April 20, 2022

Tech

Payment Gateways in 2022

For an eCommerce store, you need a website, your products, and PAYMENT! Your customers will explore your website and add products to their cart. To make their shopping journey hassle-free, you need a payment gateway that offers your customers an easy and secure way to pay by credit card or digital wallet. All of the store's transactions are handled by an eCommerce payment gateway.

We evaluated the top payment gateways based on payment kinds, cost, ease of use, integrations, support, and other factors. Here are a few of our favourites.

PayPal

The list of best payment gateways will not be complete without mentioning the name "Paypal". It is one of the most widely used payment gateways. When you consider how simple the platform is to integrate into your website, it's clear to see why. Another advantage of Paypal is the freedom it provides clients by allowing them to choose from various payment alternatives.

Paypal offers three plans:

  • Paypal Payment Standard.
  • Paypal Express Checkout.
  • Paypal Payment Pro.

Features:

  • Recurring payments and subscriptions.
  • Invoices and estimates.
  • PayPal does not require a merchant account.
  • You can immediately withdraw funds to a bank account in your own currency.

Stripe

Stripe is another reputable payment gateway that is available in over 25 countries. All major credit cards are accepted. However, it is primarily used in Canada, Australia, and the United Kingdom. It also has WooCommerce integration and is even better if you sell on Facebook Marketplace.

Stipe has several other interfaces that allow store owners to integrate their payment gateway with various other technologies and has no monthly setup or hidden fees.

Features:

  • Works with 135+ currencies
  • Integration with other third-party programmes is excellent.
  • Accepts several different payment wallets.
  • Machine learning fraud prevention

Authorize.Net

Authorize.Net has partnered with most merchant account providers, allowing its users to accept payments from major credit cards, debit cards, digital payments, e-checks and overseas payments from most countries, thanks to its longevity.

It also comes with several extensions that make integrating with WooCommerce stores a breeze. For eCommerce and dropshipping stores, Authorize.net also boasts the lowest transaction charge.

Features:

  • Fraud prevention
  • Customer information manager
  • Recurring payments
  • Invoicing
  • Simple checkout

Amazon Pay

For your online BigCommerce store, this is the most common pre-integrated payment gateway option.

This is a hosted solution, which means clients are taken away from your site and directed to the provider's site to complete their payment details. When the payment is complete, it redirects them back to your website. Amazon Pay is accepted in the United States, the United Kingdom, Germany, France, Italy, Spain, Luxembourg, the Netherlands, Sweden, Portugal, Hungary, and Denmark.

2Checkout

2Checkout offers 2Sell that accepts all major credit cards and payments, including MasterCard, Visa, American Express, PayPal. It supports payments in 30 languages and 100 different currencies.

Users can host their own checkout page, set recurring transactions, compile payment history reports, and integrate the platform with many different eCommerce platforms, shopping carts, and invoicing systems.

To Sum Up

We have introduced you to some of the top payment gateways for businesses in the UK, making selecting the appropriate one a little easier.
Different payment gateway providers exist, and individuals prefer to use the ones they are familiar with. Choose an eCommerce payment gateway that your audience is likely familiar with when looking for the ideal eCommerce payment gateway.

When you’ve discovered the right option, you'll want to incorporate it into your site. Whether you're using Shopify, BigCommerce, WordPress, Drupal, or another platform to run your business, Contact Dotsquares for experienced support if you need to change your payment gateway.


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