Tuesday, July 9, 2019

Expand Your eCommerce Business Globally

Study your Targeted Market
If you are just starting out then put a few items on the sale. Do not rely on commerce entirely. Focus on the main business first and then slowly move towards e-commerce. Starting small can help you understand your market very well.


Here are the key points to know about your Target Market.
  • Start slowly with E-commerce Business. Put your prime focus on the main business at all times
  • Take notes from your small start and point out the fields where you need to work first.
  • Mark out the countries where your business can flourish.
  • Target the countries with better economy and study their business norms.
  • Learn about the customers and what they are looking for in your product.

Consider Various Payment Methods for your E-commerce Business

If you are dealing in different countries then your business will surely include foreign currency. And to avoid any conflicts in the future, you need to normalize the price of your product to match the demands of the customer from different countries.
  • Sometimes, the customer likes a specific product but does not purchase it. Simply because their preferred payment method is not available.
  • It is ideal to use the local currency to get revenue from a specific country.
  • If you are not ready to deal with a different currency then make sure to give the currency conversion option so the customers can see what they’re paying.
  • Choosing the right payment provider for your overseas transaction can be a tricky job.
  • While choosing the payment processor, make the security of the transaction your priority.

Plan your Big Entry

Start Small on Existing Market Place
You can start small with the existing e-commerce platform like eBay. As we discussed, a small start can be ideal for a business that is just entering the E-commerce platform. Moreover, starting small gives you plenty of time while making a transition from store business to e-commerce.
  • Small start allows you to test your product online.
  • Also, you get the appropriate amount of time to focus on your main business.
  • Choose a popular marketplace for your E-commerce Business for International Sales.
  • Get more information visit website ask our experts team.

Monday, July 1, 2019

Credit Card Processing with Payment Gateway

Comparing and then choosing the credit card processor for your business can be beneficial for your business. Here is a guide that you can use to choose the best credit card processing with a payment gateway.


A Processor that Offers Business Specific Services

Does your business require mobile processing? Or online transactions? If yes, then look for your Payment Processor to fulfill your demands first.
What is the size of your business and your monthly transaction value? This can help you choose your chargeback limit according to the need.
Read the contract very well and then sign the papers after a complete evaluation.

A Service Provider with 24/7 Support

Credit Card Processing with Payment Gateway is your necessity.
But make sure you get sufficient support as well.
This means the Payment service provider should also offer good support in case of an issue.
And do check the services provided by the payment processors in the case of disputes and chargebacks.

Ask for Additional Fees and Other Service Charges

Do not forget to ask the details related to the Service Fees.
This includes the additional fees, PCI Compliance, and other charges.
Also, compare these charges of various Credit Card Processing with Payment Gateway to choose the under budget service.

Choose a Combination Depending on your Need

After evaluating all the service providers and their charges, you will be able to finalize the one that will work the best for your business.
A good Credit Card Processing with Payment Gateway for your business will be a combination of all the above-mentioned topics.

Payment Gateway vs Payment Processor 

Payment Gateway – A Gateway that simply allows the merchant to access the e-commerce market by allowing the transaction. This is an online point-of-sale for the business. You just need to have a merchant license and merchant account. Then you can get a payment gateway for your business.

Payment Processor – As the name suggests, they process the transactions by exchanging data between merchant and bank. Also, a payment processor will also provide credit card machines and other equipment you use to accept credit card payments.

If you need help while choosing a payment processor then you can contact Merchant Stronghold. We will provide you with an expert to guide you in the right direction and get your up and running in 24 hours.