Why use online payment gateway?

E-commerce and online transactions in Vietnam is growing. This is also one of the reasons to so many online payment gateway was launched to meet the demand for online payment transactions. So, which Online Payment Gateway do your enterprises should choose to assist in the development and sales revenue?

How to Choose a Payment Gateway for Your Ecommerce Store

Payment gateway: which one should you use for your ecommerce store? With dozens of online payment processing options to choose from, it can be a complicated decision. Everyone who is new to ecommerce will tell you that the most difficult task isn’t only to decide which platform is the best one, but also the different factors that you need to take into consideration when deciding which gateway is best for your specific needs.  

What is PCI DSS?

The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to optimize the security of credit, debit and cash card transactions and protect cardholders against misuse of their personal information. The PCI DSS was created jointly in 2004 by four major credit-card companies: Visa, MasterCard, Discover and American Express.

Top 6 reasons for shopping online!

With the popularity of internet and smartphones grown to aggressive heights, consumers also have become efficiently tech savvy. From shopping of clothes to buying electrical appliances, everything has become so easy with online shopping portals. Gone are the days when you needed to browse store to store to hunt down a pair of shoes; now almost all the national and global brands are available under one roof and just a few clicks away.

What is VTC Pay App?

App VTC Pay - E-wallet - Payment Gateway is an extremely useful and convenient financial application. Moreover, VTC Pay can be regarded as a perfect match of 365 Bill Payment Service which came out earlier. Due to this match, all the payment utilities on mobile phone are synchronized, providing a completely new experience for users. 

With just a few simple steps on VTC Pay - E-wallet - Payment Gateway, you can perform all actions related to the management of VTC Pay e-Wallet account in anywhere and anytime such as transfer, withdrawals and payment. It can be said that VTC Pay brings so many utilities:

How Online Payments Really Work - Part 2

In part 1 of “How Online Payments Really Work”, we focused on the three players – the merchant, the customer and the technology. In part 2, we’ll emphasize payments.

How Online Payments Really Work - Part 1

We’re not going to sugar-coat it: choosing the right payment processing for your business might be the toughest thing you encounter setting up your business. This blog post series will help you get a good start by teaching you the "three P’s" of processing: players, payments and pricing. In the first part of this series, we’ll focus on the players.

Players There are three main players when it comes to processing credit and debit card transactions — whether you sell online or in person. On one end is you, the business owner/merchant. On the other end is your customer. In between is a lot of technology that connects the two of you. 

1. You, the merchant.

In order to accept card payments, you need to partner with a merchant bank, (sometimes called an acquirer), who accepts payments on your behalf and deposits them into a merchant account that they provide.

2. Your customer.

In order for your customer to buy (and pay for) your stuff, she needs a credit or debit card. The bank that approves her for the card (and lends her the cash to pay you) is called the issuing bank.

3. The technology.

In the middle are two technologies that enable you and your customer to transact. The first is a payment gateway, software that links your site’s shopping cart to the processing network. The second is the payment processor (or merchant service), which does all the heavy lifting: moving the transaction through the network, sending you a billing statement, working with your bank, etc. Often, your merchant bank is also your payment processor, which helps simplify things.

The next post in the series will focus on “payments”. Please visit E-wallet Payment Gateway VTC Pay Stories next post to learn more.

payment gateway | payment gateway in Vietnam | Online Payment