Currently, global payment processing service is the utmost requirement if you are planning to set up a online shopping portal in Dubai that caters to customers around the globe. It is because the UAE boasts a flourishing economy and customers all across the globe look forward to trading companies based there while purchasing online products. In such a scenario, international payment gateways can help you in processing the transaction from global customers. It acts in a similar way to other standard payment processing services, but, offer payment through multiple currencies and various payment options.
Here are some of the must-have features for global payment processing services.
Accepting Payments in Multiple Currencies
In today’s world, the motto of every e-commerce platform is establishing a better relationship with customers by overcoming the challenges of payment processing. One of the foremost ways of achieving it is through accepting payment in multiple currencies. It is a fact that foreigners become more confident when they get an opportunity in making the final payment in their national currency instead of the local currency of the trading company. So, when your global payment processing service would accept payment in dollars, pound, euro, Saudi riyal, Omani rial, and the Indian rupee in addition to Arab Emirates Dirham (AED), there is a higher probability of converting the business. Customers no longer need to make any extra payment to their respective banks for the conversion of their local currency to AED.
Variety of Payment Choices
A trading company can only flourish at international scale when it offers a variety of payment choices to customers. In today’s competitive world, you cannot make enough profit if you accept only a single type of credit or debit cards. Most top-rated online boutiques in the UAE now resort to those international payment gateways where there is an option of payment through American Express, Knet, Visa, Mada, MasterCard, SADAD, and OmanNet cards. It offers you a competitive advantage over other platforms using standard payment processing services.
Added Security Features
Foreigners can only become committed in your business when you ensure them there are negligible chances of theft of sensitive financial data while transacting with you. You can achieve this by implementing a PCI-DSS certified global payment gateway, 24-hour customer care service centre, and showing zero tolerance for any fraudulent activities. These multiple tiers of security features win the confidence of international customers, and they feel comfortable in visiting your portal and purchasing their desired products.
Seamless Checkouts
Customers prefer buying services or commodities from those websites where the payment gateways offer seamless checkout options. They want the entire process of authorisation and settlement of payment to get completed within a few seconds. It is the reason, most online boutiques in the UAE prefer those payment processing services which can carry out the transaction at a lightning fast speed without compromising the safety features. It improves the visitor's experience manifold and compels them to revisit your site shortly.
These were some of the must-have features of global payment processing services. Conduct thorough research about all the international payment gateways available in the UAE and select the best option based on the properties mentioned above.
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