eCommerce industry’s revolution changed the course of every consumer. It brought out numerous names in the industry. However, if an eCommerce business wants to expand the territory and business, they need to get the revenue going. You need the best Online Payment Gateway for your eCommerce business.
Be that as it may, there are specific parameters a payment gateway provider chooses for your business to be taken into account. In other words, they will check if your business is suitable to provide a payment processing channel or not. However, getting a payment gateway will shift your business’s flow to a different level.
A comprehensive comparison between Amald and 2Checkout
Integration
The integration capabilities of a payment gateway provider determine the company’s ease of access.
2Checkout
Their Payment Gateway is entirely API-driven that allows you to seamlessly onboard the payment gateway to your website. It is a simple process that makes your payment processing easy.
Moreover, 2Checkout uses SDK for Mobile Application integration. Furthermore, they have multiple Shopping cart plugins for your business. Advanced development and ease of use make them unique.
Amald
Amald offers Hosted, Non-Hosted, Self-Hosted Payment Gateway with various ready-to-use plugins for your business. Amald gives options for the integration of eCommerce Payment Gateway.
You can use API for websites, SDKs for mobile applications, and HPP for Hosted Payment Gateway to redirect the consumers to the PSP’s page. Moreover, major third-party Shopping Carts are supported for your eCommerce business.
Security
Entrusting the security of payments to a 3rd-Party Payment Gateway is an enormous step. Therefore, you need to make sure the service providers offer the best security protocols for your business.
2Checkout
Starting with PCI Compliance Level 1, they have 3D Secure Payment Gateway that provides the best security ecosystem within the channel.
Moreover, they have Fraud Prevention tools to put a stop to scammers and fraudsters. It significantly boosts your eCommerce business’s optimal security.
Amald
On the other hand, Amald has a PCI Compliance level with 3D Security as well. However, Amald adds Fraud Prevention and Chargeback Protection to your business.
It allows Amald to prevent fraudulent activities and saves your business from chargebacks. They have complete chargeback protection, i.e., they cover the cost of the chargeback. It will enable your business to function without any fear of fraud or chargebacks fully.
Merchant Assistance and Support
A PSP’s assistance and support team tell a lot about the service provider’s reach and operability.
2Checkout
They have strong 24 x 7 technical support and multiple resources for merchant knowledge. It boosts a merchant’s morale knowing that there is a technical support team behind the PSP.
However, 2Checkout misses out on Complete Merchant Assistance. They have firm support after your website is integrated with the online payment gateway.
Amald
Amald, in comparison to 2Checkout, offers complete merchant assistance and 24 x 7 support to the merchants. Merchant Assistance provides a personalized solution to the needs of every merchant.
According to Amald, every merchant has different needs, and thus, a professional is appointed to every merchant. Moreover, the technical team is mobile and expert at solving queries related to payment processing.
High-Risk Industries
Last but not least is the high-risk factor of eCommerce that the PSPs take into accord. The best Online Payment Gateway is the one that has extensive knowledge of the FinTech world regarding payment services.
2Checkout
The high-risk industry is not their strong forte. Thus, 2Checkout is exclusively dealing in the eCommerce business. They do have chargeback support or resources related to it.
However, their high-risk appetite is quite low for the industry. It limits the experience to one type of corporation.
Amald
However, Amald accepts high-risk businesses easily. Due to their expertise in the field, Amald is one of the world’s best online Payment Gateway providers.
In simpler terms, you get a complete package with Amald. Amald’s experience in the industry is quite extensive. Furthermore, cutting-edge technology provides the most significant support to merchants around the globe.
Conclusion
To sum up, both of the payment gateway providers offer best-in-class services to the merchants. Some of the features are better in 2Checkout and some in Amald.
However, it is upto your business needs that ultimately concludes the Payment Gateway comparison. Getting a payment gateway is not enough, as there can be multiple queries about the payment processing after that.
At the same time, you may want a customized solution for your business. Therefore, it influences the service of a leading payment service provider.
For the matter of cohesion, you need a payment gateway provider with all the capabilities intact. The FinTech Industry may have many, but eCommerce, being the high-risk industry, requires an expert solution to reach the zenith.
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