It is very necessary to understand about E-commerce payment gateways if you are running an e-commerce website. As you all know E-commerce is on the boom, buying and selling are literally becoming an online activity. In today’s world technology is went too far. Everyone is online. With advancements in technology, most of the transactions have now become electronic. People prefer the trade being done online.
No matter how great your e-Commerce store may look and function, to achieve success in this online world you must know how your products are being sold to your customers.And to sell products, you’ll first have to win the trust of your site visitors.Trust is the most important factor between customers and the ower .there should be a robust relationship between them.
You have to do loads of new experiments to make your customers stick to your website. A payment gateway is an e-commerce service that has authority to expect the transaction between the buyer and the vendor. Merchants to accept credit card and other forms of Internet transactions securely via your website. it’s a third-party tool that evaluates and processes payments from your customers.
Note: If the payment option on your e-commerce store is not set up in a proper way. You can face a big loss. This results you will experience an instant drop in sales, because of unsatisfied customers. If you have a correct payment gateways system, then you can surely have a long-term success of your online business.
Now we are done with the discussion of what to look for in an e-commerce payment gateway. Let’s turn the discussion to the trending e-commerce payment gateways. So, let’s get started-
PayPal is the most popular method for a payment gateway. Using this method instantly recognizable and your customers immediately feel safe. In fact, PayPal probably gives more protection to customers than it does to vendors.It’s one of the most widely-used payment gateways that accept both credit card or debit card payments. It’s easy to setup PayPal Payments Standard. Simply add the PayPal button to your site. PayPal takes care of the rest including authorization and security.
You should consider PayPal Payments Pro. It is the paid version of Paypal. There’s a $30 monthly fee to use this service, in addition to the per-transaction fee assessed.By using Paypal payments pro you won’t have to send customers to PayPal. Add a trusted logo to it on your site. But you need to check they can stay right where they are to make a payment.When we talk about security terms of view PayPal provides you with options to keep transactions on your site PCI (Payment Card Industry) compliant.Keep your buyer on your site through checkout.It is Fully customization.
Around 341,497 Internet sites use PayPal payment gateway. Then why not you? Install this amazing payment gateway and ease your customer’s transactions.
Another best Payment gateway method is a stripe. It keeps the buyer on your site for free. Yes, you heard right! There is no monthly fee as buyers can enjoy can much as they can. but remember it’s not as simple to step as you are thinking. Stripe requires more web development skills to implement, so unless you’re not a tech-savvy. Stripe will handle everything. They collect the payments from your customers and send them directly to your bank. Initial payment transfers may take up to seven days, but after that, you can set them up on a two-day rolling basis or weekly or monthly if you prefer.
Stripe comes with some awesome features. it handles Transactions on-site. No setup costs or monthly fees. Customers can pay using any major credit card. It Accepts payments from around the world. Security: Stripe offers developers the option to use client-side tokenization to ensure PCI compliance. So, if you haven’t use stripe even try it today and enjoy the benefits.
Braintree is another popular global payment gateway that is available in 44 different countries. It provides numerous payment option, worldwide availability and a high level of security. There are no monthly fees to use Braintree, just the standard per-transaction fee. When we talk about security. It has Advanced fraud protection is included with this service. Braintree comes with mind-blowing features which you must know.
It makes easy to receive recurring payments such as subscriptions.This feature is easy to integrate into the merchant’s website yet difficult to crack. So, when you are to enjoy the benefits of this payment gateway?
Another best recommend Gateway. Authorize.net is accepting all major credit cards plus other digital payment solutions like PayPal. This gateway is not free to set up has certain monthly payment figures. For initial $49 setup fee, a $25 monthly fee, as well as a per-transaction fee. It is a most secure gateway. Authorize.net is PCI DSS certified. Best features which authorize.net have –
Transactions handled on-site. Excellent security and support. It Accepts payments from around the world. Customers can pay using any major credit card, PayPal, Apple Pay. Isn’t amazing tryout today.
Final and even best gateway provider is 2Checkout. Currently, 2Checkout is available to merchants in over 211 countries. It offers 87 currencies and supports 15 languages for a great customer experience. Apart from this 2Checkout is a very robust platform that uses over 300 fraud protection rules.
It has 1 level PCI compliant Security. 2checkout gateways have No setup, termination, or monthly fees. Advanced fraud protection. Accept major payment methods including credit cards, debit cards, and PayPal. Easy website integration and great support. The best thing it also Works with WooCommerce, WP e-commerce, Zoho, Shopify, osCommerce, and more. Readers grab this gateway now and experience its features.
Square helps businesses of all sizes to start, run and grow with intuitive, powerful tools. It comes with amazing features Accept every payment, everywhere. Clear pricing, fast deposits. Use Square to accept all major credit cards with WooCommerce. Square eCommerce payments are only available in the U.S, Canada, Australia, Japan and the UK. You can buy from Woocomerce store at $79.
Let your customers easily and seamlessly check out on your site with First Data. Capture more sales and reduce cart abandonment by taking advantage of First Data TransArmor credit card tokenization, allowing customers to securely and safely save their cards for future checkout. Benefit from tons of great features like enhanced checkout forms, Subscriptions support, capturing charges, and more!Accept all Major Credit Cards. Customers can securely save their payment method to their account for easier checkout. Full Support for WooCommerce Subscriptions.
So, what’s your favorite payment gateway? make sure to choose the suitable option for your online store. Install these gateways and share your experience.if any query please feel free comment below. Thanks for reading.
This article is updated on 4th January 2018