Using two payment gateways
For most merchants having one safe and secure payment gateway seems to be enough. However, under some circumstances businesses choose to use more than one, why is this?? As with merchant accounts each provider is slightly different, offering unique selling points, considering multiple payment gateway integration on your website will allow your ecommerce store to benefit from the best of both.
PAYMENT GATEWAYS EXPLAINEDMultiple payment gateway benefits
Using more than one payment gateway allows merchants to accept transactions from customers in different scenarios, below are some examples;
Accept payments worldwide
Having more than one payment gateway allows flexibility with international payments, the transactions will use the relevant gateway depending on customer location.
Service levels
Using multiple payment gateway providers means that if service is lost from one you have a backup, brilliant for larger firms as a security blanket.
High-risk implications
Some high-risk merchant may only be partly so, meaning that some products sold are high-risk and other aren’t. Therefore, having two different payment gateways, one for high-risk products and one for standard, will reduce the cost – rather than having one high risk payment gateway to cover all sales.
Multi payment gateway integration in PHP
If you are considering multi payment gateway and need advice on integration in PHP, speak to your advisor before applying, guides can also be found online.
At Merchant Advice Service, we work with industry experts to aid you in finding the best providers for multi gateway payment processing for your business now and in the future.
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