Most businesses need a payment gateway to take online payments. A payment gateway is a service that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar businesses. It is the equivalent of a physical point of sale terminal located in most retail outlets.
There are many payment gateway options available, so it’s important to choose the right one for your business. The top payment gateway for your business will depend on a number of factors, including:
- Your business model
- The types of payments you need to accept
- Your sales volume
- Your average transaction size
- Your business location
To help you choose the best payment gateway for your business, we’ve compiled a list of the top options available.
1. PayPal
PayPal is one of the most popular payment gateways used by online businesses. It allows customers to make payments using their credit cards, debit cards, or bank account. PayPal also offers a number of features that make it an attractive choice for online businesses, including:
- No setup fees or monthly charges
- No need to have a merchant account
- Fast and easy to set up
- Accepts major credit cards and debit cards
- Can be used in over 190 countries
- Provides buyer protection against fraud
- Offers a mobile app for making payments on the go
If you’re looking for a payment gateway that’s fast, easy to use, and accepts major credit cards, then PayPal is a good option for your business.
2. Stripe – Payment Gateways
Stripe is a payment gateway that allows you to accept credit card payments on your website. It is one of the most popular payment gateways available and is used by many businesses of all sizes.
Why use Stripe?
There are many reasons why you might want to use Stripe as your payment gateway. Some of the main reasons include:
- It’s easy to use – Stripe is very easy to set up and use, even if you’re not a tech-savvy person.
- It’s affordable – Stripe is one of the most competitively priced payment gateways available.
- It’s reliable – Stripe is a very reliable payment gateway and is trusted by many businesses.
How does Stripe work?
When a customer makes a purchase on your website, the payment is processed through Stripe. Stripe then transfers the funds to your bank account.
3. Authorize.Net
Authorize.Net is a payment gateway that allows businesses to accept credit card and electronic check payments online, through a mobile device, or in person. Authorize.Net also offers solutions for fraud prevention, recurring billing, and invoicing. businesses of all sizes can benefit from using Authorize.Net as their payment gateway solution.
Authorize.Net is one of the most popular payment gateway solutions available today. Over 400,000 businesses worldwide use Authorize.Net to process credit card and electronic check payments. Authorize.Net is a division of CyberSource Corporation, which is owned by Visa Inc.
There are many reasons why businesses choose to use Authorize.Net as their payment gateway solution. Authorize.Net is a reliable and trusted company that has been in business for over 20 years. Authorize.Net is also one of the most affordable payment gateway solutions available, with plans starting at just $25 per month.
4. 2Checkout
2Checkout is a popular payment gateway that allows businesses to accept online payments. The company has been in operation for over 15 years and is one of the most trusted names in eCommerce. 2Checkout offers a wide range of features and options that make it an ideal choice for businesses of all sizes.
One of the key features of 2Checkout is its flexibility. The gateway can be integrated with a wide range of shopping carts and eCommerce platforms. This makes it easy for businesses to start accepting payments through 2Checkout. The company also offers a number of payment methods, including credit cards, debit cards, and PayPal.
2Checkout is also known for its excellent customer support. The company offers 24/7 support via phone, email, and live chat. This means that businesses can always get help when they need it.
5. Amazon Pay
Amazon Pay is a payment gateway that allows you to accept payments from customers who use Amazon Pay. It is similar to other payment gateways such as PayPal or Stripe.
To use Amazon Pay, you will need to create an account and then add a few lines of code to your website. Amazon Pay is available for websites in the US, UK, Germany, France, Italy, Spain, and Japan.
When a customer makes a purchase on your website, they will be asked to log in with their Amazon account. Once they have logged in, they will see their shipping address and payment method from their Amazon account. They can then confirm the purchase and the payment will be processed by Amazon Pay.
These are just a few of the many payment gateway options available. To learn more about each option, please visit our website or contact us today. We’ll be happy to help you choose the best payment gateway for your business. Thank you for choosing the Payment Gateway Centre!