Top 10 Payment Gateways For Accepting International Payments
A few years ago there were only a few payment gateways options available due to which the order placements used to take a lot of time. But today the use of online shopping and online transactions is hiking rapidly.
People prefer to purchase online instead of going out and shop due to the hectic schedule. But no online store or any online business can grow without a proper payment gateway. You need to provide your customer with a secure and convenient way of making payments online. If the customers find a good and flexible payment option, then it reassures the customer return. On the other hand, a failed payment service repel the customers.
So, it is important for you to have a powerful payment gateway for accepting payments for your business. However, with so many payment gateways available in the market, it becomes quite difficult to choose the best one for your business. If you are a merchant who is looking to expand the business to more countries or if you are looking to provide services or products internationally then here we have a list of the top 10 Payment Gateways For accepting International Payments. These would help you to choose the best option for you. Let’s have a look.
Best Payment Gateways For Global Businesses
Let’s start with the most used and one of the oldest payment gateways available for accepting international payment. PayPal is a powerful payment gateway with a large number of userbase. It is also used by millions of websites for accepting the payments. Using Paypal is pretty easy. You just have to follow a few steps to setup your Paypal business account and start receiving payments. In fact, it does not take a long time to approve the account. You can get started as soon as you sign up.
The best thing about PayPal is that it doesn’t charge any setup fees. You can create your Paypal account free of cost. It lets you pay for anything online if the merchant website supports it and for accepting payments its an amazing payment gateway. There is a transaction charge of 4.4% + $0.30 for the transaction cost when you accept international payments or any payment. But for buyers, it is totally free. Although, the transaction charges are higher than most of the other payment gateways so it is wise to provide PayPal payment method along with some other options too and let the customers decide how they would like to pay for your service. Here is a list of some PayPal alternatives for transferring money online.
Another popular international payment gateway specially for the USA is Stripe. Stripe is a wonderful payment gateway for the international payment. If you are an online business owner or seller you can easily accept payments from your customer using Stripe via different credit/debit cards. The interface of Stripe is pretty simple and user-friendly.
It offers you several payment options to accept international or local payment. Along with all the major debit and credit cards, Stripe also supports several wallets including Alipay, Amex Express Checkout, Apple Pay, etc. The payment via Stripe is totally secure. From the Stripe API or dashboard, you can easily get all the real-time information and reports regarding charge, transfer, fee, and refund.
Amazon Payments is also a nice payment gateway for accepting international payments. It is great for merchants and clients. If you own an online store then you can easily implement in your website to provide your users an easy and smooth method for making payments. The good thing about Amazon Payments is that it doesn’t require the users to fill their information as it identifies the users the moment they login. All their Amazon account details such as an address, name, card details, etc. are taken so that the users don’t have to input their details again-n-again.
Amazon payments are very secure which relieves your users and trust the payment methods you offer with Amazon Pay. You also get tools to promote your business, sell products and manage orders. The transaction fee includes 2.9%+$0.30+taxes (when the purchase is successfully authorized and processed).
Authorize.net is also a wonderful payment gateway you can use for your site to accept the international payments form your users. It was founded in 1995 ad since then thousands of merchant sites are using this amazing international payment accepting service. There is one feature of Authorize.net which stands it out from the other payment gateways and that is its ability to identify the fraud sites. It is also great for a small or medium-sized business to grow their business a sit offers you a flexible payment options for your users. It lets your users pay via cards and electronic cheques.
Well, unlike other mentioned payment gateways, it does charge monthly gateway fee of $25. The transaction fees include 2.9% + $0.30.
You can also use 2Checkout for accepting the payments as it is one of the best payment gateways available. It is also the most popular online payment gateway you can find in the USA. It is also pretty easy to use. This online payment gateway provides you an easy payment API that you can quicking integrate into your site without any hassle. When you first try 2Checkout it provides a real demo on how to use this for accepting payments etc.
The thing which attracts merchants who want to take their business globally is the support of over 15 languages and 90 currencies which is amazing. You also get the benefit of other features of this online payment gateway including advanced fraud protection, recurring billing, and mobile optimization.
If you own a Canada based business then you must try FuiturePay. This payment gateway is for all the Canada based businesses who do not want to pay that huge tax for the transactions. Also, it doesn’t impose high processing fees on your customers. It offers you a smooth and robust interface which is easy to use and makes taking payment a piece of cake.
Many Canada based businesses are using this superb payment gateway for their e-commerce channels. You also get the flexibility in payment methods which also help you grow your business as your customer gets great options for the payment.
Let’s talk about Square which is also one of the best and most used payment gateways for accepting international payments. Square is also a good Paypal alternative. Well, it may not much popular but its a great payment gateway especially if you are a merchant based in the U.S., U.K., Canada, Australia, and Japan. As it only provides these countries merchants to accept card payments.
There is a unique feature of this online payment gateway that it provides you a free domain and online store with payment solutions. It also offers you add-ons like add-ons payroll, appointment booking, and employee management. The transaction fee of Square is 2.9% + $0.30 per transaction.
WePay is absolutely free to set up on your website. It provides you power solutions for accepting the local as well as international payments without any issue. It was started in 2008 but only to pool money for shared expenses. Then it changed to providing payment services for different platforms. Since then it is gaining huge success and still growing quite fast. You also get the modern payment options including Apple Pay and Android Pay. Just like the other online payment gateways, WePay also charges you 2.9% + $0.30 per transaction.
Here comes another good online payment gateway that can be used if you are looking for some good online payment gateway for your business. The best thing is that Payoneer can be implemented in your system very easily so that you can start receiving your payment with no problem. There is no need to have knowledge about any programming language in order to implement this payment gateway system in your website your service. But the downside of this online payment gateway is that is charges a high fee when accepting credit cards. You can also configure your Payoneer account to make monthly payments to your employees.
The last but not least online payment gateway is Braintree. It is also a popular payment gateway which can be adapted by the merchants to provide their users with a convenient way of making payments. It is great for all types of businesses. You would love its seamless checkout experience. This online payment gateway is also fully secure and provides the customers with a confident and secure payment method to make them return to your website again.
So, these were some of the best online payment gateway systems. All these are the top best payment system you can find over the web. The transaction fee is almost the same for all these payment gateways. You can choose one that suits your business model.
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