Technology

International Payment Gateway In Pakistan Your Way To Success

Meta Description: Tapping in global audiences needs secure payment methods. It is where the International Payment Gateway in Pakistan comes in handy!   

So many companies successfully tapped into global audiences yet need to improve in some areas. Online transactions or payment is one of the prominent issues they face. Due to insufficient support for international clients, a company faces some drastic downfall in conversion rates, revenue, and overall global growth. Especially if we talk about Pakistan, companies here faced this nightmare when they hit the revenue plateau due to this.

A while ago, in 2009, Telenor launched EasyPaisa, the first online getaway. Since then, many firms founded International Payment Gateways in Pakistan. One is PayFast which securely makes a transaction for international customers. 

Let’s shed some light on the basics.

What Is An International Payment Gateway & Why Use It?

A Payment gateway examines and checks the customer’s credit card details. It proceeds with the info to the business’s bank and permits transactions. If the customer or the business bank is based globally, an international payment gateway comes in handy.

To tap the comprehensive market and serve foreign clients, the business needs to upgrade its payment strategy, which could support the currency and language of any country.

Here are some benefits of using an international gateway company in Pakistan. 

  • It smooths and streamlines the payment procedure; 
  • Improves the experience of customer care; 
  • It enhances security and lowers the rate of fraud.

Top 5 International Payment Gateways In Pakistan

Although Pakistan has digitalized in the last few years, it is not up to the mark when it comes to scams or fraud. Many small businesses struggle with security issues, but one's weakness is another’s opportunity. Many companies in Pakistan claimed this chance and gave every business a breath of relief by providing a secure and fast transaction method. 

Here are some best International Payment Gateways in Pakistan to consider:

  1. Payoneer

Payoneer is a great payment gateway founded in 2005 and has the most simple and fast money transaction process. It is accessible to any small, medium, or large-scale business, including corporate and freelancers. 

Payoneer’s function is to create an effectual cross-border forum for online transactions. With this, the dealers can receive and send funds across the border, and also they get to operate their accounts in a simplified way.

With Payoneer, you can

  • Make transactions across the border with cost-effective fees;
  • Directly make a transfer to any local bank.
  1. PayFast

PayFast is also one of the best international Payment Gateways in Pakistan. It is a flagship payment solution that is secure and reliable. It helps to build checkout pages for E-commerce retailers, payment links, and bill payment solutions. Domestic and International payment schemes launched a payment card that allows customers to pay from a payment card, Mobile wallets, and Account numbers. 

PayFast offers three transaction methods:

Account-Based Transaction; Purchase by bank account number.

Card-Based Transaction; Purchase using a payment card. 

Wallet-Based Transaction; Purchase by entering your wallet number and email address.  

In a nutshell, PayFast offers:

  • Various sets of transaction methods; 
  • Exceptional interface experience;
  • 24/7 customer care through a diverse set of communication channels that is easy to operate.
  1. FonePay

FonePay is a modern fin-tech company that provides its customers an accessible financial aid and easily operated mobile apps. Here modern tech refers to payment through apps, online, and physical. 

FonePay emphasizes the advancements of online options and offers loyalty rewards for its customers. 

  • Its digital services are user-friendly, highly secure, and reliable;
  • It needs only a mobile number to make transactions.   
  1. TransferWise

TransferWise is a payment gateway that allows people to send or receive payment internationally. TransferWise is a transparent gateway with no hidden fees whatsoever. It has almost 10 currencies available that exchange and offer exchange rates readily. 

TranferWise offers almost 8 times lower rates than other banks, and its procedure is simple & straightforward. You just need to register an email, select payment and exchange rate, enter the receiver's information, verify yourself, and make a transaction to your bank.     

  1. SafePay

SafePay is another gateway company in Pakistan. Its connect option offers the quickest way to send or receive payment. SafePay only requires a personal link of the sender, and anyone can send you money. 

The procedure to use SafePay is direct- it does not require personal info, such as email address, phone number, and SafePay account. You only need to generate a link at SafePay.Me link, mention the amount and send it.

Things To Keep In Mind While Choosing It

Finding the best International Payment Gateway in Pakistan is hectic because of the tons of options. But a sensible approach would be to choose the right company from the start because it involves the survival of your business in the e-commerce market. 

Choosing a specific payment gateway highly depends on the nature of your brand. Here are some basic elements to look at:

  • Target audience 
  • Product market 
  • Service market

Following are a few more factors to consider while choosing an International Payment Gateway in Pakistan.

  • The speedy transactions;
  • No hidden fees/transparent fee structure; 
  • The effective checkout process ensures the process works on all devices;
  • The effective and simple flow of accepting payments.

Conclusion

If we have to recommend the best International Payment Gateway in Pakistan, our answer will be PayFast. Not because it is secure and easy but because it has many more perks to use, such as;

  • The most considerable amount of currency rates 
  • Convenient features with UI/UX
  • Tons of international collaborations 
  • Easy to use for merchants and customers
  • User friendly

Also, PayFast has streamlined payment procedures because merchants and customers get along in a few minutes. Not only that, but it offers a customizable integration option. You need to give a talk to the team to discuss with them, and they will provide you with a suitable customized pay source. 

If you still have doubts and want to research yourself, always do. Because, in the end, it is your business, and you know it better. There are many companies out there that will suit the nature of your brand, but choose a company that is professional enough because it is about payments! 

 

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