The business merchant must integrate its e-commerce platform with web-based payment service providers to get received payment from users. Highriskgateways with all its expertise is a key service provider. Highriskgateway helps boost your global sales. If you’re running an onlinebusiness it’s sure you’llrequire a payment processing platform to makerisk-free transactions and boost your sales with fast and secured payment processing.
How does Payment Gateway work?
The credentials filled in by consumers through their credit and debit cards on the Payment options page are passed on by payment gateways to the payment processor which verifies various card schemes options available with cards or the otherpayment option. This is oftenfurther conceded on to issuing bank to ascertain whether the payment option scheme opted is valid for payment or fund availability thenafter approving the funds are often transferred to the merchant’s account within 24-48 hours from the issuing bank.
However, this happens only within thecase of onshore payments. For offshore payments, it alwaystakes 10-14 days for the settlement of payment transactions called by merchants.
The Acquirers or the banks are the key players because itentirely depends upon their policies that what kind ofservice they’re getting tooffer to merchants after looking into their documents and their requirement. They’ll initiallyoffer 3D and Non-3D payment options via credit cards and debit cards and afterwardlooking into the performance of the account may offer Alternate payment methods.
Merchants with acquirer merchant’s account are facilitated with payments gateways for creating payment online for his or herservices. Both 3D & non-3D payment gateways are usually provided. Though both are secure methods of transaction but are generally preferred with thecharacter of business. Generally, high-risk merchants likee-commerce, Forex, Adult, Casino, and Online Dating may HRGwith Non-3D payment gateways. The difference between them lies within the security environment they provideto their consumer.
What is a Non-3D Payment Gateway?
In the Non-3D payment gateway, security authentication is completed with the recorded data already with the bank. During this payment method, the transaction is formed with no authentication and may process with just the buyer’s detail.
Non-3D payment is extremely useful for merchants that provide services and goods internationally. It’s a hassle-free payment technique that works briskly generating massive revenue. It allows quick approval of transactions alongside the pliability to urge the statements. It supports multiple currencies throughout the planet and showcases real-time transactions
If you’re into the e-commerce industry and searching for immense growth, a Non-3D Payment Gateway will boost your business. It’ll give every Payment Processing feature your company may require instantly.
What is 3D Payment Gateway?
In the 3D payment gateway, 3D stands for 3-dimensional. 3D payments are those during which the authentication is completed with the assistance of external sources like fingerprints, OTP, etc. 3D payments gather the knowledge of the person making the payment and send it to the banks for verification and after verification, the payment is directed to the merchant account. It adds an additional layer of security to the transaction. The positive aspect of such a payment gateway is that it somehow manages to manage a particular amount of chargebacks or frauds.
3D Payment gateway though safe depends upon the varied regulations which could differ with countries. That’s why high-risk businesses prefer Non-3D payment gateways so as to supply a stress-free experience to customers.
There is a huge difference in having and managing payment processing services. Highriskgateways not only make sure you with the simplest real-time support and services but also helps in achieving the monthly sales report. For businesses falling under the low-risk category, there are vulnerable chances that the bank can approve them for Payment services except for high-risk organizations, it’s sometimes difficult the there are possibilities that their own bank with an accounting deny them Payment Services, after which organizations need to search for reliable sources for payment Services.
HRG is one of the leading High-Risk payment Gateway service providers who tirelessly work 24X7, head on the top to be liable for payment service. Simply fill within the inquiry form and that we will revisit to you alongside the list of offerings and other formalities that a merchant must submit for availing payment service.
8 Ways in Which Non-3d Payment Gateway Works
Quick Approval: Some merchants believe that they can get a high-risk merchant account instant approval, but this option just simply doesn’t exist. The approval process is an involved one. High-risk merchants can improve their chances of getting approved by highlighting the best features of their business
Flexible to get the statements: Our Non-3d payment gateway sends the automated statement to your registered email address with all the details.
Various currencies: Now you can get payment from all over the world in any currency. Now expand your online business globally and our system is converted and transfer to the merchant’s account.
Secured, reliable, fast gateway: This is a safe and secure payment system and payment is the end-to-end process.
Real-time transactions: Transaction is successful instantly and sends the confirmation message to the customer’s bank.
Complete guidance for the merchants: Our technical consultant provides full training for payment gateway processing and how it works.
Dedicated Merchant Account: You can get the dedicated merchant account for your business with its Brand name.
Flexible processor: Our payment gateway is flexible in processing and you can get the payment at any instance of time.
Source of Article: https://highriskgateways.over-blog.com/2021/08/5-ways-non-3d-payment-gateway-will-help-you-get-more-business.html