4 Reasons Why You Should Have a Preferred Payment Gateway Partner

Hip companies have learned that by giving their customers multiple payment options – credit cards, debit cards, mobile payments and more – they boost business significantly. So, it must be a good idea to select several different payment gateways for your software too, right? Actually, no.

Partnering with several different gateways can give you a serious headache. Check out four reasons why a single preferred payment gateway partner –a good one – is the way to go.

1. It’s Simple and Effective

Simple solutions often turn out to be the best ones in business. Not only do you have far less stress by dealing with only one payment partnership, but you’re also able to streamline that relationship so it fits your needs perfectly and boosts your brand.

2. You Free Up Time

Analyzing reports gets far more tedious when you have to reconcile accounts against three or four different payment gateways. Having a single payment gateway partner cuts that time down to a third or less.

3. You Offer Better Customer Service

Customer complaints, attempted credit card fraud and other concerns are common in business. With one all-inclusive payment gateway, keeping your customers happy and safe is easier because you know exactly who is involved in the payments life cycle.

4. Your Development Staff Functions More Efficiently

The method each payment gateway uses to interface with your software is different. That can be a nightmare for programmers and developers, requiring excessive hours and development road map space to maintain multiple payment gateways.

Use an Integrated Payments Partner That Covers All Your Needs

A common reason businesses try to juggle multiple gateways is because they can’t find one that does everything they want. With Paragon Payment Solutions, that’s not a problem. We have the tools you need:

• REST and SOAP API interfaces
• Tokenization for card-on-file and recurring payments
• Hosted payments
• Mobile SDK
• Point-to-point encryption
• EMV

Let our payment experts work with you to develop solutions that fit your software.  Contact us to find out about other awesome financial benefits of making us your preferred payment gateway partner.

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!