The Pros and Cons of Using a Payment Aggregator for Your Business

 

In 2023, eCommerce represented about $5.8 trillion of total retail sales, and that number is only expected to go high every year. Being capable of streaming business online authorises you to connect with a large number of customers while lowering your overhead fee of renting space and paying employees. Yet, to achieve this, you require a reliable way to streamline payments. A payment aggregator allows mobile or online businesses to process payments without having a merchant account with a bank. Instead, payments are processed on your behalf by a third party.