It is a well-known fact that WordPress is the foremost website building platform in the world cornering over 34% of the market. However, do you know that WooCommerce, its popular plugin has a 10% market share in the e-commerce technology space?
About 39% of all online stores are built with the e-commerce plugin provided by the open-source CMS. One of the most important aspects of running a virtual outlet is handling payments. In this post, we are presenting a list of the best payment gateways for WordPress e-commerce shops.
These third-party services will handle and process the payments made by customers on your website. This means that you do not have to manually manage things and devote your time to other vital issues.
1. PayPal Pro
Arguably the most popular name in this domain is that of PayPal and its Pro version is ideal for merchants using a WordPress website. It gives total control to subscribers over the appearance of the user interface.
They can integrate their logo and branding colors into the checkout pages. The service provides automatic fraud screening and a Seller Protection Policy to users.
It is also one of the fastest payment processors and the money shows in a user’s PayPal account within minutes of the completion of a transaction. You can get a subscription to the service at a monthly fee of $30.
Stripe is a complete payments platform that is suitable for people who are looking for an effective solution to handle recurring payments. Whether you have converted PSD to WordPress or migrated from other formats, you can easily integrate the service with your store.
You can create a checkout page that is primed for conversions and enrich it with pre-built UI elements. These components have been designed by experts to minimize errors by customers and increase the success rate of transactions.
US-based subscribers can use Stripe to generate and send invoices to clients. Store owners can improve their sales by allowing customers to use multiple options like credit/debit cards, wallets, and some other local methods for payments.
Another top-quality solution that you can use for your online store is Authorize.net. You can choose to do the processing either on your website or on the service. It can be used to accept payments from credit cards and digital methods like PayPal and Apple Pay.
The service allows users to store customer information for speeding future transactions. People who want to accept donations on their interfaces can add a button for facilitating one-time payments. It is one of the best payment gateways for WordPress.
Did you just build an online store with WooCommerce and are looking for a quick and secure payment processor? Then you can try Braintree which is a reasonably priced option.
You do not need to pay any monthly subscription charges and the service will only collect a specified fee on every transaction. Users have the option to implement a pre-built UI or create their own custom interface for the checkout process.
It is a Level 1 PCI DSS compliant service meaning that the solution will effectively protect your clients’ valuable information. Braintree also provides a range of fraud tools to prevent unethical transactions.
5. Amazon Pay
One of the largest e-commerce companies in the world offers a payment processor that can be used by WordPress website owners. They will have to set up an account with the service and integrate it with their store.
Their customers can then make payments through their Amazon pay accounts and need not share critical credit/ debit card information for the purpose.
Amazon Pay charges users a 2.9% fee along with $0.30 for every transaction. WooCommerce users can install an extension to integrate the service with their outlets.
You can use APIs to integrate Square with your store and receive online payments. Merchants can enable customers to save their card information or use digital wallets for making purchases.
Physical businesses with an online presence can consolidate all their customer and sales data in a single location. The service provided dedicated dispute teams for managing disputed transactions at no extra cost.
It employs machine learning techniques to evaluate every transaction and improve its fraud prevention abilities. All the amount from a successful transaction shows up in the merchant’s bank account by the next business day.
2Checkout is an efficient gateway for handling global payments on your virtual store. Users have the option of conducting the checkout on their interface or transferring it to the service’s website.
The solution can handle payments in multiple currencies and its intelligent payment routing helps in successfully managing cross-border transactions. The service supports over 45 different methods of payment and is available in more than 30 languages.
Online store owners can use any of the above-mentioned payment gateways to speed up transactions on their outlets and improve the shopping experience. It does not matter whether they convert PSD to WordPress, migrate from other platforms, or build a completely new interface to acquire their store. These gateways will integrate seamlessly with their websites and ease their workload.