We are living in the age of technology. Here, are numerous methods for providing TV content. IPTV is one of the most popular and best ones. If you are in the IPTV business, you know how important is a payment gateway for IPTV.
IPTV is widely used with subscription-based telecommunication networks. Nowadays, the subscription industry is booming all over the masses. To make the IPTV business successful an Individual ought to need a payment gateway IPTV that allows accepting the credit/debit card business. IPTV payment gateway is not the same as the traditional payment gateway.
To know more about the IPTV payment gateway continue reading it. Here, you can know what factors are more important for the IPTV business and how the IPTV gateway fulfills all the requirements of your business to take it to the next level of success.
IPTV payment gateway for fast and smooth payment transactions
IPTV stands for Internet protocol television. It is the latest technology to watch television. It allows an individual to watch their favorite program with live streaming media.
When we talk about the past, technology like VOD was too expensive because at that time data cost was too high. But now the time has changed. Now, IPTV channels are streaming all over the masses due to the cheap bandwidth.
IPTV offers secure and reliable delivery for subscribers. Its service work in the form of Live TV, Video on Demand (VOD), and Interactive TV. IPTV uses the IP protocol to carry the audio, video, and control signals when used with IPTV. It also comes with dense switch networks.
The subscriber must pay using an IPTV payment gateway to view content that is broadcast using traditional terrestrial satellites. The subscriber browses and watches content that is presented in the media catalog.
The IPTV, or internet protocol television, not only transmits TV content over IPTV and internet protocol systems, but the global services have also provided IPTV with payment gateways so that it can function well and maintain a higher standard as more global cash enters the market. This benefit is accessible through the website.
Since some viewers do not pay their subscription fees, many card processors do not consider the IPTV payment gateways to be profitable, which places them in the category of high-risk payment gateways.
Why traditional payment gateway does not work?
As We have discussed above many viewers do not pay their subscription fees, due to which most of the payment gateway providers consider IPTV as a high-risk business. Many IPTV merchants lost their profit due to the account blocked on traditional payment gateway like PayPal. This is only one reason.
There is much more reason why IPTV is considered a high-risk business and are not work with the traditional payment gateway.
Why prefer an IPTV payment gateway?
IPTV allows their subscriber user of using multiple sets of television on a single platform. Due to this, multi-television can be connected in a hassle-free manner to a single connection.
With such advanced technology, the merchant can easily gain higher benefits when they prefer the payment gateway IPTV and IPTV merchant account.
Some of the reasons for using the payment gateway IPTV are –
Higher flexible transactions –
As IPTV transmitted the data through optic fiber. It means that it has speed with it. If the IPTV owner is using the IPTV merchant account and IPTV payment gateway then the payment becomes more flexible and in a hassle-free manner.
Easy currency conversion –
The major issue that customers face while making an online payment is no currency conversion calculator enables. If you are running a global business, you need to work on this issue.
As international customers when does not see their local currency on the websites, it becomes difficult for them to get trust and make the payments.
There are also chances that customers can move to the other platform where they can make the payment in their local currency. Hence, you will lose your customers.
So, it’s essential to have a currency calculator available on your site. Nowadays, most payment gateway offers you this advantage and offer your business to gain more profits.
Subscription payment processing –
Nowadays, most of you are using subscription payment options. In the IPTV sector, subscription payment options are most common. It allows charging the customer regularly.
App payments –
Nowadays, we all are using either the android app or the apple app to make payments. No one carries the cash to make the payments. So, the merchant needs to provide their customers with a suitable payment method. Today, every high-risk payment gateway supports mobile app payment.
Accept crypto-currency –
We all are familiar with the popularity of online streaming. Today, most users purchase a subscription through cryptocurrency. For this, the merchant has to integrate the payment gateway on their website which supports the alternate payment method. Many high-risk payment gateways allow making the payment via crypto-currency.
Credit card processing –
Making the payment via credit/debit card is most common. If your website has the option to make the payment via credit card then your customer can quickly and in a hassle-free manner subscribe to the OTT.
Which online payment gateway IPTV is best and why?
There are hundreds of payment gateway available nowadays. It’s critical to choose one of them. But before going with anyone, you need to do lots of research. Here, will make your task easy. We recommend you to go with the paycly.
As you know, Paycly is one of the best payment gateway providers that support all types of high-risk businesses. It is the latest technology payment gateway that provides their customer with all the benefits which we discuss above.
Let me introduce the features of Paycly so that you can easily understand why I am saying that it is one of the best high-risk payment providers.
- As Paycly offers a white-label payment gateway so while making the payment the customer does not have to redirect to another site. It allows the merchants to use their brand name on the payment process page. It also helps merchants to win their customer’s trust.
• It offers various payment modes including alternate payment methods (cryptocurrency, e-wallets, etc.)
• Paycly support international businesses and its best features are that it allows customers to make payment in their local currency.
• It provides an easy integration process without any fees.
• It provides excellent security services.
These are some of the reasons which make it best among all other payment gateways.
Final thoughts –
Nowadays, online entertainment attracts most customers. So, it is a great opportunity to make more money in the IPTV sector. But, to make your business more profitable you ought to need a payment gateway for IPTV. It allows your business to grow and make income.
Paycly is the best option for your IPTV business as it is a reliable processor according to your business need. This payment gateway is less expensive compared to any other payment gateway which supports the high-risk business and its integration is completely free.
We Paycly completely understand your business need and the value of your money. Our solution helps you to explore your business globally.
If you want to explore your IPTV business to the next level go with Paycly. For any queries, you can CONTACT US. Our team will help you.