Payment Providers
| Little Duck Solutions 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. |
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