Top Five Payment Gateways For WordPress
Payment Gateways for WordPress
Due to covid19, the need for a payment gateway for your WordPress site is critical if you want to monetize your website. We have compiled this list of 5 payment gateways that can be used with WordPress. You will, however, need a plugin or e-commerce system to use any of these. Some do offer shortcodes that can be pasted into your website page.
|Gateway||Features and Advantages||Processing Fee|
|PayPal||PayPal is the undisputed king when it comes to payment gateways. It boasts over 200 million active users, and it’s incredibly easy to integrate with an online store. PayPal definitely fits as the best payment gateway for WooCommerce and should always be one of your default payment gateways. Then, you can choose a second or third non-PayPal gateway based on your preferences.|
With PayPal, you can take credit and debit cards, as well as money from other users on the platform. Each transaction will cost you 2.9% of the overall charge plus $0.30 (for domestic purchases within the US).
If your store’s average payment is less than $10, you might also qualify for PayPal’s Micropayment rates. This rate charges a higher percentage – 5% – but a lower flat-rate – $0.05. For small payments, that will actually save you money – but you can only qualify if your average payment is under $10.
In addition, PayPal offers several levels of service for merchants, and a high level of protection for customers.
For WooCommerce, you can choose from several PayPal extensions to add this gateway to your store.
|Base processing fee: 2.9% + $0.30|
|Stripe||Stripe is the most popular payment gateway to accept credit card payments on your website. WooCommerce comes with built-in support to select Stripe as your payment gateway.|
It supports all top credit and debit cards. Your customers can also pay using Apple Pay, Google Pay, and Alipay.
Stripe is available in 40+ countries and supports 135+ currencies. There are no setup or annual fees for Stripe, but they do charge 2.9% + 30¢ per transaction.
It also offers a better checkout experience. Your customers stay on your website during checkout, and it works smoothly on mobile as well as desktop.
Stripe supports recurring payments and can be used with any subscription or WordPress membership plugin.
|Base processing fee: 2.9% + $0.30|
|Square||Square is another excellent payment gateway for WooCommerce stores. Particularly, for stores with physical locations, delivery, and other selling options.|
Square is available in the U.S., Canada, Australia, Japan, and the UK. The transaction fee varies for each country, but it offers a fixed transaction rate.
The WooCommerce Square Extension syncs product between your website and your Square account. You can also add products to your Square account, and they will be added to your WooCommerce store.
Additionally, it supports recurring payments when used alongside the WooCommerce Subscriptions extension.
|The transaction fee varies for each country, but it offers a fixed transaction rate.|
|Authorize.Net||Authorize.Net is one of the best-known payment gateways around, and it’s a bit more enterprise-friendly than options such as PayPal and Square. With it, you can accept credit card payments and PayPal through your website.|
The main downside of Authorize.Net is the monthly fee you’re charged –$25 on top of the usual 2.9% plus $0.30 per transaction. It’s not much, but a cost you have to keep in mind. However, for your money, you get access to one of the best anti-fraud systems around – so could be worth it if you’re processing a lot of sales.
Ultimately, Authorize.Net can be an excellent alternative to PayPal if you’d rather not use the latter directly. Plus, it enables visitors to pay using PayPal without leaving your website.
Integrating Authorize.Net with WooCommerce is pretty simple, in our experience. All you need is an Authorize.Net account, the right extension, and you’re in business.
|$25 on top of the usual 2.9% plus $0.30 per transaction|
|Mollie Payments for WooCommerce||Quickly integrate all major payment methods in WooCommerce, wherever you need them. Simply drop them ready-made into your WooCommerce webshop with this powerful plugin by Mollie. Mollie is dedicated to making payments better for WooCommerce. No need to spend weeks on paperwork or security compliance procedures. No more lost conversions because you don’t support a shopper’s favorite payment method or because they don’t feel safe. We made payments intuitive and safe for merchants and their customers.||Custom|
If you need help in selecting or setting up your e-commerce solution, do not hesitate to call RapidPage.ca today.
Written by RapidPage.