Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,486 members, 7,954,866 topics. Date: Saturday, 21 September 2024 at 11:14 AM |
Nairaland Forum / Science/Technology / Webmasters / What Are The Pros And Cons Of Using An Online Payment Gateway (10907 Views)
Siteground Web Hosting Review 2021: The Pros And Cons (+discount Code) / Benefits Of Using Nigeria’s Domain Name, .ng / Advantages & Disadvantages Of Using Free Blogging Platform (2) (3) (4)
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by ajiifixing(m): 8:42am On Jan 24, 2017 |
Interswitch- Setup fee (N150,000) transaction fee: 1.5% Customer service : difficult to reach GT: - Setup fee (N75,000) transaction fee : 1.5% Customer service : usual GT style- queue and delays Voguepay- Setup (Free) Transaction fee: 3-5% Customer service good but not available nationwide Stanbic IBTC Bluepay setup fee (N50,000) Transaction fee :1.5% Customer service :Good and available nationwide as they have zonal staff on web payment. The choice is yours. why pay higher transaction fee for life. I will rather go with Stanbic on this. 1 Like |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by yomalex(m): 8:47am On Jan 24, 2017 |
Voguepay is bae I use on my bulk sms portal www.domesms.com and other sites, they just reduced their fees few days ago. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by gametalk: 9:02am On Jan 24, 2017 |
Visit their website or call them to know more. And do your analysis |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Tjiaz(m): 9:56am On Jan 24, 2017 |
I use quickteller even though they fail me sometimes. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by ericksen(m): 10:00am On Jan 24, 2017 |
Hello ajiifixing, My name is Eric and I am a Business Development Officer at VoguePay. I would really like to know what your business requirements are so that I can tailor our services to your business needs. At VoguePay we preach convenience and as such we have one of the best pricing model in the country compared to our competitors. You can contact me at eric.anidiobi@voguepay.com or call me at 08037190902 (Please reference Nairaland, so that I will know that it is you). We look forward to having a remarkable business partnership with you. Cheers! |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by omoskenso(m): 10:06am On Jan 24, 2017 |
danjumakolo:Please i wanna undastand dis properly....must it be tied 2 a Dom acct?, wen i hovered round PayPal on Ebay it said i shud input d digits on my Mastercard bt its not a current or dom acct jt nor savings. Pls wud it work frm my normal savings after inputting Mastercard digits? Thanks n anticipating ur reply |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Lincolnn2: 10:11am On Jan 24, 2017 |
Obinnau:please o. Help me out here. I'm having difficulty opening a PayPal account. How were you able to open yours? |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by slapandfall(m): 11:44am On Jan 24, 2017 |
ffo: Unified Payments is really good. I have used them alot. Integration with them takes less than 10mins. https://cipa.unifiedpaymentsnigeria.com/ |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Insightz(m): 12:20pm On Jan 24, 2017 |
IkpemhiTG Are you looking for the best payment gateway or the pros/cons of using a payment gateway (according to your post) I cant advise you on the best payment processors to use. However, I can guide i determining the the best possible option based on your needs: How big is your online business? Do you have a large base? If yes, you could integrate a payment processor. The advantage of this is that it it is easy on the customer. On the other hand, it is not a guarantee that they would prefer the online payment option. (I will come to this later) If you are a starter, if your customer base is not large enough, it may be unwise to start with online payment processors. Why? Well, it me be counter productive since you may have to pay your processors based on the percentage of sales. After the percentage split, the margin may be too little to justify the use of the online processor. The alternative here is for you to secure a delivery deal with EMS or DHL) depending on your frequency of shipments) for a Pay on Delivery. Now, this is cheaper, much secure alternative in my opinion. Paypal is also another option. However, charge backs are a major problem with paypa. and they will side with the customer in 90 percent of the cases. Pros and cons of an online payment gateway? .not cheap. Most gateways have hidden costs anyway. The most expensive is possibly interswtich. You need to clarify this before signing up. .they charge per percentage. Now consider this if you will not be making a lot of sales .be careful of fraud. the problem with online gateways is that once in a while, a fraudulent transaction may get approved. Who bears the costs? some gateways actually charge a fee! .charge backs. charge backs are horrible. this is the problem associated with fraudulent transactions. some processors would take the percentage for the transaction and still fault you for the fraudulent transaction. .can go offline. frustrating in the middle of transactions .the conundrum of secured transactions versus insecure transactions (verified by visa/master card secure). most customers want to just pay without the hassles of inputting security codes. customers hate it, merchants love it. This has been shown to drive away customers/drive down sales. .refunds problems, etc, etc, etc My suggestions: start with something simple not is not too expensive |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Obinnau(m): 12:38pm On Jan 24, 2017 |
Lincolnn2:i use Google Chrome on Android to register it. can you explain the hitches you are encountering please |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Divinerace(m): 12:49pm On Jan 24, 2017 |
Nehemiah459:can i fund my bet9ja account with voguepay? if yes, how? |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Smart101: 3:26pm On Jan 24, 2017 |
ITbomb: It recently noticed that transactions on VoguePay no longer redirect to WebPay. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Smart101: 3:28pm On Jan 24, 2017 |
Divinerace:The only way it is possible is if Bet9Ja uses VoguePay as one of the payment gateways. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Nobody: 8:58pm On Jan 24, 2017 |
omoskenso: Once its a sav,current etc,you can make payment. Not until last three months,you can always use master card(tied to naira or dollar acct) to make payments..The Nigerian banks stopped all cards linked to naira acct from being used on the international shopping sites 3-4 months back due to scarcity of fx.But I learnt some banks still allows it.If your bank does not allow it,then u must open a dom acct and get a card linked to it.This will allow u use the card on net. Note that eBay,ali express,alibaba and other sites allow u to use your card directly by inputing card no,Security,expiry date etc or by using a PayPal link on this sites. You need to set up your paypal acct to use the paypal feature on above sites.This u do by linking your card to your paypal acct.Linking involves putting your personal and card details in the required fields on PayPal site. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by omoskenso(m): 12:05am On Jan 25, 2017 |
danjumakolo:Very enlighten....thanks a lot 4 ur time n energy,rilly appreciate. God bless you 1 Like |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Lincolnn2: 7:28am On Jan 25, 2017 |
Obinnau:first,i use opera mini and on the registration page, I was asked my email and password, but they refused to accept my details and direct me on to the next step. I assume the opera mini might be the problem. So I tried Uc browser. It gave me a comprehensive registration page, but I was refused permission to go beyond the 2nd step. I couldn't complete registration on either browser. So I gave up. |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Obinnau(m): 2:06pm On Jan 25, 2017 |
Lincolnn2:Ensure that you enter in your correct card details and that there is a minimum of 500 naira in the bank account plus that you haven't done any international transactions exceeding 100 $ for the month |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Obinnau(m): 2:08pm On Jan 25, 2017 |
Lincolnn2:Use opera mini with the extreme mode turned off for a better experience or better still use Google Chrome on Android |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by IkpemhiTG(m): 3:35pm On Jan 25, 2017 |
hmmmm so much to learn ooo.Well am actually building a website and I just need the best online payment service I can integrate into it.So far so good voguepay is creeping into my mind but my colleagues still thinks remita is d best in teems of affordability though.Thanks to u all |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Rhiya: 11:15pm On Oct 11, 2017 |
Please what other good payment gateway can you recommend...that doesn't require merchant to submit a certificate of incorporation before they can be approved ...thanks Startup friendly payment gateway please |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by brianromel(m): 10:40pm On Nov 25, 2017 |
Rhiya: i use vogue pay for my site, initially when i registered i was asked to upload my letter of incorporation for the business, but later found out that you can just register as a business name(any business name you like) for N2,500. This does not require a letter of incorporation, CAC registeration. just the name of your business(online johnny money Nig), your business address and phone number, plus the N2,500 for business verification. Although i wish they would hurry up and start accepting btc(bitcoin) |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by Rhiya: 2:19pm On Mar 18, 2018 |
brianromel: Please how did you go about the registration....I need some hints as I'm ready to register mine |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by tuhamworld: 2:14am On Mar 19, 2018 |
Obinnau: You want to make payment on a website or send money? |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by tuhamworld: 2:15am On Mar 19, 2018 |
Lincolnn2: Hope you know NIgerian Paypal account can only make payment and not receive? |
Re: What Are The Pros And Cons Of Using An Online Payment Gateway by lonimi22(f): 8:37pm On Mar 19, 2018 |
voguepay is the right solution, with voguepay you can accept payments both locally and internationally, even if you do not have a registered business, signup on https://voguepay.com/8407-0055146 or call 09083686945 for further enquiries Please how did you go about the registration....I need some hints as I'm ready to register mine[/quote] |
Is It Good To Buy Traffic / Blocked By Mypsace, Facebook, Twitter, Aol? Bypass Proxy Server! / Top 5 Things I Wish I Knew Before I Started Blogging
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47 |