Payment Gateway Integration For Your Business Growth.

sonikasonia91 14 views 8 slides Sep 19, 2024
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About This Presentation

A payment gateway is a service that enables internet companies to accept electronic payments for products purchased online. It securely transfers information between the customer's and merchant's banks to allow for payment processing.


Slide Content

hornetdynamics.com
Visit Our Website
Payment Gateway
Integration
Cost, Guide and How to?
Hornet Dynamics
Business Company

Apaymentgatewayisthetechnologythat
businessesusetoreceivedebitorcreditcard
paymentsfromcustomers.Thewordrefersto
bothactualcardreadersseeninbrick-and-
mortarretailoutletsandpaymentprocessing
gatewaysfoundininternetretailers.
What Is a Payment Gateway?
Whateverproductyouwanttoselltothemlike
onlinecoursesdigitalproductsoranythingelse
apartfromthese,ifyouwanttosellthem,then
itismostimportantthatyourwebsiteshould
haveapaymentgateway.Ifanyofyourusers
wanttobuyanyofyourproductsandmake
paymentsonline,theycaneasilypaythrough
yourwebsite.Youcaneasilyreceivethat
paymentthroughpaymentgateways.
Why are they important?

Costs of Payment Gateway
Integration
The integration pattern is defined by the
integration technique used (hosted, self-
hosted, or direct post).
If you choose a market-available payment
gateway Gateway and merchant account
setup costs.
In the case of a bespoke payment gateway
the quantity and complexity of a solution's
functional modules, as well as the price of
obtaining needed certification.
The connected apps needed to be modified
both technically and logically.
The performance, availability, scalability,
and security requirements for the
integrated system.

4 Different Types of Payment
Gateway Integration
Local bank integration
gateways connect the
consumer to the payment
gateway's bank website,
where they submit their
payment and contact
information.
Local bank Payment
Gateway
Payment information is
acquired using an
application programming
interface (API).
API-hosted Payment
Gateway
Also called integrated
gateways, these gateways
receive payment
information from the
company's website and
deliver it to the payment
gateway URL.
Self-hosted Payment
Gateway
A hosted payment
gateway directs
customers away from
your checkout page.
Hosted Payment
Gateway

Roadmap for Payment
Gateway Integration
Analyzing and selecting
requirements
Testing &
Deployment
Setting up the
environment
Setting up your
account
Integrative Process
•Analyzingandselectingrequirements
The first stage in payment gateway integration is to assess the
business needs and choose an appropriate gateway provider.
•Settingupyouraccount
After selecting a payment gateway integration service, the
following step is to set up a service provider account.
•Settinguptheenvironment
Configuring the essential tools and frameworks for payment
gateway API integration is part of setting up the development
ecosystem.
•IntegrativeProcess
To enable flawless transaction processing, the payment
gateway integration procedure includes many key
components.
•Testing&Deployment
Thorough testing guarantees that the integration functions smoothly
by discovering and fixing capacity issues before deployment. After
successful testing, the payment gateway integration services are
moved to the production environment.

Popular Payment
Gateway Integration in
USA & India
•Authorize.net
•Stax
•Payline Data
•Shopify
•Helcim
•Elavon
•Square
•Stripe
•Clover
•PayPal
•Paytm
•Instamojo
•PayU
•Razorpay
•Stripe
•CCAvenue
•Zaakpay
•PayKun
•Cashfree
•PayGlocal
USA India

What is the process of
developing a payment gateway?
Certain expertise and certifications
may be required to implement
certain of your bespoke payment
gateway's functionalities. As a
result, your goal is to identify and
recruit a payment gateway
development team with this
understanding.
Choosing Staff for
Your Project
At this point, you should have
a solution roadmap that
includes essential
components of your product
such as deliverables,
milestones, and objectives.
Coding the
Payment Solution
Once the payment gateway's
functionality has been
created, security, load, and
penetration testing will be
undertaken.
Product Release Stage
Be aware that your partnership with the
firm that provides payment gateway
development services does not end with
the introduction of your solution. The team
should provide post-launch maintenance
and support services to guarantee that
your payment gateway functions properly
and without interruption.
Operations, Product
Support, and Maintenance

hornetdynamics.com
Visit Our Website
For Your Attention
Thank You
Hornet Dynamics
Business Company