Payment gateways play a vital role in getting approved payment of customers by issuer bank and help deliver to the merchant. It gives a secured connection to an E-commerce business to complete the process of transaction, verify & decline any disputed transaction of the customer.
Nowadays, the E-commerce business has changed from the old version to modern. Why before you should have your material for selling, but now you can sell other’s products without any hassle worldwide. We called it is Dropshipping. Dropshipper is making a good living by this method, but some newbie wants to enter in this model but not know how to get payments.
Payment gateways are the main base of a business cause people trust only trustworthy payment gateways for purchasing. Don’t disconcert; just read this post. Today’s article is only the best-rewarded E-commerce payment gateways.
What are the best E-commerce payment gateways
Paypal – It creates better ways to save and manage money & offers flexible choices while sending payments, getting paid. It supports around 200 countries’ cards like Citibank, American Express, Visa, Mastercard, and approves getting money in 100 currencies.
The capacity of withdrawing funds more than 50 currencies & hold the amount in its bank around 25 currencies. By a business account, you can receive payment of customers. Common use in E-commerce payment gateways of Paypal.
Stripe – Remove the barrier of growing sales by Stripe. It connects with 25 countries and accepts all major cards. The specific feature is managed revenue & prevent fraud. The cloud-based infrastructure is only made for security, reliability & scalability.
Checkout.com – The access is nearly 50 markets & processing transactions in 50 currencies. It allows getting local international by digital wallet, debit, or credit cards. They offer two accounts, Enterprise & Standard, according to the base of volume, transaction history. Various e-commerce plugin, mobile payments, or net banking features can easily find only in Checkout.com.
2checkout – It supports 15 languages, or more than 90 nations compel merchant who wants to take the next step to their business. No setup fee and data are transparency. The more allured features are integration is customization or more can connect with an E-commerce platform, recurring billing, fraud protection, or mobile optimization attract customers to checkout on this platform.
Authorize.net – One of the oldest payment methods for small businesses is Authorize.net. The different structure of charges plans is – a gateway + merchant account plan. It includes set up fees or costs according to a transaction. Most users of this gateway are from United States, United Kingdom, Canada, Australia, or Europe.
Skrill – The fee of skrill is 1.9% per transaction and available in 90 regions. It mostly uses in online gaming or investment website, for instance, forex or stockbrokers install this payment gateway on their platform. Moreover, E-commerce merchants rarely use it. , you can set a free account or for verifying, it may take 2-4 days to approve.
In conclusion – A payment gateway is a major tool for online business. We need to select which one has protection, low transaction fee, or accept all major cards. Now it’s is your decision which one will suitable for your startup. All mentioned gateways are rewarded or trustworthy.
Tell me Which one is suitable for your Business?