E-commerce in the UAE remains popular. During the initial stages of COVID 19 most businesses adapted their operations to include e-commerce facilities. From 2019 to date, we continue to see a steady increase in the UAE e-commerce space. During this period, we have seen a significant rise in the number of e-commerce license types in the UAE for Dubai business setup.
With the advent of e-commerce, online payments have become a routine affair. Online payments are the easiest form for making payments and enabling customers to buy products and services from all over the world without stepping out from the comfort of their home or place of work. Not only is using a payment gateway a convenient way to make purchases, but payments are made swiftly with the click of a few buttons. The biggest advantage for businesses that use a payment gateway, is it can help sellers have a far greater market reach as they are no longer restricted to their physical stores, offices, and business facilities. E-commerce platforms provide the facility of online payments by using a payment gateway.
This article examines, what is a payment gateway, how does the payment gateway process work, is it safe to make payments via payment gateway, how to select suitable payment gateway provider and what are the factors to be considered while using a payment gateway provider.