Singlebag payment gateway:
A payment gateway is a service that helps websites and mobile apps process payments. Gateway encrypts data processed, and its goal is to let users authorize properly. A payment gateway provides communication between buyer and seller, while payment systems are responsible for receiving funds. But some payment systems are payment gateways as well, like PayPal, example. It ensures secure data transfer and provides a payment system.
Websites use it to let users make payments for the products they buy. The client orders a product on the eCommerce store created on the Singlebag website and proceeds to the payment page. The client inputs all payment card information on the payment system website, and the payment gateway transfers the information to the acquiring bank.
The integration process of the payment gateway is performed by the Singlebag software development team when creating a website or a mobile app. It is necessary to have specific skills to integrate a payment gateway, so you need to hire reliable software developers.
Singlebag provides 8+ easy payment gateways. We live in a digital world where most people use UPI or digital mode for financial transactions. It is easy to pay, easy to receive, and a quick financial transaction method for both sellers and buyers. Also, the digital mode of payment has become a boon for e-stores where sellers get instant payment even before the delivery of the product.
But with multiple payment options present in the market, sellers look for one single platform where the buyers can use any mode of payment and get their buying done without a glitch.
Singlebag offers a one-click payment facility for its registered users. Follow the steps to set up a payment method:
· Go to Setting > Payment Options.
· Here you can choose between manual payment and alternative payment.
· Through Manual Payment, you can keep a tab on cash on delivery (COD).
· Alternative meetings allow you to choose multiple payment gateways like Instamojo, Razorpay, PayPal, Stripe, Toyyibpay, Mollie, Paystack, and Marcado.
· Installing an alternate payment is easy, but you must consider if your chosen payment gateway supports the currency.
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