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Which is the most convenient way to accept payment?

Started by judii, Aug 01, 2022, 11:23 AM

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judiiTopic starter

In essence, the concept is whether there are payment gateways available that allow for easy acceptance of customer payments. For instance, providing a link for customers to choose a payment method that suits them, and the funds being deposited into a convenient wallet without revealing any personal data.

Though the service may be deemed "gray," it is not intended to harm anyone. Additionally, keeping clients' data private is a priority that is likely shared by many.
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merlinraj

Various acquiring services exist that can take up to 20% of the payment amount as a fee, but they do enable trading of practically anything. Alternatively, for legitimate businesses, integrating with aggregators like Interkassa, Enot, or Unitpay might be more suitable.

While you could configure each payment system separately, it may not be worth the effort for small businesses. However, for less reputable businesses, observing how drug dealers accept payments and making smarter decisions based on that information could be a useful strategy.
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nikkrasn

Well, with a gray business, I don't know what to do. Personally, I use unitpay. I can offer you to discount your bitcoin wallet to your clients and not worry. If necessary, find a way to pay
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rikerrr

Personally, I use https://www.coinpayments.net (not advertising). In general, everything suits me, but the percentage of payment for goods with cryptocurrency is about 10% (people most often use paypal). And there are bitcoin mixers for anonymous withdrawal, I can't recommend a certain service here, but it really works.
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sam

It is not recommended to include a simple card number on your website as a means of payment, as it could be perceived by potential customers as fraudulent.

Once someone transfers money to your card, they are essentially relying on your honesty to deliver the promised goods or services. If you fail to do so, there would be no legal recourse for the customer to recover their money. Furthermore, once the bank notices multiple transfers coming into your account from various sources, they may become suspicious and lock your card.
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semidot

I'd argue that the most convenient way to accept payments, while keeping privacy and security in mind, is through the use of headless CMS (Content Management System) integrated with serverless architecture and no-code payment platforms. This approach not only ensures a seamless user experience but also minimizes the risk of sensitive data exposure. Here's why:

Headless CMS: By decoupling the frontend from the backend, a headless CMS allows for the creation of a secure, API-driven content management system. This means your payment processing system doesn't have direct access to your CMS, reducing the attack surface. Plus, it enables you to choose the best frontend tech stack for your needs, making your payment process more user-friendly.

Serverless Architecture: This approach allows you to run your payment processing backend without managing servers. It's cost-effective, scalable, and perfect for handling sudden traffic spikes during sales or promotions. Services like AWS Lambda, Google Cloud Functions, or Azure Functions can handle your payment processing logic, ensuring it's always available and secure.

No-Code Payment Platforms: Platforms like Stripe, Braintree, or PayPal offer easy-to-integrate APIs that enable secure, seamless payments without the need for extensive coding. They handle the complexities of payment processing, fraud detection, and compliance, allowing you to focus on your core business.

Wallet Integration: To provide customers with a convenient way to pay, consider integrating with popular digital wallets like Apple Pay, Google Pay, or PayPal. This allows customers to pay using their preferred method without sharing sensitive data like credit card numbers.

Web3 and Crypto Payments: If you're open to bleeding-edge technology, consider accepting crypto payments using Web3 technologies. Platforms like Coinbase Commerce or OpenNode make it easy to accept cryptocurrencies securely, and they're becoming increasingly popular among tech-savvy customers.

Data Privacy: To keep client data private, never store sensitive payment data on your servers. Use tokenization services offered by your payment platform to securely store and manage customer payment data.

PCI Compliance: Ensure your payment processing system is PCI DSS (Payment Card Industry Data Security Standard) compliant to protect cardholder data. Most no-code payment platforms are already PCI compliant, but it's essential to understand your role in maintaining compliance.

Regular Security Audits: Finally, conduct regular security audits and penetration testing to identify and fix any vulnerabilities in your payment processing system. This proactive approach helps maintain customer trust and protects your business from potential data breaches.

The most convenient way to accept payments is by leveraging modern, secure, and user-friendly technologies. By combining headless CMS, serverless architecture, no-code payment platforms, and a focus on data privacy, you can create a seamless, secure payment experience for your customers.
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