It does not matter how your online store functions and visually looks until you can achieve success through it. Selling products through the e-shop is the aim of everyone and all merchants try to perform better in this realm. For this, elegant design is not enough; hence, endeavor to gain the visitor trust and make it your major mission. This is important for the future growth and you can acquire it through the payment gateway. This works as a reliable tool and reassures the store visitors for the trustworthiness.
Why Payment Gateways Are Important For E-commerce Websites!
Expecting an e-commerce site without payment gateway seems indigestible thing or you may compare it to swallowing too bitter pill. This means, their presence is vital to stay in the competition with the successful e-commerce site. Taking care of only payment gateways and products is not enough for a business purpose execution; therefore, you should accept the fact of countries covered, signup fee, currencies supported, transaction fee, customer support, and product going to be sold. If you weigh all mentioned parameters and set them as per your priorities, then you’ll definitely reach the final conclusion.
Doing payment through the Internet creates fear in the users’ mind due to augmenting online frauds. This is why, the customers think around 3 to 4 times before making any online transaction. What firstly attracts the audience in the e-shop site is the company’s reliability. Customers do not love to share their credential information until & unless they got convinced that their payment and credentials are going in safe hands. Thus, we have developed a list compiling top-notch payment gateways used for the eCommerce site development after weighing essential parameters and thorough web research.
Payment Gateway List You’ll Love!
Though Google empowers a very popular payment gateway called PayPal, but a complete solution you can say in short is Google Wallet Card and money transfer. Spending & receiving money is painless with Big G; this is why, more people are addicted to it. Google has recently announced to release a physical card which would be connected to the users’ accounts and beneficial to take advantage of Google Wallet for all retail businesses. We have put Google Wallet at the top of list and reasons are simple for this that consist of convenience and major user support for it.
It processes nearly 8 million payments daily and holds more than 137 million active user accounts across total 193 markets and supports 26 currencies. You also get perks like cheques uploading via the smartphone camera and transaction execution without exiting the site.
This RBI approved payment gateway has earned a considerable place in the Indian e-commerce industry and has become the largest payment wallet across India. It brings diversified options with simple integration. Thus, many merchants like Fabfurnish, Jabong, Zovi, eBay, Uber, and so forth use this.
Another prominent choice of 400,000+ merchants, Authorize.Net was founded in 1996 that needs $49 set up fee and $29 monthly gateway fee. It’s a widely known solution suitable for osCommerce users & Magento stores. Furthermore, it allows you accepting e-payments through both electronic cheque and credit card.
Providing various easy-to-use payment options such as credit card, e-wallet as well as local payment services, Payza has already satisfied more than 100,000 customers that are from across the globe.
Skrill offering above 100 local payment related options in total 41 currencies has become one of the ideal payment gateways and spread its identity with a strong network across 200 countries. Above 135,000 merchants are reliable customers of it.
It has spread the ripples being a newer payment gateway entering in the global competitive market. As its popularity is rising day by day, so the possibilities are quite high for it to become the strong contender and come in the limelight.
BrainTree as the most powerful fraud protection system has earned the trust of an array of merchants rooted from different countries. Their roots are marked in 40+ countries and this figure is still boosting. It also gives you the authority to accept payment via Android Pay, Bitcoin, PayPal, & Apple Pay and just needs single time integration.
This has been in the business for 15 years and now providing the services across 196 countries accepting payments from mediums like debit cards, credit cards, and PayPal. Founded in the year 1999, it owns low-fee structure for the users and demands just “2.9% + 30¢” for each transaction to be paid. The interesting part with this is; you do not need to pay for either any setup fee or any monthly charges.
For the tight budget users, Freecharge.com is good as there is no need to pay the setup fee with this and it requires only $10 fee/month. In less than 1 hour, one can get its successful set up which has rendered 5200+ shopping carts since 2003 through credit card medium.
The payment gateway is considered as an essential eCommerce service because merchants are allowed through it to accept almost all type of Internet transactions like credit card and other related mediums securely. But, it’s also important to ensure their right set up or management on the e-store, otherwise, you may suffer order loss. Therefore, the perfect payment gateway implementation proves to be a key to long-term business success.
Steven Bowen is a columnist and professional blogger associated with No-refresh: Web to Print Design Tool Provider, who likes sharing informative post with high-quality content to enhance the visitors’ knowledge.