Search For Best Payment Gateways in India Ends With Advanced Solutions From EBS
Ecommerce is gaining popularity at a rapid rate in India. The ease of access to internet and the increased use of cashless alternate online payment systems has been some of the major factors behind it. Increasing competition in the ecommerce industry has also resulted in the rise in demand for efficient and secure payment gateways in India.
According to a report by Statista, there are over 460 million internet users in India, out of which around 44% are online shoppers. The retail ecommerce annual sales for 2016 were around $16 billion, which the report estimated to rise to over $45 billion by 2021.
Increased credit card use in India
The rise in internet usage and online shopping has also resulted in the significant use of alternate cashless payment methods, mainly credit cards and online payment services. According to data from RBI (Reserve Bank of India), there were nearly 25 million credit cards in India in 2016. Since March of 2015 an additional 380,000 new credit cards were also issued till March 2016. This clearly shows a trend of increased credit card usage in India.
Leading companies, such as EBS (Part of Ingenico Group) are renowned providers of advanced payment gateways in India and have helped small and large ecommerce businesses to improve customer experience on their ecommerce websites and have better revenue as its result.
Points to remember before selecting the ideal payment gateways provider in India
These are a few simple points that decide the best and most ideally-suited online payment gateway services for your individual ecommerce website:
A customer needs to have a seamless transfer experience from the core ecommerce website to the payment gateway on it. EBS offers completely customized payment gateways in India for merchants. The payment page can be easily designed to suit the website’s original theme and feel.
The payment gateway services should be optimized for all universally popular internet devices. EBS payment services are designed to be used on desktops, laptops, tablets, mobile smartphones, etc with equal efficiency.
One of the most popular online payment methods is through online credit card payments. This is becoming one of the most popular techniques amongst Indian consumers as well hence there is an urgent need to have an ideal credit card processing system on the ecommerce website. EBS offers the best visa payment gateway services that allow online merchants to accept payment from credit cards.
These services and features are some of the major factors that influence the growth rate and revenue of any ecommerce website.