eCommerce Payment Providers

The Pace Retail Webshop is compatible with most of the major eCommerce payment providers. Here is a guide to help you choose eCommerce payment provider is best for your business.

When choosing a eCommerce payment provider you should consider the following:

1) The initial transaction rate
The initial transaction rate is normally a percentage or the whole sale or a fixed fee. Some eCommerce payment providers have a combination of both.

2) Monthly Fees
Some payment gateways have a monthly recurring fee for processing payments.  This is normally included with most integrated eCommerce payment providers.

3) Withdrawal Fees
Some payment gateways have a charge for withdrawing funds from their accounts into your bank account.

4) Time for withdrawing money
The time it takes to withdraw funds into your bank account may be key to your business.

5) Credibility
Not all payment providers are well known, although you may get better rates a more well known payment provider may increase buyer confidence and your volume of sales.

6) Integrated or Off Site Payments
Integrated payments (credit card payments directly on your site) look more professional and portray a larger company.

7) Time to setup
The length of time required to set up a payment gateway varies from company to company.

We have created a list of the common eCommerce payment providers with a guide to each of these questions.