Integrated Payment Gateway FAQs
What Is an Integrated Payment Gateway?
As a software provider you may not realize the importance that integrated payments brings to your software. See why your integrated payment gateway is more than just a feature in your application. For software developers working to develop all-in-one business management software, there is a lot of choice in the marketplace when it comes to integrated payment gateway providers.
An integrated payment gateway is a feature that lives within your software application. Rather than redirecting end users offsite to a third party website or stand-alone terminal to accept credit card payments, a payment gateway API allows your customers to process payment transactions using your software. This allows for a seamless experience for your clients and their customers.
From the user’s perspective, they merely click on a “purchase” button and proceed to a page in your software where they enter the necessary information to complete the transaction. All financial details are sent using point-to-point encryption (P2PE) to the payment gateway, which then handles confirmation, payment approval, funds transfer and transaction settlement automatically.
To put this experience into real world terms, imagine the difference between a customer driving to their bank to withdraw cash and make payments versus simply handling the entire transaction right at the store checkout. One method is easier, faster and better for both merchant and customer. Integrated payment gateways provide that kind of convenience.
What Are the Advantages of Using an Integrated Payment Gateway?
- Better branding: End users are totally immersed in your software, making it a seamless experience for your customers.
- Custom client solutions: With an integrated payment gateway interface, you have total control over front-end options, creating an attractive purchasing experience that meets customer requirements.
Partner With Paragon Payment Solutions
At Paragon Payment Solutions, we make integrated payments very easy for software providers and developers thanks to a complete toolkit featuring our REST API and mobile SDK. Our comprehensive developer tools cover all bases and minimize the time and work required for your projects. To learn more, we invite you to create a test account.
Ready to see our API or open a test account? Looking for more information on our Partner Programs? Are you a merchant with a question? We are here to help!