2D Payment Gateway – Information and Sites

In this modern world, many people and organizations are doing different businesses at different scales, trying to provide some product or service to their customers. Many businesses, regardless of being traditional or modern, have been adopting new ways of accepting payments from customers, in the form of online/cashless payments.

If you are considering starting accepting payments online through your website or application, this is where you need a payment gateway. You need to select a suitable payment gateway, that benefits you and is good for the longer term since you need to rely on that for every payment, and it must suit your needs.

In this article, we are going to explore payment gateway, and mainly we will focus on the 2D payment gateways, in a pretty understandable way. If you have come to read here about a 2D payment gateway, you are most probably in need of one, and we will try to provide you with as much valuable information as we can, in simple language, so that it could benefit you. without any further delay, let’s get into it.

Table of contents

• What is a Payment gateway?
• What is a 2D payment gateway?
• Benefits of a 2D payment gateway
• Who should use the 2D payment gateway?
• 2D payment gateway – the downside
• 2D payment gateway providers – sites list
• 2D payment gateway

What is a Payment Gateway?

Now, we know that to be able to accept online payments through our website or application, we need a payment gateway. So, even before we move to understand what is the 2D payment gateway, it would be better to understand what is a payment gateway.

A payment gateway can be considered as something that connects your bank account to some platform where you want to transfer the money. In simpler terms, if you are a businessman, you would use a payment gateway to accept debit or credit cards (or other modes) for purchases from customers. For example, when you buy something from Amazon, you come across a payment gateway, where you make payment while you are making the purchase.

You can explore more about the payment gateway, and also about what different payment options are available through the payment gateway, while we now move to explore what is a 2D payment gateway.

What is a 2D Payment Gateway?

2D payment gateway, or a 2 Dimensional secure payment gateway, as the name suggests, is a type of payment gateway, where the customers are allowed to make payments online, without any additional security check, or a Time Password (OTP). So, to make a payment, the customer only needs the credit/debit card number, the expiry date of that card, and the CVV.

In such a case, the payment amount is deducted from the linked bank account, without needing any additional security check.

You might have used or seen such a payment process, where, when you are purchasing some product or service, you choose to enter the credit/debit card details, and the payment is done.

Benefits of a 2D Payment Gateway

• Easy to Integrate.
• Transactions in multiple currencies.
• Suitable for High-risk business
• Fast approval
• Easy payments

and some other benefits.

These are some benefits of using a 2D payment gateway in your website or application for online payments through credit/debit card. If you as a business person, are willing to offer the payments online through your website or application, you can determine whether or not, should you go with the 2D payment gateway.

Who should use a 2D Payment Gateway?

Speaking in simple terms, the 2D payment gateway is a suitable choice for businesses of all ranges, regardless of whether being small-scale, medium-scale, large-scale, or being traditional or modern or being a start-up, or a well-established multinational company.

The thing is that when someone is using the 2D payment gateway, the payment process is very easy, which just involves entering the credit/debit card details from the customer end. research says that many customers cancel their purchase, just if the checkout process is complicated. So, to make the transaction process smooth, and simplify the process, many people and organizations choose a 2D payment gateway.

2D Payment Gateway – a downside

2D payment gateway, as it is defined, is a payment gateway that allows customers to make online payments without any additional security check. it just involves entering the credit/debit card details from the user end. But the thing is that the 2D payment gateway lacks security since there is no additional layer of authentication, to validate the payment. Due to this, there is a risk involved, if someone has the credit card/debit card details from some customer, they can be misused.

It does not mean that the 2D payment gateway is insecure because of the lack of a security layer. But it prevents many users from using such payment platforms. Due to this, an extra layer of security is required to be added. You can explore something called a 3D payment gateway, which adds a layer of security to the transactions, sending a unique authentication code through SMS or email, and the transaction only gets processed if the code is verified.

2D Payment Gateway sites list

If you as a business person, want to offer online payments through your website or application and are searching for a 2D payment gateway, since it fits you, you can find many different payment gateway providers, who provide a 2D payment gateway. Here, we have listed some of the payment gateway providers, that provide the 2D payment gateway facility.

• WebPays
  If you are a merchant, and you want to go with the 2D payment gateway, WebPays is a reliable all-in-one solution for accepting payments through credit/debit cards from customers, all over the world.
• EsecurePay
  The EsecurePay is a well-known platform as a 2D payment gateway provider. They offer a 2D payment gateway for businesses of all ranges, from small-scale to large-scale, or start-ups to well-established companies at the best price.
• EPay
  EPay Global is a good platform when it comes to payment solutions. They provide service to all ranges of businesses, from start-ups to a well-established companies, regardless of whether your business is low risk or high risk, and it helps you expand your business globally.
• Corefy
  Corefy is a payment orchestration platform for online businesses and payment institutions. It is a reliable solution when it comes to a 2D payment gateway. It allows merchants to accept online payments from all over the world.

Here are some of the other 2D payment gateways that you might want to give a try.

• Razorpay 2D payment gateway.
• Payflow payment gateway.
• Instamojo payment gateway.

You can explore more payment gateways that are suitable for you, and use the ones that you prefer. Please note that we are not promoting any of the payment gateways, and you can use the ones that you think are the best for you.

What is a 3D Payment Gateway?

While we have focused on 2D payment gateways more than anything in this article, you might want to reconsider your choice of using a 2D payment gateway, to a payment gateway, which is more secure, but hassle-free at the same time, because the security of payments is more important than anything.

So, there is something called a 3D payment gateway, which is more secure than the 2D payment gateway, that we discussed above. In simple words, the 3D payment gateway acts similarly to a 2D payment gateway, but here, there is an extra verification step, to improve the security and the authentication of the payment process. In this process, an OTP is generated before deducting the amount from the bank account. This extra layer of security is something that makes a 3D payment gateway a choice for many.

So, whether to use a 2D payment gateway or a 3D payment gateway should be the merchant’s decision. It’s not like the 2D payment gateway isn’t safe, but it’s a fact that the 3D payment gateway is adding a layer of security, meaning more protection.

Conclusion

When you are willing to accept online payments through your website or application from customers, a payment gateway is needed. We have seen in simple terms, what is a payment gateway. Also, we have seen much about the 2D payment gateway. As a business person, when you are willing to offer payments online for customers, through your website or application, it is important to choose the right payment gateway.

We do not promote or recommend any payment gateway, and the above-mentioned list of payment gateway providers is just for your information. We tried to understand the 2D payment gateway in much simpler terms. This article is just for information purposes.

FAQ About 2D Payment Gateway