Choosing the right payment gateway is a critical factor in ensuring the success of your ecommerce website.
As an ecommerce business owner, apart from the robust security, solid software and server infrastructure and support, the following are some of the important evaluation factors you should consider to help you choose the best payment gateway for your ecommerce website:
- Guard your profit margin with an eye on the bottom-line: Look at the transaction fee of your payment gateway service provider, as it has the potential to eat up your sacred profit margin.
- Is your Payment Gateway vendor available globally: If you’re expecting global online shoppers then do check if your payment gateway provider supports multi-currency payments.
To help you get started, we have compiled a list of some of the best payment gateway companies from the USA.
- PayPal
- Stripe
- Authorize.Net
- WorldPay
- BrainTree Payments
Paypal is very well known in the industry and you can easily earn the trust of your users by integrating Paypal payment gateways with your ecommerce site. Paypal provides a faster and safer checkout experience. Paypal has multi-currency support (it lets you accept 26 currencies), and also can accept all top card types like Visa, Mastercard, AMEX, Unionpay and Discover.
Stripe can accept over 135 currencies and that speaks volumes about their commitment to make it a global company. Stripe is a trusted brand and you can easily integrate Stripe with your ecommerce platform and start accepting all major credit cards. Stripe is secure and is PCI compliant.
Authorize.net payment gateway can accept credit cards and electronic cheques. It accepts all major credit cards from Visa, MasterCard, American Express, Discover, Diner’s Club, JCB Signature Debit Cards. Authorize also supports multiple currencies and can accept payments from across the globe. To be a merchant of Authorize, you need to have business in the United States, Canada, United Kingdom, Europe or Australia. Authorize has an excellent fraudulent transaction detection service using its Advanced Fraud Detection Suite™ (AFDS).
WorldPay has multi-currency support and you can accept payments from users all over the world. It can easily be integrated with Magento platform with its Magento extension. Also, there is no need for PCI DSS Certification as all the payment data is transmitted through WorldPay’s payment form. Not only Magento, it can also integrate with platforms like Demandware, Oracle, IBM, Hybris, Intershop, Vindicia, Zuora, Recurly, and more.
BrainTree is an innvovative company and frequently releases new updates to their product to make it more secure and up-to-date. Using Braintree payments, you can avoid any fraudulent payment activities and provide a secure user experience. Braintree has easy options to integrate with all the major ecommerce platforms.
Choose a trusted, cost efficient payment gateway for your ecommerce services to provide a good checkout experience for your buyers. There are 100s of payment gateways available in the market and we hope that we have eased the gateways selection process with this “Top 5” list. We have selected these payment gateways based our ecommerce development experience and based on the rating from G2crowd. Hope you’ve found this post useful.
Integrating your ecommerce platform with the right payment gateway is much more important than selecting a payment gateway. Improper configuration can provide a poor user experience. Need help with payment gateway selection and integration? Consult with our ecommerce website development team and they can guide you through the process.
