The Top 20 Payment Gateway Providers
Authorize.net deals for almost every vendor account, making it one of the most flexible providers of payment gateways on the market. All major credit cards, debit cards, digital payment forms, as well as e-checks and international payments from most countries, can be approved using Authorize. Net. Apps include a customer information manager, automatic recurring billing, invoicing, a developer API, and Xero and QuickBook integrations. What’s more, an innovative fraud detection system is also available.
The expense of using Authorize. Net is $0.10 per transaction as your payment portal and a monthly subscription fee of $25. You can also sign up for an all-in-one plan which includes an integrated TSYS or Dharma Merchant Services merchant account. Authorize. Net also provides monthly contracts, with no penalties for setup or early termination.
Stripe is a payment service provider, which means it offers a payment gateway connected to an aggregated merchant account (a merchant’s account held by many merchants). Through Stripe, you can accept all major payment types, including several international credit card networks, and payments through PayPal. Stripe is best known for its developer tools, which enable merchants to do anything to code their personalized transaction reports from creating a branded payments page. There’s also a machine-learning system for fraud detection and 24/7 customer service.
Stripe charges electronic credit card purchases a flat 2.9 per cent + $0.30 fee. There is also a chargeback rate of $15, and contracts month-to-month. Furthermore, Stripe provides the option of purchasing credit card terminals for in-person purchases (prices start at $59).
PayPal provides two payment gateway options: Payflow Gateway, and Payflow Pro. They both work with all significant networks of credit cards, digital wallets and eCommerce platforms. Certain apps include the ability to process 25 different foreign currencies, arrange recurring billing, and monitor your purchases via a dashboard for account management.
On both Payflow Connect and Payflow Pro, you’ll pay a $0.10 transaction fee. PayFlow Pro also comes with a setup fee of $99 and a monthly payment of $25. However, with PayFlow Pro, you can get an assortment of additional features, such as the ability to build an utterly customizable checkout page.
Braintree is a PayPal company which provides payment gateway. But, unlike PayPal, when you sign up for the Braintree payment portal, you have a dedicated merchant account. Although not as robust as Authorize.net, Braintree can still integrate with an extensive network of e-commerce sites, automated invoicing, analytics applications, and plug-ins.
Braintree, once fitted, allows you to accept all major credit cards, including digital wallets, ACH deposits, Venmo, and PayPal. Braintree will accept payments in more than 130 currencies, as well. Other features include recurring billing, a manager of customer records, monitoring tools and developer APIs.
Even Braintree offers all purchases with data protection, payment authentication, session management, and activity tracking. You must pay 2.9 per cent + $0.30 per transaction to use Braintree, as well as a 0.75 per cent ACH transfer fee, a 1 per cent fee for foreign exchange transactions, and a $15 fee for purchases.
- Amazon Pay
If you are already selling your goods on Amazon, Amazon Pay could be a good gateway payment provider for you. Through Amazon Pay, users can use their Amazon credentials to complete their purchase, removing the need to punch in their credit card information. Amazon Pay also provides an API which means it can be customized to suit the website’s look and feel.
There are no setup costs, but for all domestic purchases, Amazon Pay takes a 2.9 per cent + $0.30 break. The figure jumps to 3.9 per cent for international transactions. Contracts are weekly.
Square, like Stripe, is a payment service provider which means that your payment gateway is incorporated into your merchant account. Square is also highly flexible, operating with most ecommerce sites, as well as a variety of external tools from third parties. You can also customize your integration with the Square API. Additionally, you will be given a free mobile credit card reader and access to free POS apps to work with Square. Nearly all Square payments have end-to-end encryption.
There is no fee to subscribe to Square. For all electronic transactions, you can pay a 2.9 per cent + $0.30 charge and on in-person transactions, 2.75 per cent. Square does not charge setup fees or PCI compliance fees.
BlueSnap is another provider of payment gateways and also provides an integrated merchant account. You will accept all major credit cards with BlueSnap, as well as Diners Club and JCB. BlueSnap can also enable ACH transactions and payments from all significant digital wallets, including Skrill and PayPal. You also deliver high-tech services such as smart payment routing, a failover system, plus the option to retry failed recurring payments and upgrade the account while customers are using new payment methods. Security features include global fraud protection and a forum for charging-back management.
U.S. transactions are valued at 2.9 per cent + $0.30. It’s 3.9 per cent + $0.30 for overseas purchases. And there are no subscription fees, no setup fees, no early termination fees.
WePay is another payment gateway service which also provides an integrated merchant account. You receive your merchant account with WePay by Chase Merchant Services. WePay is designed to support omnichannel merchants, meaning merchants selling through several online platforms. We endorse all large credit cards, as well as purchases made by Chase Pay and ACH. Specific features include onboarding immediately (include an email and go), the ability to create a personalized payment page, and tools for risk and enforcement. Pricing is basing on quotations.
The 2Checkout payment gateway, known as 2Sell, operates with all significant modes of payment and combines over 120 ecommerce platforms. Can accept payments in 100 different currencies and allows you to host your checkout page, set up recurring transactions, collect payment history data, and configure your integrations through an API. There are also add-ons to boost the sales rate, handle subscriptions and gain enhanced support from customers.
To use 2Sell, one of the three product plans of 2Checkout that range in price from 3.5 per cent + $0.35 per transaction to 6 per cent + $0.60 per transaction must be signed.
Dwolla is an exclusive supplier of payment gateways in that they are primarily developed for ACH payments. The merchants can use Dwolla to create a white-label payment service for their company. Cases of usage include real estate owners seeking a way to collect rent payments electronically from tenants, utility companies, money management businesses and reimbursement programs.
In addition to sending, receiving, and facilitating ACH payments, Dwolla also provides users with a digital wallet where they can store amounts, plus the ability to manage scheduled and recurring payments. In terms of confidentiality, Dwolla allows all customers to review their account details before the payment is submitted or received. Additionally, Dwolla encrypts all information that is sent across its network.
Dwolla pricing is quote-based while a free plan exists. Two paid plans by Dwolla offer additional levels of functionality.
Skrill is much like the European PayPal version. With Skrill, you can request customer payments and only be charged a 1 per cent transaction fee — much lower than your usual gateway to pay. Users must have a Skrill account with a credit or debit card connected to it to pay. Skrill can also accept foreign payments at a transaction rate of 1.9 per cent. Skrill’s embracing 30 different currencies
You can store the money in your digital Skrill wallet, or send it directly to your bank account. Even, Skrill lets you attach a purchase button to a website. Safety features provide a scanning tool to prevent fraud.
The payment gateway provider Payoneer combines all transactions into a single merchant account with the top ecommerce platforms. Payoneer is currently able to accept payments in more than 150 different currencies. Payoneer features include a dashboard where you can monitor your purchases, and a Payoneer app application tailored explicitly for running an Amazon store.
The best thing is that Payoneer does not charge any fees for approval of payment from other Payoneer customers. If you want to accept payments directly from customers outside Payoneer, you will be paid 3 per cent for credit card transactions and 1 per cent for e-check payments.
Worldpay, one of the largest providers of retail services in the U.S., provides a payment portal that enables retailers to accept 300 different forms of global payments. The Worldpay payment portal also provides tools for fraud, risk management and analytics. Also, Worldpay combines hundreds of shopping carts, POS, booking systems, and travel systems. Remember that the Worldpay payment gateway allows you to use a Worldpay merchant account.
Worldpay charges 2.9 percent + $0.30 each. Higher-volume traders may, however, qualify for a lower rate of 2.7 per cent + $0.30 per transaction.
There’s BitPay for merchants that trade in cryptocurrency — a payment portal for accepting Bitcoin payments. BitPay allows you to send and receive Bitcoin payments on a website, by email, or via a digital wallet. BitPay can also work anywhere in the world, paying only a 1 per cent fee for all transactions. All processed funds hit your wallet within 48 hours. BitPay also offers a payment dispute resolution system for their clients, and tools for paying back and identity theft.
Next up is BluePay, a provider of payment gateways which has won several awards. Payment gateway BluePay can accept all major credit cards as well as ACH payments. Also, BluePay incorporates all big ecommerce sites, POS systems and payment plugins. Also, advanced control features include logging, batching, recurring payments, returns and voids, and device permissions.
BluePay does not mention exact details about rates on their website. Instead, they say “costs are calculated by a variety of different variables, including the types of cards that you accept, how you process payments, and what data you transmit on the transactions.” BluePay provides tailor-made packages for small, mid-sized, and multinational companies.
Payeezy is a payment gateway provider operated by First Data — the world’s largest dealer services group. For over 70 ecommerce sites, the Payeezy Gateway incorporates and can accept several different types of credit cards, as well as PayPal payments and electronic checks. This can also convert most foreign currencies, allowing you to host customers around the world. Your trader account is provided with Payeezy by First Data.
Note that First Data does not provide the Payeezy payment gateway with any specific pricing information. Instead, pricing is dictated by, among other things, the services you need, your industry and the number of transactions in your market.
SecurionPay itself is branded as one of the fastest converting payment gateways on the market. Their integrated all-in-one checkout system can support all primary forms of payment and can run in 160 countries and 24 different languages. In only a few lines of code, SecurionPay can be incorporated into several different platforms — and SecurionPay provides an API for more sophisticated integrations. SecurionPay also allows you to build your custom payment page, cross-sales feature after a transaction is complete, and manage recurring payment subscriptions. Safety features provide tools for minimizing billing, detecting fraud, and blacklisting fraudulent accounts.
As SecurionPay is located in Europe, their default payments are in euros. Approximately converted into USD, their costs to use their service amount to a flat 2.95 per cent + $0.28. There is no setup fee, but there is a chargeback rate of $28.
- Payline Data
Payline Data offers a payment portal that directly connects with its retailer accounts, and is compliant with 175 different ecommerce sites and shopping carts. For accept cash, debit and electronic payments, you will use it; manage invoices, and plan recurring payments. Multiple merchant accounts can also be used with the Payline Data gateway.
Specific advantages include saving consumer payment information, handling large amounts of transactions at once (5000 sales in as little as 90 minutes), and inventory management. Using the Payline Data portal, you must pay a transaction fee of 0.3 per cent + $0.20. There is also a $20 annual fee and a total of $25 annually on transaction fees. You will be charged a chargeback fee of $25. PCI compliance fees do not apply.
Carestream is a UK-based payment gateway service providing an open API, and only a few lines of code can be added to the website. When enabled, all payment methods, including credit cards, debit cards, digital wallets and alternative payment methods, will be open to you. What makes CardStream very special is that it’s a white label solution, meaning you can use it to deliver a self-hosted payment experience.
Although the payment gateway for CardStream is not integrated, you are given the option to integrate with several top merchant acquirers, including WorldPay, Elavon, and First Data. The payment network CardStream is secured by DDoS mitigation software. The built-in security settings inside the gateway include the guidelines for AVS, CV2 checks, 3D Secure and velocity checks.
Carestream will accept all major credit cards and make periodic payments simpler, as well as send e-receipts. Pricing is quoted dependent on CardStream.
Finally, there is AlliedWallet, another portal service for the payment plug-and-play. You inject a few lines of code into your ecommerce website with AlliedWallet to create a sleek, host payment portal for your customers. Supported forms of payment include all significant credit cards, PayPal, Amazon Pay, GiroPay and many more. AlliedWallet also integrates for most ecommmerce web pages and is supported 24/7. Safety tools provide end-to-end encryption and support for the charging back.
AlliedWallet does not have the setup fees. The transaction fee starts at 1%.