There is a growing trend of online eCommerce website development and the selling of goods and services online in the South African market. Finally South Africans are becoming more and more comfortable with online purchases and using payment gateways, as the market begins to mature a little. There are many companies international and local that have been waiting for this bubble to burst so that they can grow their market share with online sales.
There are various payment gateways available and the choice of which gateways you select will depend on which payment methods your customers are most comfortable using and interacting with. Another important factor with regards to this payment gateway choices is the cost per transaction or per month that the given payment gateway charges. Paypal, one of the better established gateways starts at about 1.5 % per transaction.
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