Importance of Integrating Payment Software into an e-Commerce Website

What do you associate the word “e-commerce” with? Convenience and faster purchases. That’s the reason people all over the world prefer e-commerce websites to brick-and-mortar shops. To justify the main purpose of online shopping — buying and selling products without ever having to leave homes, any digital entrepreneur should pay prior attention to an essential part of this process — online payment processing.

In recent years, the payment processing industry has made tremendous progress, allowing users to send and receive online payments seamlessly and securely. Due to this, more and more businesses opt for payment software integration. Typically, it often turns out to be a good decision, as payment software dispenses with the need to provide payment information manually, helping to reduce the probability of human errors.

In this way, online retailers who don’t want or are temporarily unable to integrate payment software into their e-commerce sites risk their business well-being and are likely to stay behind the market competition. Let’s see what exactly they are missing.

Benefits of Payment Processing Integration

• Time-saving. Modern payment software processes information flow automatically. Store operators can forget about Excel spreadsheets and devote this time to more valuable for business development activities;
• Reduced overall expenses. Eliminating manual payment data recreation reduces labor costs as well;
• Increased cash flow. The possibility to monitor cash flow in real-time, receiving instant reports on what amount of money a company has at the end of each business day, improves payroll management and helps to avoid invoice payments delays;
• Refined security. The manual payments accounting method is old as humanity. But nowadays, humanity has the chance to take full advantage of automated accounting, which brings e-commerce businesses opportunities to apply advanced fraud prevention tools and leave cybercriminals no chance for profiteering.

At Dinarys, the safety of our client's data and their buyers’ satisfaction come first. Therefore, in our e-commerce development practices, we use only proven technologies. Shopware is one of them. This e-commerce platform has all the necessary capabilities for delivering modern selling and purchasing processes with flexible payment scenarios.

Moreover, Shopware as an extension-friendly software can be integrated with various features, which will bring your business management and customer experience to the next level. Let’s take a quick look at a couple of them.

Shopware Payment Extensions

• PayPal Express. The module is already integrated into Shopware, so if your Shopware-based website visitors choose PayPal as their payment option, they will be securely redirected to the PayPal page to proceed with the payment. Then the money from the clients’ PayPal account will be instantly redirected to yours.
• Subscription Commerce with PayPal and Stripe. The extension with the payment providers PayPal and Stripe and enables automatic payment collection on a subscription basis.
• Automatic Document Generation. The module generates invoices automatically and sends them to a buyer by email.

Conclusion

To take an honorable place in a particular business niche, any retail company should be well-equipped with modern and fast payment solutions. With the variety of innovative payment software, there are multiple ways to optimize payment processes.

Nevertheless, it’s always better to ask professionals before reaching a final decision and opt only for proven technologies, like Shopware.