The e-commerce market in the UK is enormous and well-developed. However, it is still quite an absorbent market. So knowing the industry will make it a little easier to enter the market.
People are shifting towards online sales in the UK, and their mindset is changing. Rather than visiting a physical store, they prefer to purchase it online.
The increasing number of online buyers day by day in the UK shows an excellent opportunity for merchants in the UK to start their online businesses. Before proceeding further, you should know a few points about the e-commerce industry and the payment gateway UK.
How e-commerce industry has changed the way to operate the business
The E-commerce industry in the UK has carried online business to the next level. With time, it is being more in trend and attracting people more and more. Business owners are getting vast opportunities to expose and sell their products and services without any hassle.
There are several benefits to opening an online store:-
24*7 Open store
You don’t need to worry about your opening hours. Your customers can access your website across the world and make the purchase wherever they want.
Reduces overhead cost
Indeed, starting a business online requires a lot of expenses initially, but it does not cost anything extra to you like rent, utility, and staff. You can manage your website without any additional efforts.
A larger customer base
With a physical store, there are a lot of issues like store location, convenience, transportation and others. But, with e-commerce, business owners can reach their customers worldwide.
Expanded reach to national and international customers
With an online store, you will not have to face normal restrictions. It makes your business available for your national and international customers without any extra effort.
Better marketing opportunities
Unlike placing an advertisement in magazines, newspapers, and television, the website gets ranked by search engines themselves. If your content, quality, and navigation are outstanding, search engines will rank your website. Additionally, you can target more customers with some specific keywords as well. Whenever your customer searches those particular keywords, the search engine will show your website on page one.
Know more about your customers
An online business allows you to recognize your client’s habit, nature, searched keywords. It helps you target more to those customers who are interested in your services.
When it becomes mandatory to opt for a payment gateway
Online stores are the best way to globalize your business and to enhance your product sale. But, when we talk about payouts or revenue generation, at that point, we need a payment processor which could easily manage your payments.
A payment gateway is the best solution for this problem. It helps merchants in processing payments by sending payment information securely to a processing network. Additionally, it notifies both customers and merchants about the success and failure of the payment.
Payment gateway gives your customer a platform to make payment.
Benefits of payment gateway:
- Easy checkout process
- Numerous payment modes
- Multi-currency processing
- Multi-channel payment processing
- A secure payment gateway
- PCI-DSS compliance
- Customer support 24*7
Getting a payment gateway for your business
Getting a payment gateway is an easy task if you don’t fall under the high-risk industry. If it does, then it will be way challenging for you to get services. First, you should understand that a high-risk business needs a high-risk payment processor to manage its payments. And, getting a high-risk merchant account service provider, who fits your requirements, is not an easy task.
You will have to know first your business requirements, and then need to do lots of google research. It is quite hectic and time taking for you.
What if, we say, we have a solution which suits all your requirements? Yes! We are introducing ePay to you as a comprehensive solution for your business.
What difference ePay makes
ePay is a well-known payment processing service provider in the industry. Your business nature hardly matters to us. We offer you a payment gateway integration with your website along with our high-risk merchant account service.
It is quite easy for you to get payment gateway integration under the guidance of our experts. They will support you in every step, from collecting documents to getting approval. You will be taken care of by them at every step.
Our feature-packed solution makes it quite easy for you to process your payments. Besides, we help you in making your payment experience safe and secure for your customers.
We offer you a 2D payment gateway and 3D payment gateway to protect your sensitive data from theft. It aids an extra layer of security to your business against fraudulent transactions. Plus, you get several other security tools that make your payment processing more efficient and safe.
Feature of ePay payment gateway
- Fastest approval
- Easy integration
- Dedicated MID
- PCI-DSS Level 1 compliance
- Real-time payment processing
- Chargeback management
- Anti-fraud tools
- Flexible processor
- Virtual terminal
- Various payment modes
- Coinage solution
- 2D secure and 3D secure payment gateway
- Account review on every 90 days
- 24*7 customer support
What all solution we have for our clients:
- High-risk merchant account
- High-risk payment gateway
- Credit card processing
- Offshore merchant account
- Offshore payment gateway
- International payment gateway
- International merchant account
- High-risk credit card processing
- 2D payment gateway
- eCheck payment gateway
Maintain your cash flow with credit card processing
Most industries believe that credit card payments are the most secure method of payment for any industry. It is considered the best way to improve and maintain cash flow.
Most of the customers believe that cash has become a thing of the past. They found it out-dated. Moreover, people find it more convenient and comfortable paying via cards.
Merchants having card payment modes hold great opportunities to improve their cash flow. They can easily attract more customers to their products and services.
EskayPay offers credit card processing to the merchants, along with its payment gateway service. It entitles you to process credit card and debit card payments. You can offer your customers to pay using their credit cards and debit cards.
With credit card processing, you can allow your global customers to make payments in their local currency and process real-time payments.
Now, accept all major card brand payments, as ePay supports card networks like Amex, MasterCard, Visa, and others.
We simply aim to make your business more accessible and profitable.
Offshore merchant account a comprehensive solution to globalize your business
Everyone wants to see their business growing global. But, they do not get an adequate payment processing solution. With EskayPay, it is no more a problem. We offer you an offshore merchant account with the integration of an international payment gateway. It facilitates you to process your global payments effortlessly.
With our offshore solution, you can offer your customers to pay against their purchases from any region. Plus, you get a coinage solution, which allows your customers to make payments in their local cash. With EskayPay, you can process payments in all major currencies across the world.
Plus, ePay helps you in maximizing your sales and customer list. Acquirer banks with ePay do not put a cap on transaction volume. It allows you to process as many transactions as you want to process.
We put all our efforts into making your business prosperous.
Conclusion
As per the above info, we can conclude that the payment gateway is an inseparable part of the e-commerce industry. You can no doubt expand your business reach and show your products worldwide, but while talking in terms of generating revenue, a payment gateway is a mandate.
EskayPay offers a payment gateway service for every region; for instance, if you are a merchant in the UK, we have a payment gateway UK for you. No matter what business industry you are involved in, we have the solution for you.
