What factors are important to decide on a payment system for your online business?

[Kross]

When it comes to online businesses, one of the dilemmas faced is putting in place an appropriate payment system. And there should be certain factors to be considered before implementation of a payment system for your online business. What are those factors to be considered to decide a payment system for online business?

 

[Nomad]

Is it available to your customers? Is it available to you? These are the most important factors to consider while using payment gateway.

 

[Springtime]

You should consider the popularity of the payment system, the fees the system charges.

 

[Augusta]

You need to adopt payment system that's is readily available to everyone and it should come at a lesser fees

 

[eLdavis]

Some of the factor you need to consider is your target audience, what payment methods would be accessable to them or easy to make use of.