5 Most Secured Payment Gateways

04 Jan 5 Most Secured Payment Gateways

Payment gateways automate the payment transaction process between shoppers and merchants, securely transmitting transaction information to banks. E-commerce businesses depend on payment gateways to ensure that payment information is passed securely from the customer to the merchant and payment processor. This type of software is used by e-commerce managers to accept payments on multiple channels and by finance professionals to track payment performance. Here are five most secured payment gateways per best payout casinos USA.

1. PayPal

If you’ve spent any time online in any capacity, you have likely heard of PayPal at some point or another. PayPal is a leading payment gateway that was first launched and established way back in 2002. Ever since then, PayPal has continuously grown and expanded and is now available in 203 countries in total. PayPal is one of the safest and most secured payment gateways, which is why it is preferred by so many, individuals and corporations alike. Using PayPal is simple, straightforward, and easy, allowing even those who are unfamiliar with payment gateways and online sales the ability to set up an account without a hassle. Not only is PayPal a well-known payment gateway available for even international users, but it also has an ever-expanding anti-fraud department and team to heavily monitor accounts and transactions at all times for potential frauds and scams.

2. Stripe

Stripe is a newer alternative to PayPal that quickly garnered popularity as it provided the ability to accept payments using cryptocurrencies such as Bitcoin. With Stripe, it is possible to get started with accepting payments online right away, as Stripe offers a free trial period to all new customers. With its updated API, Stripe is constantly being reconfigured to maintain its safety and encryption standards whenever it is used by both clients and customers alike. Stripe currently supports payments from 24 currencies, making it a leading payment processor for those interested in selling items online in their own store or with the use of a third-party store host. Using Stripe is not entirely free, unfortunately. Each transaction will cost 2.9% as well as $.30 for each individual transaction processed using Stripe, courtesy of real money online casino.

3. Apple Pay

One of the world’s leading touchless payment systems available today is Apple Pay. Apple Pay is known for its compatibility with Apple devices and smartphones while shopping in-person as well as online with an eCommerce store. Using Apple Pay is simple, straightforward, and only requires a single tap while using an Apple iPhone or iPad. Traditional credit and debit card providers such as MasterCard, Visa, and American Express are also compatible with the touchless Apple Pay gateway.

4. Square

If you sell products both online as well as in person, one payment gateway to consider is Square. Unlike many payment gateway solutions on this list, Square is one solution that also works well in person with a retail store or even if you are selling products at a local fair. Square provides merchants with a physical payment terminal that can be used to process payments on-site rather than requiring an online sale or a standard POS setup. Using Square is easy and accessible for anyone with a smartphone or tablet. Additionally, Square is also compatible with a variety of eCommerce platforms, such as Wix, Magento, WooCommerce, and OpenCart. Using Square will cost you $.10 per transaction in addition to a 2.5% service fee. Additionally, if you keep a Square payment terminal on you at all times, you will need to pay $60 per location for the service(s) rendered.

5. Payoneer

An ecommerce site that is already established in global selling knows there’s still room for improvement. That could take the form of growing into untapped markets, keeping more of the money you make on international sales, or finding better ways to work with suppliers. Payoneer knows the way to accomplish any and all of these improvements and has the software to prove it. First, Payoneer eliminates the pain of costly wire transfers and currency conversion with an easy way to set up localized receiving accounts, so you get payments in USD, EUR, or one of several other options.