If you are operating an online business, then it becomes crucial for you to be able to accept payments online securely and easily. To maintain your online business offering your customer a safe, quick, and seamless payment system is a must.

With the right payment gateway, you are attracting customers as you are making it easy for your customers to pay for your product securely and without any hassle.

Not only your customer, but the payment gateway you choose should also satisfy both your business and customers’ requirements.

But in order to choose a better payment solution for your business, first, it is important to understand what is a payment gateway and how it works.


What is a payment gateway?

A payment gateway is a service that authorizes online payments easily.  It has the authority to instantly approve or decline the online payments and also permit the transfer of the funds between the company and the customer. In a simple language, a payment gateway is how you accept your customer payments on your business website

Also read: 7 Reasons Why You Need Khalti as a Payment Gateway for Your Business


Ask about the fee structure

As an entrepreneur or a business owner, it is crucial to understand the complete payment structure of the payment gateway. You should always check if there are any monthly fees and setup fees before making any agreement. If you feel there’s no transparency in the pricing policy of a payment gateway, you should consider choosing a different payment gateway. Your choice depends on your budget and how you expect your business to accomplish. Comparing the price and doing a little research will surely help.


Security and Safety

Always make sure the service provider you are choosing meets all the safety requirements and security standards. On the other hand, your customer’s safety is also equally important, so make sure you are comfortable with your choice. Doing a proper service agreement will enable trust between both parties.


 Good customer support

You have to be sure that the payment gateway you are choosing also provides good customer support. There may be cases where you need to get in touch with your service provider as soon as possible, such as if there is an issue with a customer or delayed payments. You need to know that they’ll be there to help even on Saturdays.


 Compatible business models

It is very important to make sure that your payment is compatible with your business model. Most payment gateway providers have a list of merchants they have on board. It is always a good idea to look there first, study and research. Make sure to check the compatibility before rushing for a final decision.


Consider the time it will take to integrate the gateway

You also need to consider how easy and how much time will it take to integrate the gateway into your website or app. Some gateways are easier to integrate than others. Researching and comparing the available payment gateways will give you some ideas.


Better User Interface and usability

Checking your fees, transactions, and data should be easy and hassle-free. When you check you want to be sorted, easy to look, and have the best possible user experience. Some platforms are better designed than others and are easier to learn.


The reputation of your Payment Gateway

Lastly, the reputation of your payment gateway in the market could also affect your relationship with your prospective consumer.

If you are looking for payment gateway in Nepal, start accepting payments in Nepal online using Khalti. Integrate Khalti Payment Gateway & start accepting payments online using any payment methods – Ebanking, Smart Banking, SCT Cards, Khalti Wallet.