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Your Revolutionary Payments Solution is now in Kuwait!

Tag: paytabs

Your Revolutionary Payments Solution is now in Kuwait!

Your Revolutionary Payments Solution is now in Kuwait!

Kuwaiti merchant looking for a local and global payment solution for your online business? Look no further!

PayTabs has now launched its services in Kuwait following its efforts to expand its GCC reach. Kuwaiti merchants will now be able to enjoy a premium online payment experience using the latest technology that PayTabs offers.

Get your payments completed using local and international cards, and payment alternatives. Merchants will also be able to test out our free demo account to experience the simplicity and innovative approach PayTabs is best known for. With the support of 168+ currencies, payments from anywhere in the world can be reached to your business at anytime. You can also settle all your payments in your local currency or in any currency you choose!

Furthermore, Kuwaiti merchants can enjoy our checkout services such as Express Checkout, PayPage and Recurring Payments to guarantee a truly seamless online shopping experience for your customers.

The starting process has never been simpler. All you have to do is to sign up for a free demo account, test how each function supports your business and payments, once you have been familiarized with the tools and functions, you may request to activate your account to “Go-Live” and  fully power your online business with PayTabs to start accepting payments.

Sign up today for FREE to explore the world of payments and offer your customers the best checkout experience using PayTabs. In the meantime, to keep up with the latest news and trends, you can sign up for our blog alerts here.

Technology: A Key Differentiator for PayTabs

Technology: A Key Differentiator for PayTabs

“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke (Author)

The world of payment solutions has evolved dramatically in recent times, given the growing need of global e-commerce. Most merchants nowadays require a comprehensive solution to take care of their payment needs, whether it is in a single store environment or a marketplace environment. Even offline merchants need payment solutions to effectively manage their orders, especially in the context of international payments. The modern day customer expects no short of magic while paying for a product online, irrespective of the environment. Thankfully, the technology has evolved drastically in recent times to create nothing sort of magic for customers, irrespective of their expectations.

The payments landscape has broadened as the world has shrunk and the need for multiple currencies, alternative payments, split payments, recurring payments rolled into one solution has become an imperative for merchants of all sizes. Apart from the different features in a payment solution, what is required is the ability of the solution to integrate in various ways and provide a wide range of integration capabilities for multiple shopping carts, in the context of e-commerce.  Apart from features of a payment solution, an ideal solution should have a secured technology backend.

In the light of the growing e-commerce landscape, PayTabs has the technology to add business value for any merchant. Key elements of the technology are as follows:

  • 160+ Currencies accepted on the platform.
  • Whether it’s multiple channels, schemes, acquiring banks, multiple shopping cart platforms, security infrastructure and systems, risk management and merchant services, we have you covered in all aspects in the context of building, operating and growing your e-commerce business.
  • Dual layers of fraud management infrastructure, dedicated fraud and account management.
  • 130+ alternative payments options designed to intelligent recommend you options that support your overall business goals.

To fully experience the power of the PayTabs solution, sign up for a free demo or contact us for more information. Feel free to provide insights or comments below.

Starting Your E-Commerce Business: Key Points

Starting Your E-Commerce Business: Key Points

Worldwide e-commerce sales is projected to grow to $4.5 trillion* by 2021. That’s almost double the current value. While at the face of it, the value seems mind boggling but it doesn’t come as a surprise because globally, e-commerce has been witnessing staggering growth, propelled by the sprouting of various e-commerce startups across the world.

Considering the growth of the industry, it is a lucrative proposition to start an e-commerce enterprise. Hence, if you have an idea and are willing to navigate through the challenges of building and running your own e-commerce enterprise, here are the key points you need to keep in mind:

  • Name & Registration: Choose a name for your business that separates you from the competition. Do a corporate name search to ensure that the name you have chosen is not in use. You would need to register the name and select a business structure for your startup, it can be a sole proprietorship/partnership/LLC/Corporation.
  • Domain name & Website: Ideally, your business name should be the domain of your e-commerce site. If the domain is not available, chose a domain name, that’s easy to spell and pronounce.
  • Banking Regulations & Identification number: Make sure you have your company’s identification number, as per the respective country’s law and ensure that you open up your company’s bank account. These are generally for tax & corporate records purposes.
  • Business Licenses and Permits: Check the operating licenses that you require to run an e-commerce business in your country and ensure you have all the licenses in place before starting business operations.
  • Find the right vendor: If you are going to running a marketplace, then you wouldn’t need a vendor for products that you would sell. But if it’s a standalone e-commerce platform, you would need a long term commitment from a vendor for supplies/raw materials or products.
  • Inventory: Make sure you have stocked your inventory. It would help tremendously, when your orders come through. You should be able to provision for x number of order and ship on time.
  • Logistics and Delivery: It is imperative for any e-commerce to have the logistics and delivery sorted. It is not only delivery for your customer orders but the delivery of your supplies that need to be streamlined as well.
  • Technology & Software: Having the right shopping cart plugin or building your own shopping cart is a must for any e-commerce site, the experience of your customer while shopping on your site, depends on your cart. Additionally, you need to ensure that you gradually invest in productivity software such as email marketing, CRM, etc…
  • Marketing: To start off with, use all digital marketing mediums, especially social media to spread the word about your business and drive sales. Prepare blog posts and social media properties well in advance.
  • Compliance: Your business will grow at the speed of light, but you must be mindful of the fact that you follow the regulations as per compliance, i.e. reporting annual results or quarterly results to regulators. Even the annual fees for your business permits and licenses. Do not ignore any aspect of being a compliant and legal e-commerce site.

Last but not the least, for transactions to occur on your e-commerce site, you would need a payment gateway to be integrated with your website. Sign up for a free demo to unlock the value that we can provide for your e-commerce venture, as a comprehensive payments solution provider.

*Data Source: Statista

PayTabs: Adding Value to Your Business

PayTabs: Adding Value to Your Business

In one of our earlier post, we touched upon the factors that set PayTabs apart as a payment solutions company. We looked at the existing gaps in the payments processing industry and how does PayTabs bridge the gap.

Today, we are looking specifically at some of the business problems that PayTabs can solve for your business, as a comprehensive payments solution company:

  1. Global Business: Your business attracts customers from across the world and it is imperative for you to have a payments solution that processes multiple currencies and offers a seamless experience with your customers. Well, PayTabs has you covered as we can process 160+ currencies on our platform.
  2. Grow your business: Whether it’s multiple channels, schemes, acquiring banks, multiple shopping cart platforms, security infrastructure and systems, risk management and merchant services, we have you covered in all aspects in the context of building, operating and growing your e-commerce business.
  3. Data Security: In a world that is constantly threatened by cyber-crime, it is imperative for you to ensure that you customer’s data is protected. We have the highest level of PCI-DSS compliance apart from having dual layers of fraud management infrastructure in place.
  4. Technology Worries: When you are setting up your e-commerce business, you are determined to get the technology right, with respect to every aspect of your business. We understand technology and the need for agile delivery, hence we have the ability to quickly integrate our solution to your backend, irrespective of the type of backend you have.
  5. Build Competitiveness: We understand that the e-commerce industry is highly competitive across the world; we can help you grow your business & help you become competitive and profitable at the same time. We believe in complete transparency and hence we do not have any hidden charges.

To experience the power and the flexibility of our solution, you can sign up for a free demo or contact us. Moreover, if you wish, you can subscribe to our blog alerts to keep abreast with the latest from the world of payments and e-commerce.

PayTabs: Not Just Any Payment Gateway

PayTabs: Not Just Any Payment Gateway

“People are the best show in the world. And you don’t even pay for the ticket.” – Charles Bukowski

There are two elements in that quote which resonates with the core business philosophy of PayTabs, i.e. People and Payments. PayTabs began as an idea with the sole mission to create a simple and secure platform for people and organizations to transact around the world.

At the heart of it, the mission seems simple enough, after all people are buying and selling in the new digital economy all the time. But the faultlines begin to appear once you deep dive into solving the problems of the payments processing industry, fuelled by the rapid e-commerce growth globally.

The problems are pretty striking when you look at it from a bird’s eye view:

  • Gap in the market in the context of multiple currencies being accepted as payments by an ecommerce platform.
  • End to end authorization, technology, infrastructure and services in the payments space being offered by a single solution provider: There aren’t that many players.
  • Security and Fraud Prevention is a major concern for the industry.
  • Not many alternative payments options available with majority of competitors in the industry.
  • Last but not the least, hidden charges by many competitors brings ambiguity to the minds of the merchants.

In the view of the above problems, PayTabs has created products which solve all of the above problems and thereby providing a breakthrough for the industry:

  • 160+ Currencies accepted on the platform.
  • Whether it’s multiple channels, schemes, acquiring banks, multiple shopping cart platforms, security infrastructure and systems, risk management and merchant services, we have you covered in all aspects in the context of building, operating and growing your e-commerce business.
  • Dual layers of fraud management infrastructure, dedicated fraud and account management.
  • 130+ alternative payments options designed to intelligent recommend you options that support your overall business goals.
  • No hidden charges whatsoever, we are completely transparent in our pricing.

For further insights on how we can truly add value to your business, visit our site. Moreover, you have an option of signing up for a demo to experience the true power of our technology.