BigCommerce Payment Gateways: The Only Guide You Need

BigCommerce Payment Gateways: The Only Guide You Need

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BigCommerce Payment Gateways: The Only Guide You Need

Payment is a fundamental element of eCommerce business. You can provide your shoppers with a secure and reliable checkout process by organizing your eCommerce payment process. 

Business owners can increase their client’s experience, lower additional costs or charges in payment methods, decrease cart abandonment rate, and improve their customer retention rate by choosing the best payment gateways for their eCommerce store. 

According to research by Statista, digital payment transaction values are projected to grow by 12.31%, US $15.17tn by 2027. In an evergrowing cashless world, payments are generally performed either through credit cards or UPI methods. This helps both businesses and buyers to take benefit from the simplified process of payment. 

However, the payment platforms that you choose need to be convenient and secure. Before you select payment modes for your eCommerce store, you need to know every detail, such as how they work, what criteria to look for in them, and if other options are available. 

As per the European eCommerce report, 15% of Swiss and 17% of German shoppers abandoned shopping carts in 2021 as the eCommerce platform they choose didn’t provide them with the preferred payment options. 

If you have your website on the BigCommerce platform, then you are fortunate as it’s not limited to templates or solutions by its expert BigCommerce support team members. This also comes up with 65 BigCommerce payment gateways integration which can ultimately become your shopper’s favorite purchasing place. 

In this blog, you will get a clear picture of why to choose BigCommerce payment integrations and how you can take advantage of this platform. 

What Is BigCommerce Platform?

BigCommerce is an online store builder solution app where company owners can build and run an online store to sell their goods to digital customers. 

It includes a variety of customized themes where you can add products, upload photos, input inventory information, create discount coupons, analyze reports, create multiple pages, process your orders, integrate apps, incorporate various payment methods, and many more. 

This platform requires you to have little web designing knowledge and experience but you do not need to be worried as you can easily assign your project to a trusted BigCommerce development company that will modify your website templates using CSS and HTML codings. 

What are BigCommerce Payment Gateways?

Payment gateways are an important aspect for merchants that can never be ignored as they had to integrate different payment integrations in their stores such as credit cards, Visa, Amazon Pay, and PayPal for their customers. 

BigCommerce has an in-built payment app on its website which allows site owners to process the payment details of its users, encrypt them, and transmit them securely without any error. 

BigCommerce payment gateways allow customers to relay back to the website whether their payment has been approved or denied, inform them to try another payment method, or redirect them to the confirmation page. 

How BigCommerce Payment Gateways Works?

The payment process begins when a user selects the “Buy Now” button after which he/she will be redirected toward the checkout page where they will be required to fulfill the credit card details or UPI. Lastly, they will be transferred to the secure page to complete the transaction process. 

Payment platforms that you choose will integrate with your website which processes the details of your customers. If you have ever come across a website offering payment modes such as Google Pay, PayPal, Mastercard, or visa, then those sites use multiple payment modes. 

BigCommerce provides payment apps to users through merchant service providers who play a third-party role between credit card companies or banks and your BigCommerce store. 

They provide you with essential products and services that are required to handle debit cards, credit cards, or other electronic payment activities. Business owners choose from different payment websites that suit their needs and are used to gather and process various online transactions. 

When a store owner agrees to connect with a particular payment app, then they must contact a Merchant Service Provider (MSP) to obtain the selected payment platform. With just a single payment gateway, consumers will get the option to bill their products through numerous modes. 

For example – PayPal is used by BigCommerce stores provided by an MSP from where users can choose multiple payments method to pay the bill for an item. 

Merchants will just have to register an account on  PayPal to connect this payment gateway with their BigCommerce store. 

Following are the steps to perform BigCommerce payment portal integrations:

  1. Go to store setup and then on payments
  2. Select the online payment method
  3. Find your preferred gateway and then click on setup 
  4. Once you have filled in all the details and credentials, click on the save button

Note: If you are not able to find the payment platforms of your choice in the list, then you can use the API integration method but it requires proper technical knowledge. 

Types Of BigCommerce Payment Gateways

BigCommerce supports various types of payment apps but they are generally divided into 3 categories:

Hosted payment

It is also termed as ‘redirects’ which means when users purchase a product and decide to checkout, this gateway link will automatically redirect them to a whole new website after they leave your site. 

After completion of the transaction process, users will be directed back to your store. The page where they will be directed from your site to another is called the Payment Service Provider (PSP) page. 

Their payment sites secure essential customer information and they will protect them from any fraudulent activities. It will also save them from being scammed and thus, merchants can become more familiar with this type of payment gateway.

It will allow them to customize their checkout page according to their brand and as a result, your consumers will be more friendly with your payment modes.

For example – PayPal

On-site transaction method

It is generally used by large-scale online businesses where users are not redirected to your payment provider’s site but will have to enter their payment details on your store itself. 

Here, the business owners will be solely responsible for the security of their customer’s information as they will have complete control of their account details. They can also analyze the purchasing behavior of their customers by checking their accounts. 

If you use these types of BigCommerce integration, you will have to take care of the checkout issues, protect data, and secure user transactions. 

On-site checkout with off-site payments

It is generally opted for by small companies where customers will be taken to a payment gateway site where they will have to carefully fill in all their information. 

After this, a form will be generated and you will receive a payment notification and the online store will also open on your screen. 

For example – Stripe

Its simplified features and functions might increase your conversion rates, however, it has also been found that shoppers have also stopped buying the product in between the process as the payment section was taking much time and involved complicated sections to be fulfilled. 

You will also have to keep track of your consumer’s experiences here as there can be hindrances in the transaction process. 

5 Main Reasons To Use BigCommerce Payment Gateways

Your BigCommerce store must have a safe and secure payment gateway integrated into its store. Here are the reasons why to use BigCmmerce payment gateways:

Enhance the security

Some of the best payment portals that BigCommerce support never compromise the security of your end users. 

With their high-security standards, your entire process of the transaction will be protected from scams. 

Easily accessible

With BigCommerce payment integration, your users can easily carry out the transaction process anywhere and anytime without being limited to working hours or location. 

Get access to multiple payment options

If BigCommerce store owners want to sell their items internationally, then choosing the best payment gateways allows them to sell products in different currencies. 

This way they won’t even have to take a load of exchange rates issues and can also interact with users around the globe. 

A faster method of successful transactions

You can increase the speed of your transaction process and make it more efficient by choosing the integration of top payment methods to your BigCommerce store and reducing the manual methods of transaction. 

Smooth checkout experience 

When you will incorporate the top payment sites into your store or website, it will become an easy process for users to make a quick purchase by entering their bank or card details which will be safe and secure with the payment gateway on your site. 

5 Ways to Secure Your BigCommerce Payment Gateways

Online business owners need to ensure that their client’s financial information is protected from scammers and their money is transferred securely to the owner’s accounts. 

Here are a few methods by which you can protect the essential details of your users:

1. Use of CVV code

While choosing payment methods for your website, you need to follow the guidelines of PCI. 

One way by which you can secure the credit card and bank details of your buyers is to make sure that they first enter the CVV code before reaching the final payment step.

2. Monitor your transactions

It is also important for you to track your BigCommerce transactions to prevent your website from any fraudulent activities. 

With your payment app, you can identify the IP address, screen names, and other important information about the payments made on your store. 

If you find anything strange, you can immediately inform the BigCommerce team or choose a BigCommerce development agency to monitor your payment procedure. 

3. Use strong passwords

If you want to protect your BigCommerce account, then choosing a strong password is highly essential. You should strictly follow the password rules designed by most payment technologies as they will protect the data of your business. 

4. Limit the expenditures or amount spent by users

Here, you need to limit the amount of money a shopper can spend within 24 hours as it will ensure that you are not overcharged in credit card transactions. 

This way you can easily manage the transaction process of your business by reducing overcharging.

5. Use an Address Verification System (AVS)

If you are looking for a payment gateway for your BigCommerce store, then always use AVS as this acts as an identification tool that will prevent your store from identity theft

It will compare the credit card and billing address details that are stored in your database. If the address of the card will be incorrect, it will immediately send a text message to your contact number and as soon as the verification fails, it will stop the process of the transaction. 

What Are The Criteria For Choosing The BigCommerce Payment Gateways?

Some of the main criteria that you should always know are listed below:

  1. Customer preferences

You should know what payment methods your customers generally prefer and if BigCommerce support that gateway or not. 

Does the payment gateway that you choose for your store support local options? If store owners offer products and services of the choice of buyers, then will they shift their payment method of the choice of your store?

  1. Cost

It is the most crucial aspect as there should always be a balance between the cost and the services provided by the payment apps. 

What will be the total cost of the payment app including processing and markup fees? Will that app help you to improve the conversion rate? Are there any additional customization or integration charges involved? 

  1. Customer experience

How does a particular payment gateway work concerning different sales channels? How will that payment app support your organization? 

How that app will affect the sentiments of customers? Is there any transaction limit on it? Does it provide an automatic fill feature to users? 

  1. Security

To ensure safe and secure encryption, you should follow the values of PCI to protect the data of customers. 

Is there any leak of information or spam activities related to that payment gateway in the past? What strategies does it use in case of cyber-attacks? 

  1. Flexibility

Does that payment app support mobile devices? How does it work under different methods of transactions such as credit cards, debit cards, or UPI? 

  1. Reputation

Choose a payment gateway that your customers can trust in your checkout process. This will prevent them from abandoning your cart and increase the trust in your BigCommerce store. 

Some of the best payment gateways will improve your brand recognition so that your shoppers can continue their shopping process smoothly. 

Best Examples Of Payment Gateways For Your BigCommerce Store

Based on the security and functionality, here’s the list of the most frequently chosen payment gateway service providers:

  1. PayPal

It is one of the popular methods of payment apps available on the internet.  

Merchants generally choose this app for their digital goods and services because it’s easy to use, convenient, and provide safe and secure transactions,  checkout, and customization options. 

It protects your BigCommerce site from spam activities by providing two-factor authentication. 

Advantages:

  • Secure and reputable payment provider
  • Used by digital owners in more than 190 countries
  • Unique integration methods
  • Lets you create both personal and business accounts

Disadvantages:

  • Expensive chargebacks
  • Has harsh conversion rates of currencies
  • It takes time for money to be cleared and reflected in your account
  1. Square

It provides simple and easy-to-use features along with end-to-end encryption and PCI complaint. Customers here pay the amount physically by credit card swiping. 

It is a small device that is generally attached to tablets, mobile phones, cash registers, etc., and also pairs with phones to accept online payment. 

Advantages:

  • Easy to set up
  • Excellent choice for small businesses with less volume 
  • Offers simple invoicing

Disadvantages:

  • It’s expensive for large businesses due to the flat rates option
  • A little low quality in customer service as compared to other options
  • No multi-currency selling options are available 
  • Charges high-processing fees
  1. Stripe

It proves to be one of the best examples of payment portals for your BigCommerce store and a great alternative to PayPal. 

This is also one of the most trusted apps that constantly focuses on introducing new features and thus, it turned out to be one of the versatile payment apps. 

You can consider contacting us for your BigCommerce stripe integration.

Advantages:

  • Can be accessed in 42 countries
  • Generally suitable for large organizations
  • Get flexible payment options as per your choice 
  • Provides one-click checkout button

Disadvantages:

  • Its detailed information sometimes confuses users 
  • Processing time is a little slower 
  • It doesn’t provide affiliate programs
  1. 2Checkout

It provides all credit card payment options such as Visa Card, Mastercard, American Express, etc that are always secured. 

Advantages:

  • Supports almost 100 currencies and 15 languages
  • Option to customize your checkout page
  • Integrates with 120 eCommerce platforms
  • Provides exceptional shopping experience to customers
  • Has customized subscription plans

Disadvantages:

  • Needs improvement in security
  • Has a long approval system
  1. Authorize.Net

It offers an easy and safe transaction process and can be used by different eCommerce sites. It also supports digital payment portals such as Apple Pay, PayPal, etc. 

Advantages:

  • Great customer service
  • Protects from frauds
  • Quick checkout process with no additional charges
  • The best option for account billing

Disadvantages:

  • Poor design of the website
  • Difficult to manage the transactions as few pages are cluttered 
  • Security features cannot be adjusted 

Final Thoughts

We have outlined some of the best examples of payment gateways for your BigCommerce payment gateway integration. Choosing a secured and reputed payment service provider is highly essential for any BigCommerce store. 

If you provide different payment options to consumers, then there is a high chance that they can again come back to your site to purchase your product. You should always choose the best payment platforms by considering the demographics and preferences of your audience, the scale of your business, and spam activities. 

We hope that this blog has helped you to know every detail about the BigCommerce payment gateways integration and how to choose the best provider for your store. 

Try to research and then choose a solid app for your website to generate more sales and profits.