Best pay channels for the electronic store in Egypt 2023 - Trinavo

The variety of propulsion methods for electronic stores is essential to their success; this diversity has helped to meet the willingness of all customers in terms of payment, and to respond to the strong approach of the market to electronic payment, which has become the best means of paying a wide range of Egyptian agents.

The article discusses the best payment channels for the e-commerce in Egypt for the current year, the approximate prices and features of these channels and, finally, some advice and guidance that you can follow when selecting payment channels for the e-commerce in Egypt.

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The multiplicity of e-commerce payment channels follows a disparity in prices and costs resulting from this choice depending on the different services provided by each service; prices range -- roughly -- from 2.75% of the collection amount to 2.9% of the total transaction value.

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How do you choose the appropriate pay channel for your e-commerce?

How do you choose the appropriate pay channel for your electronic store?

The choice of a proper and better payment portal is a prerequisite for ensuring that your clients are tested to return to your shop and buy again, and create a sense of loyalty to you and to your store, but it is a difficult challenge to achieve this; this is characterized by a permanent development that makes it not easy to keep up with.

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To make it easy for you, take these six points into account when selecting the appropriate payment channel for your e-commerce:

• The cost to be paid shall be commensurate with the service to be received.
• To support States and their currencies.
• The e-commerce portal should be expanded, safe and secure the data of your clients adequately by taking into account information safety standards such as PCI-DSS
• The payment process should be simple and accessible to all mobile devices and networks to ensure satisfactory experience for your clients.
• The pay portal should support the e-invoice service, all types of payment, e-mail texting to clients and smart management of reimbursements.
• The supplier should provide immediate customer service to your clients to resolve all possible technical problems immediately.

Best pay channels for the electronic store in Egypt

Egypt is one of the most important Arab States in adopting electronic payment methods in response to its members ' e-payment orientation and a better alternative to traditional methods of payment.

Before you choose the appropriate electronic pay channel for your store, think about the following questions:

• What's the cheapest payment gate?
• Are there hidden costs?
• How long does it take to process money?
• How much are the reimbursements?

In this paragraph, we review the most important 6 electronic payment channels in Egypt

1- Fawry

[Fore] (https://www.fawry.com/ar/) is one of the most important electronic payment channels in the Egyptian market.

• Provides immediate bay service that supports payment of bank cards of all kinds.
• Immediate service provides cash payment advantage at its approved centres.
• An estimated amount to one pound shall be cut off for each transfer through immediate service.

2- Paymob

The fame [Pay Mob] (https://paymob.com/ar.html) in Egypt as one of the most important electronic pay channels is the many advantages it offers to its customers, among others:

• The advantage of interfering.
• Supporting different payment methods such as: credit card, electronic governor.
• The commission rate is 2.75% of the collection.

=3- Kashier

The use of [Kashier portal] (https://www.kashier.io/ar/home) as an electronic means of payment among Egyptian agents is common:

• Easy transfer of funds by letter or receipt.
• The possibility of receiving money through interneck cards, an advantage card, discount cards via online payment, or an electronic fund-raising machine.
• Reimbursement of all types of invoices and provision of different tools to manage the account on the portal.
• The commission is estimated at 2.85% of the amount collected/earned with a discount of £3 with each transfer.

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[Waterk] (https://fawaterk.com/arabic/) is one of the electronic means of payment also known within Egypt.

• The possibility of sending and receiving funds from credit cards and electronic governors.
• Easy and flexible transfers.
• Electronic pay for all commercial locations.
• EQP 2.99 per transaction without any additional charges on invoices.

=5- Easykash

[The Izzy Cash portal] (https://www.easykash.net/) differs from other propulsion gates in the mechanism of action:

• Transfer of funds in different ways from those in which they are known through electronic governors and different pay gates.
• Money shifted through a link between the gate and the client.
• A commission ranges from 2.5% to 3.5, without monthly expenditure on service.

###########=6- Venmo

[Finmo] (https://venmo.com/) Application of the Babal Bank, adopted as an electronic payment tool in Egypt.

• Control of transfers of funds.
• Payment of electronic locations through the service application by linking the client ' s account to a bank card or bank account.
• Access to all benefits of service and payment to all stores and sites.

See also: [Comprehensive evidence of the establishment of a free electronic store in Egypt] (https://trinavo.com/category/%d8%d9%84%d9%8%d8%8%d8%8%d8%b8%d8%8%d8%8%d8%8%d8%8%8%d8%8%8%8%d8%d8%9%d%8b%d8%9%d8b%d%8%d%8bd%8%8bd%9%8b%d%d%8%d%8%8%8bd8%8%8%8%8b%d%d8%d%d8%d8%d%d%8%8bd8%8%d%8%8bd%d%8%d%8%8%8bd%8%8%8%8%8%8%d%d8%d%d%d%8%8%8%8%d%d%8bd%d%8bd%8%d%8%8%8%

The importance of multiple channels of payment at the electronic store in Egypt

• Increased number of transfers to the electronic store with multiple channels of payment.
• Creating customers ' feelings of trust and trust as concerns of online payment increase.
• To attract clients by creating an impression on your clients of modern techniques in payment methods.
• Reduce the rate of reversal of procurement decisions from your store with different payment methods.

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