Payment Gateways are online credit card
validation and processing system that allows vendors
to sell their products and services online. Silicon
House has helped hundreds of businesses to accept
payments online. Silicon House is the only
organization in India to offer payment gateways with
the lowest transaction rate [ Rate charged per
transaction made online ]. Our aim is to provide
Payment Gateways at the lowest possible cost so that
Small and Medium Businesses can harness the full
potential of Internet.
Why go for a Payment Gateway ?
Payment Gateways are very handy in completing a sale
online. For instance, there are many items such as
gifts, electronic gadgets, software etc which are
purchased online. The whole activity of online sales
ends with payment processing using Payment Gateways.
Payment Gateway also indirectly serve as means of
Validity of a company, Makes impulsive buying
possible, Allows clients to use their card and use
their credit period.
Acquiring the payment is the most significant
process in a e-business. Without this an enquiry is
not converted into an order. Typically a Payment
Gateway involves Customer, Vendor, Issuing Bank and
Acquiring Bank and the Card Service Provider.
Above all, it shortens the duration for making
payment for a client as well as realization of
payment by the vendor.
Our Expertise in hosting can make your payment
gateway up and running within few minutes from
approval. That's why payment gateway implementation
with Silicon House takes 75% lesser time than what
others promise. What are your waiting for ? Sign up
for our payment gateway services and start accepting
major credit cards for your website.
Types of Payment Gateways
There are three financial components in a Payment
Gateway.
1. Set Up Fee [ Usually one time fee ]
2. Annual Maintenance Fee
3. Per Transaction Fee
Payment Gateways in general can be classified as
follows;
a, Dedicated Payment Gateways
b, Shared Payment Gateways
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Dedicated Payment Gateways: This type of
payment gateways are directly issued to the vendor.
Usually the per transaction fee will be lowest for
this payment gateways. Billing is done in the Vendor
Name Itself. Hosting environment needs to be setup
specially for running sites with Dedicated Payment
Gateways. This consists of Economy and Premium
Packages.
Shared Payment Gateways: This type of payment
gateways are issued as a third party payment
processing to the vendor. The per transaction fee is
very high when compared to Dedicated Payment
Gateways. Billing is not done in the vendor name.
Hosting environment does not require any special
environment setting to be done. This consists of
Economy and Premium Packages. |
