With e-commerce becoming more globalized, merchants are looking for opportunities to benefit from the process and partner with a payment gateway.
Value-added Services for Global Payment Gateways
Value-added services are important for global payment gateways. When it comes to merchants who extend their reach to other countries, they get support from payment service providers. Merchants are offered front-end processing and appropriate alternative payment methods through a single payment gateway, and are also offered local and international acquisition.
In the recent years, gateways have become widespread, as a result of which payment gateway services have become commoditized. Thanks to this and other factors, value-added services are serving as a game changer in the field.
Reputable payment processors like emerchantbroker.com provide exceptional payment processing opportunities to merchants of any type and size. With EMB, the #1 high risk processor in the US, you can get the right payment gateway for payment processing. EMB offers multiple payment gateways, including its own one.
Real-time fraud prevention backed by expert risk analysts, business intelligence, one-click and recurring payments, consolidated reporting and analysis, tokenization, loyalty and gift card programs, and mobile SDKs are all examples of value-added services that aim to make merchants’ business operations more simple and streamlined.
What Is Important for Payment Gateways?
On the one hand, PSPs and ISOs work with different payment and risk needs, the value-added services that are most suitable or fit best within their proposition will undergo considerable changes.
On the other hand, payment gateways are increasingly becoming integrated with eCommerce or shop plugins. SaaS-based or self-hosted plugin integration plays another important role in the sphere of payment gateways.
Strategic partnerships with specialist technology providers are becoming the most important factor in this regard since payment gateway providers can’t build all the services alone. Thanks to these partnerships, agility and flexibility demanded by merchants are becoming immediately accessible for payment gateways. This is influencing the nature of the payment gateway mode. The point is that these partners put forward a variety of value-added services that play a crucial role in enhancing PSP proposition and making merchants “stickier.”