If you’re looking to build an e-commerce website, you must know that payment gateways are one of the most imperative features of any online e-commerce store. Once you go past the initial stages of getting your customer’s attention with a certain product, convincing them to choose it over your competitors, you arrive at the final stage where your customer actually buys the said product from your site. But in order to do so, your store has to prove itself trustworthy.
Secure and easy payment gateways can help you to develop that trust. According to WooCommerce, setting up a proper payment gateway system not only creates reliability in the minds of the customers but also helps drop the abandoned cart rate significantly.
So, if you want your customer to spend their money on your products, it is important that you to spend some time on deciding which payment gateways you should offer on your online store. There are several options for payment gateways in UAE and it becomes difficult to choose one as you have to see your own convenience as well as your customers’. So, if you’re in a dilemma as to which payment gateways you should choose, let us help you make the decision. We have listed the top 5 payment gateways in the UAE to help you decide.
What is a payment gateway?
A payment gateway can be defined as a merchant service provided by an e-commerce application service provider that processes credit card payments for online and traditional brick and mortar stores. Payment gateways play a crucial role in the e-commerce transaction process, authorizing the payment between merchant and customer.
Top 5 payment gateways of UAE
Pay Fort is an Amazon company and is a regional expert in payment processing technology and solutions across major markets in the GCC and Levant countries, operating in UAE, Egypt, Saudi Arabia, Lebanon, Jordan and Qatar. It is one of the most trusted payment gateways of the UAE.
Telr is a Singapore and Dubai-based emerging market-focused online payment gateway. This full-stack, feature-rich payments solution is highly customizable and allows merchants to accept payments online and through a wide range of alternative payment channels.
PayTabs offers simple and trusted online payment solutions in the Middle East, which include online invoicing for customers who sell through their websites or social media accounts. PayTabs also provides secure e-commerce plugins for re-sellers and online service providers who sell through online stores.
CC Avenue is one of the largest SaaS provider and an emerging global player in payment gateways. It caters to merchants across several industry verticals including online retail, education, hospitality, travel, and event management, amongst others.
CyberSource is an e-commerce payment system management company. One single connection to CyberSource allows a merchant to conduct global business without having to integrate to any local payment providers/methods, which largely improves merchant’s go-to-market speed.