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KENYA TRADE NETWORK AGENCY (KENTRADE) Embankment Plaza First Floor P.O. Box 3694300200NAIROBI Tel: +254 020 2614896; email: info@kentrade.go.kePROVISION OF PAYMENT GATEWAY SERVICES FOR THE KENYA TRADENET
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How to fill out provision of payment gateway

01
Step 1: Choose a payment gateway provider that suits your business needs.
02
Step 2: Create an account with the selected payment gateway provider.
03
Step 3: Provide the necessary business information and documentation requested by the payment gateway provider.
04
Step 4: Integrate the payment gateway into your website or online platform using the provided APIs or plugins.
05
Step 5: Test the payment gateway integration to ensure it is working properly.
06
Step 6: Set up the desired payment methods and configure the settings according to your business requirements.
07
Step 7: Implement security measures to protect customer data and ensure secure transactions.
08
Step 8: Monitor and manage the payment gateway activity, including transaction records and reporting.
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Step 9: Stay updated with the latest features and updates offered by the payment gateway provider.
10
Step 10: Continuously optimize the payment process to enhance customer experience and increase conversion rates.

Who needs provision of payment gateway?

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E-commerce businesses that sell products or services online.
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Small businesses looking to accept online payments.
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Traditional brick-and-mortar stores transitioning to online sales.
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Subscription-based businesses that require recurring billing.
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Non-profit organizations accepting donations online.
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Freelancers and solo entrepreneurs who want to offer online payment options.
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Businesses operating in global markets that need to accept international payments.
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Any business or individual looking to provide a convenient and secure payment option for their customers.
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A provision of payment gateway refers to the arrangement and mechanisms that enable secure electronic transactions between a merchant's website and the payment processing network.
Businesses and merchants that utilize a payment gateway service to process online transactions are typically required to file for the provision of payment gateway.
To fill out a provision of payment gateway, a business needs to gather necessary financial information, complete the required forms with accurate payment and business details, and submit them to the appropriate payment processing authority or gateway provider.
The purpose of provision of payment gateway is to facilitate secure and efficient online payments by encrypting sensitive data and providing a smooth transaction process for both merchants and customers.
The information that must be reported includes business identification details, transaction volumes, types of transactions processed, security measures in place, and any applicable financial data related to processing fees.
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