Payment gateways are an essential part of your eCommerce store. Therefore, it is very imperative to choose a tool that suits your company and consumer’s needs.
Although most of the payment gateways have comparable main features, these frameworks differ in terms of processing charges, internal rules, and global competencies. You need a secure payment gateway that can provide enduring paybacks without significant budgets.
The Evolution of Digital Payments:
When picking a payment gateway, you should consider the type of payment method, setup charges, data security features, and fraud safety.
Furthermore, to update website security options to avert data theft, brand holders should also implement payment mainframes that can classify and prevent deceitful transactions. A basic fraud riddle can also avoid chargebacks to a large extent.
Similarly, look at aspects for other payment gateway features that can profit your business. Possibly you need regular payments, a custom checkout interface, or even a console to make payments or refunds.
The Key Factor To Consider When Evaluating The Woocommerce Payment Framework:
Unexpectedly, this is not the product you aim to sell through the WooCommerce website. You can prevent visitors from submitting their shopping cart.
After all, they access your eCommerce store for a reason.
On the contrary, the involvement at the time of buying will cause users to abandon it altogether.
When you let visitors browse your website and manage their purchases online, the risk is high. This means that setting your online store to have the best conversion rate is very important. One way is to consider the WooCommerce payment gateway you choose to use carefully.
Top 5 Payment Gateways Plugins For WooCommerce:
The following list of considerations will assist you to confine your choices and bring you closer to discover the perfect payment gateway for your WooCommerce website.
1. WooCommerce Square Up Payment Gateway
Looking for the picture-perfect Square payment gateway for your WooCommerce website? The first option is WooCommerce Square Up Payment Gateway streamlines with square and helps millions of sellers run their eCommerce businesses, from protected credit card processing to secure POS (Point of sale) solutions. On the other hand, Woocommerce is the most premium and customizable e-commerce framework for building online stores.
The WooCommerce Square Up payment gateway can benefit its users to pay in WooCommerce checkout. With this plugin, you can oversee payments and refunds amongst WooCommerce and Square, as well as other features. Considering the testing segment, they recently integrated sandbox support with the latest version of the SQUARE V2 API in the Square dashboard.
2. Stripe by WooCommerce
Stripe is a robust and rising payment gateway that can automatically process regular payments and refunds. Most WordPress eCommerce plugins are backing it, and there is a complimentary Stripe WooCommerce extension.
If you are noticing a grand option to accept credit cards, Stripe would be the idyllic gateway. They handle all major credit and debit card payments, together with Apple Pay. There is a transaction fee of 2.9% + 30 cents without any monthly charges.
3. Amazon Pay by WooCommerce
The Amazon WooCommerce payment gateway plugin provides an accessible way to offer a digital shopping experience for consumers. Customers can place orders by logging into their Amazon account and displaying applicable shipping and billing acumens at checkout. The interface instinctively integrates with your store and provides a customizable THANK YOU message for positive transactions.
Using Amazon Pay does not charge sellers a monthly fee, and you only need to pay about 1.9% + 35 ¢ per transaction like PayPal. If you want to learn more head towards this – How to Integrate Amazon Pay to WordPress.
4. WorldPay for WooCommerce
Worldpay payment gateway similar to WooCommerce allows your business to accept credit card payments quickly and securely. Not any SSL certificate is mandatory because Worldpay exclusively handles the backend procedure.
Worldpay’s affordable online payment gateway provides merchants with the opportunity to receive all major credit and debit cards, together with MasterCard, Visa, Amex, and Maestro.
When the order was placed, they turned to Worldpay for payment. Once the order is processed, you will get a notification from Worldpay, and your customer will be redirected to the THANK YOU page.
5. PeachPay for WooCommerce
PeachPay is a free plugin that can impeccably integrate with your WooCommerce store and receive payment through Stripe. When consumers provide their data, they can pay with a single click, shortening the payment receiving process and speeding up conversions.
PeachPay will be free; however, Stripe fees are counted in the PeachPay transaction, so you don’t have to pay any additional fees.
Affordable fees are calculated by country/region, including US and Canada 2.9% + 0.30 USD per transaction, Europe 1.4% + 0.25 Euro with any European card, Mexico 3.6% + MXN 3 USD, etc. If you previously use Stripe or plan to do so, PeachPay is an easy choice because it simplifies the checkout process for you and your online customers.
Summary
There are many options for online stores using WooCommerce to find a payment gateway that suits them. Eventually, the best option is to simplify the business process while forming a luminary experience for buyers who want to purchase your products or services. Besides plugins related to payments, we would also recommend WooCommerce Table Rate Shipping and WooCommerce Order Export plugins. They are a must for every WooCommerce store, with helping you with your managing work.
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