Choose Beyond The Basic Services

1. Choose Beyond The Basic Services

2. Among the thriving markets, the Southeast Asian markets have always led the race. Thus, with changing times, merchants need to look beyond basic online payment services to choose an optimum payment service provider.

3. A variety of payment solutions

4. To create a hassle-free transaction procedure, companies that offer online payment services don’t restrict themselves to the card and bank transfers anymore. They now provide other options such as mobile payment solutions that allow cashless transactions without too many clicks! These options provide a feasible transaction process via QR Code scanning or simply linking it to your bank. 

5. Providers with access to SEA online payment solutions such as those in Hong Kong have options that enable transactions to be settled in the native currency itself. Merchants who have an overseas market base require an expert technical support team equipped with multiple languages to swiftly solve issues arising in any of these processes.

6. Increased profits and minimized costs

7. For merchants intending to expand into the Southeast Asian market, there are certain online payment services that strategically maximize profits and reduce costs. These payment service providers furnish solutions such as eWallets, QR Codes, online banking, and virtual accounts that boost the profits earned by merchants and reduce the exchange currency costs. In case merchants have queries or detect errors in the transaction process, they can use the 24/7 customer service facility.

8. One-stop payment and lending policies

9. Some online payment services also include policies that are specifically beneficial for start-ups and small businesses. These include time-barred access to interest-free financing and chances to win cash back rewards and air miles. Providers partner with lending firms that are teamed up with multiple card options to lend an estimated amount to small businesses.

10. It encourages business owners to pay expenses to anyone across the globe. Not only are merchants unburdened from instant transfers, but they can also avail of favorable pricing from suppliers. Providers who offer services that make use of artificial intelligence and advanced payment solutions can give your business an extra edge! They also devise tools to increase traffic, and this is especially essential for SMEs.

11. Security and risk management

12. Among various other online payment services, providers with the most secure transaction processes are your best choice. Those who have complied with PSI DSS guidelines and have client-encryption options are more secure. Merchants should also look out for services such as fraud check mechanisms available in the payment gateway.

13. Risk management is another option that only a few service providers possess. Next-generation technology helps to monitor market risks and furnish tools that prevent the merchant from incurring losses. These services are not offered by every provider; therefore, merchants need to evaluate different options before choosing an ideal service provider who can provide exemplary services.

14. Thank You