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In the age of digital currency, there’s no such thing as a physical wallet. However, in some cases, you might need to temporarily store your cryptocurrency for safekeeping before exchanging it for fiat money or making a purchase. Here are seven payment gateways that made our list:
1) CoinPayments
2) GoCoin
3) Bitpay
4) Coinmama
5) Payza
6)Paxful
7)Okpay
A payment gateway is a third-party service that enables businesses to take credit card payments from clients online or in-person in a safe manner. The finest payment gateways provide safe and dependable service, as well as excellent customer service and low transaction processing costs.
We looked at a lot of choices to come up with the top seven payment gateways:
Almost all of the payment gateways we offer are really payment processors, as you may have seen. With a merchant account, many current payment processors provide free or low-cost payment gateway options. To put it another way, most small companies will not need a payment gateway provider in addition to their merchant account.
How We Selected the Most Effective Payment Gateways
We looked through our vast list of merchant services, payment processors, and payment gateways and filtered it down to those who provide small companies with trustworthy and popular gateways at affordable pricing. Then we filtered it down based on feature quality, reputation, and simplicity of use.
Authorize.net was chosen as the top payment gateway. It’s also the only payment gateway that supports a wide range of payment providers and connectors. Because it is compatible with most other payment solutions, it is often cited in combination with the finest credit card readers, virtual terminals, and other applications. It has previously been on our best payment gateways lists, but this time it has taken the top spot.
20% of the overall score
Support & reliability
20% of the overall score
Although many payment gateways charge a flat or interchange-plus rate, a handful on our list demands monthly fees in return for lower rates (often as custom pricing, like with Stripe or Chase). You may also choose whether you can use your own terminals or whether you must use theirs when calculating the price. Square, Stripe, 2Checkout, and Amazon Pay all received flawless ratings in this category.
20% of the overall score
The finest payment gateways offer a simple application procedure, low chargeback costs, and don’t tie you down to a long-term contract. Authorize.net was the only company to get a flawless score, followed by Square. PaymentCloud came in last, which is to be anticipated given that it operates in high-risk businesses.
20% of the overall score
The more payment locations a gateway allows you to accept, the better. We looked for things like saved card information (for regular payments) and the capacity to handle high-risk enterprises in person and online. We also looked at the security and fraud prevention capabilities.
20% of the overall score
Compliance, customer service, and reputation were all things we looked for. Our review of complaints about blocked accounts and retained cash is particularly noteworthy. PayPal, for example, was eliminated from the running because it received much more complaints than the other companies on the list. Square, too, has several complaints, putting it last in this criteria when compared to the other companies on our list, all of which performed well.
20% of the overall score
Pricing, transparency, ease-of-use, popularity, and integrations are all factors in this all-encompassing value score. When researching, testing, and utilizing these items, we relied on our own experience as well as the opinions of long-term consumers through user evaluations on third-party sites. Needless to say, all of the products performed well, with Square, Chase, and Amazon receiving flawless marks.
Authorize.net
4.75 OUT OF 5
What We Enjoy
- Most dependable
- Popular and easy to integrate
- Simple to use
What Isn’t There
- There is a monthly cost.
- Does not sell terminals or point-of-sale equipment.
Pricing
- Fee per month: $25
- Card-present processing fee: 2.9 percent + 30 cents each transaction, or ten cents per transaction plus ten cents per batch
- Processing cost for ACH/e-check transactions is 0.75 percent per transaction.
- There is no chargeback cost.
- POS system: $0
- Virtual Terminal: $0
- Card readers are $65 each.
- 3rd-party terminals
Authorize.net offers two different options. It may be used as a standalone payment gateway, allowing you to pick your own merchant service, or it can be used as an all-in-one solution, providing payment processing at a fixed fee. There is a monthly cost for both. It’s one of the most widely used payment gateways, integrating with merchant services and point-of-sale systems to facilitate payment processing.
Authorize.net has a 4.75 out of 5 ratings based on our criteria. It received high marks in every category except price, where it was penalized for its monthly costs. There were a few complaints of held money, which was typical of all the software we looked at, however, such difficulties might have been caused by the merchant service rather than Authorize.net in certain circumstances.
Pricing
Authorize.net has two options to choose from. Its gateway plan increases the merchant service charge by 10 cents per transaction. The all-in-one solution comes with a merchant account and has a flat rate of 2.9 percent + 30 cents per transaction. Whether you type in, swipe/chip/dip, or invoice, most suppliers have different fees. For example, Square charges 2.6 percent plus ten cents for in-person purchases and 3.5 percent plus fifteen cents for keyed-in and online transactions.
You pay $25 every month, regardless of the plan. The majority of the gateways in our list are free to use on a monthly basis. PaymentCloud provides, but only for high-risk businesses (thus the higher rates), while Chase’s monthly cost stems from the fact that you must have a business account.
There are no chargeback costs with Authorize.net; but, if you link it to a different merchant account, that account will very certainly have chargeback fees.
Your POS hardware will almost certainly come from a third party, however, Authorize.net does offer a credit card reader that works with its mobile app. This will set you back $65, which is about average for a chip and tap reader.
Features
The free virtual terminal allows you to accept credit card payments. (Image courtesy of Authorize.net)
- Authorize.net has a comprehensive payment toolbox that includes online and in-person payments, virtual terminals and subscription management, credit card and mobile wallets like Apple Pay, as well as PayPal. Through its partners, it may assist high-risk firms. It complies with PCI standards and offers robust fraud prevention. It also had an average user score of above 4 across several user sites. It’s a feature-rich and dependable payment processor.
- Authorize.net is widely used and simple to connect, with over 140 accredited solutions ranging from sales to accounting, kiosks to shopping carts, and even other payment providers such as PayPal. It also offers a list of over 160 approved developers who may provide prebuilt or bespoke solutions. It has collaborations with shipping, compliance, fraud protection, and other business solutions. The software integrations are on par with the other gateways on our list, but it stands out because of the extra developers and partnerships.
- Except for 2Checkout, which pays out once a week, most payment processors take a day or two to payout. Some companies, such as Square, demand a fee for same-day payouts.
- Authorize.net’s POS software allows you to take credit card payments and ring up transactions with sales tax and basic notes. Users have reported issues with logins and glitching, particularly lately. Square’s mobile POS solution is more feature-rich and trustworthy.
Why Authorize.net Isn’t Always the Best Option
- Monthly fees: Regardless of how much you use the service, Authorize.net costs $25 per month. If you only sell once in a while, try using Square for in-person transactions or adding Amazon Pay to your online business.
- Limited global reach: Authorize.net accepts payments from merchants in the United States, Canada, Europe, and Australia. Look into 2Checkout if you’re based somewhere else.
Stripe
4.54 OUT OF 5
What We Enjoy
- Extremely adaptable
- A large number of integrations and a fantastic API
- Support is available 24 hours a day, 7 days
What Isn’t There
- There are no native POS systems.
- It requires certain technological know-how and resources.
Pricing
- Monthly fee: $0
- Fee for in-person processing: 2.7 percent plus 5 percent per transaction
- Fee for processing international credit cards: 3.3 percent plus $5 per transaction
- Fee for online processing: 2.9 percent + 30 percent per transaction
- Volume discounts, multi-product discounts, and interchange plus discounts are all available.
- Fee for a chargeback: $15
- Virtual Terminal: $0
- Card readers are $59 each.
- $2,499 POS
Stripe is a fantastic payment processor for organizations of all sizes, from startups to Fortune 500 companies. Its extensive integrations make it an excellent alternative for processing online, international, and B2B payments. However, due to its programmability, it made our list. Stripe’s API and SDK capabilities are among the finest on the market, making it an excellent option for companies looking to integrate Stripe payments into their software or mobile apps.
Stripe received a 4.54 out of 5 ratings. In our price area, it received a perfect score, as well as good marks for simplicity of use and value. (Bearing in mind the technical nature of programming APIs, this is a good rule of thumb.) It, like Square, was chastised for stories of unclaimed payments and for refusing to cooperate with high-risk companies. It also lacks a smartphone-based point-of-sale app. Its qualities, on the other hand, compensate for these flaws.
Pricing
Stripe’s price is competitive and equivalent to Square’s. For qualifying clients, it also provides unique pricing, including interchange-plus and volume savings. It has a separate charge for foreign credit cards handled in person, unlike the other payment processors on the list. For those that charge, the chargeback cost of $15 is less than most. (Square, on the other hand, waives chargeback costs up to $250 each month.)
Stripe only sells a small number of hardware items, principally card readers. However, a new card reader terminal and POS system are on the way. The pricing is comparable to those of Square.
Features
Stripe Checkout may be used to make online sales. (Image courtesy of Stripe)
- Stripe offers a free invoicing feature that allows you to send up to 25 payment requests each month. It does, however, make creating a billing system for one-time or regular payments simple. Flat prices, multiple pricing, use charges (such as for power), and other options are available. It connects to websites, mobile applications, and customer relationship management (CRM) systems.
- Stripe has over 660 partners and interfaces across accounting and finance, marketing and sales, operations, payments, and eCommerce, and was built to be readily integrated. It also includes great SDK and API options for building your own integrations. Stripe handles around 250 million API calls every day.
- International sales: While 2Checkout is our favorite on this list for international sales, Stripe isn’t far behind. Stripe allows you to take payments in over 135 different currencies. It does, however, charge a fee for processing foreign credit cards in person.
Why Stripe Isn’t Always the Best Option
- Stripe is a high-tech platform designed for programming and unique use cases. Although it has certain POS capabilities, the other payment gateways on our list are easier.
- Stripe, like PaymentCloud, does not provide a mobile POS app that allows you to take payments from your smartphone. It does include third-party applications, such as Stripe Payments by FacilePay, which has a 4.5-star rating but costs a transaction fee. Square is the ideal option if you wish to do transactions using your smartphone or tablet.
Square
4.53 OUT OF 5
What We Enjoy
- There are no monthly costs.
- Free point-of-sale software
- Simple to use
What Isn’t There
- Not recommended for high-risk markets.
- Many people have expressed their dissatisfaction with payments that have been put on hold.
Pricing
- Monthly fee: $0
- The processing charge for transactions with a card present: 2.6 percent + 10 percent per transaction
- Processing cost for keyed-in transactions is 3.5 percent plus 15 percent per transaction.
- Rate of online/ecommerce: 2.9 percent + 30%
- Processing cost for ACH transactions is 1% of the transaction amount, with a $1 minimum.
- Fee for Rapid Pay: 1%
- The chargeback cost is $25.
- The monthly fee for a point-of-sale system is $60.
- Virtual Terminal: $0
- Card readers start at $49 and go up from there.
- Terminals start at $299.
- Free trial for 30 days
This user-friendly system makes our top POS system for small companies, restaurant POS, best credit card readers, best salon POS, and other lists. It’s also a top-ranked merchant service, so it’s no surprise that it’s a top payment gateway. It may be used on a mobile device, a desktop computer, a tablet computer, or a point-of-sale system.
Square was ranked lower on this list because of many reports of frozen payments and terminated accounts. In fact, of all the goods on our list, it earns the lowest score in the support area. However, it made up for this shortcoming by ranking very well in terms of pricing, features, and overall customer happiness. Overall, it received a 4.53 out of 5 ratings.
Pricing
Square’s transaction fees range from 2.6 percent +10 cents to 3.5 percent +15 cents. Because there are no extra or add-on gateway costs, they are among the cheapest on our list. Authorize.net, on the other hand, may provide interchange-plus via a merchant account (which can be less expensive, especially for established businesses with a significant transaction volume), and Chase offers interchange-plus at the same rates as Square. Square gives savings to companies that handle more than $250,000 in credit cards each year.
Not only does Square not charge monthly fees, but it also offers Free point-of-sale software and a virtual terminal. Many other systems on our list charge for these or rely on a third-party application, which you’ll pay for. In addition, Square waives chargeback fees up to $250 a month.
Square may be used on an iPad or POS systems can be purchased for $299. Card readers start at $49, however, a magstripe reader is still available for free. Although most of the gateways on our list provide greater selection, these are among the cheapest we identified.
A free online shop, website, or hosted checkout page is also included with Square.
Features
Online sales are one of Square’s free offerings. (Image courtesy of Square)
- Priced for solopreneurs and hobbyists: If you are only an occasional seller, such as a hobbyist, the free software and lack of monthly fees make it among the most affordable. Compare it to Authorize.net, which There is a monthly cost., or 2Checkout, which does not have a mobile app.
- You can use it in-store or on the road thanks to its simplicity of use and excellent mobile app. It includes a virtual terminal for taking phone orders, a free website/online shop, and freelancer and B2B invoicing. (Some of the others on this list charge extra for one or both of these options.) It even offers POS systems designed specifically for eateries and salons.
- While several of the payment gateways on our list have POS systems, Square’s is one of the more comprehensive, including inventory, reporting, and certain customer management features.
- Square is the finest free iPhone credit card reader on our list. The simplicity of use and features are praised by users. The majority of complaints are about blocked accounts or holding cash, rather than the app itself.
Why Square Isn’t Always the Best Option
- High-risk sectors: Square does not provide services to firms in high-risk industries. PaymentCloud is a great option if your company falls into this category.
- Square features a flat charge rather than exchange-plus pricing. You may choose between flat rates and interchange-plus transaction costs with Authorize.net (with a different merchant account.) Interchange-plus is a service provided by Stripe and Chase to qualifying clients.
- PaymentCloud had the highest score in this category, although 2Checkout and Chase Merchant Services is a division of Chase Bank. are equally trustworthy.
2Checkout
4.46 OUT OF 5
What We Enjoy
- There are no monthly costs.
- There are 45 payment options available.
- Record-breaking global merchant
What Isn’t There
- For high-risk traders, this isn’t the place to be.
- Chargeback fees are calculated using a formula.
Pricing
- Monthly fee: $0
- Processing fee: 3.5% + 35¢ to 6% + 60¢
- Chargeback fee: Varies
- Third-party hardware is available.
Because of its worldwide reach, 2Checkout entered our list of payment gateways. With over 120 eCommerce connections, it’s also quite easy to use. What makes it particularly useful for international sales is that it may serve as the merchant of record, handling not just payment processing but also sales tax administration and compliance.
In August 2020, Verifone bought 2Checkout. According to the 2Checkout website, the company will continue to offer services while also embracing Verifone capabilities.
In our review of 2Checkout, we awarded it a score of 4.46 out of 5. It received full marks for price and performed well in terms of support and dependability. Its score was harmed by the absence of a mobile app, although it is eCommerce-focused and works with integrations. It was also penalized for its chargeback fee and for refusing to interact with high-risk companies.
Features
2Checkout is a worldwide payment processing solution for both online and offline commerce. (Image courtesy of 2Checkout)
- MyAccount for Shoppers: 2Checkout provides a one-of-a-kind tool called myAccount for Shoppers. This is for your customers to view all of the things they’ve bought with 2Checkout (i.e., from your store and others using this payment gateway). They have the ability to update personal information, payment methods, and contact customer service. It’s comparable to PayPal’s consumer account pages, but it’s not something we’ve seen from any of the other companies on our list.
- You can conduct sales for over 200 countries and 45 different payment methods in over 100 currencies. This covers both regular billing and one-time sales. The premium plan includes worldwide VAT and sales tax collection and management, which the other payment gateways on our list do not.
- 2Checkout has received several honors for its platform and content, including prizes from review sites such as G2; it was a finalist in the 2021 CODiE Awards and a finalist in the Cloud Awards.
- 2Checkout, like Square, provides a variety of add-ons to let you customize your subscription. These, on the other hand, are more concerned with payment processing than with point-of-sale. You can obtain tools for improving conversion rates and A/B testing, advanced subscription management, renewal recovery (such as replacing expired cards), networking with over 50,000 affiliates, and specialized customer service.
Why 2Checkout Isn’t Always the Best Option
- A weekly payment: While most payment processors on our list payout in a day or two, and some, like Square or Chase can pay on the same day, 2Checkout pays on a weekly basis.
- Nontransparent chargeback cost: Your chargeback fee is calculated by 2Checkout based on your prior and current chargeback history. Consider the other processors on our list if you like simple fees. In addition, Square waives chargeback costs up to $250.
- No high-risk services: Some items aren’t compatible with 2Checkout. For high-risk businesses, PaymentCloud offers a specialized gateway.
- We were unable to locate a 2Checkout app in the Google or Apple Play stores. Verifone, on the other hand, offers applications, but not for processing payments. Check out Square if you’re looking for a mobile payment processing solution.
Amazon Pay
4.46 OUT OF 5
What We Enjoy
- The platform that can be trusted
- Checkout is mobile-friendly.
- Alexa may be used to accept voice payments.
What Isn’t There
- For new merchants, funds transmission has been delayed.
- Customer service that is problematic
- Chargeback costs that are non-refundable
Pricing
- Fee for online processing: 2.9 percent + 30 percent per transaction
- Per transaction, Alexa charges a processing fee of 4% + 30%.
- 3.9 percent + 30 percent (online), 5% + 30 percent (cross-border) (Alexa)
- Fee for chargeback: $20
We discovered Amazon Pay to be one of the simplest and most popular credit card processing alternatives for eCommerce. It can let clients order by voice, prevent cart abandonment, and manage foreign payments.
On our scale, Amazon received a 4.46 out of 5 ratings. It received flawless ratings in our value and pricing categories, as well as good marks in all other areas. It took a blow for account holds (albeit less than Square or Stripe), not supporting high-risk companies, and its chargeback cost, among other things.
Pricing
Amazon does not provide in-person purchases, but it does offer two separate pricing for online processing and Alexa. For both Square and Stripe, the online rate is the same as the eCommerce rate. The Alexa ranking is among the highest, which is expected given the novelty of the location. It also charges a $20 refund fee and a $20 chargeback fee, all of which are reasonable.
Features
Customers may order things using Alexa or Echo using Amazon Pay. (Image courtesy of Amazon)
- Customers find it simple: Amazon is one of the most popular online businesses in the world, and many individuals who buy there have an account. It’s simple for these clients to pay for goods from your shop if you use Amazon Pay as your payment provider. Indeed, it has the potential to minimize abandoned carts by allowing users to pay without having to enter their credit card or personal information since Amazon already has it.
- Amazon guarantee: On eligible purchases, typically physical things, Amazon extends its A-to-Z guarantee to your consumers. This not only increases consumer trust in your shop but also gives you time to contest allegations with Amazon before being charged a chargeback cost.
Why Amazon Pay Isn’t Always the Best Option
- There is no mobile app available: Amazon Payments, like Stripe, does not have its own app, although it may be integrated via a software development kit (SDK). Try Square if you want a ready-to-use POS system for your smartphone or tablet.
- There are no point-of-sale systems on Amazon since it is designed for online sales. You may be able to integrate, but if you want a ready-to-use POS with a payment gateway, Square is the way to go.
- Long approval time: According to Amazon, merchant applications might take anywhere from 20 to 30 days to get approved. Consider Stripe, Square, or Authorize.net if you need anything for online sales right now.
Chase Merchant Services
4.36 OUT OF 5
What We Enjoy
- It is possible to get payments on the same day.
- In certain circumstances, rates may be negotiated.
- Bank with a solid reputation on the international stage
What Isn’t There
- Do you need a Chase business account?
- Account closures and frozen money have been reported.
- Login difficulties with mobile POS
Pricing
- Fee per month: $15 (for checking account)
- The processing charge for transactions with a card-present: 2.6 percent + 10 percent per transaction
- The processing cost for keyed-in transactions is 3.5 percent plus ten percent per transaction.
- There is no charge for using Rapid Pay.
- Fees for chargebacks start at $5.
- POS system: $0 for a point-of-sale system for a point-of-sale system
- Virtual Terminal: $0
Chase Merchant Services is one of the largest banks in the world, offering merchant services to SMBs with a checking account. As such, it’s a great choice for businesses just starting out that also need checking, a business credit card, and more. It serves businesses in the US, Canada, and Europe, but can handle international sales and has a large number of integrations and partnerships.
Chase received a 4.36 out of 5 ratings. It received high marks for value and features, but it received low marks for the monthly subscription (which is for the checking account) and, in particular, for the three-day or longer approval procedure. Others on our list are speedier, however, Amazon and PaymentCloud might take weeks to approve.
Features
Chase offers terminals and has a card reader for its mobile app. (Image courtesy of Chase)
- Free same-day deposit: The Chase QuickAccept app allows you to have transactions deposited to your Chase bank account the same day for no additional fee. The majority of the payment gateways on our list require one or more days to process, whereas Square charges 1% per transaction for same-day deposits.
- To access Chase’s merchant services, you’ll need a Chase Business Complete account. This account comes with a bank account, a credit card, rapid check deposit services, Zelle, and other features. Some features come with additional costs and restrictions. Chase is included in our list of the top checking accounts for small companies and LLCs. It’s also a top choice among small business banks.
- Chase’s mobile checkout features a straightforward POS system with inventory and reporting. The most common issue was a difficulty logging in. Check to see whether one of our top mobile POS options interacts with Chase if you need a better mobile app.
Why Chase Merchant Services Might Not Be Your Best Choice
- Chase charges a monthly fee to utilize its services if you have a business bank account. Consider Square or Stripe, which don’t charge a monthly fee if you’re a small company and don’t have or require a business bank account.
- Chase, like the majority of the payment gateways on our list, does not accept high-risk accounts. PaymentCloud is a service that we suggest.
PaymentCloud
3.95 OUT OF 5
What We Enjoy
- Fees and rates that are competitive
- Customer service that is dedicated
- Customer feedback that is favorable
What Isn’t There
- Fees aren’t made public.
- Only supports the sale of topical CBD.
- There is no mobile app available.
Costs
- PaymentCloud decides monthly costs and transaction rates on a case-by-case basis, therefore fees aren’t revealed.
- Hardware costs vary — PaymentCloud has a variety of solutions for a variety of manufacturers.
- PaymentCloud interacts with a variety of POS and virtual terminals, thus software costs vary.
- The chargeback cost is $25.
High-risk merchants aren’t accepted by all payment gateways and those that do have higher rates and less reliable service. PaymentCloud provides excellent service and a clear emphasis on this segment of the retail industry.
PaymentCloud does not reveal rates, as is typical of high-risk processors since fees vary depending on the kind of company and the amount of risk involved. PaymentCloud, on the other hand, provides competitive configurations, particularly for its client type.
Although several payment gateways scored better in our criteria than PaymentCloud, we chose it for this list due to its strong reputation in high-risk businesses. It really came in first place on our list of high-risk merchant accounts. Many of the factors that contributed to its poor rating—contracts and a lengthy approval procedure, for example—are common among high-risk payment processors. It received a 4.5 out of 5 for features, just beating out Chase.
Features
Card readers from a variety of vendors are available via PaymentCloud. (Image courtesy of PaymentCloud)
- PaymentCloud distinguishes out because it focuses on medium- and high-risk sectors that are less likely to be serviced by other payment processors. Only Authorize.net, on our list, can interact with high-risk businesses through a separate merchant account.
- PaymentCloud offers excellent dispute resolution help and collaborates with Chargeback Gurus since chargebacks are a major problem in high-risk sectors. This business claims to have avoided 70% of chargebacks and recovered over $1 billion in lost revenue for merchants by identifying, monitoring, and resolving disputes on their behalf. Authorize.net, Stripe, and Chase are among the companies that employ Chargeback Gurus.
- PaymentCloud is a dependable and helpful service; given the sectors it serves, there are remarkably few complaints about it blocking accounts or holding payments; this may be due to its thorough approval procedure. It has a 4.6 average user rating, which puts it only below Square in terms of user acceptance.
Why PaymentCloud Isn’t Always the Best Option
- For medium- and high-risk merchants: Other payment gateways on our list may provide better pricing and more features if you’re a low-risk shop.
- There are no native POS systems. system: While PaymentCloud integrates with a multitude of POS and eCommerce software, it does not have its own. This is typical of the payment gateways on our list, but if you want a payment gateway that comes with a free POS system, consider Square.
- We couldn’t locate a PaymentCloud app on Google Play or the Apple Store, just as we couldn’t find 2Checkout. PaymentCloud seems to imply that you may process payments through mobile using a third-party app with a card reader that PaymentCloud can offer you. Whether you’re a high-risk merchant in need of mobile POS, check to see if PaymentCloud works with one of our top mobile POS picks.
Why Isn’t PayPal On This List?
It’s almost hard to discuss internet payments without mentioning PayPal, a well-known brand. However, owing to bad customer reviews, claims of frozen cash, and excessive add-on costs, it was eliminated from our screening process (10 cents per transaction, an additional 2.5 percent for currency conversions, and an additional 1 percent for international payments, all on top of your standard processing fees).
Payflow, PayPal’s independent payment gateway, accepts 25 currencies in 202 countries, making it an excellent choice for worldwide enterprises. 2Checkout and Stripe, on the other hand, can function with a wider range of currencies and countries.
Overall, PayPal is a great customer-facing payment option for your site, but it isn’t one of our suggested gateway options. If you’re currently using PayPal as part of your payments system, it’s more cost-effective to utilize Payflow than adding another supplier to the mix.
Conclusion
Few businesses, even hobbyists and solopreneurs, can survive without accepting credit card payments. Fortunately, there are several payment gateways that are suitable for small enterprises. Those on our list are the finest in terms of pricing, service, and POS (point-of-sale) or virtual terminals, which make it simple to accept credit cards.
Authorize.net earned top billing on this list for its popularity, versatility, and integrations. It offers a full-service payment processing plan or can work as a gateway with the merchant provider of your choice. It charges a monthly fee, but if you need a reliable payment gateway, it’s worth considering.
Frequently Asked Questions
Which payment gateway is the best?
PayPal.
What is the future of payment gateway?
The future is unclear. It’s hard to say what will happen because PayPal, credit card companies, and banks are all changing their policies constantly in order to continue being able to operate effectively.
What payment gateways should I use?
If you are selling your items on the site, we recommend using Stripe or PayPal.
