What should you consider when choosing a payment solution?

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When choosing a payment system, payment aggregator or acquiring bank to connect online payments on a website, it is necessary to take into account several important factors:

Your business requirements and capabilities: Different payment solutions may be tailored to specific types of businesses (e.g. e-commerce, digital goods, etc.) or specific industries (e.g. tourism, gaming, etc.). Make sure the payment system you choose is right for your business and provides the features and tools you need.
Geographical coverage: Check which countries, currencies and payment systems the selected solution works with.

Supported payment methods: Different payment systems may support macedonia email list different payment methods, such as credit cards, debit cards, installment cards, e-wallets, bank transfers, and others. Make sure that the system you choose supports the payment methods you want to provide to your customers.
Fees and Cost: Understand the fee structure and cost of using a payment solution. Learn about transaction fees, account maintenance, chargebacks, and other possible fees. Compare the costs of different systems and choose the one that makes the most sense for your business.

Reporting: Check out the payment solution's reporting capabilities for payments, transactions, and financial data. Having detailed and reliable reporting will help you track and analyze payment transactions, and simplify bookkeeping and cash flow accounting.
Security and compliance: Pay attention to the level of security provided by the payment system or aggregator. Find out if they comply with payment card security standards (e.g. PCI DSS, 3-D Secure) and what measures are taken to protect payment data.
Integration and technical support: Explore available tools and documentation to integrate the solution into your site or application.