E commerce websites work in unison with several technological tools and one such significant aspect of any retail website is the payment gateway. Why that is the payment gateway attracts maximum attention from visitors and people keep nudging its features? The simple reason being security of sensitive customer information. It is through this payment gateway that all the payments for orders are processed benefiting both the retailer and the consumer. Any minute misuse or mishandling of this gateway could cost a lot on the retailers and impact the customers too. Every payment gateway collects bank information from various customers and stands responsible for the calibration of the amount which goes into purchasing the product. So if there is a hack or malpractice which goes into this medium of payment, it means the account information of all the customers is in improper hands which could land up the retailers in serious trouble. Such being the importance of a payment gateway, Prestashop which has been a front-runner in providing state-of-the-art open source platforms for several eCommerce companies offers a vivid range of payment gateway modules which could be plugged into the existing online platform for the customers to use and benefit from. Let us take a look of how this happens and what are the options which Prestashop has for online business owners:
Types of payment modules:
Prestashop lets you choose from a plethora of modules categorized as:
- Payment which can be done through online cards and wallet
- Payment which can be done with an invoice
- Payment through bank transfer
- Prepayment or payment in advance
- Point of Sales payment
- Recurring payment on subscription
Let us drill deeper into these:
Papal Brain-tree official module:
This is a pre-integrated module which can be simply plugged into the web store and used. It supports all kinds of credit and debit cards with no specific limitations on the geographical region. It facilitates the quick processing of payments with a dedicated Papal account.
Invoice payment module:
In this mode of payment, retailers can provide an invoice to their customers. This document has all the details of the purchase including status of order which changes if there are any changes which have been done.
With this module, you can rest assured that all your payments will be safe. It is coupled with an anti-fraud system which ensures the safety of the payment being processed.
Cash on delivery module:
This is probably the most trusted mode of payment for customers. Those who do not trust online payments can opt for a direct payment after the product has been delivered. This mode of payment is however charged an extra fee.
Rock POS-Point of sale and omni channel module:
With this Prestashop add-on, retailers can link up their physical and online stores. The benefit being they get a unified view of all their transactions in a single place. This could help business owners to check their stock levels and ensure a blissful customer experience.
The retailers have an added advantage when using this module. They could choose if the payment page should be a redirected page or should be done within the shopping page itself. They could initiate notifications to the customers about the purchase. This module specifically supports multiple stores, multiple languages and multiple terminals. The retailer could have a separate payment gateway for each store along with separate terminals.
Blockonomics Bitcoin payments module:
The payments are directed to the bitcoin wallets which are supported by Block-chain.info. With this module in place, retailers can easily accept bitcoins in their website. The whole process does not include any risks or specific approvals.
Start your exploration on the Prestashop modules and steer your retail business to success.