When setting up an e-Commerce website in Trinidad and Tobago, it is very important to know what your options are in order to offer the customer secure payment options that are also convenient for you as a business owner.
So in this article I will introduce some payment methods that we usually set up already on the eCommerces websites of our clients in Trinidad and Tobago.
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Payment gateway options in Trinidad and Tobago
1. Wipay
WiPay is a secure, fully integrated payment processing platform for internet commerce, designed and engineered to help grow your business faster and more efficiently. Our platform allows anything connected to the internet to move money quickly, safely and at a low cost for the ‘banked’, ‘unbanked’ and ‘underbanked’.
Whether you’re looking to invoice customers on a recurring basis, set up an e-commerce store or an on-demand marketplace, facilitate a crowdfunding platform or simply make and accept payments online and in-person, do it all with WiPay.
WiPay allows individuals and businesses to accept payments via credit card, bank account and even cash vouchers online and in-person from Anyone, Anywhere, Anytime.
With WiPay, you can take your business online quickly and easily by downloading our FREE API’s. Open your WiPay account FREE of charge and send and receive payments via the internet.
WiPay uses industry-leading security standards.
WiPay is the number one digital payment platform in the Caribbean empowering people to accept and make payments online using all forms of payment in local currency.
2. First Atlantic Commerce (FAC)
First Atlantic Commerce, provide online payment solutions and international credit card processing for merchants, banks, and partners all over the world. They are a payment gateway that enables merchants to accept and process credit and debit card payments online.
They powerful and secure payment platforms enable businesses across many industries and geographies to implement multi-currency solutions on their web sites so that customers can select their preferred currencies in which to pay. They can facilitate merchant account solutions via direct relationships between clients and established acquiring banks around the globe.
The security features offered with (or independently of) international online payment solutions and merchant services ensure successful transactions for both companies and their customers, with minimal losses due to fraud. These security features of our international payment solutions include pre-authentication services, 3-D Secure™ payer authentication, and other risk management solutions. Kount is also available via our platform and helps you prevent fraud before it occurs.
3. Paypal
PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, PayPal Smart Connect or account balances, without sharing financial information.
PayPal has quickly become a global leader in online payment solutions with more than 325 million accounts worldwide. Available in 202 countries and 25 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages.
PayPal has received more than 20 awards for excellence from the internet industry and the business community – most recently the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People’s Voice Award for Best Financial Services Site.
Conclusion
These are the three payment methods that we recommend if you want to start managing an e-Commerce website; each platform has its own set of advantages, so everything will depend on your business’s current needs.
The good news is that an e-Commerce website can accept multiple payment methods, both online and offline.
Offline payments include cash on delivery, bank transfer, and pick up; all of these payment methods must be manually approved from the back-end.
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