Is Cheaper Better in the World of Payment Gateway Services?

As a business owner, it is natural to want to get the best deal at all times. After all, more money in your wallet is bound to help your bottom line. However, you’ve probably also learned that there are some things that you shouldn’t cut corners on. Most often, these inadequate services will end up costing more in the long run. Payment gateways are definitely something that should not be purchased carelessly.

The Payment Gateways Basics

A payment gateway is essential to any business that is looking to break into the wide world of online transactions. In short, a payment gateway is an e-commerce service provider that authorizes credit card payments for e-businesses and traditional brick and mortar stores.

If you imagine the cyber version of the point of sale that exists in a real-life store, that’s what a payment gateway is.

The Difference Between a Good and Bad Payment Gateway

Just like any other business offering a service, payment gateways offer their services at different price points. The cheapest payment gateway is not always necessarily the best, especially when it comes to cyber security.

Would you really want to take risks with the cyber security of your customers? Of all the things to get a good deal on, you really can’t and shouldn’t put a price on the financial security and peace of mind of your customers. A customer who feels secure is much more likely to spend purchase from your business.

Here at Allied Wallet, we provide a customisable Fraud Scrub feature that will protect customers from having their data stolen by thieves.

Another good reason to avoid the cheapest payment gateway would be if it is not well reviewed. As is true in many fields, customer reviews are an important aspect of researching the best possible payment gateway for your website.

A Payment Gateway that’s a Cut Above the Rest

Allied Wallet understands that you get what you pay for, but we also respect that businesses of different sizes have different operating budgets to work with. That’s why we offer a range of different plans to suit businesses of all sizes, regardless of expense limitation.

This feature allows you to send receive payments from anywhere in the world in 164 currencies. There are no excessive exchange or maintenance fees, either. Plus, we offer a mobile app that’s compatible with Apple iOS, Android, and Blackberry devices. With it, you can transact, purchase, send, and receive funds all from your handheld device.

Ask yourself: can the rock bottom cheapest payment gateway provide this kind of high quality service?

Allied Wallet – Your Choice for Payment Gateway Services

Whether or not you are on a tight budget, Allied Wallet should be your choice for payment gateway services. If your business is ready to be a part of the Allied Wallet family, sign up today.


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