{"id":11197,"date":"2024-08-26T11:36:46","date_gmt":"2024-08-26T11:36:46","guid":{"rendered":"https:\/\/comparedbusiness.com\/uk\/?p=11197"},"modified":"2024-08-26T11:39:02","modified_gmt":"2024-08-26T11:39:02","slug":"ecommerce-payment-gateways","status":"publish","type":"post","link":"https:\/\/comparedbusiness.com\/uk\/blog\/payment-gateway\/ecommerce-payment-gateways\/","title":{"rendered":"E-Commerce Payment Gateways: Everything You Need to Know"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11197\" class=\"elementor elementor-11197\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d436fbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d436fbd\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f986c79\" data-id=\"f986c79\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92d046e elementor-widget elementor-widget-text-editor\" data-id=\"92d046e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>E-commerce is booming with every passing year. In the UK in 2021, e-commerce sales accounted for 36.3% of the total retail market (International Trade Administration Report). If you\u2019re selling a product or service online through your website, payment gateway is one term that you might have come across quite frequently.<\/p><p>In this article, I will explain what an e-commerce payment gateway is, how many types of payment gateways are there and how to choose the right one for your business. Let\u2019s begin. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4356be4 elementor-widget elementor-widget-heading\" data-id=\"4356be4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"what_is_an_e-commerce_payment_gateway\"><\/span>What is an e-commerce payment gateway?<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-911dd8e elementor-widget elementor-widget-text-editor\" data-id=\"911dd8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>An e-commerce <span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/comparedbusiness.com\/uk\/blog\/payment-gateway\/what-are-payment-gateways-and-how-do-they-work\/\">payment gateway<\/a><\/strong><\/span> is a software application that enables you to accept digital payments from your customers who are purchasing from your e-commerce website. It serves as a bridge between your website and the financial institutions that process payment, ensuring that sensitive financial information is transmitted securely.<\/p><p>When a customer makes a purchase on your e-commerce site, the payment gateway encrypts the transaction details, verifies the customer\u2019s payment information and then processes the payment. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4fd1064 elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fd1064\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-44f79d1\" data-id=\"44f79d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48c9ce8 elementor-widget elementor-widget-heading\" data-id=\"48c9ce8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Compare Payment Gateway Quotes Today<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49e88c8 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"49e88c8\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md elementor-animation-grow\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get A Quote Today<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c12d71 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c12d71\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e88396\" data-id=\"2e88396\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a82248c elementor-widget elementor-widget-spacer\" data-id=\"a82248c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e6ebea elementor-widget elementor-widget-heading\" data-id=\"3e6ebea\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"how_does_an_e-commerce_payment_gateway_work\"><\/span>How does an e-commerce payment gateway work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d867440 elementor-widget elementor-widget-text-editor\" data-id=\"d867440\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Step 1:<\/strong><\/p><p>The customer places an order through your e-commerce website. This involves adding an item to their cart, proceeding to the checkout and filling in the payment details, such as credit card credentials.<\/p><p><strong>Step 2:<\/strong><\/p><p>The payment gateway securely transmits the card and order information to the payment processor via an HTTPS connection enabled by an SSL certificate. All these details are encrypted to ensure maximum security.<\/p><p><strong>Step 3:<\/strong><\/p><p>The customer is redirected to the payment processor\u2019s website (in most cases) to finalise the transaction.<\/p><p><strong>Step 4:<\/strong><\/p><p>The payment processor communicates with the customer\u2019s bank to either authorise or decline the transaction, depending on the availability of the funds. If verified, the message for a successful transaction will be displayed by the payment gateway.<\/p><p><strong>Step 5:<\/strong><\/p><p>The customer\u2019s bank settles the money with the payment gateway and the payment gateway with the merchant.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-675d316 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"675d316\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2786c3d\" data-id=\"2786c3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0817479 elementor-widget elementor-widget-heading\" data-id=\"0817479\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"types_of_payment_gateways\"><\/span>Types of payment gateways<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a624bd elementor-widget elementor-widget-text-editor\" data-id=\"8a624bd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Generally, most e-commerce payment gateways can be divided into 3 categories &#8211; on-site, off-site and API-based.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a5f243 elementor-widget elementor-widget-heading\" data-id=\"5a5f243\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. On-site gateway<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ad5c26 elementor-widget elementor-widget-text-editor\" data-id=\"4ad5c26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>An on-site gateway allows you to receive transactions directly on your website. This means the customer will enter his card details and pay for the product without being redirected to an external payment gateway provider website.<\/p><p>They can either be visible or invisible which means the customer will either see the payment gateway provider\u2019s branding or they won\u2019t. Small to medium-sized businesses usually opt for a visible onsite gateway as it\u2019s cheaper.<\/p><p><strong>Pros:<\/strong><\/p><ul><li>The customers remain on the website during the payment process which reduces the chances of them getting confused. This also reduces potential friction points resulting in card abandonment.<br \/><br \/><\/li><li>Managing payments on-site provides businesses with comprehensive access to transaction data. They can monitor how customers are interacting with the payment process and analyse it to optimise their checkout process.<\/li><\/ul><p><strong>Cons:<\/strong><\/p><ul><li>Implementing an on-site payment gateway requires upfront costs. This includes expenses for developing the infrastructure, obtaining necessary security certifications and the integration of the system with existing platforms.<br \/><br \/><\/li><li>It requires you to have technical knowledge about <span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/comparedbusiness.com\/uk\/blog\/payment-gateway\/payment-api\/\">payment APIs<\/a><\/strong><\/span>, so you might need to hire a dedicated developer for it.<\/li><\/ul><p><strong>Example of this payment gateway:<\/strong> Amazon.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79cf185 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79cf185\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8ae8d1b\" data-id=\"8ae8d1b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d1df224 elementor-widget elementor-widget-heading\" data-id=\"d1df224\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Off-site gateways<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b4e462 elementor-widget elementor-widget-text-editor\" data-id=\"4b4e462\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In an off-site gateway, the customer is taken from your website to the payment gateway provider\u2019s website to make the payment. That means the service provider is responsible for handling the transactions.<\/p><p><strong>Pros:<\/strong><\/p><ul><li>The biggest advantage of an off-site gateway is the low cost. They can be set at a fraction of the cost of an on-site gateway.<br \/><br \/><\/li><li>They are quite easy and speedy to set up and integrate into your e-commerce website. The third-party provider handles the heavy lifting, including security and compliance.<\/li><\/ul><p><strong>Cons:<\/strong><\/p><ul><li>The redirection to an external site can sometimes cause confusion among customers, leading to higher cart abandonment rates.<br \/><br \/><\/li><li>Businesses will have limited access to detailed transaction data because the payment process occurs on a third-party platform.<\/li><\/ul><p><strong>Example of this payment gateway:<\/strong> PayPal.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab3b30b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab3b30b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2773b46\" data-id=\"2773b46\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-362acb7 elementor-widget elementor-widget-heading\" data-id=\"362acb7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. API-hosted gateways<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81afe12 elementor-widget elementor-widget-text-editor\" data-id=\"81afe12\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In an Application Programming Interface (API)-hosted gateway, the business handles transactions on its e-commerce website while leveraging the security and functionality of a third-party payment processor.<\/p><p><strong>Pros:<\/strong><\/p><ul><li>It offers a wide scope of customisation, which allows businesses to design the payment process to fit their brand\u2019s look.<br \/><br \/><\/li><li>These gateways come with certain security features like tokenisation, to protect sensitive payment data.<\/li><\/ul><p><strong>Cons:<\/strong><\/p><ul><li>Requires technical know-how for integration, especially for API calls and handling responses.<br \/><br \/><\/li><li>Managing an API-hosted gateway demands continuous updates and maintenance to keep the system secure and compatible with evolving technologies.<\/li><\/ul><p><strong>Example of this payment gateway:<\/strong> Stripe.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c772559 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c772559\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74b9b4e\" data-id=\"74b9b4e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-56e569c elementor-widget elementor-widget-heading\" data-id=\"56e569c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"benefits_of_e-commerce_payment_gateways\"><\/span>Benefits of e-commerce payment gateways<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-213b0f6 elementor-widget elementor-widget-image\" data-id=\"213b0f6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/comparedbusiness.com\/uk\/wp-content\/uploads\/sites\/3\/elementor\/thumbs\/Benefits-of-E-commerce-Payment-Gateways-qt682hn9sjx7zvbu73b0gboaag9jypricsbx31e6cg.jpg\" title=\"Benefits of E-commerce Payment Gateways\" alt=\"Benefits of E-commerce Payment Gateways\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1680e26 elementor-widget elementor-widget-text-editor\" data-id=\"1680e26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>You can achieve multiple benefits for your e-commerce business by integrating a payment gateway into it.<\/p><p><strong>Better security:<\/strong><\/p><p>It provides enhanced security through encryption and PCI DSS compliance, which protects sensitive customer data from fraud and breaches. Compared to traditional methods like direct bank transfers, payment gateways offer better security features.<\/p><p><strong>Global reach:<\/strong><\/p><p>It facilitates international transactions by supporting multiple currencies. This capability allows businesses to expand their customer base globally without the complexity of dealing with different payment systems. In contrast, traditional methods often face limitation in handling cross-border transactions.<\/p><p><strong>Improved customer experience:<\/strong><\/p><p>By providing an efficient checkout system and fast transactions, the payment gateway enhances the overall shopping experience of your customers.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bba8ab1 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"bba8ab1\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md elementor-animation-grow\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get Payment Gateway Quotes<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3b1c550 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3b1c550\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51d0331\" data-id=\"51d0331\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-68ebfc5 elementor-widget elementor-widget-spacer\" data-id=\"68ebfc5\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce5e24c elementor-widget elementor-widget-heading\" data-id=\"ce5e24c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"choosing_an_e-commerce_payment_gateway\"><\/span>Choosing an e-commerce payment gateway<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-735932f elementor-widget elementor-widget-text-editor\" data-id=\"735932f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Opting for a compatible e-commerce payment gateway may seem confusing because there are so many options around you. But the following considerations will make the job easier for you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13baaef elementor-widget elementor-widget-heading\" data-id=\"13baaef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Costs<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49d7f41 elementor-widget elementor-widget-text-editor\" data-id=\"49d7f41\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The pricing structure of the payment gateway might be your first consideration. Keeping in view your budget, you should look for a provider that gives you the most number of benefits for the least amount of money. Generally, the costs are divided into:<\/p><ul><li><strong>Setup fees:<\/strong> A one-time fee to set up the payment system.<\/li><li><strong>Monthly fee:<\/strong> This is the running fee which is charged monthly to a business, usually between \u00a310 &#8211; \u00a330.<\/li><li><strong>Transaction fee:<\/strong> This is what you get charged for each transaction. Typically, it\u2019s in the range of 2% &#8211; 3% + \u00a30.2 &#8211; \u00a30.4.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-01443a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"01443a7\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4db1abd\" data-id=\"4db1abd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7bd1406 elementor-widget elementor-widget-heading\" data-id=\"7bd1406\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Customer support<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8db2337 elementor-widget elementor-widget-text-editor\" data-id=\"8db2337\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>You will certainly run into technical issues when running your e-commerce website in the UK. That\u2019s when you would need the customer support of your <span style=\"text-decoration: underline\"><strong><a href=\"https:\/\/comparedbusiness.com\/uk\/payment-gateway\/\">payment gateway provider.<\/a><\/strong><\/span><\/p><p>Check that the provider has a working contact number that you can call in case of emergencies. Ideally, it should be based in your own country and it\u2019s preferred if they display multiple contact options on their website or app.<\/p><p>Make sure their support team is readily available on short notice (you can always test that out while contacting them for market research). Also, look at their online reviews on platforms like Glassdoor and Trustpilot. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f53ec0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f53ec0\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-899f6a0\" data-id=\"899f6a0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-196ce33 elementor-widget elementor-widget-heading\" data-id=\"196ce33\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Security<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-373d114 elementor-widget elementor-widget-text-editor\" data-id=\"373d114\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>When considering a payment gateway in e-commerce, security is of utmost importance because your customers&#8217; sensitive payment information is at stake. You don\u2019t want your website compromised due to an insecure payment gateway. Look for the following compliances and security features:<\/p><ul><li>Encryption.<\/li><li>3D Secure.<\/li><li>Tokenisation.<\/li><li>SSL certificate.<\/li><li>PSD2 compliance.<\/li><li>PCI DSS compliance.<\/li><\/ul><p>Other significant considerations include whether the gateway requires you to set up a merchant account, whether it will provide off-site, on-site or API-hosted functionality and whether it supports multiple currencies. <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a1ee3b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1ee3b7\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e6db63a\" data-id=\"e6db63a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb28bf5 elementor-widget elementor-widget-heading\" data-id=\"eb28bf5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"find_top_payment_gateway_service_providers_in_the_uk_with_comparedbusiness\"><\/span>Find Top Payment Gateway Service Providers In The UK With ComparedBusiness<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99d0232 elementor-widget elementor-widget-text-editor\" data-id=\"99d0232\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>ComparedBusiness helps you secure payment gateway services from reliable providers in the UK. Just submit your requirements in under 2 minutes and we will get back to you with quotes from them. You can pick and choose the best option.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-688dace elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"688dace\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd7cf0f\" data-id=\"cd7cf0f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9f64ab elementor-align-center elementor-widget elementor-widget-button\" data-id=\"f9f64ab\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-size-md elementor-animation-grow\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get Payment Gateway Quotes<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a33573 elementor-widget elementor-widget-spacer\" data-id=\"0a33573\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>E-commerce is booming with every passing year. In the UK in 2021, e-commerce sales accounted for 36.3% of the total retail market (International Trade Administration Report). If you\u2019re selling a product or service online through your website, payment gateway is one term that you might have come across quite frequently. In this article, I will &#8230; <a title=\"E-Commerce Payment Gateways: Everything You Need to Know\" class=\"read-more\" href=\"https:\/\/comparedbusiness.com\/uk\/blog\/payment-gateway\/ecommerce-payment-gateways\/\">Read more<\/a><\/p>\n","protected":false},"author":9,"featured_media":11205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[60],"tags":[],"class_list":["post-11197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-payment-gateway"],"_links":{"self":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/11197"}],"collection":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/comments?post=11197"}],"version-history":[{"count":15,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/11197\/revisions"}],"predecessor-version":[{"id":11230,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/posts\/11197\/revisions\/11230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/media\/11205"}],"wp:attachment":[{"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/media?parent=11197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/categories?post=11197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comparedbusiness.com\/uk\/wp-json\/wp\/v2\/tags?post=11197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}