Top 7 payment gateway providers in Uganda
When customers purchase your products or services using their debit or credit cards, the payment processing company, or a payment processor, handles the transactions on your behalf. It relays information to your bank and the customer’s bank and verifies whether the transaction is valid or not. Simply put, a payment processor functions as the bridge between sellers, buyers, the card networks, and the banks to make the buying and selling experience a smooth one for all the parties involved. If you’re an online merchant, the right payment processing platform can be a godsend. It can accept numerous types of payments, and, importantly, it ensures that you get paid. There are five key things to look for when you are shopping for a payment processor.
Selecting a payment gateway that accepts a variety of different types of payment widens your sales net and makes your business seem more credible. Almost 60% of customers will abandon a transaction if their preferred payment method isn’t accepted. In addition, 80% of customers feel safer submitting their credit card information if they see trustworthy card logos (Visa, MasterCard) displayed prominently in an online store.
Let’s list out some of the white-labeled players who understood the market and brought up a great solution in Uganda:
#1 R Pay Gateway:
R Pay Gateway comes with a customizable white-labeled digital payment solution launched by Roamsoft technologies that aim to leverage the Uganda market by a reliable and seamless payment system via a digital payment app. It serves all your business needs from the SMEs, freelancers, homepreneurs to the high-level enterprise
#2 Payswiff:
Payswiff offers a cost-effective, NFC Chip + PIN solution that provides hassle-free transactions. For merchants, it provides a secure, simple, and affordable payment solution with advanced features to manage their stores, engage and reward their customers, track sales apart from accepting payments.
#3 Hips:
Hips is an omnichannel ePayment solution that helps small businesses to cater to all their payments and facilitate customers across different business verticals. Through Hips White Label Payment Gateway, leading Acquirers, Payment Service Providers, and POS Software Providers can easily evolve with the drastic, rapidly changing payments industry.
#4 Paycaps:
Paycaps is an outstanding payment solution for businesses and online stores to quickly and safely receive online payments. It offers the widest choice of payment methods and schemes, has a team of experts supporting your business, and features options for SaaS or processing.
#5 Paymentz:
Paymentz provides a one-stop payment service to acquirers, banks, payment service providers, ISOs, and fintech. It offers the widest choice of payment methods and schemes, has a team of experts supporting your business, SMEs, freelancers, homepreneurs to the high-level enterprise
#6 Ixopay:
IXOPAY is a best-of-breed, highly scalable, and PCI-certified payment orchestration platform for White Label Clients and Enterprise Merchants. They offer services for QR payment, Mobile/web payment, payment terminal, etc…
#7 Decta:
DECTA provides a flexible payment processing platform to support your online payment needs in a broad variety of industries. DECTA Smart White-Label Card Issuing Solution ensures operation and interoperability of smart cards throughout the payment systems and facilitates clearing and settlement processes.
