Top Payment Gateways to Consider for Your Magento Store

Top Payment Gateways to Consider for Your Magento Store

A good payment gateway is crucial for your Magento ecommerce store as it acts as a middleman between the customers and the bank. A great payment gateway can also encourage your customers to shop from your store, but choosing the right payment gateway for your online business is important in terms of security, functionality, price and convenience.

PayPal: This is one of the most popular names on the list and it enjoys a great reputation for its secured payment system. Customers can pay using their PayPal account or use their credit card and even send money to an account by using the customer’s email address. It uses advanced encryption and 24-hour monitoring.

Stripe: This payment gateway was created with the intention of getting business up and accepting payments quickly. The gateway accepts all the major credit cards and Bitcoin, Apple Pay, Android Pay and Alipay.

It comes with PCI compliance and real time fee reporting.

Also Read: How Magento 2 Helps Ecommerce Store Owners with Efficient Order Management

Amazon Payment: This is launched in the year 2007 and allows the customers to make their financial transactions a more streamlined checkout experience. The customers to identify themselves and make a transaction on the ecommerce website. It is highly flexible and secure and offers two services for businesses: Checkout by Amazon (CBA) and Amazon Simple Pay (ASP).

SecurePay: This Magento ecommerce payment gateway offers a simple and secured online shopping cart, credit card, mobile payments and electronic check services.

Easy Shop, which is SecurePay’s free shopping cart solution offers an affordable means to link the merchant’s site to the SecurePay virtual gateway.

Authorize.Net: This has won the trust of medium and small sized business by offering them a secure and affordable payment service. The main advantage of this Magento ecommerce payment gateway is its simplicity. It is a trusted and reliable solution which is a great asset to Magneto online stores.

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