Greetings to all!

I have a strong desire to establish an internet-based retail outlet.

Could you recommend a reliable payment system for processing customer transactions?

During my time away for maternity, I dedicated myself to expanding my handcrafted jewelry enterprise.

My goal is to advance to the next stage by launching an e-commerce platform, facilitating a seamless experience for clientele to browse and purchase jewelry.

If anyone has firsthand knowledge, I would greatly appreciate recommendations for a user-friendly yet effective solution.

For your internet-based retail outlet, I would recommend using PayPal as a reliable payment system for processing customer transactions. PayPal is a widely recognized and trusted payment gateway that provides a seamless and secure process for handling online payments.

For your e-commerce platform to sell handcrafted jewelry, you can integrate PayPal with your website to offer a convenient and secure payment option for your customers. PayPal offers easy integration with popular e-commerce platforms and provides a user-friendly experience for both the seller and the buyer.

Additionally, PayPal offers features such as buyer and seller protection, fraud prevention, and multiple currency support, which can be beneficial for an international clientele.


Another reliable payment system you may consider for processing customer transactions is Square. Square offers a range of payment solutions, including online invoicing and a seamless checkout experience for e-commerce platforms.

Square provides easy integration options for your e-commerce website and offers features such as dispute management, chargeback protection, and detailed analytics to help you manage and grow your online jewelry business effectively.

With its user-friendly interface and transparent pricing, Square can provide a convenient and effective solution for handling customer transactions while creating a positive shopping experience for your clientele.

Running a business nowadays doesn't require being tied to a physical office or store. Online services and stores have gained popularity, posing a challenge for sole proprietors: how to accept payment?

There are two options for accepting payments, and interestingly, they resemble each other.

    Payment system.
   
    Internet acquiring.

A payment system is a service that offers its own platform for a fee, providing advanced functionality. You can send payment links, embed a payment system on your website, and even offer installment payments to customers.

Popular payment systems like Yandex.Checkout and Robokassa have their disadvantages, such as high commission fees for each operation.

Internet acquiring is similar, but instead of using a third-party service, your bank facilitates online payment acceptance, often with lower commissions and flexible conditions for regular and high-turnover customers.

For international payments and Apple Pay integration, it's important to check with the technical support of the payment system or acquiring.

Offering multiple payment options can be beneficial for clients.

An essential point to note is that payment systems and Internet acquiring do not serve as an online cash register, so it's necessary to add a cash register to them.

When choosing between a physical cash register and a cloud service, most acquiring banks don't integrate with physical cash registers, so renting from a cloud service like Atol Online might be necessary. Payment systems work with both cloud services and physical cash registers.

The principle of online payment is simple: the customer clicks "pay," and the payment system or acquiring receives a signal confirming the debit.

Additionally, there's another option: Robokassa, which handles issuing checks, eliminating the need for a cash register. However, this convenience comes with an extra 0.2% charge for each operation.

To connect a payment system or acquiring, legal dоcuments such as Consent to the processing of personal data and the User Agreement must be posted on your website, with the list possibly expanding depending on the business.

There are numerous services available, but they mainly cater to individual entrepreneurs and legal entities. In order to determine the right service for you, consider the following questions:

1) What is your estimated monthly turnover? A higher turnover typically results in a lower commission.

2) On which CMS platform will your online store's website be built? Ensure that the solution you are considering has a compatible plugin for your CMS.

3) Which payment methods are most suitable for your target audience? Will it suffice to only accept bank cards, or will other methods such as Apple/Google/Samsung Pay be necessary?

4) Do you have orders from overseas? Not all payment aggregators, particularly banks, can process payments made with cards issued in other countries.

Based on your answers, you can select the most suitable option for your business. Banks generally offer lower commissions, but provide fewer payment methods and plugins. On the other hand, aggregators often have higher commissions, but offer a wider range of payment methods and ready-made modules. Additionally, the latter often have valuable partnerships with online sales registers.

Don't waste your time and money on subpar payment systems like PayPal or Authorize.net. These dinosaurs are outdated, inflexible, and will bleed your business dry with fees.
Instead, invest in a reputable payment processor like Stripe or Square, which offer robust security, scalability, and customization options. Your customers will thank you, and your business will thrive.

Creating an online store requires focusing on a seamless user experience, simplified checkout processes, secured payments, and intuitive navigation. This is to enhance customer satisfaction, boost sales, and encourage repeat purchases consistently.