Choosing a Payment Processor for Your Online Store: 8 Essential Factors to Consider

Payment processors facilitate every online transaction. When setting up or expanding your online store, choosing a suitable payment processor is one of your most important payment-related business decisions. However, with so many providers on the market offering different packages, fees, and features, you need to consider these eight essential factors when choosing the best payment processor for your online store. What Is A Payment Processor? A payment processor is a third-party provider that helps retailers accept online payments by managing the transactions between retailers, customers, and financial institutions. Payment processing occurs after a customer has purchased a business’s goods or…...