When it comes to choosing the right payments
platform for your business, it is important you do exhaustive research before
making a decision. This is because you don’t want any time lapse or delay when
customers want to pay for services. Interestingly, there are
thousands of payment platforms in Nigeria today that you may be in a limbo on
which to choose. Not to worry, we share some tips.
Be aware
of transactional fee
This is
one of the most important things you must consider before choosing a payment
platform. This is because you don’t want your customers complaining about the
transactional fee for patronizing you. If the fee is outrageous, be rest
assured you will be overwhelmed with complaints and you may lose customers. So,
use a platform that offers customers a favorable transactional fee.
Ensure
most major payment types are accepted
For
e-commerce companies especially, their payment platform must accept all payment
types. No customer’s payment should be rejected because their payment type is
not available. They will go to others business that where their payment type is
accepted.
Hack proof
This is
money we are talking about. You don’t want your customers to lose their hard
earned cash. So, any payment platform you want to choose must be hack proof and
very secure.
Make sure
the Software is Efficient
Payment
platform offers different kind of experiences based on their technology. So, it
must be able to process payment within the snap of your fingers.We urge you not use any platform that takes forever to process.
Inquire
About Payment Turnarounds
Business owners want to
see monies hit their accounts as soon as a transaction is
performed on their website. So, the quicker you receive the money, the faster
transactions are processed and vice-versa. Also, know that the turnaround time
varies between payment services.
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