The sole reason of running an ecommerce business is to generate revenue. Whether you have an ecommerce platform in place or are starting from scratch, you must prioritize the payment gateway. You can’t run an effective ecommerce business unless you can accept payments from customers. There are numerous effective payment options for ecommerce sites, and the following guide will help you find the right one.


It is the perfect payment method for medium-sized online businesses and businesses with high sales volumes. Stax has a subscription-based pricing model and charges a flat monthly fee. It accepts all forms of payments and integrates well with various point of sales systems and terminals. This payment platform also allows you to save money on each transaction, especially after factoring in the 0% markup on interchange charges.


Stax is flexible and can be paired with any plug-in or shopping cart function you use. It also offers various templates to choose from. These templates also don’t require any coding skills. Its shopping carts can integrate with some of the biggest payment gateways like WooCommerce, Magneto, BigCommerce, and Salesforce. Some Stax ecommerce tools are as follows.

  • Heatmaps help track staff and sales trends.
  • Inventory tracking for stock, both in-person and online.
  • Analytics and reporting tools offer comprehensive reports on patterns and customer behavior.
  • Integration with Google My Business and QuickBooks.

Stax’s pricing model is simple, and the fees are transparent. Moreover, there are no long-term contracts. Stax offers three subscription tiers with 24/7 customer support, a comprehensive knowledge base, and interchange fees with 0% markup. The flat-fee monthly subscription tells you how much you’ll pay, and the more transactions you have, the less you’ll pay. Unlike other payment platforms, Stax doesn’t follow a per-transaction model. The pricing at Stax starts at $99 a month. It comes with a free terminal, a mobile card reader, ACH processing, analytics, etc.


Square is a suitable payment method for brick-and-mortar businesses willing to start online operations. Square is famous for its high-quality POS system that easily integrates with its payment solutions. Square also offers an ecommerce website builder. The website builder is packed with numerous drag and drop themes that allow ecommerce businesses to make websites without any coding knowledge. Unlike other payment methods, Square is priced competitively.


There are no additional fees for adding a Square payment method to a website. Square charges 2.9% plus $0.30 per transaction like PayPal and Stripe. Some ecommerce partners of Square include Wix, 3DCart, Zen Cart, X-Cart, WordPress, Mercato, and Drupal Commerce.


PayCafe is known for its protection against fraud and the chargeback protection it offers. Except for Payment Cloud, no other platform offers such security. PayCafe provides security by scanning every transaction for fraud using an automated machine learning algorithm. The moment a fraudulent transaction is caught, it will notify you and block the transaction right away.


However, you can cancel the process and put the transaction through if there is a mistake.

PayCafe also offers tools to resolve credit card disputes. Other PayCafe features are as follows.

  • With recurring bills, PayCafe charges customers on a daily, weekly, monthly basis, depending upon how they want it.
  • It allows you to accept card and cash payments from more than 135 countries worldwide.
  • PayCafe has flexible payment methods. It accepts direct deposits, payments from PayPal, and also cryptocurrencies.
  • It studies your business’s analytics in detail and provides in-depth reporting, thus allowing you to improve your numbers in the future.

PayCafe provides 24/7 customer service throughout the year, which helps in payment processing. With PayCafe, all of your problems are addressed immediately.


Helcim offers the most efficient point-of-sale hardware and effective ecommerce payment methods. The pricing is highly customizable, depending on your sales volumes and transaction price. You can save more money with higher sales volume and higher transaction prices.

It is an excellent platform for mid-sized businesses with a sales volume between $25000 and $50000 per month.


Helium also enables businesses to set up an online store. Their ecommerce store builder comes with a built-in payment processor and offers catchy themes optimized for conversion. You can add their payment options to your website with minimal coding knowledge if you have an existing online store. Helium can also be integrated with third-party software like Drupal, Magento, and QuickBooks.


Payoneer enables its ecommerce clients to tap into foreign markets, keep more money on international sales, and find better ways to interact with suppliers. Payoneer understands the difficulties of payment transfers and currency conversions. It eliminates those problems by setting up localized receiving accounts that allow you to receive payments in USD, EUR, and other options. An ecommerce business needs to set up an account, email payment details to customers, and receive that payment in their Payoneer accounts.


However, it is worth mentioning; Payoneer is not a merchant account provider. This means Payoneer doesn’t allow payment made via credit or debit cards. Instead, it partners with a local bank for money transfers.


You can lean on Payoneer’s partner network if you want to enter new markets. They provide shipping, sourcing, legal assistance, advertising, and translation services while also helping you tap into the markets you intend to get into. Payoneer charges nominal fees and an annual fee of $29.95.

Payment Cloud 

Payment Cloud makes it easy for customers to purchase your products and services and provides excellent security features such as chargeback and fraud protection. Moreover, what makes them unique is their clientele. Payment Cloud is famous for working with high-risk clients. Unlike most ecommerce businesses, their clients deal with compliance issues and might get more chargeback. These industries include Cannabis, arms and ammunition, credit repair, tobacco products, vape products, bail bonds, and adult items.


It is also an all-in-one ecommerce merchant. With Payment Cloud, you don’t have to combine various shopping carts or find ways to handle emails and phone orders. Payment Cloud enjoys integrative compatibility with big ecommerce names like Shopify, Volusion, OpenCart, Magento, WooCommerce, and Big Commerce.


Furthermore, with Payment Cloud, you can receive payments via credit card, debit card, and e-checks. It allows you to accept payments anytime, set up invoices and subscriptions, and ensure safety on both ends. Moreover, all the information goes through a five-layer security process. Payment Cloud charges competitive fees, and there are no cancellation fees or processing rates. Payment Cloud charges a $15 to $20 gateway fee a month, and their processing fees are identical to Square’s fees.


Paypal is one of the most common payment platforms and is known for security, ease of use, and reliability. Studies showed in 2019, there were 277 million global users of Paypal. in 2018, the number was down to $237 million. This number grew by 40 million because Paypal is simple and perfect for new businesses starting in the ecommerce space. Furthermore, you can integrate Paypal with any online store.


Paypal is known for its digital wallets, and Paypal websites have an 82% higher conversion rate than other sites. Paypal allows you to accept credit cards, debit cards, PayPal, PayPal Credit, and Venmo.


Stripe is one of the most developer-friendly ecommerce payment platforms. It is used by ecommerce shops, on-demand marketplaces, and subscription services. If you run a business with multiple processes, you should use Stripe. They offer tools that allow any team to customize their payment method. It provides developers with easy-to-use APIs, a coding language library, and comprehensive integrations.


Furthermore, it also allows in-person and online payments. Moreover, Stripe also allows businesses to set up recurring payments from their customers. Studies have shown that Stripe businesses earned 6.7% higher revenue after integrating the Stripe gateway. Stripe offers 27% less operating costs and 81% fewer outages than other payment methods. Also, with the Stripe UI toolkit, you can customize the checkout process. Stripe also accepts all the major credit and debit cards, including American Express, Visa, MasterCard, JCB, and Discover.


You can integrate Stripe’s payment gateway into alternative payment options like American Express Checkout, Apple Pay, Google Pay, Microsoft Pay, Visa Checkout, Masterpass, and ACH Transfers. It is also great for ecommerce businesses wanting to get the most sales out of Mobile Users.


The pricing at Stripe is simple. Every merchant will pay 2.9% + $0.3 for every card charge. For international cards, it will charge an additional 1%. The cost is 0.8% of the transaction for ACH transfers, and $5 is the maximum amount. Moreover, if you have a unique business model or a higher payment volume, Stripe offers customized pricing options.


Stripe offers discounts for multi-product and volume and some country-specific rates if you target foreign markets. Lastly, Stripe offers excellent tech support and customer service. Their representatives are available 24/7 by phone, email, and live chat.

Payment Depot 

Also known as the “Costco” of credit processing, Payment Depot offers a membership fee-based pricing model and low processing fees. Their processing fees can drop to $0.05 a month for unlimited memberships. Generally, you have to pay $199 a month, which seems like a lot of money. Luckily, you’ll be saving if you have a higher number of transactions, which increase with time.


Moreover, their processing fees are not percentage-based. These fees vary between $0.05 to $0.15 per transaction, making Payment Depot a lucrative option, especially if you run a big company with a lot of business coming in. However, smaller businesses might pay a bit more monthly fees. Therefore, if you make less than $25000 a month, Payment Depot isn’t the best option. Payment Depot provides a 90-day money-back guarantee if you choose an annual membership. It means you have three months to return the equipment and get your refund.


2Checkout offers the reliability of payment processing and allows businesses to enter global markets. This software makes handling taxes, subscription billing, and global payments easy. Unlike Payoneer, 2Checkout allows payments through traditional mediums like credit cards, debit cards, and PayPal. Irrespective of the 2Checkout module, you can quickly sell in 200 countries. Furthermore, their 2Monietize platform handles heavier stuff like regulatory compliance and VAT.


As an ecommerce business, you are free to start free on any of the 2Checkout solutions. You will pay after you start selling. This is helpful for businesses to evaluate their options before reaching a decision. Once you start selling, you’ll pay a small percentage of your sales and a small fee.

Amazon Payment 

Amazon Payment is a simple and secure payment gateway for ecommerce businesses. This platform allows both the merchant and the customer to facilitate the online buying process. To complete the check-in and checkout processes, Amazon Payment works on the data provided by the customers. You can integrate Amazon Payment into all languages for international transactions, and it supports various currencies.


For domestic transactions, Amazon Payment charges $2.9 and an extra $0.30 for every transaction. For international transactions, the fee may go up to 3.9%. Amazon Payment is used by some of the biggest names, including Rothys, MVMT Watches, and Lootcrate. Amazon Payment ensures the transactions are 100% secure, and there aren’t any additional charges. Also, you can customize it into ecommerce websites.


Sadly, it is a little expensive for merchants experiencing high volumes on their websites. It is also not recommended for businesses that handle online and in-person transactions.


Established in 1996, Authorize.Net has more than 400,000 merchants using it via electronic checks and credit cards. With Authorize.Net, you can quickly transfer funds into banks, saving time and money for small and medium-sized businesses. Moreover, merchants are provided with an individual interface when dealing with their accounts. It is also compatible with ecommerce and Magento stores and provides an all-in-one payment option. It charges a processing fee of $0.30+2.9% of the transaction.


Authorize.Net offers secure transactions and accepts various currencies. Moreover, there are no long-term contracts. However, it charges higher prices for merchant accounts, which can confuse users.

Apple Pay

Apple Pay offers a contactless payment gateway for ecommerce businesses. It is easy to use and made especially for Apple devices. Moreover, it allows users to make secure payments in-store, over the web, and in applications. The money transfer process is easy and quick. Apple Pay accepts payments from big credit cards like MasterCard, VISA, Suica, and Quick Pay.


Moreover, Apple Pay uses a Device account number to ensure the credit card details are safely transmitted. Apple Pay uses NFC technology to ensure transaction safety and prevent fraudulent activities. Sadly, Apple Pay is confined to IOS users with iPhone 6 or above versions. For iPad users, it is available with iPad2 and above. Sometimes, the gateway functionality is comprised due to software issues.


Payline is a daughter concern of the Chicago-based Pineapple Payments. Payline offers services to startups and big businesses alike. Its excellent web solutions integrate it with 175 shopping carts. It also offers mobile solutions that enable businesses to accept payment via mobile. Payline also integrates with QuickBooks for efficient payroll management and other business financials. Payline charges a low monthly transaction fee for brick and mortar stores. However, the monthly and transaction fees are a little higher. Payline offers a built-in fraud protection system.


However, the transaction fees aren’t transparent.


Ayden is the payment gateway used by companies like Uber, Spotify, eBay, and Microsoft to handle transactions. This tool allows businesses to accept payments from a single platform. Furthermore, it provides tools for risk management and results tracking. Ayden accepts more than 250 payment methods and over 150 global currencies.


It also uses data-rich insights for every transaction to observe consumer behavior. By identifying buyers’ behavior, businesses can tweak products and services accordingly. Ayden’s risk management tools allow businesses to identify and deal with fraud cases.


The processing fee varies from one transaction to the next. However, this gateway used an interchange payment method with some added transaction fees. A merchant account is needed to benefit from interchange pricing.


PaySimple is a new platform, and it supports small to medium size ecommerce businesses. It offers a smooth transaction process that enhances the customer experience. Its innovative features include customer profile management, recurring bills, and mobile application integration. The downside of PaySimple is that it supports businesses based in the US and doesn’t accept foreign currencies.


Some advantages of PaySimple Include excellent customer support, recurring payments systems, and an efficient user interface. Moreover, PaySimple doesn’t charge setup fees and offers multiple pricing options. For credit card transactions, it charges 2.49%+$0.29.


Dwolla is known for its simplicity and security features. Its key features include digital wallets, the ability to send 500 payments in a single go, real-time payments to banks, and ACH transactions the same day. Their pay-as-you-go plan includes a 0.5% fee for each transfer. Their flat-rate plans cost $250, $1000, and $2000. Businesses have to pay a $1-$2 fee to onboard each new customer.


Braintree is an online payment gateway and a merchant account solution for ecommerce businesses. It works with big names like Airbnb and StubHub. PayPal acquired Braintree in 2013, which makes it a part of the PayPal ecosystem. Braintree usually works with companies with a higher sales volume and better customization needs. It provides customers with payment options like PayPal, Google Pay, Venmo, and credit and debit cards. Interestingly, there are no monthly charges or setup fees. Braintree charges $0.30+2.9% for every transaction.


Wepay is an online payment solutions provider that offers payment infrastructure to software platforms and vendors. It allows small and medium-sized businesses to accept payments from software platforms. JP Morgan acquired WePay in 2017. It resulted in better functionality and duplicate day payments to Chase bank accounts. At WePay, every software vendor negotiates its rates. If a vendor doesn’t provide a rate, WePay charges $0.30+2.9% for each transaction.


Verifone is a payment solutions company that started with payment hardware and later moved to software applications. Verifone acquired 2Checkout in 2020, which enabled it to expand more into ecommerce. Verifone offers its clients ecommerce solutions like payments, billings, and subscription management.


Verifone is a little expensive and charges its clients 3.5%+$0.35 per transaction. It offers a 2Subscribe plan that charges $0.45+4.5% per sale. Verifone offers another plan called the 2Monetize. 2Monetize charges its clients $0.60+6% per transaction.

Google Pay 

Google is a huge competitor of PayPal and Amazon in market share. Now Google offers its online payment gateway called Google Pay. Google Pay is used by millions of users worldwide and has their card information stored in their Google accounts. Google Pay is easy to integrate with any ecommerce platform. All one needs is an API, which is added to an ecommerce site. Google pay has digital gift cards, loyalty programs, and special deals for customers.


For extra reach, Google Pay works with Visa Checkout and PayPal. The best part is Google Pay doesn’t charge anything. With Google Pay, online buyers and sellers can complete transactions for free.


Due is famous for its invoicing and time-tracking features, and it works with small businesses and consultants. Lately, Due has allowed its clients to start accepting payments at a 2.7% exchange rate. It acknowledges global installments, which take less than two working days with zero expense. Due also has a bank that allows you to store money online.

The Final Word

The payment methods mentioned above are some of the best online payment methods for ecommerce businesses. To choose the right one for your ecommerce site, you should determine where your business is and what your needs are. For example, if you are just starting, Paypal is the best option for you. On the flip side, if you have an established business, you must opt for Stripe.

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