Payment gateways are one of the most-great technologies always created. Before, there was no reliable, secure, and fast way to transfer payments and shop online. But thanks to payment gateways, online financial transactions are now much better and faster.
The gateway to payments begins a significant transformation in how financial transactions are made. For example, Accenture states that in the ongoing expansion of the payment space, the key to success is the customer experience.
This means there is an urgent need for businesses to make invisible and frictionless payment transactions.
Likewise, a survey from Ovum found that companies were upgrading their payment systems to address emerging trends.
Most of these companies are increasing their payment technical budgets to strengthen security measures (44%), reduce total ownership costs (40%), and so on.
Another major reason for the growing focus on payment technologies are that Millennials and Gen Z’s leading purchasing power alone will be Gen Z, with 40% of global customers, between 2018 and 2020.
Overall, these statistics and trends reveal the rapid conversion that payment gateway platforms bring.
Thus, it is important for the business to keep an eye on these developments to stay ahead of the curve. It is equally important to know more about what a payment gateway is.
Here are the top 20 payment gateway providers for you to consider:
1. 2 Checkout: This global payment platform is trusted by over 50,000 merchants for its easy-to-use interface and broad capabilities.
For one, it accepts online and mobile payments from anywhere in the world.
Additionally, 2CheckOut processes a variety of debit and credit cards to help expand the payment methods that can support you.
Furthermore, it can integrate with online shopping carts and shipping systems to streamline your shopping process.
Meanwhile, this platform differentiates itself from its competitors by offering the option of creating a subscription plan.
What’s more, it allows users to set up recurring billing and offers a variety of checkout options.
Above all, 2 Checkout brings a Level 1 Payment Card industry data protection standard. That way, you can ensure that all your transactions are safe from online threats.
2. Standards is a reliable payment gateway software, a platform created primarily to facilitate mobile payments, enabling e-commerce businesses and local store owners to accept payments without a fight.
It brings all sales from your website, mobile application and POS system to a single, easily analytics interface.
This solution allows users to sell products and services anywhere in the world and pay for one place.
3. Stripe is an online payment platform created by industry experts who established partnerships with the broader payment industry.
These include expected partners such as local banks and major card networks, as well as unexpected partners such as W3C and industry associations.
This developer-centric solution allows users to quickly create production-ready integrations with modern tools from fast-reaction elements to real-time webhooks.
As such, it displays and displays prices in the customer’s preferred currency to help improve sales and avoid customer conversion costs.
4. PayPal Payments Pro is a successful online payment giant launching of payment processing services for e-commerce users without payment accounts.
Supported by today’s controversial top payment gateway, the platform is designed to streamline business transactions.
Furthermore, it allows phone-based credit card payments and gives users a simple powered kit to charge consumers right now.
Currently, it is the most comprehensive international payment gateway as it accepts 26 top currencies and can be used in over 200 markets.
5. Amazon also offers a secure payment service for its clients. The service is available to both merchants and buyers to facilitate their online purchase.
It works by using the user’s Amazon account information to complete check-ins and checkouts.
With a single login, the customer is instantly identified and enabled to complete the transaction, a possibility that is also available on mobile devices.
Amazon’s A-to-Z Guarantee secures these transactions 100% and does not incur any additional fees for doing so.
Like most payment gateways, clients are charged only a certain percentage of what they are transferring.
6. Braintree is a payment processing partner for businesses of all sizes and types.
It allows clients to receive, transmit process and split payments to maximize their business opportunities and increase their revenue.
All of its activities are supported by Braintree’s loyal partnership with PayPal. What Braintree is most known for is the seamless checkout experience it provides, creating an overall sense of security and confidence that motivates customers to come back.
At the same time, Braintree equips you with sophisticated anti-fraud tools that can help you manage risk and fight current and next-gen frauds.
To make sure all businesses have what they need, Braintree offers four separate modules.
7. Authorization.net needs a flexible solution in the retail and service environment that works in tune with their order management practices.
It was created to help merchants generate more sales at both local and online stores.
It covers full-time employees for work, stores and organizes data and helps fight fraud without constant checks and reviews.
After becoming one of the leading actors in the industry, Android.NET is a free mobile POS app for Android and iOS distributed as a package.
Has gained the trust of small and medium businesses by providing an affordable and secure payment solution, a free kit of website payment seals and fraud prevention tools.
What you will appreciate about this platform is that it provides 24/7 free knowledgeable professionals who will also assist you when creating a custom connection.
8. WePay is an integrated payment gateway that specifically supports software platforms for distinct omnichannel, POS and web-based needs.
Designed to allow this platform to be fast, seamless, and securely onboarding and processing, this payment solution provides software businesses with the flexibility they need to adapt their operations based on their objectives.
The direct referral functionality of WAP allows your clients to pay through Chase Merchant accounts without any hassle.
It likewise gives users complete control over the convenience of payment. It has wide support for multiple payment schemes, I) including ACH, II) debit and credit payments, while allowing your protege to choose monthly, weekly or daily payments.
Skrill is a relatively new, yet very successful UK-based payment service designed for both business and individuals.
With the service, you can make international transactions, and wherever you are in the world and from the comfort of your mobile device with a dedicated app in Europe, active users can submit a request for a prepaid MasterCard, and wherever the funds / You can use it to purchase the purchased product
Creating an account on Skrill is free and users are charged only for a certain percentage of what they are sending/receiving.
For the sender, this fee could come down to as low as 1% of the transaction value, making Skrill a preferred option on many of the world’s most expensive platforms and gateways.
Skrill is easy to link to any bank account worldwide and takes great care in protecting your payment information.
9. PayU is one of the simplest payment solutions designed to fill the gap between an Indian payment processing corporation’s product and complex service providers.
Expert community praised PEU for best conversion rate (12% appreciated), providing more than 45
Recently, PayU has become one of the very few providers of this type to offer OneTap payments and achieve a major technological breakthrough, enabling second-time users to avoid having to enter their CVV again.
The platform reads and submits OTP on behalf of the user and complies with the highest PCI and DSS criteria for data protection.
10. Payoneer is an intuitive international payment gateway that allows small businesses and freelancers to become active participants in the global marketplace.
With its innovative mass transit platform, Payona helps their contractors or remote workers easily pay from anywhere in the business.
Using this platform, you can be sure of world-class payment services that are cheap, secure, client-friendly and fast.
With this Payoneer national service, SMBs, and freelancers can easily send and receive payments while simultaneously maintaining better markup revenue.
In addition to a wide range of currency support, users can get full support for more than 35 languages in addition to free transactions for a select few currencies.
11. Designed for private and professional use, Payza is one of the fastest and easiest online money transfer solutions in the world.
You can accept transfers from credit cards, bank accounts and Bitcoin accounts, process payments directly on your e-commerce websites, and shop online with the money stored in your Payza Wallet.
To make this process easier, Payza offers a dedicated card that you can withdraw or pay on the spot.
The page now has a wide range of Bitcoin and Altcoin services. This means that members can exchange, add, withdraw and transmit Bitcoins in Fiat currency or Bitcoins.
At this time, Payza supports up to 25 currencies and it enables hassle-free and quick exchange.
You can also use your page credit to pay bills online, remit remittances or place orders and calculate conversion rates before choosing the option to exchange for one of your local ones.
As a user, you will also be entitled to a dedicated Dispute Resolution Center and all issues will be raised with other Pizza users resolved by experts and professionals.