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Step-by-Step Guide to Setting Up Payment Processing for Your Online Store

September 17, 2024

Payment systems and services for online stores offer business owners many advantages. Firstly, they greatly enhance convenience for customers, which, in turn, contributes to increased sales. The ability to pay for goods and services online attracts more buyers who prefer shopping from the comfort of their homes. This is especially important in today’s fast-paced world, where time is a valuable resource.

Secondly, a payment system significantly speeds up order processing. All transactions occur instantly, allowing orders to be shipped to customers promptly. This reduces the likelihood of delays and payment-related errors, increasing buyer trust and encouraging repeat purchases.

Another benefit is the expansion of your sales geography. By enabling payments on your website, you can accept payments not only in the local currency but also in foreign currencies. This opens doors to international markets, which is particularly important for businesses looking to grow beyond their home country.

In addition, online payment services provide a high level of security. Modern data encryption technologies and strict security protocols minimize the risk of fraud, protecting both sellers and buyers. This creates favorable conditions for building long-term, trust-based relationships between the store and its customers.

How to Choose a Service for Payment Gateway Integration

  • Check the provider’s reputation: Review feedback and ratings from other users. The payment gateway should be proven and reliable to ensure uninterrupted payment processing.
  • Ensure the payment gateway supports payment methods popular among your customers: The more options, the higher the chances of a successful transaction.
  • Carefully examine the fees charged for payment processing: Compare rates among different providers and assess how they will affect your profit. Look out for hidden fees or additional charges for international transactions.
  • Make sure the payment system is easy to integrate with your e-commerce platform: Some providers offer easy-to-use plugins or APIs that speed up the integration process.
  • Data security should be a priority: Check if the payment services use modern encryption technologies and whether they comply with security standards like PCI DSS. This is crucial to protect against fraud and data leaks.
  • Choose a provider that offers 24/7 technical support: In case of transaction issues, it’s important to have access to prompt assistance.

How to Connect the Oropay Online Payment Service to Your Online Store

To connect the Oropay payment system to your online store, follow these steps:

1. Onboarding in Oropay: Go to the official Oropay website and submit a request to connect the payment service. After that, an Oropay client manager will contact you to clarify the required documents for the KYC process and provide links for verifying the directors and beneficiaries. Simultaneously, pricing terms are negotiated, and a contract is signed between the companies.

2. Integration with your online store: You will be provided access to the Oropay payment interface. Log in to your account and find the developer or integration section. Download the SDK or use the provided API to integrate the service with your online store. If your store operates on popular platforms like OpenCart, Magentoor WooCommerce, there is a plugin available. Simply install it and configure it according to the instructions.

3. Setting up payment methods: Determine which types of payment processing you want to accept on your site. In the Oropay interface, configure the appropriate payment methods and specify the necessary parameters.

4. Testing: Perform test transactions to ensure the system works correctly. Check how successful and unsuccessful payments are processed and ensure notifications are being sent correctly.

5. Launch: After successful testing, activate the payment service on your online store. Inform customers of the new available payment methods.

6. Monitoring and Support: The Oropay payment interface allows you to check and monitor transactions on your site in real-time, as well as provides access to analytics data. Contact Oropay support if you have any questions or issues.  

By following these steps, you can quickly and seamlessly connect the Oropay payment service to your online store and start accepting online payments.


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info@oropay.com
+357 25 752 100
23 Agias Paraskevis Street, 8th floor,
2022, Nicosia, Cyprus
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info@oropay.com
23 Agias Paraskevis Street, 8th floor, 2002, Nicosia, Cyprus
+357 25 752 100
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Oro Pay Ltd (license number 115.1.3.23/2018) is authorized as an Electronic Money Institution under the Electronic Money Law of 2012 for the issuance of electronic money. OROPAY is a registered trademark/ brand name of Oro Pay Ltd. All rights reserved © Oro Pay Ltd 2023.
Oro Pay Ltd (license number 115.1.3.23/2018) is authorized as an Electronic Money Institution under the Electronic Money Law of 2012 for the issuance of electronic money. OROPAY is a registered trademark/ brand name of Oro Pay Ltd. All rights reserved © Oro Pay Ltd 2023.