Shift4Shop eCommerce Blog | Digital Payments (2)

The internet truly is a digital frontier, filled with opportunities that just cannot be found offline. This naturally extends to trade, as eCommerce businesses can outfit their online storefronts with all kinds of features for the convenience of their customers. One major example that should be a priority for all internet-based merchants is offering a variety of payment gateways. The more ways they can accept payment, the more customers they can reach and retain.

It’s the end of an era: Google just announced its retiring Google Checkout on November 20^th. Unfortunately for Google enthusiasts, the company hasn't announced any plans to replace the service with a new payment solution for ecommerce websites.

You want lower processing rates. Every merchant wants to feel that they have wrung every last bit of savings that they possibly could out of their processor. Unfortunately, this challenge is harder to complete than may appear. In fact, because of the complexity of merchant industry pricing it’s the case that even after an apparently successfully negotiation you could still be significantly overpaying on your processing fees.

Below is a guest post from Instabill, an online payment processor specializing in high risk merchant accounts.