What is an e-commerce payment gateway service?

E-commerce payment gateway; anybody can easily get from its name that it is the payment gateway used by e-commerce merchants for cashless payments. It is for those who don’t know that e-commerce is a high-risk business category that needs a high-risk merchant account. The Netherlands is one of the top European countries with the most internet users, So it is not surprising at all that it is the 17th largest e-commerce market in the world with a predicted revenue of US$30,585.8 million in 2023. A market full of customers that’s all a business wants and the Netherlands has it in the e-commerce sector. So let’s now shift our focus from the Dutch market to our article topic.

What is an e-commerce payment gateway, and how is it different from other payment gateways?

As we have mentioned above, it is a payment gateway for the e-commerce business, and that’s all. It does not have anything different from other payment gateways. It is a payment gateway that is used for a high-risk merchant account, so it is obvious that it is a high-risk gateway. A global payment gateway and an international merchant account are the same high-risk gateway and merchant account but are known by different names because of the business’ global nature. In simpler words, it is a high-risk payment gateway for the e-commerce industry.

Features that an e-commerce payment gateway must have

• As a payment gateway solution for the e-commerce industry, a payment gateway has to act like a global payment gateway. The meaning to say this is that an e-commerce gateway has to accept various currencies from different countries and payment methods like credit cards, payment apps, net banking, etc.
• Being multilingual is very important because if one can’t even read, how can one purchase and pay?
• Frauds are pretty easy to commit while making online payments, so it is up to the payment gateway provider to have tools like geolocation, a fraud score checker, a CVV checker, etc.
• In online payments, the authentication of the payment has to be accurate; otherwise, it will mess up the process. This is why a high-risk merchant account must have 3 Domain security for secure and accurate transactions.
• In the present era, some people are always looking for others’ personal information or data to get benefit from it. To avoid this, a global payment gateway must-have features like tokenization and point-to-point encryption.
• ⦁ An international merchant account is used to get online payments across the entire world, and for that, it transmits a lot of data. As proof that a payment gateway can handle it and keep it safe, the payment gateway must have PCI DSS certification.
• Along with the above-mentioned qualities, an international merchant account or payment gateway must have a seamless integration process, 24×7 customer support, and 24×7 live reporting functions for the merchant’s convenience.

Why does an e-commerce payment gateway have more significance in the context of the Dutch e-commerce market?

The Netherlands is not just one of the biggest markets in Europe but is also among the big guns of the world. To know about the significance of the e-commerce payment gateway in the Dutch context, first, you have to have an overview of the Dutch e-commerce market.

An overview of the Dutch e-commerce market

It is the 17th largest e-commerce market with an estimated revenue of US$30,585.8 million this year, and it is predicted to grow at a CAGR (compound annual growth rate) of 9.2% between 2023 and 2027, resulting in a market of US$43,533.9 million by 2027.

The big five of the Dutch e-commerce market are fashion, food & personal care, electronics & media, furniture & appliances, and Toys, Hobby & DIY. Where fashion accounts for 32.8% of the Dutch eCommerce revenue, food & personal care for 20.1%, electronics & media for 17.2%, furniture & Appliances for 17.1%, and toys, hobby & DIY for the remaining 12.9%.

The Netherlands is a country of 17 million people, of whom 97% are internet users. You can get a quick idea about the popularisation of online shopping in the Netherlands, where 14.1 million shoppers spent over $36 billion on 373 million online purchases in 2021 and nearly 70% of Dutch online shoppers like to pay with iDeal, a local online payment method. Through these numbers, an e-commerce merchant can easily understand the significance of an e-commerce payment gateway for the merchant and users.

Webpays offerings in the e-commerce payment gateway

As an e-commerce payment gateway provider, Webpays offers merchants a tremendous international payment gateway that has all the features and functions that an ideal high-risk payment gateway has, like fraud detection tools, payment authentication functions, and live reporting for a merchant’s convenience, accepting any kind of payment method for a user’s comfort, and a large bank network for fast and uninterrupted payments for both the merchant’s and the customer’s benefit. As an e-commerce payment gateway provider, Webpays offers these tremendous services and features.

If you are an e-commerce merchant in the Netherlands, then it does not matter if you are operating within the country’s boundaries or not; Webpays will always be one of the best payment gateway providers for you.Just click here to get an e-commerce merchant account right now.

E-commerce payment gateway; anybody can easily get from its name that it is the payment gateway used by e-commerce merchants for cashless payments. It is for those who don’t know that e-commerce is a high-risk business category that needs a high-risk merchant account. The Netherlands is one of the top European countries with the most internet users, So it is not surprising at all that it is the 17th largest e-commerce market in the world with a predicted revenue of US$30,585.8 million in 2023. A market full of customers that’s all a business wants and the Netherlands has it in the e-commerce sector. So let’s now shift our focus from the Dutch market to our article topic.

What is an e-commerce payment gateway, and how is it different from other payment gateways?

As we have mentioned above, it is a payment gateway for the e-commerce business, and that’s all. It does not have anything different from other payment gateways. It is a payment gateway that is used for a high-risk merchant account, so it is obvious that it is a high-risk gateway. A global payment gateway and an international merchant account are the same high-risk gateway and merchant account but are known by different names because of the business’ global nature. In simpler words, it is a high-risk payment gateway for the e-commerce industry.

Features that an e-commerce payment gateway must have

• As a payment gateway solution for the e-commerce industry, a payment gateway has to act like a global payment gateway. The meaning to say this is that an e-commerce gateway has to accept various currencies from different countries and payment methods like credit cards, payment apps, net banking, etc.
• Being multilingual is very important because if one can’t even read, how can one purchase and pay?
• Frauds are pretty easy to commit while making online payments, so it is up to the payment gateway provider to have tools like geolocation, a fraud score checker, a CVV checker, etc.
• In online payments, the authentication of the payment has to be accurate; otherwise, it will mess up the process. This is why a high-risk merchant account must have 3 Domain security for secure and accurate transactions.
• In the present era, some people are always looking for others’ personal information or data to get benefit from it. To avoid this, a global payment gateway must-have features like tokenization and point-to-point encryption.
• ⦁ An international merchant account is used to get online payments across the entire world, and for that, it transmits a lot of data. As proof that a payment gateway can handle it and keep it safe, the payment gateway must have PCI DSS certification.
• Along with the above-mentioned qualities, an international merchant account or payment gateway must have a seamless integration process, 24×7 customer support, and 24×7 live reporting functions for the merchant’s convenience.

Why does an e-commerce payment gateway have more significance in the context of the Dutch e-commerce market?

The Netherlands is not just one of the biggest markets in Europe but is also among the big guns of the world. To know about the significance of the e-commerce payment gateway in the Dutch context, first, you have to have an overview of the Dutch e-commerce market.

An overview of the Dutch e-commerce market

It is the 17th largest e-commerce market with an estimated revenue of US$30,585.8 million this year, and it is predicted to grow at a CAGR (compound annual growth rate) of 9.2% between 2023 and 2027, resulting in a market of US$43,533.9 million by 2027.

The big five of the Dutch e-commerce market are fashion, food & personal care, electronics & media, furniture & appliances, and Toys, Hobby & DIY. Where fashion accounts for 32.8% of the Dutch eCommerce revenue, food & personal care for 20.1%, electronics & media for 17.2%, furniture & Appliances for 17.1%, and toys, hobby & DIY for the remaining 12.9%.

The Netherlands is a country of 17 million people, of whom 97% are internet users. You can get a quick idea about the popularisation of online shopping in the Netherlands, where 14.1 million shoppers spent over $36 billion on 373 million online purchases in 2021 and nearly 70% of Dutch online shoppers like to pay with iDeal, a local online payment method. Through these numbers, an e-commerce merchant can easily understand the significance of an e-commerce payment gateway for the merchant and users.

Webpays offerings in the e-commerce payment gateway

As an e-commerce payment gateway provider, Webpays offers merchants a tremendous international payment gateway that has all the features and functions that an ideal high-risk payment gateway has, like fraud detection tools, payment authentication functions, and live reporting for a merchant’s convenience, accepting any kind of payment method for a user’s comfort, and a large bank network for fast and uninterrupted payments for both the merchant’s and the customer’s benefit. As an e-commerce payment gateway provider, Webpays offers these tremendous services and features.

If you are an e-commerce merchant in the Netherlands, then it does not matter if you are operating within the country’s boundaries or not; Webpays will always be one of the best payment gateway providers for you.Just click here to get an e-commerce merchant account right now.

E-commerce payment gateway; anybody can easily get from its name that it is the payment gateway used by e-commerce merchants for cashless payments. It is for those who don’t know that e-commerce is a high-risk business category that needs a high-risk merchant account. The Netherlands is one of the top European countries with the most internet users, So it is not surprising at all that it is the 17th largest e-commerce market in the world with a predicted revenue of US$30,585.8 million in 2023. A market full of customers that’s all a business wants and the Netherlands has it in the e-commerce sector. So let’s now shift our focus from the Dutch market to our article topic.

What is an e-commerce payment gateway, and how is it different from other payment gateways?

As we have mentioned above, it is a payment gateway for the e-commerce business, and that’s all. It does not have anything different from other payment gateways. It is a payment gateway that is used for a high-risk merchant account, so it is obvious that it is a high-risk gateway. A global payment gateway and an international merchant account are the same high-risk gateway and merchant account but are known by different names because of the business’ global nature. In simpler words, it is a high-risk payment gateway for the e-commerce industry.

Features that an e-commerce payment gateway must have

• As a payment gateway solution for the e-commerce industry, a payment gateway has to act like a global payment gateway. The meaning to say this is that an e-commerce gateway has to accept various currencies from different countries and payment methods like credit cards, payment apps, net banking, etc.
• Being multilingual is very important because if one can’t even read, how can one purchase and pay?
• Frauds are pretty easy to commit while making online payments, so it is up to the payment gateway provider to have tools like geolocation, a fraud score checker, a CVV checker, etc.
• In online payments, the authentication of the payment has to be accurate; otherwise, it will mess up the process. This is why a high-risk merchant account must have 3 Domain security for secure and accurate transactions.
• In the present era, some people are always looking for others’ personal information or data to get benefit from it. To avoid this, a global payment gateway must-have features like tokenization and point-to-point encryption.
• ⦁ An international merchant account is used to get online payments across the entire world, and for that, it transmits a lot of data. As proof that a payment gateway can handle it and keep it safe, the payment gateway must have PCI DSS certification.
• Along with the above-mentioned qualities, an international merchant account or payment gateway must have a seamless integration process, 24×7 customer support, and 24×7 live reporting functions for the merchant’s convenience.

Why does an e-commerce payment gateway have more significance in the context of the Dutch e-commerce market?

The Netherlands is not just one of the biggest markets in Europe but is also among the big guns of the world. To know about the significance of the e-commerce payment gateway in the Dutch context, first, you have to have an overview of the Dutch e-commerce market.

An overview of the Dutch e-commerce market

It is the 17th largest e-commerce market with an estimated revenue of US$30,585.8 million this year, and it is predicted to grow at a CAGR (compound annual growth rate) of 9.2% between 2023 and 2027, resulting in a market of US$43,533.9 million by 2027.

The big five of the Dutch e-commerce market are fashion, food & personal care, electronics & media, furniture & appliances, and Toys, Hobby & DIY. Where fashion accounts for 32.8% of the Dutch eCommerce revenue, food & personal care for 20.1%, electronics & media for 17.2%, furniture & Appliances for 17.1%, and toys, hobby & DIY for the remaining 12.9%.

The Netherlands is a country of 17 million people, of whom 97% are internet users. You can get a quick idea about the popularisation of online shopping in the Netherlands, where 14.1 million shoppers spent over $36 billion on 373 million online purchases in 2021 and nearly 70% of Dutch online shoppers like to pay with iDeal, a local online payment method. Through these numbers, an e-commerce merchant can easily understand the significance of an e-commerce payment gateway for the merchant and users.

Webpays offerings in the e-commerce payment gateway

As an e-commerce payment gateway provider, Webpays offers merchants a tremendous international payment gateway that has all the features and functions that an ideal high-risk payment gateway has, like fraud detection tools, payment authentication functions, and live reporting for a merchant’s convenience, accepting any kind of payment method for a user’s comfort, and a large bank network for fast and uninterrupted payments for both the merchant’s and the customer’s benefit. As an e-commerce payment gateway provider, Webpays offers these tremendous services and features.

If you are an e-commerce merchant in the Netherlands, then it does not matter if you are operating within the country’s boundaries or not; Webpays will always be one of the best payment gateway providers for you.Just click here to get an e-commerce merchant account right now.