With life moving at such fast pace and most actions accomplished with a single click. There’s no denying that online payments have made our digital life all the easier & convenient. Most popular online payment forms are credit & debit cards. Besides these you have payment methods such as bank transfers, e-wallets, smart cards or bitcoin wallet.
If you have your own ecommerce store, run an online business, in need of payment gateways for your website, or just a customer to make digital transactions, it is essential to use E-Payment systems for smooth monetary transactions. You just need to choose a powerful tool that reassure your visitors to hold trustworthiness into your store. You are required to find your target audience’s need & provide them with the most convenient and relevant e-payment portals.
10 Best Online Payment Services
Here we have put together 10 best online payment solutions from the variety of payment methods available. Presenting to you some e-payment portals you can rely on, to be secure, and cost-effective.
1. Google Wallet –
The biggest tech player in the world Google has its own payment gateway GPay or previously known as Google Checkout. It’s simple, easy and free way to make and accept payments. It gives an opportunity to receive money from anyone that means they don’t need to carry wallet app in their phone, just an email Id or phone number. It brings together all the features you need at checkout and keeps all your information secure. It is fast & easy to use payment method in millions of places. For convenience and managing large number of payments, Google Wallet tops our list.
2. Stripe –
One of the biggest competitor of PayPal (which rules the market of payment solutions), Stripe is easy to use & simple to set up. Integrated with most third-party service and works with 300 other apps. Stripe provides you several payment preferences for users like Debit/Credit Cards, Bitcoin, Apple Pay and Android Pay. Irrespective of whether Stripe has launched in their country or not, users will be able to transfer funds here.
3. WePay –
Available only in United States. This portal allows individuals to send invoices & carry out their transactions. It has recently added e-store pages to let their users book tickets for a show, travel and hotel bookings, donate money and so forth do everything online. WePay charges 2.9% plus $0.30 for all credit card involving transactions. 1% plus $0.30 for bank account payments. There are no hidden charges & no monthly rentals.
4. Amazon Payments –
Make super easy for your customers, by accepting payments through Amazon Payments. Users simply have to use their amazon credentials which makes the checkout process more convenient. Amazon charges are little different for domestic & international payments. Talking about U.S. its domestic processing fee is 2.9% plus authorization fee of $0.30, and tax where applicable. For international payments a flat fee of 3.9% plus $0.30 authorization fee per transaction. It offers One click payments where customer can buy & pay for goods with one click.
5. Due –
Suitable for freelancers & small business owners. Lately it has announced to accept secure online payments for just 2.3% transaction rate. Due accepts payments globally which commonly occurs in 2 business days – which is comparatively fast than other gateways. Due offers a digital wallet where you can store your cash online and you can send or receive money to anyone in the world instantly with little to no cost.
6. Transferwise –
This platform is little different from other services mentioned, as it majorly focuses on International Payments. It’s best for the people who have international clients. Advantage of using this mode of payment system is that all transfers are made on real-time exchange rates (i.e. how much goods & services in the domestic country can be exchanged for goods & services in foreign country). You can easily track your transfers at every stage through mail with its app.
7. Payoneer –
Available in 200+ countries & accepts more than 150 different currencies. Best feature for using Payoneer is that you can setup a virtual bank account which allows to exchange different currencies with multiple recipients. Also, you can withdraw the funds to your local bank account anytime. This payment solution provides you several options for invoicing, billing & getting paid.
8. 2Checkout –
Most Trusted Payment Gateway, that allows users to accept debit card/credit card/PayPal globally. It combines best of a merchant account with a payment gateway without requiring that you have either. That means you can make payments within one payment platform rather than relying on different ones. It’s integrated with numerous shopping platforms. Advanced with fraud protection, 2Checkout also offers demo to the users with different settings to give them a feel how gateway works before they actually use it.
9. Authorize.net –
With over 20 years of experience in providing payment services. Currently there are over 3,75,000 merchants dealing $88 billion in annual transactions safely. It offers intensive support resources, a toll-free phone support, online chat and e-ticket response system. Known for its security & ease of use to handle e-checks, it also holds host of tools that encounter fraud and offer an affordable way for small business owners to accept payments around the world.
10. Dwolla –
Best of everything there are no transaction fees. But for advanced tools that appeals a business, it asks for monthly fee. It’s a look alike of PayPal which dominates the field of payment solutions, when it comes to transferring funds. As it majorly focuses on bank transfers or Automated Clearing House Payments, which can be customized by the users and get the payments within a day. What makes this platform effective is its additional features like shopping cart plugin & website integration which makes easy for merchants to accept bank payments easily. Money can be transferred through social networks like Facebook, LinkedIn & Twitter.
I hope this blog have given you plenty of options that suits best for you. Which online payment solutions you’re using, and is apt for your business? Comment below and let us know.