eCommerce has gained massive popularity over the past few years and so have digital payments. If you plan on integrating digital payments with your store, it’s vital that you’re looking at the square payment plugin.
Here, we’ll provide you with everything you need to know about the Square payment getway from benefits to its role, how it works and more.
The role of the payment gateway
Why exactly do you need a payment gateway? Simply, a payment gateway allows for the encryption of sensitive data. This helps with not just limiting financial threats, but also keeping you secure from any insufficient balances, cancelled accounts, fraudulent transactions and more.
With breaches being so common nowadays, it’s important that you’re implementing the necessary safety solutions for you and your customer’s safety. To ensure that, you’ll need to incorporate multiple protection layers.
How does the square payment gateway work?
With the square payment gateway, it allows for square payments from WooCommerce. With that, WooCommerce businesses can receive card payments through a secure channel. In addition, the square payment gateway also minimises transaction fees and offers services such as software and point-of-sale services.
Benefits of square payment gateway
So, what are the benefits of the square payment gateway? Here are its advantages:
- Operates 24/7
With a payment gateway, you can ensure that your store always remains operational; – even if you aren’t online. At the same time, you also won’t need to worry about when you’re getting paid and dealing with payments – which is always a nice bonus.
- Works globally
What’s great about the square payment getaway is the fact that customers worldwide are able to use it with no problems at all. With international buyers will not having an issue, you’ll be able to improve your overall global presence and ROI.
A vital component to integrating the square payment gateway is the fact that it helps with security. When it comes to having an eCommerce store, the last thing you’d want is to deal with fraudulent transactions. By having a payment gateway, you won’t have to worry about credit card fraud.
In addition, a payment gateway also helps with buyer authentication so you can be assured that the funds are transferred safely to your account.
Incorporating square payment gateway
As seen from the above, there are a plethora of benefits to incorporating a square payment gateway. Not only does it help ensure that money is safely transferred to your account, but you also won’t have to worry about dealing with any credit card fraud. In addition, it’s also easy to setup and is an effective payment gateway solution.
In this technological age, it’s vital that you’re providing customers with a seamless buying process – especially when it comes to payment. As eCommerce businesses grow in popularity, the integration of payment gateways for online shops is now a vital component to success.