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What to Look for in a Payment Gateway

July 16th, 2018

So, you want to accept credit cards online. Why not? Everyone else is doing it right? There are many solutions out there for you to do it. Which one is best? That’s up for you to decide. We can help you, though, filter though some of the bad ones and also some things to look for when choosing. Let’s take a look at choosing a payment gateway.

One of the first things to look for is a payment gateway who can work with most, if not all processing companies. What happens with many businesses is that they get set up with a company that has their own proprietary system and can only work with only a couple if not one processor. Years later, you figure out it’s not the system for you or the processors rates don’t work for you. Moving to a new payment gateway is not impossible, but can become tedious if you have recurring billing and other such services set up for your current clients.

Make sure the payment gateway you choose can do more than just help you accept credit cards online. Do some homework that the company fits all the needs of your business. Can it send out invoices to your customers? Can you set up automated billing for your monthly clients? Is it secure? Will it work with your processing company of choice? This is just a few of the many things that you need to keep an eye on.

Each business will have different needs and features that it will be looking for when choosing a payment gateway. Make sure to do some homework before choosing the first gateway that you find. If your company is overwelmed or does not know where to start, reach out to Rocky Mountain Credit Card as we have numerous options and can help you be at ease with your decision!