When evaluating Payment Processing Software, what aspect do you think is the most important to look for?

One of the challenges of choosing a payment solution is to evaluate the final commission you'll pay for each transaction.

The reason for that is the multiple elements that determine the price. some of the things you'll need to look for are:

• Base processing fee


• international cards fee


• Currency conversion rate


• invoicing


• recurring payments commission


• Fraud and chargeback protection

Also, there are additional services that you need to take into consideration like:

• Sales Tax / VAT solution


• Order/subscription management platform (business data)

except pricing, I also recommend checking for:

• Payment methods available (type of cards, digital wallets, etc.)


• Vendor support reviews


• Credit cards authorization rate


• Available billing currencies


• Checkout experience


• Billing information required for processing payments (zip code, address, city are unnecessary except in specific countries)


• API documentation


• Marketing tools (Coupons, upsells, cross-sells, etc.)


• Software integrations