It doesn't matter how great your online business idea is or how efficient you design your eCommerce sites. The primary and most important points for you as an eCommerce merchant is to achieve the goal, and your goal entirely depends on the successful transaction experience by a consumer. A fintech service provider is essential for any online business; without it, you cannot imagine running your eCommerce sites.
As you know, we live in a cashless world where no one wants to carry cash. Instead of cash, everyone, even you or me, prefer card payment or digital payments. So, to perform card payments or digital payments, it is essential to have a suitable payment gateway.
A payment gateway is the latest technology to ensure hassle-free payments. In a simple sentence, a payment gateway is an e-commerce element allowing the customer to perform digital or card payments while using the internet.
According to the research, In 2022, more than 80% of U.S purchases will be accomplished by card or digital payments. Additionally, it is expected that from 2020 to 2025, online payment transactions will grow by more than 15%.
With this figure, you can imagine how important is the payment gateway for your online business. You can say that the payment gateway is a pillar of your e-commerce site. So, always choose the best payment gateway for your eCommerce businesses.
Here, we discuss some of the best e-commerce payment gateways. You can choose anyone from these lists.
When it comes to the eCommerce payment gateways, the first thing that come to mind is PayPal. It is established in the year 2002. It is one of the world's most widely used payment gateways, which processes nearly 8 million payments daily. It allows easy payment options, and you can track your inventory also.
PayPal is the hosted payment gateway. It will redirect the customer to the PayPal page while making the payments. As it is one of the trustable gateways, the customer does not hesitate when redirected to the PayPal page from the merchant websites.
Features of PayPal -
Instantcharge is one of the best payment service providers for international eCommerce businesses. It offers one-stop global payment solutions for merchants to accept payments from all over the world. You can get a payment gateway, a payment processor, and a merchant account on a single platform.
Instantcharge maintain a healthy and professional relationship with acquiring bank, which helps you to open a merchant account. It is a business-friendly payment service provider.
Instantcharge offers non-hosted payment solutions. Your customer does not have to be redirected to the third-party payment page while making the payments. Merchant can easily use their logo or brand name on the payment page.
Features of Instantcharge -
Stripe is another one of the most popular payment gateway worldwide. It allows the merchant to customize the payment processor according to their business needs. Stripe is a US-based payment service provider.
Features of Stripe -
PayCly is another one of the leading fintech service providers available worldwide. PayCly is popular because of its user-friendly services. It is compatible with all types of enterprises, such as high-risk, low-risk, and mid-risk businesses. It also offers legal merchant accounts to high-risk businesses without hassle.
With PayCly, the merchant can get an all-in-one solution. It offers the best possible solution at a reasonable rate in the markets.
Features of PayCly -
2Checkout is another payment gateway with services available in more than 211+ countries. For the customer, the 2Checkout process offers two types of checkout processes – standard and inline.
Of course, they also offer international payments but keep in mind that their conversion rate is more significant than usual—roughly 2-5% higher.
Features of 2Checkout process -
Nowadays, there are several options on the market for payment gateways. The merchant needs to know the price, functions, and gateway security. It will help you to choose the right solution for your business model.
As a merchant, you should also check the features and benefits of the payment gateway. Evaluate your needs and requirements, and choose the best payment gateway that fits your business model.
Now, you know about the leading fintech service provider. These top 5 payment gateways help you to explore your business worldwide without any headaches. Among these 5, you can choose anyone.
All brand names and logos are the property of their respective owners,are used for information purposes only, and do not imply Product endorsement or affiliation with Instantcharge.Co. The Holder of Instantcharge.Co is offering Leading Merchant’s Payment processing Solutions with affiliation of various banks and acquirers as registered ISO. New applicants are subject to conditions and approval of the application by Instantcharge.Co and it's partnering banks or acquirers.