Zøtapay’s Payment Gateway: Transforming The Way Global Companies Do Business

While millions of purchases are carried out online every day using digital payment methods, services, including wire transfers, e-wallets, and local cards, constitute a substantial percentage of transactions. At the same time, according to research, a significant proportion of consumers will abandon their carts and fail to complete their purchase if they encounter a cumbersome checkout process or are unable to purchase in the payment method of their choice. Zotapay’s payment gateway is the ultimate solution for some companies.

As more and more countries around the world increasingly shift away from cash and towards digital payments, businesses need to be ready to handle increased volumes of transactions to ensure that the payment experience for customers is as seamless, secure, and straightforward as possible. Many people are also put off completing payments when they’re asked to re-enter their payment details. That makes offering customers a fast, secure, and enjoyable checkout experience a top priority, especially for companies wanting to expand their online presence and to reach out globally.

Businesses also need to be aware that for online shoppers, confidentiality and security are critically important. Another piece of the puzzle is that many consumers, regardless of age, gender, and other factors, like sticking with payment methods they’ve used traditionally and are accustomed to. Platforms like Zotapay’s payment gateway give companies the tools they need when it comes to the world of global online payments, using cutting-edge, proprietary technology to ensure a smooth and flawless shopping experience – all managed under one convenient, flexible hub. 

1. E-Commerce Market Growth

According to various estimates, e-commerce is taking off and growing exponentially and is slated to top around $5 trillion by the start of 2022. At the same time, e-commerce sales already account for roughly 17.5% of global retail sales, with that number growing year-on-year. An additional factor expanding the world of e-commerce these days is emerging markets like China, Russia, and Brazil (among others). As developing countries’ economies grow, people have more money to spend, and many choose to spend their money online.

Within just a few years, experts predict that an additional three billion online customers will have access to online shopping facilities, and that’s another reason why companies need to be poised and ready for increased volumes, both now and in the future. Possibly the most crucial factor in the whole process is a fast and secure checkout experience. Zotapay’s payment gateway helps businesses from every industry to enjoy full control over their transactions, with the added advantage of tweakable settings within a highly flexible software tool. This ultimately benefits the customer experience and streamlines the entire process for buyers and sellers alike.

2. Zøtapay’s Payment Gateway Concept

The task was arduous, and the workload was plenty, but all the individuals within the dedicated Zotapay team were excited to be involved in this ingenious innovation. Having carefully analyzed comments, questions, and suggestions from businesses across all online verticals, Zotapay’s payment gateway Tool was born.

Zotapay’s payment gateway is an integrated, all-in-one financial tool encompassing more than 800 integrations, multiple currencies, cross-border remittance, and a cutting-edge AI-based fraud prevention system to meet and exceed all financial needs. Zotapay’s payment gateway also empowers companies with tailor-made tools, enabling them to run their online business efficiently and productively. 

Zotapay’s payment gateway assists global businesses in a range of different ways:

  • Fluid Payments – All-in-one payment gateway offering a variety of global payment methods for fast and streamlined checkouts.
  • Reduce Costs – Zotapay’s payment gateway enables fewer people to manage larger accounts, reducing overall operational costs, and saving time.
  • Return Business – Zotapay’s payment gateway enables seamless payment processing to encourage customers to return for a simple shopping experience. 
  • Advanced Reporting – Zotapay’s payment gateway was carefully designed with companies in mind so that they can keep track of all transactions at their fingertips. 
  • Fraud Protection – Zotapay’s payment gateway features real-time tracking and multiple filters to prevent and avert chargebacks or fraud.

3. Benefits of Zøtapay’s Payment Gateway

Zotapay’s payment gateway helps companies to run their online businesses efficiently and effectively. While top-class fraud protection is a given, Zotapay’s payment gateway also provides online businesses with the following tools:

Real-Time Data – No more waiting around for daily reports. Get all the information you need in a clear way and in real-time. Including live transactions for payments, orders, settlements, wire transfers, and more.

Personal Dashboard – Zotapay’s payment gateway businesses benefit from a simple-to-read, personal interface connecting them with their customer transactions. The Dashboard is continuously updated as technical and financial reporting is delivered seamlessly and efficiently. Zotapay clients can analyze data fast for effective business management at any time of the day or night.

Fully Customizable – Zotapay’s payment gateway allows businesses to customize their User Interface (UI) to precisely and specifically meet their needs. Whether it’s viewing or monitoring transactions or setting employee permissions, with Zotapay’s payment gateway, everything is just a few clicks away.  

Payout Manager Tool – This advanced tool has been carefully tweaked to give Zotapay’s partners maximum control over their finances and to choose whether to process payout transactions by API or in batches.

Advanced Administration Platform – Offering maximum flexibility for businesses to easily set parameters and permissions on a per employee, salesperson, or technical officer basis.

Sophisticated Reporting – Zotapay’s payment gateway gives clients the information they need at a glance. Including detailed data, performance, risk, and financial reports.

Advanced Risk and Fraud Prevention – Featuring the most advanced AI-based analysis, real-time tracking, and multiple filters to prevent and avert chargebacks or fraud.

Advanced Filters – Giving businesses the ability to monitor their transactions specifically by currency, date, approval status, or any parameter required at the time.

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