Launching an online store using platforms such as WooCommerce requires careful planning, especially when it comes to choosing the right payment gateway. This is particularly crucial for products like electronics, where profit margins are usually tight—often just 3% to 4% after deducting production costs.
With such thin margins, transaction charges from payment gateways can seriously affect your net profit. That’s why it’s beneficial to work with a provider that offers zero or very low processing fees.
One such cost-effective solution is PhonePe.
PhonePe enables businesses to accept payments without paying transaction fees, making it a smart option for startups and small-scale online sellers looking to improve their bottom line.
Whether you’re starting fresh or optimizing your current store, incorporating PhonePe can help you cut unnecessary costs and offer a seamless payment experience to your customers.