Best Payment Gateways , What is the Payment Gateway?
Every E-commerce store needs a payment system to pay online. The payment gateways make processing online payments simple and easy to manage. These days, Dropshipping is the Buzzword of the E-commerce industry. Payment gateways allow you to take card payments online or in-Store, which means they can offer online credit card payment processing. An E-commerce payment gateway is responsible for all types of online transactions. The best payment gateway ensures the security and confidentiality of the customer leaving a good impression and trustworthiness on the E-commerce website and application.
How Does A Payment Gateway Work??
You just need to do is enter the details of your credit card on the payment gateway page and make the purchase. The payment gateway will deduct the amount of purchase from your credit card and send it to the store owner’s bank account after deducting some online fee charges. After submitting the information is securely passed on to your payment gateway, it based on integration type. The server used in this system. When a card used most of the time card information also saved on to payment method details page.
Top 5 Payment gateways (International Payment Gateways)
This is the most common payment gateway used in the world for online business. This payment gateway approximately accepted in 203 countries. PayPal supports all credit cards and when we sign up the PayPal account it will give us an account after PayPal sign up. When we make an account then it will give us an account for PayPal sign-in. PayPal issues a PayPal number for every client which he used for his sign-in account. The company issued a PayPal credit card which is used for every online payment all over the world. When customers of PayPal used PayPal cards it will detect some PayPal fees for transactions. It has been easy to use for every online transaction.
- Protection for your account and your purchase. Feel secure before checkout.
- Forget your wallet.
- Pay with your secure account password.
- The flexible way to shape.
- Make purchases, transfer money, and pay the bill right from your linked account or card.
- Activity dashboard
- Use API
This is a another payment gateway that is available in almost 85+ countries. 2Checkout payment system supports major companies cards like VISA CARD, MASTER CARD, AMERICAN EXPRESS, and many others. It is also available in many other third world countries like Pakistan and others. 2Checkout payment gateway is very useful for a third-world country where PayPal is not available. These days this payment method is also known as 2Checkout Shopify because it is more than use in Shopify online stores. 2checkout fees are not more than 3%.
Stripe is also known as an international payment gateway. This company is giving you a stripe dashboard for using its payment system or payment gateway and it provides payment gateways in a range of APIs. It is a robust payment gateway that ensures a smooth moment of funds in your business while connecting with the application. there are some features of Stripe.
- Mobile customer interface
- Dispute handling
- Open source plugin
- Unified payout
and many other features are available in the Stripe payment gateway.
Skrill is one of the best payment gateways which is used in the online Shopping business. This payment gateway is available in 40+ countries and also available in some third world countries. It charges 1.9% for online transfer and gives a dashboard for using this payment method.
5. Amazon Pay
Amazon pay is also another payment gateway that is used in online business. Is although a new entry in payment gateway for international online payment gateways but amazon pay is still a great choice for anyone looking for an international payment gateway with minimum charges for an online deduction for the transaction. It also offers extensive multi-currency capabilities, provides your business with the perfect platform from which to expand internationally.
Also, check Bluehost vs Hostgator