Internet merchant accounts, electronic payment gateways and eCommerce in all forms continue to prove themselves as the way of the future.
According to Gulf News, Dubai e-government saw a huge increase in sales in 2009 due to the usage of electronic payment gateways that allowed users to make purchases in a number of different fashions from just about anywhere.
According to the article, “Recent statistics show that a total of Dh1.5 billion was collected from 1.4 million transactions that were processed in 2009 using Dubai e-Government’s electronic payment gateway, which is a secure and reliable platform for online payments. This means an increase of Dh500 million from the previous year in which Dubai e-Government collected Dh1 billion from around 1 million transactions.”
This is a serious increase, which is thought to be borne in the ease and simplicity of online sales, which help consumers and customers avoid long lines and the hassle of transportation to and from governmental departments (which are fairly notorious for being slower than most would hope).
Things will only become easier, more simplistic and thus generally better for the city as a whole as Dubai continues to strive toward a central e-platform that will be the base of more than eCommerce. It will include things like as easier access to governmental databases, which would allow for a greater number of citizens to quickly take a survey.
This is a great move for Dubai, as is proven through its collection of Dh500 million more than previous years simply with the implementation of eCommerce and an electronic payment gateway.
Internet merchant accounts are vital for companies (and even cities, as it turns out) that want to expand their sales futher than the doors of a store. While a brick and mortar store is always nice and will probably always retain some place in society (and can certainly be a good starting point), the Internet and thus eCommerce continue to reign supreme in the world of shopping.
As we reported, Crabtree and Evelyn managed to rise from bankruptcy via eCommerce. It truly is the future of business, and it is helping companies and cities throughout the world.
Having a strong electronic payment gateway is another vital aspect of eCommerce. As the Gulf News article states, “The payment service allows customers, whether an individual, company or department, to process payments through three methods: credit cards, e-Dirham and direct debit from the customer’s account, greatly saving time and effort while helping reduce long queues in government departments.”
That statement is the core of why they collected Dh500 million more in 2009.
We are proud to offer similar services. We have mobile solutions which allow for credit card processing from virtually anywhere with a connection to the Internet. And, these days, that’s just about anywhere.
It’s a brave new world, no doubt. But it can all be made simple and highly profitable with the help of a good electronic payment gateway.
Just look at Dubai.
Tags: credit card processing, ecommerce payment gateway, internet payment gateway, Online Payment Gateway
