We all know what a payment gateway is and we are well versed with the fact that these are for businesses that carries abundance of risk with them. And your eCommerce business do not get approved easily so if you are looking for a payment service provider then get this out of your head that anyone could let you process without charging any fees or a FREE PAYMENT GATEWAY.
Being a MERCHANT ACQUIRING SPECIALIST on ClickZep. I would like you to disregard with any fact that says this payment gateway provide you a Free Payment Gateway and let you process free over its plat form. I mean we are all business here and not a charitable institute that will offer free services on the name of god. Nowadays, even charitable trust also charge for their services. Let get straight to the point that there is no payment gateway that offers you to free processing on their gateway.
Whilst there are many service providers out there that promise to net charge any upfront fee or no initial set up fee off course they provide these service’s but the charge higher on their other fees like:
- TDR
- CHARGEBACK
- INTEGRATION
- PROCESSING FEES etc.
Let’s be clear to on board a business it takes a lot as there are lot of players that that are working in the background to get your business approval by an acquirer bank and let you process on the platform. And thus providing this awesome convenience for free is never be a possibility. Its my experience from the businesses we on-board Those who promise no fees will charge rates anytime they want to. Our client often inform us that their previous processors didn’t keep the same rates as it is listed on their website.at the time of sales the client was given a rate that change with higher when it’s time to get on boarded. And then they hold the settlement till the rates were raised again. More over them would not even communicate with the clients.
I understand that you need a low cost payment gateway but there’s nothing like free payment gateway. As the processing fees totally levied on the transactions your approval from the acquiring bank which is difficult considering the risk of your business.
We at ClickZep could offer you low charges or you could opt for our local payments ’along with our other services but it’s our deed that we do not charge anything extra and hence maintain full transparency with our merchants.