1. Improve business efficiency
Handling chargebacks is also time-consuming and labor-intensive, and can even produce tasks that affect the value of the operational team in carrying out more strategic research for development.
Businesses want to achieve economic and efficient expansion, payment gateway for ecommerce it is necessary to maximize the optimization of the payment process, and the payment gateway, an important driver of the payment chain for scientific and effective monitoring.
Provide merchants with more data support to make decisions and minimize the burden of back-office operations. It can retrieve key event information of merchants' payment gateways in real time and respond to it effectively.
It can also provide merchants with a simple and intuitive dashboard that provides a centralized and comprehensive display of the merchant's payment status in the form of reports, including transaction-specific disputes and validations. Take the PayPal Dispute Resolution Center as an example.
2. Simplify compliance procedures to prevent fraud risks
Enterprise businesses process millions of leasing portal transactions each year, and overly strict anti-fraud regulations can deny legitimate transactions, pushing potential customers into the arms of other businesses.
Leading payment service providers often offer proactive anti-fraud tools to help businesses make quick and informed decisions about suspicious transactions and develop anti-fraud rules tailored to their business needs.
Anti-fraud applications are widely recognized for their ability to help businesses monitor fraudulent transactions using leading machine learning technology without impacting authorization rates.
It also uses the latest security protocols, such as network tokens and data encryption, to help businesses build a brick wall against fraud.
With a deep understanding of more than 200 countries around the world, we are able to meet the compliance and regulatory requirements of enterprises' cross-border logistics operations.
Related Hot Topic
Which payment method is employed in online shopping?
Using a credit card Credit cards are, as we all know, the cornerstone of contemporary e-commerce payment systems. Customers finance other payment methods, such as digital wallets, with credit cards.
Which payment processor does Shopify employ?
PayPal is one of Shopify's default payment suppliers. When you open a store, you're given a PayPal Express Checkout account with the email you used to sign up for your Shopify business. Once you set up your PayPal account you'll be able to accept money for orders made with PayPal.
Is Shopify the best option for online stores?
The best software-as-a-service (SaaS) platform for e-commerce is undoubtedly Shopify.