E-commerce Payment Gateway Providers For 2021

E-commerce Payment Gateway Providers For 2021

E-commerce payment gateways have become invaluable for e-commerce merchants. Luckily, this industry has grown exponentially with its importance being made even more apparent by the COVID-19 pandemic.

While there are still B2B transactions via checks and invoices, more consumers across the globe have made the transition to cashless transactions. There are still concerns about the security of digital payment methods, but one thing is for sure, e-commerce payment gateways are here to stay.

So how do businesses ensure that they are choosing the right options? We’ve listed some of the best e-commerce payment gateway providers for your clients in 2021.

 

Stripe

This fintech firm offers payment management solutions to both online and brick and mortar businesses. Stripe offers a variety of customisation options that are tailored to the payment processes of your client’s particular business. It is also an excellent option for developers serving multiple e-commerce businesses.

Stripe is also easy to integrate with various e-commerce platforms including Shopify, Wix, WooCommerce, and BigCommerce among others. As a global payment gateway provider, Stripe supports over 130 currencies, mobile payments, one-click check-out, and subscription billing.

This payment gateway provider also offers a virtual POS allowing users to blend online and offline channels on both mobile and desktop devices.

 

Key features

  • Developer-design friendly,
  • API and UI Toolkit included
  • Supports online and in-person payments

 

Paypal

Paypal continues to be the most popular payment gateway option for e-commerce businesses across the globe. The reputed company offers ease of use and better security and is widely recognised by shoppers and businesses alike.

Adding Paypal as a payment gateway helps you attract more businesses that may already prefer it as their payment method. It is also compatible with credit cards, Venmo, debit cards, and Paypal credit offering a wide variety of payment options.

 

Key features

  • Most popular digital wallet
  • Real-time payment and cash receipt
  • Ease of set up
  • Secure payment environment
  • Accepts a large variety of payment options

 

Braintree

Braintree offers e-commerce businesses an all-in-one payment gateway solution. Combining security, flexibility, and customizability, the payment gateway company was also acquired by PayPal in 2013.

This payment gateway company accepts over 130 currencies and is available in over 45 different countries in different regions. Braintree also offers flat-rate pricing which makes it attractive to e-commerce users who like to budget ahead so there are no surprises.

The PayPal subsidiary equips businesses with anti-fraud tools to fight present and next-gen fraudsters.

 

Key Features

  • Merchant account and payment gateway
  • Advanced security and fraud protection
  • Phone and email support
  • Recurrent billing
  • Flat rate pricing

 

2Checkout

Although it is not widely known, 2Checkout is a free online payment gateway for e-commerce businesses. Founded in 2000, the gateway allows businesses to facilitate both online and mobile payments for international buyers.

With 2Checkout, online businesses can sell services, physical products, digital products, and subscriptions. The mobile-friendly gateway is available in over 200 countries and accepts over 45 payment methods, putting it as one of the most extensive payment gateways currently available.

 

Key Features

  • Integrates with over 100 online shopping carts and invoice software
  • Features a wide range of customizable options
  • Available in over 200 countries
  • Allows recurring billing
  • Allows businesses to scale up for global positioning

 

Authorize.Net

Authorize.Net is one of the older payment gateways in the market established in 1996. The payment gateway has continued to dominate the market with consistent performance and currently serves over 430,000 merchants.

Each year, Authorize.Net manages over a billion transactions. The payment gateway is easy-to-use and accepts most payment options including Paypal.

 

Key Features

  • Allows recurring payments
  • High-level fraud protection
  • Accepts more payment options than other gateways currently in the market
  • Limited to businesses in USA, Canada, Europe, UK, and Australia

 

For most e-commerce businesses, choosing a payment gateway provider is a key business decision. We recommend further research to decide which payment options are best for your clients as they start their businesses and as they plan to scale up to international level.

 

You can also contact our team at Codeias on 01257 758 078 or email us at enquiries@codeias.com to find out more about the best e-commerce payment gateway providers for 2021.