Top Six Payment Gateways For Your E-Commerce Website

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Top Six Payment Gateways For Your E-Commerce Website

Payment methods are a salient part of any eCommerce site. If one of the goals of your business is to make a profit, how can you do that if you cannot receive payments online? There are many payments methods available to accept payments online. They have gained popularity due to their competence and reliability over the years. As great as this sounds, you still have to consider some factors. These factors include different carrier charges, how safe and convenient it is to use, and so on. Safety and convenience are very important because you don’t want your customers having doubts about paying on your website. Because, if they do, then you risk losing them to your competitors.

Importance of Global Payments for E-Commerce Stores

The importance of global payments for e-commerce stores cannot be overemphasized. This is because as an e-commerce website, it attracts tons of customers from across the world and allows them to pay for your products. You can easily lose foreign customers if your site lacks a global payment system. Integrating payment services that can accept payments from multiple countries, using a reference currency or even domestic currencies is beneficial for your store. First, you do not lose money because you can get paid from anywhere. Also, your products can become international, going beyond your country of operation.

Six Payment Methods your ECommerce Business must Have

Below, we have curated a list of five payment methods you should make available on your e-commerce site. You guessed right, they are all available globally.

1.  PayPal

PayPal is a global household name for processing payments and sending money. When it comes to factors like security, the convenience of use, reliability, and so on, Paypal has built a reputation that speaks well for itself. According to Statista, PayPal now has more than 361 million active users all over the world. This is a huge increase in its usage when compared to the 237 million users it had at the beginning of 2018. Paypal is not just known by everyone globally, it can give your e-commerce website more credibility, especially if you are just starting out. Plus, it is a very easy payment gateway to integrate into your website.

Furthermore, the PayPal wallet is one of the most commonly used digital wallets all over the world. Many people spend directly from their wallets rather than through credit or debit cards. When you integrate the PayPal service into your e-commerce site, you can accept PayPal credit, credit and debit cards, and Venmo payments. However, you should know that any e-commerce sale on US soil, will attract a 2.9% + 30 cents per transaction, and for international sales, a 4.4% + a fixed amount depending on the country where the purchase is made. These charges are worth it considering the good service offered by PayPal.

2.    Stripe

Stripe is another great payment processing platform you can incorporate into your e-commerce website. Stripe’s payment gateway provides different options for payment and can also accept payments from multiple sources like digital wallets, credit and debit cards, over 135 currencies, and ACH transfers. Stripe is also developer-friendly and they offer great tools that allow users to customize their payments whichever way they like. The available library for coding languages, easy-to-use API, comprehensive integrations, and other features, leaves web developers with many options to choose from. Apart from online payments, Stripe also supports physical payments. This is a huge advantage if you already have a physical store. That way you can remain consistent in both marketplaces. With Stripe, you are charged 2.9% + 30 cents for every transaction and an additional 1% charge for international cards. For ACH transfers, it charges 0.8% of the transaction with a $5 maximum fee.

3.    Square

Square is another payment method you should consider if you have a brick-and-mortar shop and an e-commerce site. The reason lies in their stellar Point Of Sale system that integrates seamlessly with their payment method solution. Square also offers a fantastic e-commerce website builder as part of its product. This tool comes in handy for new e-commerce merchants looking to build a new website. Square partners with other platforms like Wix, OpenCart, 3Dcart, WordPress, Zen Cart, and helps merchants use these bases to set up payments. Just like PayPal and Stripe, they charge 2.9% + 30 cents per transaction.

4. is an e-commerce payment service from Visa. The service allows merchants to receive payments from clients from anywhere on the globe. processes payments in three major steps: Authorization, capturing, and settling. These steps occur within seconds and your funds are remitted to you immediately. also provides Point Of Sale services, mobile payments, mobile card readers, and eCheck services. With the advent of COVID-19, recently included contactless payment solutions for merchants with brick and mortar stores. The service charge is a flat rate of $25 monthly, plus 2.9% + 30cents for each transaction on the account. collaborates with over 140 e-commerce business providers and gives merchants the required tools for easy integration into those platforms.

5.    Checkout

Checkout focuses on providing access to international payments for businesses for local success. The payment service accepts funds in over 150 currencies and pays merchants in over 20 major currencies. Consumers are allowed to pay via credit cards from local banks and various digital wallets. Checkout provides summaries of transactions and analysis of money flow on their unified payments platform. Checkout’s pricing is tailor-made to your store’s peculiarities, payment needs, and average monthly processing volume. This can be gotten by filling out a form on their website to request a quote.

6.    Adyen

Adyen’s major hotspot is the all-in-one merchant dashboard. It features already analyzed data about sales, conversion rates, and reports about your business. Adyen receives payments for your business using various popular payment methods and digital wallets. Adyen charges a flat rate of $0.12 per transaction from North America, Latin America, and Asia Pacific countries. Countries from Europe, the Middle East, and Africa are charged a flat rate of €0.10 per transaction. This payment service offers a subscription-based payment gateway for e-commerce businesses. Businesses can request a quote by also filling the form on their website.


Your payment methods are your gateway to raking in cool cash from your e-commerce site. The more credible options customers can find on your site, the more incentives they have to shop with you. From the list above, you are armed with more than enough payment services to cater to any of your clients’ payment needs. We are rooting for you on your journey to success!

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