Online Payment Gateway Comparison

26 February 2013

Introduction

Online Payment Gateway refers to the secure link between your website and the bank. This is absolutely vital if you are to accept card payments online and have a successful e-commerce business. There are many Online Payment Gateways providers out there, so it’s best to consider what you need for your business before you decide on using one of them. For information comparing some of the most popular payment gateways, check out our most recent post comparing the most popular payment gateways.

How is an online payment gateway used?

Payment gateways have many benefits for your business, not just the ability to accept credit cards. They will improve your customer service, increase profits and secure processing.

How to choose an online payment gateway?

You should ask yourself some questions before you choose your payment gateway provider such as :

  • Have I read the small print? – read, read and read again, make sure you’re not getting yourself into a long term contract with extra payments that will crop up.
  • What’s the support like? – ecommerce is a 24/7 world, so your support ideally needs to match these hours.
  • Is my online payment gateway and shopping basket compatible? – check that they are so that your shopping cart can be integrated.
  • Are there going to be hidden costs? –  ensure that you are aware about any potential hidden costs such as multi-currency payments, mail order, telephone order payments etc.
  • Does my payment gateway come with anti-fraud? – it’s important that your provider offers the basic anti-fraud tools.
  • Can I see the sales figures? – this is very important to you as analysing your sales data can help you manage your business better.
Payment Gateway Providers

We’ve listed some of the most popular Online Payment Gateways providers to give you a concise run down of what they provide. Hopefully this will help you make an informed decision when selecting the right one for your website.

Online payment gateway table of comparison:
online payment gateway

Online Payment Gateway Providers Comparison

Hopefully this table has given you a nice little overview of what each payment gateway provider has to offer, however your choice will ultimately depend on your business.

You may also want to look at this article about PCI Compliance.

Don’t forget that we can integrate any of these payment providers onto your e-commerce website. Find out more about our E-Commerce Services today or contact a member of our team.