How To Secure Your Mobile Application's Payment Portal?

Every aspect of our day-to-day life is going online today. From shopping to news, our phones deliver everything at our doorstep. With the advent of the internet and the drastic growth ever since "online" has become a dangerous place! Especially for e-commerce website! It is easy to hack into them and wreak chaos. The same applies for your mobile app; if your payment portals aren't secured enough, breaking in is but a matter of time. This is threatening the world of mobile app development.
 
Here's why and how you should secure your app's payment gateway:

Why:

1) Customer satisfaction: This should be your first priority when you're running a business - online or offline. The first reason you should enhance and secure your app's gateway is so customers feel secure with participating in mobile payment and can rely on it. Not only does this create a good impression and help retain customers, it also brings in more!

2) Branding: Having a grade-A security module installed and having a poorly reviewed one installed has evident differences. The former will do more than just securing your payment portal. This will fortify customer trust and in turn, give you a professional aura.

Online Payment Portal

How:

1) Allowing biometric checks is a great way to start. Replicating this or "stealing" this is impossible. Having a fingerprint or retina scan for a payment gateway might sound like overkill, but it definitely pays off and pays off big! 

2) Having in-app security measures. Secure your app before securing its elements. By introducing security elements for the app, everything within it will become secure automatically. This can be done by having an authentication protocol or a biometric scan on the launch of the app.

3) Partner up with an adept provider. The best way to secure your payment gateway is to seek the help of those who do it best! Several secure payment gateway providers exist like PayPal, Amazon Payments, and Skill. Integrate their measures within your application. 

Never compromise when it comes to payment - they define your app! Hire Openwave's dedicated mobile app developers in Malaysia to secure your business. With our skills at your disposal, your mobile app will be safer than ever.

The 4 best payment gateways that can be integrated on your site

Do you own an eCommerce website or a blog? Are you looking to make payments easy? Then get a dedicated payment gateway for your website. But, the next question that always arises is which one to go for? While developing an in-house payment gateway has been the norm, there are also startups and SMEs that opt for third-party payment gateways to be done away with the hassle of from-the-scratch development. 

Hence, if you are looking for payment gateway integration, you might as well get a reliable third-party gateway and save on development costs. But which one should you opt for?

The following gateways are considered reliable and are in great demand across the market:

PayPal: A brainchild of Elon Musk, it is one of the oldest operating online payment portals and is among the most popular. It boasts of a highly flexible transaction system that enables disbursements from several popular credit card processors, banks, and mobile wallets. It enjoys its popularity thanks to the fact that it is free for buyers and charges the owners with a small transaction fee.

Authorize.Net: With a customer base of around 400,000 merchants globally, it is among the most popular solutions. It offers easy customizability and great compatibility with prominent eCommerce platforms such as Magento and OsCommerce. It is considered the best choice for credit card payment processing and also offers pre-configured buttons. There is a one-time setup fee of $49 and a monthly fee of $29 for using this portal.

2CheckOut: Founded in 1999, it is a highly powerful and trustworthy portal. Optimized for credit and debit card processing, it is the best choice for small-scale enterprises with its highly affordable fee structure. The only charges are for every successful transaction. This makes it a hit among most eCommerce providers. It also enables mobile payments providing the best value for money.

Online Payment gateway

BluePay: A relatively new entrant, it makes its case by offering large-scale processing easy. From multi-channel processing to large ticket processing solutions, it offers a variety of features that make it suitable for large eCommerce websites.

Want to integrate any one of the payment gateways? Get started with the integration by reaching out to Openwave, a leading developer of online payment portals.

Digital payments: All you need to know about their role in eCommerce

From credit card, debit cards and other modes of online payments, in recent times, we’ve witnessed the emergence of digital wallets. With prominent digital payment methods such as Google Wallet and Apple Pay, experts are hinting that the era of paper money and card payments might be over. However, we still have a long way before eWallets, and digital currencies become mainstream and are adopted by the world. But there’s a positive sign: the gap between adoption and awareness is shrinking at a rapid rate.

So, where is it headed? How are digital payments shaping the world of eCommerce? Read on:

#1: Self-built payment apps:
 
The biggest driver of change is the shift in consumer preferences. Digital payments prove to be safer, faster and more convenient for consumers as well as being cost-effective for retailers. Brands are building payment apps to bypass fee charged by payment channels such as PayPal. For instance, brands like Starbucks and Dunkin’ Donuts have already implemented this.

#2: ePayments are now simpler
 
Online payment is considered the most laborious part of a customer’s online shopping journey. However, many retailers have taken active steps to make ePayments quicker and easier. Options such as one-click payments, easy switch between multiple payment modes and integration with third-party providers are made available.

Online Payment Portal

#3: Bridging security concerns:
 
 While digital payments prove to be useful in many ways, there are increasing concerns about security. For instance, in Malaysia, a majority of the population believes cash to be safer than other options. To allay such fears, businesses are focusing on propagating their emphasis on security and making consumers aware of the prevailing security setup.

#4: mPOS apps are entering mainstream
 
mPOS or mobile point of sales apps allow vendors to turn their a smartphone or a tablet into a card reader. This development has enabled small companies to keep pace with the digital revolution. mPOS apps can accept eWallet as well as online currencies, enabling small time stores to compete with the features offered by large retailers.

#5: Integration with third-party software:
 
A trend that has recently surfaced is the conjunction of digital payment methods with third-party software applications. Sending payments through SMS, Gmail or personal accounting software is now being made possible.  In what is being known as contextual commerce, payment options are now being built into everyday actions.

The world is shifting towards ePayments, and several innovations are shaping the industry towards exponential growth in the coming times. If you own a business and want to offer your consumers enhanced convenience, go digital! Openwave, a renowned IT services firm, provides online payment solutions in Malaysia. Get in touch!

Best Payment Getaways to Use for Accepting Payments on Your Website

A lot more customers prefer to shop and pay online for services and products because they don’t have time to visit in person or simply because it’s more convenient for them. Businesses are, as a result, increasingly offering online payment options on their websites. If you have decided to accept online payments, it’s a good decision and you won’t regret it. The hard part, though, is choosing the right payment getaway to integrate into your website.

Choosing the best payment getaway

Payment getaways are third-party services that accept payments on your behalf and transfer them to your bank account. While choosing one, you need to be aware of several important factors, like the kind of cards they accept, the transaction fees they charge, whether they offer multi-currency support, and the like. To help you make the best choice, here are some of the most trustworthy – and popular – payment getaways that you can rely on to accept payments on your behalf:

PayPal 

PayPal is a globally recognized service. While it is somewhat expensive (they charge you a 3.4% + $0.3 USD per transaction fee) you get a very safe, reliable service that takes care of your business’ and your customers’ best interests. All you need is a merchant account on their website to get started. 

Online payment Portal in Malaysia

BluePay

BluePay is unique in that it offers services customized to the type of business you’re running. You will get a unique service if you’re an enterprise head, a nonprofit, or a restaurant owner. If you’re not the usual sort of business, BluePay is perfect for you. 

Stripe

The USP of Stripe is that the service doesn’t ask for monthly upkeep costs. You only have to pay if someone buys from you. If your website is struggling to convert and you want to keep maintenance costs down, you can use Stripe. It isn’t mobile-friendly, though. 

Once you’ve made your choice, you need to integrate the API into your website or blog. By doing it right, you can boost visitor confidence in your site and make them more willing to share their credit card info with you. If you’re not good with coding – or need more help choosing a payment getaway – you can hire professionals for the job.