Integration of Payment Systems on a Website
Business activities have long moved to the Internet. The World Wide Web allows any type of commercial activity to attract customers. Companies can sell products on a website that provides the maximum amount of useful information about their products.
Creating an online store, especially online services and trading platforms, is a direct testament to the convenience of using websites. Anyone can make purchases without leaving the comfort of their home. One of the important conditions for executing a purchase agreement is immediate payment for the product. Integrating a payment system on the website increases its operational efficiency.
Experienced specialists develop trading platforms. Only with their help can you achieve a high level of sales and fast page loading. To successfully grow a business and increase income, entrepreneurs just need to contact experienced professionals who will undertake the quality development of websites.
The technical specification by default assumes integration with a payment system. This feature should be planned for implementation without the client’s request. One can spend endless time trying to install this option independently, but it’s better to turn to the professionals at GTRIX web studio. The specialists are ready to start work today and complete orders of any complexity by the agreed deadline with the client.
How Payment Systems and Online Payments Came to Be
Even before online business began to develop, the digitization of the banking system had started. The first plastic card from Banc of America appeared in 1958. Over time, the payment system Visa was established. The success of this decision became apparent in the following years. The number of plastic cardholders in the 1970s approached several million. By 1967, the MasterCard system was launched.
Shops and consumers appreciated the benefits of cashless payments. The realization of this idea began with the first online trading platforms. At that time, implementing payments was simple, as there were no flexible options available.
In 1993, an important event occurred — electronic money entered the market. The first online payment technology, eCash, was introduced in the U.S. Electronic money was stored on the hard drive of PCs, with transactions managed by specialized software.
The market continued to grow. Hundreds of payment systems emerged. Leaders emerged, while those that could not withstand competition disappeared.
In Ukraine, integrating a payment system on a website is carried out for online stores or any other commercial online resources. Our company will provide the opportunity for online purchases using financial tools. You can consult with the managers of GTRIX web studio regarding available payment systems in Ukraine.
How to Choose a Supplier Company
Integrating a website with payment systems is done step by step according to instructions. But first, it is necessary to choose a suitable company. It is essential to adhere to specific criteria.
Modern systems are easier to register. Funds are credited to the store’s account almost instantly. What is the downside of these systems? High transaction fees, sometimes exceeding the margin.
Classic systems delay funds for several days, making them unavailable for use during transaction processing, which results in lower fees. Choose a payment system based on your needs. Consider your sales volumes and determine whether you will pay a fee for quick withdrawals.
When deciding to install a secure payment system on your website, it is crucial that clients’ personal information remains confidential. Special encryption keys ensure non-disclosure. Some suppliers delete card information immediately after the payment is processed.
It is essential for the user to feel comfortable, as this increases trust. Pay attention to the interface. Evaluate usability: is it easy to navigate the options? How readable is the font? Are there tooltips? A user who cannot navigate the interface will not complete a purchase, resulting in lost revenue.
List of Payment Systems in Ukraine
What payment systems are available today in Ukraine? The socially important payment system is called MasterCard. Cards are offered by 40 banking institutions in Ukraine. To gain popularity, loyalty programs are in place.
VISA cards are issued by 50 Ukrainian banks. An interesting modern solution could be the implementation of Google Pay or Apple Pay payment systems on a Ukrainian website, along with Liqpay. The cost of integrating Liqpay on a website depends on the tools used.
Among the top five payment systems in Ukraine today is the Prostor system, which allows payments for products and services and cash withdrawals. The supplier company collaborates with 53 Ukrainian banks.
Some website owners believe they can figure out how to implement a payment system on their own. However, the implemented tools do not function correctly, requiring rework. Experienced specialists at GTRIX web studio offer to connect payment systems to the website effectively and at a reasonable price. Contact a manager to schedule a consultation, and we will promptly resolve your issue.
