Payment aggregators

[Barezzi]

Through the use of aggregators, the seller gets rid of the need to connect and configure individual APIs, sign agreements with each payment service. Instead, he installs a special module from the aggregator, thanks to which buyers pay for purchases with bank cards, electronic wallets, and even cash (through special terminals installed in public places).

Aggregators are most often non-bank credit companies that provide payment acceptance and processing services. The cost of their services depends on the cash flow of a particular business, its specifics, as well as the number of payment options.

Advantages:

quick connection of the payment system using ready-made modules and instructions;
a large selection of payment methods, the ability to customize the list of options for yourself;
affordable rates, including for small businesses.
Flaws:

after the buyer pays for the goods or services, the aggregator chooses the time and date of payment (based on workload and a number of other factors). If there is a failure, the transfer of money may be delayed;
The PS does not provide payment security and encryption services, therefore it is not recommended to use this option for large businesses associated with high risks and responsibility.

[Merten]

Hello, connecting payment gateways, or the so-called Internet acquiring, to the website of an online store expands the possibilities for paying for an order by the buyer. Despite the popularity of such a form of payment as cash on delivery, the availability of alternative payment options makes it possible to simplify interaction with the online store for those users who, for one reason or another, prefer non-standard solutions. By the way, at https://payadmit.com/ , there is detailed information about the popular and secure payment system.