Common Mistakes to Avoid When Setting Up Your Payment Gateway

Setting up a payment gateway is one of the most sequential activities of starting or extending business in the digital economy of today's world. Nevertheless, the reality is many businesses get it wrong—to the expense of revenue loss, compromised customer experience, or even non-compliance. Here at Spay Fintech , we've signed up thousands of businesses, ranging from startups to enterprises, and we know what works and what generates tremendous friction. This guide will teach you how to steer clear of the most common mistakes so your payment gateway integration is smooth, secure, and scalable. Not knowing your business needs mistake. Jumping headfirst into a payment gateway solution without first determining what your business really needs. Why it hurts: You'll lose money, lose important features (like recurring payments,) or adopt tools that don't fit your approach. Neglecting User Experience (UX) at checkout mistake: A slow, multi-step, or cumbersome checkout experi...