What payment methods should I offer in my online store?
Posted: Thu Jan 23, 2025 5:59 am
First of all you must follow the rules
The European Payment Services Directive, abbreviated PSD2, has generated new strict authentication regulations since September 14 of this year, which consists of the evolution of the 3D Secure authentication protocol, and therefore, your online store should begin to adapt to this regulation as soon as possible if you have not done so yet.
Perhaps you had not thought about some of them:
1) Payment methods with VAD contract
With a distance selling contract, your bank secures the denmark phone number list between sellers and customers.
The bank has the role of online payment terminal for each transaction carried out. Many payment modules via VAD contracts are available in the Addons Marketplace.
2) Payment methods without VAD contract
There are online payment systems that are partners of PrestaShop, such as PayPal, Stripe or Hipay, and that allow you to accept payments without a VAD contract:
You will only pay commissions, depending on the volume of your transactions.
3) Third party payment methods
Recently, new methods have emerged such as Amazon Pay, which allows customers who use Amazon to retrieve their login information to make purchases on eCommerce sites.
Payment, shipping and customer data are synchronized only with the personal Amazon account.
What important criteria should you consider when deciding on your payment method?
Despite these suggestions, you should not make a decision lightly. Carefully weigh up all of these preconditions:
An opening towards the international market
Why limit yourself to just one country when you have a huge sales potential at your fingertips?
Don't miss out on conquering foreign markets by choosing a suitable online payment method.
Taking into account the different channels
Users now move from one channel to another very easily and require the same level of service and security on each one.
So, be in tune with your visitors’ new usages and offer them an intuitive payment method on all channels. You will no longer lose sales, making it easier for your customers to pay.
The European Payment Services Directive, abbreviated PSD2, has generated new strict authentication regulations since September 14 of this year, which consists of the evolution of the 3D Secure authentication protocol, and therefore, your online store should begin to adapt to this regulation as soon as possible if you have not done so yet.
Perhaps you had not thought about some of them:
1) Payment methods with VAD contract
With a distance selling contract, your bank secures the denmark phone number list between sellers and customers.
The bank has the role of online payment terminal for each transaction carried out. Many payment modules via VAD contracts are available in the Addons Marketplace.
2) Payment methods without VAD contract
There are online payment systems that are partners of PrestaShop, such as PayPal, Stripe or Hipay, and that allow you to accept payments without a VAD contract:
You will only pay commissions, depending on the volume of your transactions.
3) Third party payment methods
Recently, new methods have emerged such as Amazon Pay, which allows customers who use Amazon to retrieve their login information to make purchases on eCommerce sites.
Payment, shipping and customer data are synchronized only with the personal Amazon account.
What important criteria should you consider when deciding on your payment method?
Despite these suggestions, you should not make a decision lightly. Carefully weigh up all of these preconditions:
An opening towards the international market
Why limit yourself to just one country when you have a huge sales potential at your fingertips?
Don't miss out on conquering foreign markets by choosing a suitable online payment method.
Taking into account the different channels
Users now move from one channel to another very easily and require the same level of service and security on each one.
So, be in tune with your visitors’ new usages and offer them an intuitive payment method on all channels. You will no longer lose sales, making it easier for your customers to pay.