Payment Gateways for eCommerce is an important part. It helps to convert the visitor to customer. In this tutorial, you can know about Payment Gateways. A Payment Gateway is the functions of code that make a connection with your eCommerce Website cart to a credit card company. Put simply, it’s what facilitates the processing of credit cards and gets you paid. To say it’s an important part of your site’s infrastructure is an understatement.
Popular payment gateways are PayPal, Stripe, Authorize.Net, 2Checkout , Google Wallet, and the list goes on.
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. Paypal Supports 25 Currencies and it has very strong security. For accepting of powerful and most used payment methods. The PayPal, as of 2011, passed through 232 million accounts but out of them, more than 100 million accounts were active.PayPal Most Preferred by Merchants because it has special features for buyer and seller. Paypal protects user data. There is no chance to lost your data from paypal. It very popular with Young. If you live in the UK then you can easily withdraw without any free.
Stripe is a US technology company operating in over 25 countries, that allows both private individuals and businesses to accept payments over the Internet.
Key Features of Stripe
- Full-stack payments
- Invoice paying
- Invoice closing and opening
- Instant Payment Acceptance
- Shared Customers
- Collect Transaction Fees
- Easy PCI Compliance
Authorize.Net is a United States-based payment gateway service provider allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol connection.
2Checkout is a leading global payment platform that allows companies to accept online and mobile payments from buyers worldwide, with localized payment options. Capabilities include a pre-integrated payments gateway, merchant account, PCI compliance, international fraud prevention, and integration with more than 100 shopping carts.
In business since 2000, 2Checkout supports transactions in 200+ markets through 8 payment methods, 87 currencies, and 15 languages, and is trusted by more than 50,000 merchants worldwide.