Here we discuss the most usable Top 7 payment gateway for your eCommerce business, we hope this article will help you much. Take time and read this full article it will give you a proper net and clean experience. When you read this (Top payment gateway for eCommerce business) full article then you know how they work and what is the pricing, and which company will provide you the best solution for your business!
1. PayPal: Sending Money, Pay Online or for a Merchant Account
PayPal is the most popular and featured payment gateway worldwide. PayPal gives you a seamless service that’s mean you get customer service within a short time! Really it’s an amazing service!
PayPal provides you anti-fraud payment service, the lowest fees, 200+ country supported and 25+ currency supported (don’t worry about your local currency), when you take a payment from your customer or anyone else no matter because your all the balance will be converted on your local currency!
When you collect money from friends or family members, it’s will truly free no cut any service charge! When you collect your money from a customer or others then, PayPal takes the lowest fees from your customer or others but not you! it will 3.4% + €0.35 per transaction! And you can use to pay to buy some services like sopping or other products, pay freelancers or marketplace or anything else no matter here, just because there is no charge (when no currency conversion is involved).
If you’re selling any digital product service or other goods online then PayPal payment gateway you can use for your service to taking payment and then you can withdraw this all money from your local bank or ATM.
If you attack under fraud then you can take back into your money from your service holder within 6 months! You can take payment withing a minute “With online invoicing” system. You can sell the product on eBay or Amazon or you can make a drop-shipping business and take payment with PayPal.
Payment methods: Your customers can pay you by PayPal, debit or credit card. Whichever way they pay any amount of money, the money arrives in your PayPal account within minutes.
Protected transactions: The PayPal checkout button appears on all invoices, so your customers can pay you more securely, whether they have a PayPal account.
Easy management: Manage your money from one account. Track all the invoice history and all the transactions. View all the unpaid invoices and send reminders frequently.
2. Stripe: Online payment processing for internet businesses
Stripe is a famous payment gateway worldwide, stripe launched in the year of 2011 and now they have 2000+ employees, and 14 global offices, and they supported 135+ currency also. They always provide the fastest secure trusted service as you want.
Stripe positions now second and PayPal is first but it’s not a big deal because Stripe provides some awesome services like accept online payments, Manage subscriptions, Send payouts, Set up in-person payments and many more! Stripe can collect bill from any country at any time and then distribute the payment to the owner account with a low cost!
Stripe supports now 32 countries with full service and try to lunch another 3 countries. They are lunch as soon as possible in India, Brazil, and the Czech Republic.
Why you need Stripe: when you are a drop shipper, freelancer or any digital or physical product seller, then you must need a payment gateway like Stripe, PayPal or anything else account! So better you can choice stripe for your better solution. Stripe launched many products for your business grow, like Payments, Billing, Connect, Payouts, Atlas, Radar, Issuing, Terminal, Corporate Card, Capital and many more! If your business virtual location situated in the USA and if your country doesn’t support Stripe then you can use stripe Atlas service for collecting your payment worldwide and then you can withdraw your money your nearest any local bank.
Fees: Stripe cutting the lowest fee for accepting payment globally, here you can see the stripe fees: 2.9% + 30¢ per successful card charge, No setup fees, monthly fees, or hidden fees.
So, now you can see here, when you set up stripe integration on your website than actually what you saw from there and what you get from the stripe: see more on the below image.
3. 2Checkout: Online Payment Processing For Modern Commerce
2Checkout launched in 2006 and 2checkout had a leading global payment platform that permits companies to simply accept any type of online and mobile payments from buyers worldwide, with 2cyheckout has local payment options to collect a payment, and a bunch of capabilities designed to learn both merchants and customers alike.
The 2Checkout platform supports a spread of transactions across multiple payment methods like Any type of international MasterCard, Visa, Discover, American Express, Diner’s Club, JCB, debit card, and PayPal and supports 211 markets and 87+ currency with 15 languages, 2checkout Integration with 100+ online shopping carts and invoicing systems worldwide.
It provides services that are trustworthy and reliable, as evidenced by quite 50,000 merchants and 2Checkout is the Payment Processor for 17,000+ Online Businesses with 4 office and Service Over 180 Countries worldwide who have already trusted 2Checkout.
They can help you with these fields: Global Payments, Digital Commerce, Subscription Billing, Global Tax & Financial Services, Risk Management & Compliance, and Partner Sales.
The entire checkout experience provided by 2Checkout was designed with one goal in mind, to your conversions by adapting to local aspects of your industry. These aspects include elements such as languages, currencies and payment methods.
See here 2checkout pricing details;
2SELL: Easy and simple way to sell globally, 3.5% + $0.35 per successful sale.
2SUBSCRIBE: Develop & Boost your subscription business, 4.5% + $0.45 per successful sale.
2MONETIZE: All in one solution to sell DIGITAL GOODS globally, 6.0% + $0.60 per successful sale.
Authorize. net launched in 1996, and they now almost a strong company worldwide, because they use 13 categories fraud detector system and then make authorize a payment. and they also can take payment from most of the way like Visa, MasterCard, Discover, American Express, JCB, PayPal, Visa Checkout, Apple Pay, E-check.
Authorize.Net isn’t primarily a merchant account provider or a MasterCard processor. Instead, Authorize.Net is what is known in the merchant services industry as a payment gateway.
This means that the company provides software and applications that route credit card payments from the purpose of sale to the particular MasterCard processor. Payment gateway providers like Authorize.Net are a further but necessary service if a merchant wishes to use a virtual terminal, website handcart, or some mobile processing applications.
Authorize.Net is also a preferred option for its FreshBooks integration capabilities. Though the company specializes in gateway services, it partners with resellers to provide merchant service accounts to businesses.
And they provide all this service; E-Commerce, Mobile Credit Card Readers, Mobile payments, Virtual Point of Sale (POS), E-check Payments, Accept Phone Payments and Monthly Billing. Working with resellers makes rates, fees, and other facets of a contract negotiable, which is an important consideration for any merchant considering Authorize.Net to set up those services. you can see their pricing table here
5. FastSpring: Full-Service E-Commerce for Software Companies
What is FastSpring: FastSpring is a perfect way to grow your business, because FastSpring can sell your digital product, apps, software, SaaS and many things also. FastSpring lunched in 2005 as a software company, and then 2011 they launched another service like apps selling and collecting bills from buyers that’s mean Payment Gateway! And then FastSpring has received some recognition and awards within the way. And now FastSpring still serves 7+ million global transactions every year across 200+ regions and 20+ currencies and 15+ languages supported.
How do they work: Actually FastSpring’s working way is various and fantastic! They work various work like In-App purchases, Subscription models, Mobile Optimization, Customizability, Purchase fulfillment options, Secured payment methods, Developer Support, Usage Tracking, Android, iOS Compatible, Customer Support for buyers, CSS Control and Multi-Store Management.
How do they process Payment: When you lunch a new app or any kind of digital product then you need must it’s selling on anyway, so now you find a better payment gateway (when you find a new way) just because you need to collect money from all your buyer, so here FastSpring for you! FastSpring can help you to publish your digital product on FastSpring own platforms, and then they made via and take payment from your customer and then it’s send your own local bank account easily twice or one time in a month.
What is pricing on FastSpring: Digital Retailer Rate Per transaction 5.9% and Transaction Fee Per transaction $0.95 USD for each successful sales!
About Returns and Chargebacks: Refunds will not incur a fee in addition to the Digital Retailer Rate and Transaction Fee charged on the initial transaction. Chargebacks will incur a fee of $0.00 USD in addition to the Digital Retailer Rate and Transaction Fee charged on the initial transaction.
Payments withdraw to your personal account: No cost for payments sent via ACH, BACS, SEPA or equivalent direct debit. No cost for payments sent via Payoneer account. $15.00 USD fee for payments sent via local bank wire. 2% up to a max of $20 for payments sent via PayPal.
What is the Paddle: Paddle is the All-in-One SaaS Commerce platform. Paddle collects payments, subscription and billing management, manual invoicing, sales tax and financial compliance, fraud protection and chargebacks, and more with a unified tool that grows your business fast.
Paddle provides you: Multiple payment methods in one checkout experience, Coupons, discounts & upsells, Abandoned cart recovery
Support for any billing model, Flexible subscription upgrades, Sales tax, and VAT MOSS compliant, Currency and pricing localization, International payment acceptance, Billing support, Fraud prevention, and chargebacks fought, SaaS Analytics, Trial management and many more!
Why you use paddle: just because paddle provides you more than you want. Comfortable pricing, fast and secure service. Well, customer service, when you want you can withdraw your money on your local bank account! And also paddle support any kind of payment option for collecting payment from a buyer like; Mastercard, Visa, American Express, Discover, Maestro, Diners Club, JCB, Apple Pay, PayPal, and Wire Transfers.
7. Google Pay
What is Google Pay: Google Pay is the most usable successful secure payment method worldwide. Google payment launched in the year of 2018. And still grow service area worldwide and now using this service over 70 Billion people worldwide.
Pricing: Please see the table below and take a clear think about it from there. Google won’t make any charge from the merchant account.
|Service Name||PayPal||Google Pay|
|Compatibility||Android, iOS, Web||Android, iOS, Web|
|Payment methods||Credit, debit, bank transfer||Credit, debit card, bank transfer|
|Credit fee||2.9% + $0.30||2.9%|
|Debit fee||2.9% + $0.30||Free|
|Bank transfer fee||Free||Free|
|Withdrawal speed||Up to 1-2 business days||Up to 1-3 business days|
|Special features||PayPal.me shareable links||Integration with other Google services|
Which country support: Google payment supported country list see below; United States, United Kingdom, Singapore, Australia, Hong Kong, Poland, New Zealand, Ireland, Japan, Belgium, Russia, Canada, Taiwan, Spain, Ukraine, Brazil, Czech Republic, Slovakia, Germany, Croatia, India, UPI based Country: Italy, Denmark, Finland, Norway, Sweden, United Arab Emirates, Chile, France, Switzerland, and Belarus. But when you use Google Play Store and make any purchase from the play store then you will always make successful purchases from google store!
This “Top payment gateway for eCommerce business” article for those who don’t know much about the best payment gateway it’s for her. So, if you get any help from this article then you can comment below and write the words of your mind!
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