Getting paid is the ultimate goal for anyone who renders services or offers products online. Whether you run an online business or work for an established organization, you need a secure and unfailing payment gateway, as well as fraud management solutions. Most industry-leading payment gateways integrate well with most websites, including e-commerce sites, online marketplaces, survey sites, dropshipping websites, and more. Finding a payment gateway with user-friendly interfaces, manageable service fees, and multi-platform integration is paramount for any business to be successful.
The Most Secure Payment Gateways to Know
Payment gateways are encryption systems engineered with great security technologies to protect sensitive user data while facilitating seamless transactions. These systems integrate with credit cards, bank accounts, and other electronic payments, ensuring people can pay for goods and services. They charge monthly or per transaction, with some gateways having more reasonable transaction fees than others. When comparing popular paid online survey websites, choose one with better pay rates, feasible payouts, and support for trustworthy payment gateways.
Below, you’ll find accurate and concise information on the most well-known payment gateways avaialble on the market today. These options have their fair share of pros and cons, so choosing the one best suited for your organization is essential.
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PayPal is an internationally accepted online payment gateway owned and operated by PayPal Holdings, Inc. PayPal is available in over 200 countries and supports over 25 different currencies. It has a user-intuitive interface with an easy-to-understand design and support for integration to multiple merchant websites. PayPal lets you add payment products and customize smart payment buttons to your liking.
Registration is simple, meaning you can create, activate, and use your account within minutes. You can create a business or personal profile and link it to your credit card within minutes. Many online marketplaces, content mills, e-commerce sites, and survey websites support payment via PayPal. PayPal processes payments instantly at a small fee—the charges per transaction depending on the currency, type of transaction, and location.
Stripe is a fast-growing Irish-American financial company officially launched in 2009 by Patrick and John Collison. This flexible payment processor offers online businesses and shoppers great tools to easily make online payments. Stripe has the finest collection of present-day e-commerce payment features.
Stripe charges a flat rate and does not have a monthly or cancellation fee. With Stripe, you can access your funds in over 135 currencies. It has a customizable checkout flow, quick setup, and 24/7 customer support accessible via live chat, phone, and email. However, its open API and tools are challenging, especially if you don’t have software development experience.
With Stripe, one can initiate payments from digital wallets, SEPA/BACS direct debit, and credit cards. Its fee structure is straightforward, and credit card transactions charge 2.9% + $0.30 for every transaction.
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WePay is a USA-based online payment processor with API-enabled integration. This gateway integrates effortlessly with small business software firms, crowdfunding websites, and marketplaces. It has partner risk and fraud protection and innovative software, providing the security and reliability businesses need when making online payments.
WePay enables handling multifaceted payments and works flawlessly with businesses of different sizes. It has a great dashboard to see all your transactions and revenue. The per-transaction fee of 2.9% + $0.30 makes it quite an affordable option, too. Payments are quickly processed, with notifications sent immediately to your email. Unfortunately, WePay does not have credit card swipers.
Worldpay is a radical American payment processing firm owned by Fidelity National Information Services. This payment gateway targets small businesses in key industries such as professional and personal services, grocery, food services, and restaurants. They don’t offer upfront pricing, and for you to know about the fees, you have to call them via an online quote generator, phone, or email.
Worldpay targets a global clientele, serving more than 100 countries. The service allows you to customize the look of the payment pages. As for its integration, it integrates well with most business software solutions.
Adyen is a Dutch-based firm working with financial firms to help businesses accept point-of-sale, e-commerce, and mobile payments. Merchants can effortlessly accept electronic payments from real-time bank transfers, credit cards, wire transfers, and debit cards. As a top-tier and versatile gateway, it provides various options to pay for your purchases, including local cash-based methods and mobile payment.
It supports over 250 payment methods, 17 settlements, and 187 currencies. Adyen integrates with drop-in components and the majority of payment methods. Its comprehensive reporting dashboard offers insights to help you review your transactions in detail. However, its customer support is slow, and the platform does not support customization.
Paying or getting paid for online products and services should not be difficult. However, the online payment processing industry is not entirely free from scams. Getting scammed online when you use untrustworthy payment gateways, known for closing and limiting user accounts immediately after processing payments, is not uncommon. Whether you work online or have a business generating income online, you should use safe and reliable payment gateways if you’re aiming to succeed.