Increasing demand of online stores and assured user entrance, convince business owners to opt eCommerce development services by professionals. It makes sense that having an online store will emphasize the audience reach and improves online impressions.

As an another Pros, an online store gives a great option to showcase best products online and promote to direct buyers without spending much on inventory, promotions and product insurance & security.

With an assurance of almost 50% more user enhancement and market reach, eCommerce portal development needs several things such as SSL certificate for secure transactions, Payment Gateways for payment transactions and other APIs for social media promotions, market place integrations and inventory collection.

As a major aspect of eCommerce portal success, recommended and reachable Payment Gateway integration is essential. Without a user friendly, recommended and integrated payment gateway, eCommerce success just looks like a myth. Here, beneath we expose several features of different popular payment gateways along with their use, price and availability. Take a look before selecting one-

PayPal

Well known, trustworthy and highly recommendable payment gateway that is acceptable in almost every country and compatible with 100+ currencies. This 17 year old organisation acquired Braintree and Venmo and set a separate identity from eBay. With a great support and ease of use, e-businesses prefer to integrate PayPal with their eCommerce stores.

PayPal allows a business to accept payment through different methods such as Credit Cards, Debit/ATM Cards and PayPal. There is no need to have a merchant account to integrate PayPal in a store and there is no other obligation to fulfil.

PayPal Stats:

  • Cards Acceptable: Visa, American Express, MasterCard, Discover, etc.
  • Daily Payments: 10 Million (approx.)
  • Active Accounts: More than 165 Million
  • Countries Supported: 200+ Countries and 100+ currencies
  • Payment transaction fees: 4.4% + $0.3 each.
  • Registration Fee: $0 along with no monthly fee

Authorize.net

Another well-known payment gateway that allows a business owner to design custom payment forms to get paid. It is compatible with 190+ countries, but only US residents can sign up here. Since 1996, Authorize.net has continuously grown its user base and reached at 440,000+ registered users.

It accepts almost all credit cards and debit cards including Visa, American Express, MasterCard, Discover, Diner’s Club and JCB. Along with a fix setup fee and a monthly fee, Authorize.net also has charge back fee. This eldest payment gateway support integration with all major eCommerce platforms such as Magento, WordPress, Opencart, BigCommerce, Shopify, etc.

Authorize.net stats:

  • Cards Acceptable: Visa, American Express, MasterCard, Discover, Diner’s Club, JCB etc.
  • Active Accounts: More than 440,000
  • Countries Supported: 190+ Countries
  • Payment transaction fees: 2.9% + $0.3 each.
  • Setup Fee: $49 along with $25 monthly fee
  • Chargeback Fee: $25

2checkout

Another preferable payment gateway, that has worked well since 1999 and offers a great support to their merchants. Following the same concept of PayPal, 2checkout allows business owners to register without paying a single penny. With no monthly fee, it charges only 2.9%+$0.03 per successful transaction.

Including it, payments through 2checkout supported by 196+ countries and allow a business to accept payments via Debit Cards, Credit Cards, and PayPal account.

2Checkout Stats:

  • Card Acceptable: Visa, American Express, MasterCard, Discover, Diner’s Club, JCB etc.
  • Active Accounts: More than 50,000+
  • Countries Supported: 196+ Countries
  • Payment transaction fees: 3.9% + $0.045 each (outside US/UK), 2.9%+$0.045 for US
  • Setup Fee: $0 along with no monthly fee
  • Charge back Fee: $20 for US sellers and $25 for others

Stripe

One of leading payment gateways that allow a user to accept payments through custom form transactions. Highly secured and reliable payment gateway- Stripe, has a different thought and because of that it builds their system for developers not for merchants.

With more than 100+ currencies and 25+ countries compatibility, Stripe does not charge any amount for the setup. With a charge back fee of $15, Stripe also oblige a user with no monthly fee. Along with traditional way, Stripe allows a business owner to accept payments via marketplace, third  party app and subscription.

Stripe Stats:

  • Card Acceptable: Visa, American Express, MasterCard, Discover, Diner’s Club, JCB etc.
  • Countries Supported: 25+ Countries and compatible with 100+ currencies
  • Payment transaction fees: 2.9% + $0.03 each
  • Setup Fee: $0 along with no monthly fee
  • Charge back Fee: $15

BeanStream

Features like mobile payment, recurring billing and On-Form payment makes BeanStream recommendable among leading eCommerce owners. Since 2000, company is working flawlessly and offers amazing payment gateway services to their users. SSL security, multiple card acceptance and more than 200+ countries support makes BeanStream in leading 5 payment gateways.

BeanStream Payment Gateway supports most popular eCommerce platforms such as WooCommerce, Shopify, BigCommerce, etc. Apart from a small transaction fee 2.25-2.65%, BeanStream doesn’t charge any amount for setup and in terms of monthly fee. It accepts all major cards – Visa, MasterCard, American Express, JCB, Diner’s Club, Discover, etc. to make their user comfortable while transaction.

BeanStream Stats:

  • Card Acceptable: Visa, American Express, MasterCard, Discover, Diner’s Club, JCB etc.
  • Countries Supported: 200+ Countries and compatible with 150+ currencies
  • Payment transaction fees: 2.25-2.65%each
  • Setup Fee: $0 along with no monthly fee

Few last words at the end

From the huge list of available payment gateways, it’s hard to select leading five. We have explored the internet and chosen those to make you assured about their features and fees. They all have great potential and already established great milestones that will make them lead. Find out your best option and integrate it with your existing eCommerce store to get paid in an easiest way.

Check out beneath Infographic for graphical understanding:

Infographics-Payment-gateways-to-follow-worldwidec

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