Web Impression Technology

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E-commerce Development & Payment Gateway Setup

The internet remains one of the most lucrative ways to make money. Matter of fact, the richest man on the planet-Jeff Bezos, is nothing more than an internet entrepreneur. So are other world’s top billionaires including Mark Zuckerberg, Larry Page, and Larry Ellison.

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There are many ways to get rich through the internet. One of them is e-commerce, which entails buying and selling goods or services online.

Before you get started with this trade, you’ll need a website. You will need not just a regular website, but an e-commerce site. A fully-fledged e-commerce website has all the features that buyers will need to be able to order goods or services. One of them is a payment gateway setup. This can be very challenging to build with several considerations, which include security taken into account.

The best way to have a solid e-commerce website is to hire a trustworthy professional. At WIT, we provide exceptional e-commerce development and payment gateway setup services. We know how to develop all the different kinds of e-commerce websites for various business models. These include business-to-business(B2B), business-to-consumer(B2C), consumer-to-consumer(C2C), and consumer-to-business(C2B).

B2B e-commerce websites are suitable for businesses whose target audiences are businesses. Think about websites such as SurveyMonkey, HubSpot, or Salesforce. B2C websites target normal consumers as they offer goods and services meant to be consumed by the general public. E-commerce sites such as eBay, Amazon, and Alibaba all fall under this category. C2C e-commerce websites are those that allow consumers to buy or sell among each other. Etsy, Amazon, and eBay are good examples. Finally, C2B e-commerce websites are those run by consumers, which target businesses. A good example is Coinexposer, a website that offers cryptocurrency writing services to entities that deal in digital currency.

When it comes to payment gateways, we know that there are 4 types of gateways; hosted gateways, self-hosted gateways, API hosted gateways, and local bank integration. A good example of a hosted gateway is PayPal. Any gateway that directs the buyer away from the website’s checkout page is considered one. When it comes to self-hosted gateways, think about Shopify payments where the payment details are collected from the buyer within as opposed to away from the merchant’s check-out page. Meanwhile, API-hosted gateways are those that require the customer to enter their debit or credit card info directly on the seller’s checkout page after which payments are processed using HTTPS queries or API. Examples of these are Authorize.net, Stripe, and CIM. Finally, local bank integration payment gateways are those that redirect the buyer to their bank’s website where they enter their payment details to make the payment. Once the payment goes through, the buyer is redirected back to the seller’s website and the transaction becomes complete.

Of course, each payment gateway has its own advantages and disadvantages. For example, hosted gateways tend to be secure even though the entire user experience is controlled by the merchant. Meanwhile, self-hosted payment gateways ensure customizable flow though they lack a support system. Nonetheless, API-hosted payment gateways have incredible integration even though their security is wanting. Finally, local bank integration payment gateways tend to be easy to set up though they lack other features apart from basic. This can be a significant setback if you are running a serious e-commerce website like Amazon, which requires a lot more features than basic.

As you can see, we are highly knowledgeable about e-commerce websites. That means you shouldn’t doubt our capabilities when it comes to creating a good e-commerce website. Call us today and let us provide you with a professional-looking e-commerce website that will generate income.

Plus, all of these great benefits.

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