Monday, August 27, 2018

How to Integrate Payment Gateway in a Mobile Application

In today’s era, online shopping and e-commerce business have taken the front seat. And this has lead to the implementation and integration of the payment gateway that facilitates online transaction in a fraction of seconds. Generally, user make payments for using services like flight booking, hotel reservation, bill payment, online shopping etc.

It is estimated that the market associated with in-store mobile payments will reach at $503 billion by the year 2020. And there’s not an iota of doubt that payment gateways have helped to increase the sales. With the payment gateway coming into the picture, the whole payment scenario has become very easy. With just a click, a customer can send money to the merchant.

The Payment Gateway Implementation in Mobile Apps
The owner of the store will first require a merchant account as well as a payment gateway. The procedure in the case of the mobile application is more or less the same as both the accounts are needed.

Integrate Payment Gateway in a Mobile Application

Let’s Know the Mechanism in brief
  1. The customer visits the e-commerce app and chooses the product he prefers to buy. 
  2. The product is then added to the cart and then the cart gets linked up with the payment gateway.
  3. Once the request is sent to the card processor and the payment gets approved.
  4. The information is automatically displayed from payment gateway to merchant account.
  5. The information will remain stored for some days unless and until it is sent to the merchant’s bank.

The Different Kinds of Merchant Accounts

The two major types of merchant accounts that payment processing industries are offering are:

  • Dedicated Merchant Account
  • Aggregated Merchant Account
Integrate Payment Gateway in a Mobile Application

Dedicated Merchant Account

Whether you are an individual business owner or a merchant, the dedicated merchant account is tailor-made for your business transactions.

 Aggregated Merchant Account

The Aggregated Merchant Account is a place where you can store all your funds together including the other people’s money. It is more popular and evidently used than the dedicated account.

Payment Gateway Integration

atom technologies offer easy to use payment gateway integration kits for website & mobile app for more than 25 platforms. Our APIs are simple with detailed documentation along with dedicated technical support. No coding expertise is required for integration and payment page is optimized for both desktop & mobile.

By integrating atom payment gateway, you can accept online payments through all possible channels like- credit cards, debit cards, net banking, wallets, UPI and BharatQR. It also offers integrated dashboard to merchants from where they can view transaction details, settlement or analytics report.

How to integrate payment gateway?

You just need to download the Payment gateway integration web kits and input key and other necessary details provided by atom. atom provides the easiest way to integrate payment gateway

How to integrate payment gateway in mobile apps?

You can Integrate payment gateway with your mobile app by installing light weight SDK kits for Android & iOS. The most hassle-free experience of integration is possible only on at atom.

Whether you are an owner of an e-commerce business solution or having a tour business, it is mandatory to have payment gateway integrated to your business.
You need to be cautious before choosing the payment gateway for your business. Payment gateways have simplified the process of making online payments giving your business an edge over others.

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