Payment Gateway charges are one of the major pain points put forth by the merchants. Let us understand the concept of transaction fee and what it represents. There are 5 entities in an online payment- payer, receiver, acquiring bank, issuing bank, and a payment processor to hold the rest of the 4 entities together, facilitating the transaction. The Payment Processing Fee refers to the charge levied by the Payment Gateway for facilitating smooth transaction of money between all the parties involved.

The charges levied by the Payment service provider depend on 4 major factors- Payment Mode, Risk of transaction, Currency conversion fee, and transaction fee. Pay10 Payment Gateway is designed to keep the transaction fee economical and transparent. We offer competitive pricing, so the merchant does not have to compromise on profitability and ROI (Return on Investment) when accepting online payments.

Online Payment requires sensitive information to be stored and shuttled around between several parties, to enable digital payment transactions. The rise of innovative technologies also harbors the threat of fraudulent activities. A reliable and secure Payment Gateway is essential to smooth payment processing and protecting sensitive customer information. The risk of fraud and security breaches is a primary concern for businesses when handling sensitive customer information, Payment Gateways are mandated to employ reliable security features to prevent fraud and protect customer information

• Server hosted with AWS (Amazon Web Services), reliable cloud provider offering unparalleled data security.
• Transport Layer Security (TLS) to encrypt information exchange.
• CoFT (Card on File Tokenization) implemented Payment ecosystem with enhanced checkout experience.
• Strong network security controls for efficient management and cyber-attack prevention.
• Secure Data Storage and Access Control for convenient data storage with better integration.
• Strict in-house security guidelines that ensure confidentiality of your customers’ information.

Payment Gateway integration used to be a challenge as traditional payment processors require complex integrations, lengthy coding process, and resource intensive maintenance. With advancement in Payment Technology, most sophisticated Payment Gateways require zero coding and hassle-free integration to function in existing systems. The cloud infrastructure offers cost efficient and scalable solutions for all businesses.

Pay10 Payment Gateway offers a secure and scalable cloud platform for businesses to accept payments online via. multiple payment modes such as Credit/Debit Card, Net Banking, UPI (Unified Payments Interface), Wallets, etc. It requires zero coding and allows hassle-free integration with merchant’s existing platforms. Pay10 Payment Gateway is a device agnostic platform that seamlessly supports multiple interfaces.

Payment Gateway success metrics depend on certain influential factors, one of them being dynamic routing. Payment Gateway automatically routes payments to the correct account, managing multiple payment channels and accounts. Efficiently routing a transaction through the right channels reduces the errors and churn rate, thereby contributing to payment success rates.

Pay10 Payment Gateway is designed to support dynamic routing allowing every transaction to choose the channel for the highest probability of success. Based on real time monitoring, if the default channel chosen by the merchant is experiencing downtime, the Payment Gateway switches to the best performing channel leading to higher success rate.

Choosing the right Payment Gateway for a business is crucial to streamlining the payment processing. Moreover, it offers reliable payment experience for the end-user. Pay10 offers Payment Gateway with a whole range of features and benefits that can easily Links, Billing pain points experienced by businesses and merchants. Pay10’s ultra-efficient Payment Gateway with top-of-the-line security features, supports several payment modes, and powers an analytical dashboard; Payment Links, Billing service, Reseller services, Payout services, and more.