Simplify Payment Processing for Your Customers

It is imperative for any business to make the shopping and payment experience easy and customized for each and every customer.

And one of the critical points to consider while creating a frictionless checkout experience is payment processing.

The checkout page where customers hand over their information and make a final purchase is very crucial as this is where window shopping to customer conversion happens.

And simplified payment processing can play quite a big role in this.

To make your payment processing more customer-centric and more simplified here are some ways,

Customers can be quite attentive towards the payment methods.

With\all the innovations in the digital payment sector, there are emerging payment methods that customers are getting comfortable with.

As a business, you have to make sure that you offer payment methods favorable to your niche customer category. These include UPI, mobile wallets, card payments, net banking, etc.

Along with the payment methods, emerging payment models like BNPL, EMI, etc. have attracted the attention of customers. It will be favorable for businesses to offer such payment models.

Security is one of the main concerns when it comes to payment processing. You have to reassure your customers on the payment security front.

Customers are sharing their data with you so they have to know that their data is safe. This can be accomplished by outlining the security precautions you use when processing and accepting payments.

The payment processing should be PCI DSS compliant and you have to make sure it follows all the government’s guidelines and protocols for data security.

Using any page redirections can put you at disadvantage. You are making tremendous efforts to get people on your website, you don’t need to redirect them to another to make payments.

This can lead to confusion as the domain name differs and can concern customers for security reasons. So, you have to make sure to offer a redirection-free payment experience for your customers.

Once done with the shopping, all customer wants to do is get done with the payment as quickly as possible.

Keeping this in mind, you have to provide a simple checkout page with minimum distractions.

The information to be filled by customers should be as minimum as possible and the instructions to proceed with the payments should be kept simple and short.

A good practice is to customize the checkout page with the business’s branding guidelines.

If the checkout page looks different from the rest of the website, customers may get skeptical.

Also more simple the checkout page, the more easily you can fix the errors if the page encounters any.

Losing customers due to the complicated payment processing can be one reason behind the low conversion rate during the checkout process.

So, if you want to improve the payment processing for your customers, opt for Lyra and we will take care of all your payment requisites along with the processing.

Lyra is India’s one of the most secure payment processing service providers.

For over a decade, Lyra is providing businesses with tailor-made solutions and payment processing services for local as well as international business transactions.

Lyra’s unique technology reduces transaction time and enables cost savings. With a wide range of payment methods such as UPI, credit cards, net banking, etc. Lyra offers easy-to-integrate and seamless payments processing solutions.

All of Lyra’s solutions are PCI DSS compliant and follow the government’s data security guidelines.

Therefore, sign up with Lyra as soon as possible to receive the fastest merchant onboarding time and a one-of-a-kind payment processing solution for your company.