Best payment gateways Providers in 2020 - Expand Cart
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Best payment gateways Providers in 2020

Selling on the internet is still a promising sector that continues to attract customers from the traditional bricks and mortar shops, but still you need to integrate with a payment gateway so that you can start selling online and be able to process online card transactions.

You are in luck, for there are a number of companies that can provide such service without you having to invest heavily in IT infrastructure to be able to complete payments, doing so on your behalf.

So basically, payment gateway providers help deal with that part of the business, processing the customer card details so that you don’t have to do so by yourself. However, some good ones of them allow you to do some branding efforts so that your customers are reassured during purchase so that they are not confused about who they are buying from.

And as they charge you for a payment fee, some payment gateway providers choose a percentage of the sales while others charge you for a monthly fee at a bit lower transaction fee.

Therefore, it depends on your needs when it comes to choosing a payment gateway; you could opt for a transaction-fee if you expect a low amount of sales in the near future, and once sales improve you could then resort to a one that charges you per month, the thing that proves to be cost-efficient as it costs you lower transaction fees.

So, although it depends on your needs, here is a list of the best ones with different service offerings that they provide:


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With streamlining the payment process as a goal, and considering firms of different sizes and proper services for them with a choice of different plans, and you get all the tools you need to sell and receive online payments.

With their offered solution: you can accept payments from websites and transfer money to the designated bank account immediately. All major credit cards are supported such as Visa, MasterCard, American Express and so on. Also, the platform supports digital payment services such as Apple Pay, PayPal, and Visa Checkout.

Although it accepts transactions from all over the world, the only caveat here is that your business must be registered in the US, UK, Canada, Europe or Australia to be able to use their services.

To leverage the services of is to subscribe to get a merchant account, that way you get access to a payment gateway offering, which requires no setup fee, with just a gateway fee of $25, that’s in addition to a per-transaction fee at $0.10 and a daily batch fee of an additional $0.10. If you are an enterprise there are solutions whose price is customized for larger business requirements.

2. Stripe

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A powerful payment platform, Stripe is a distinct system that is claiming to handle billions of dollars per year. As an online merchant you are provided with a number of flexible tools so that you could start customizing your own payment solution.

Stripe was designed for relatively large firms, where it offers a multitude of APIs to create your own systems of subscription services, on-demand stores or crowdfunding tools. Besides, support is provided for a wide range of development languages such as Ruby, Python, PHP and java.

Additionally, Stripe supports around a hundred currencies, and include comprehensive features such as mobile payments, subscription billing and one-click checkout. Merchants could also get access to a dashboard where you could track and analyze all their transactions. Although it obviously presents a lot of rich features, it does not require much knowledge from the user.

Stripe offers a basic plan with a 2.9% off the overall transactions, that’s in addition of $0.3 per charge. As for the larger volume of sales, it provides a tailored plan with discounts.

3. Payline

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Payline is a payments company based in Chicago, Illinois, which provides payment services from anything such as a startup all the way to Fortune 500 companies, with emphasis on the payment experience.

Payline provides a range of services like gateway payment processing, with web solutions capable of integration with 175 online shopping carts. Payline also enables you to accept mobile payments from mobile apps. Additional features include integrating with Quickbooks for payroll management and general business finances.

Pricing for bricks and mortar stores starts from $10 (£8) per month, plus a 0.2% fee and $0.10 per transaction. For online stores, pricing starts at $20 per month, plus a transaction fee of 0.3% and $0.20.

Monthly pricing for brick and mortar stores starts from $10 plus a 0.2% fee and $0.1 per transaction. As for online stores, pricing is $20 per month with an addition of transaction fee at 0.3% and $0.2.

4. Adyen

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Adyen is the platform that is used by Uber, Spotify, Microsoft, and eBay to handle both business and customer transactions. You could through their platform accept every single payment made on one platform.

Adyen accepts over 250 payment methods and 150 currencies, besides one of their powerful features is analyzing transaction data to be able to benefit from insights to further understand and analyze customer behavior.

A practical example could be the ability to pinpoint buyer patterns, which could prompt you to further fine-tune products and services accordingly. You also get to have in your disposal a risk management tool that could protect you against cases of fraud.

Method of payments affect the processing fees, but Adyen uses interchange pricing, plus a transaction fee at $0.12 for most of your transactions. Besides, you will have to have a merchant bank account to benefit from the interchange pricing.

5. PayPal Payments Pro

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With more than 220 million accounts around the world, PayPal is one of the most popular payment platforms which lets you make and receive payments all over the world.

If you are an e-commerce vendor, PayPal will provide you with payment processing services, that are besides other entities such as auction sites and commercial institutions. Some of the features include accepting credit cards such as Visa and Amex. Also, PayPal enables you with easy cart integration, plenty of customized options, online invoicing and over the phone credit card payments.

Though associated with the online giant eBay, it won’t be the main payment option any longer in 2020 as eBay migrates to Adyen, where PayPal with be an optional payment method, enabling customers more competitive pricing according to eBay.

The available pricing is competitive at 2.9% per transaction, no monthly fees included which makes it ideal for merchants with the low volume of sales.

Other payment gateways

While the best merchant gateways were mentioned earlier in this article, there is a number of other ones that are very much worth mentioning, especially with the fact that their integration with e-commerce websites needs only a single plugin to be installed, and they have different offerings according to the needs of online businesses.

Worldpay is one of those popular payment gateways, which has a number of options for integrations with e-commerce platforms. As for payment, it could be done monthly, or open a merchant account to make use of interchange fees on all of your transactions. However, after going through a lot of changes in the past few years of which is owned by at least two companies, it’s important to inquire about the current services and their respective pricing.

More than just a merchant gateway, Sagepay has the ability to integrate all your sales and transactions into your Sage accounting software, which means you can see and track all your costs and income in real-time. It’s best to get a merchant account to get the most out of the software, not just for the reduction you get but for other features as well.

2Checkout is a platform that is used by online merchants as it’s easy to set up subscriptions and their one-off purchases. That’s why 2Checkout is widely used by web hosting and web design companies. 2Checkout is also available as a plugin for big e-commerce platforms, besides it’s known for being able to process a big number of currencies.

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