilized in the United Kingdom, credit card processing has long been in great demand among online sellers. Credit cards should be included as a payment option for merchants who require high-risk payment processing.
Credit card processing UK is supported by almost every payment gateway. This is one of the most popular payment methods since merchants can easily provide clients with recurring cycle payment alternatives.
Understanding Credit Card processing technology
Every payment-supporting web platform in UK comes with two things Payment gateways and other is a merchant account. The information of the customer’s card is channeled through payment gateways. From where the information is encrypted and sent to processors.
Processors are merchant account providers who also act as acquirers (Banks). These banks call the customer’s bank to verify that the information provided is correct. The payment is deducted and paid to the merchant’s account if the information is correct.
If the payment is denied, the consumer is notified and given the option to pay by another method or double-check the card information. This is a fairly short process that takes only a few seconds to complete.
Advantages of International Credit card processing UK for Global Customers
A credit card does not discriminate against your business. Whether high-risk business or low risk, a credit card is for all types of business. Merchant Account providers also find no problem facilitating merchants for processing of credit cards.
They are widely accepted and extensively used methods of payment, the merchants with the best credit card processing can encourage more sale numbers. All you need to do is to partner with service providers like Eskaypay.
Another advantage promoting credit card use in your online business can bring international customers as payment using credit and debit cards are globally recognized.
Credit card processing is simply much quicker and safer as compared to any other method.
Credit card payments will also encourage clients to keep using your business. You may also provide regular payments to relieve customers of service reminders.
What to expect from Payment Gateway Providers in UK?
If you are expecting exponential growth in your business then there are several factors that a merchant should look at before accepting them for payment services.
- Integrate easy way: It is very simple to add this to your payment option. With simple codes, a credit card facility is available for customers
- Support Simultaneous Processing: This should support simultaneous processing of payment transactions
- Multi-currency processing: Capable of converting currencies throughout the world
- Power to Refund: In the event of a problem, the consumer should be refunded as soon as possible. It makes a favorable impression on the buyer.
- Security: Frauds can lead to a terrible company experience. To avoid Chargeback, your Payment Gateway should contain threat detection filters.
- Real-time payment alerts: The system should be able to reflect real-time payments so that merchant services can be escalated.
- Swift processing of payments: No one wants to be kept waiting for a basic transaction. Card processing should be such that it can alter the user’s overpaying experience.
- Manage technical Glitches: If there is a technical issue, the customer may simply give up without paying. When your payment processor isn’t technologically suited to handle large transactions, this happens.
- Periodical Upgradation of payment technology: It should keep up with fast-changing technology in order to address all of the difficulties that merchants face.
Eskaypay has competence in the aforementioned areas and allows retailers to rest when it comes to credit card processing. You may integrate payment cards with your online platform without any.
Eskaypay Excellence in Credit Card Processing
Eskaypay is one of the leading 2D payment gateway providers in the UK. Our customer-centric strategy has helped us establish ourselves in a number of nations around the globe.
In our system of processing details filled by customers are rapidly routed through our payment gateways to the processors. Information obtained from processors is cross-checked to ensure that the card is being used by the correct individual and that no fraud is being perpetrated.
Details including the card number, expiry date, and other information are checked with the customer’s bank. To assure payment, the fund’s availability, as well as other credentials, is checked.
The cash is deducted and credited to Merchant accounts after verification. Customers receive a debit receipt as well, confirming that their payment has been received.
Experts at Eskaypay define a number of conditions to ensure that the payment is stable and secure. Depending on the requirements, features are scaled up or down.
Conclusion:
For merchants who conduct business online, credit card processing is a must-have service. The user may be enticed to use the services for a long time if the processing is quick and secure. The longer a person stays on your site, the better your sales will be and the more profit you will make.
Eskaypay incorporates the most advantageous technology for high-risk Merchant Account, allowing you to accept credit cards more efficiently.
Features of ePay International Credit Card Processing Solution
- Fastest approval
- Easy to get statement.
- Multiple Currency
- Secure, reliable fast Gateway
- Real time transactions
- Account review on every 90 days
- For long time business
- Complete assistance for merchants
- Dedicated M.ID for merchants
- Processor Flexibility
Apply Now for Payment Gateway Solution through our website
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