Several things that you need to pay attention on before setting up an eCommerce website. The foremost thing is to choose the best payment gateway from various payment gateways in Uganda. Because after creating and implementing a shopping basket where users can add products they want to buy, that’s why you require a payment gateway to accept payment and confirm the order.
A payment gateway is a service that manages the intricate and technical process of encryption and verifying the customer’s payment card, and then transmitting the funds from the customer to the merchant. However, the payment gateway works in the backend of the site, and the user will never have to interact with it.
However, instead of that, the user will generally be directed to a checkout page where the merchant can ask for relevant information relating to the customer’s name, address, phone number and other card details. Indubitably, there are many payment services providers for online payments Uganda.
How does a payment gateway function?
The payment gateway will transmit information from the payment portal: a site, mobile phone, or an interactive voice response to the front end processor or the bank. The overview of the procedure is described below.
- When a customer adds his credit information, the customer will click on the next or Place order button.
- This information is safely transmitted from the site to the merchant’s web server via SSL encryption.
- Then this data is transferred to the payment gateway securely.
- The payment gateway work is to forward the data to the payment processor used by the bank, where he has a merchant account.
- However, the payment processor will send the information to a suitable card company like Visa, Mastercard etc. At that time, it will be routed again to the credit card issuing bank. The process or act as an issuing bank for American Express and Discover Card.
- Then a response is sent back to the payment gateway to confirm the transaction was accepted or declined.
- The payment gateway then forwards the response to the website. It takes only 2- 3 to this whole process.
- Once all the amounts are available, the cash will be transferred from the merchant account to a business account.
It is the whole procedure of how the payment gateways in Uganda work. However, this process does not take a lot of time in this entire process. Visit our website for more information