For payment service providers, changing payment gateway services is growing increasingly complicated because payment processors themselves are growing increasingly complex, offering more than ever before. Migrating from one processor to another requires many considerations, including onboarding integration and handling chargebacks.
A thorough understanding of payment processors, what they offer, and the process of migration will help you make the best decisions about when, and even if, you should move your company to a new processor. You need to consider integration points, payment authorization and settlement, chargebacks, reconciliations, and software needs are just some of the concerns that need to be addressed before making a payment processor change.
With the right payment processor, making the change doesn’t have to be a daunting task. PayVisors.com is a business consulting website with useful information and helpful advice on everything related to payments. The UniPay payment gateway solution has proven to be an excellent choice for many companies. The UniPay payment gateway is a robust payment gateway service that can make migration easy and meet all your business payment processing needs. You’ll also find a wealth of other information on a variety of payment related topics on PayVisor’s Buzz Blog.