5 Must-Have Features When Choosing a Payment Gateway

If you are currently running a business and searching for the best Payment Gateway for your organization, then must be familiar with the below mentioned 5 Must-Have Features that should be included by any top payment gateway service provider in the market today. LetsPe, a secure payment gateway, is a licensed organization that provides foremost payment gateway service and is currently operating from Gurugram.

What is Payment Gateway & its Role in Marketing?

Before moving ahead with the top 5 Must-Have Payment Gateway Features you should understand what it is, how it works and its role in marketing.

What is Payment Gateway and How it Works?

It is primarily a technology that enables businesses to assist their customers in transferring online payments and related details in an encrypted and secure manner.

Payment Gateway Work

A payment gateway software encrypts online client data and other payment-related information before transferring it as a middleman in the online payment process. Payment Gateway Solutions allow businesses to transfer funds online without any trouble.  

Roles played by Payment Gateway 

• Confirms the Balance and Validity of the Card.
• Accepting transactions and transferring funds to your account.
• Share Card details in an Encrypted format (Highly Secure).

What Are the Must-Have Features When Choosing a Payment Gateway?

Although there are many features that are required in any Payment Gateway service provider, the features we are going to share with you are must have for all leading Payment Gateways. Each Payment Gateway service provider should include these below mentioned features in order to become the leading Payment gateway organization. Top 5 payment gateway features are:

Minimum Charges

Businesses can lower their overall business expenses by partnering with a payment gateway that charges the bare minimum for the services they offer. LetsPe offers a free setup as well as a yearly cost. This means that the merchant will not have to pay any additional fees for the payment processing system's setup or an annual maintenance fee. Even the transaction fees are substantially lower, at a minimum of 2% + GST.

Numerous Payment Alternatives

Payment Gateway Services does not allow all payment gateways to enable numerous payment options. Those who supply it are significantly more trustworthy because it proves the payment gateway's authorization. LetsPe is one of the leading payment gateway that offers multiple payment options like: Debit card, credit card, phone payment, google payment, net banking, amazon pay, paytm, and nearly all other methods. 

Less Onboarding Time 

Before onboarding a merchant and their business, businesses must examine and confirm all of their details. This process is for security checks, and most payment gateway providers take far longer to enroll their businesses. LetsPe just requires 24 hours for onboarding, making it a great choice for most businesses because this company is quick in its services when compared to other payment gateways.

Integration with Ecommerce Platforms

Yes, one of the most useful advantages of LetsPe is its ability to integrate with any Ecommerce platform available. Not all payment gateways allow you to link with any of their softwares to perform direct on-site transactions without leaving the site. 

LetsPe Payment Gateway offers this interface with the ECommerce platform. 

Fast Settlement

LetsPe is India's best quick payment gateway, enabling businesses and groups to accept, handle, and disburse payments via its component lineup. They clear the settlement in T+1 day, which indicates that once the transaction is concluded, this firm keeps time for one day. The configuration is meant to decrease the possibility of fraud and to guarantee proper verification before closing transactions.

LetsPe - Best Payment Gateway for Ecommerce Website in India

LetsPe is a registered organization that offers payment processing services for all online fund transactions. Other than these above mentioned features, LetsPe additionally offer Weekend Fund Settlement facility to all its clients.

Conclusion

LetsPe is the most Secure Payment Gateway which offers multiple services like: Payment Gateway, Payment Links, Payment Button, QR Code, Instant Fund settlement, Invoice, Payout/PayIn. You can connect with the perfect payment gateway for all business sites wherever the transaction is required using the LinkedIn account