It's a terrifying statistic: 46% of cart abandonments happen during the payment stage of the checkout process; if yours isn't equipped with a smart payment gateway, you could be losing sales.
Don't worry: we've produced a list of ten of the best gateway providers — along with descriptions of all essential features — for you to review.
1/ Amazon Payment
Amazon Pay makes it simple for hundreds of millions of customers around the globe to check-in and check-out using information already stored in their Amazon account. The customer experience is familiar and trusted.
Customers may now make purchases without pulling out their credit cards and manually entering their information thanks to Amazon Pay. By removing the need to register for different websites, the service reduces friction during the checkout process.
Therefore, Amazon Payment encourages consumers of Amazon to go there optimally.
2/ PayPal
PayPal was founded in 1999 as a digital wallet and was notably acquired by eBay in 2002, becoming one of the most adaptable and well-known online payment processors. We chose it as the finest payment method for online businesses since it allows clients to pay using PayPal as well as almost any other payment method at competitive prices.
PayPal claims that giving its service as a payment option to customers can enhance checkout conversions by 44 percent due to its trusted name and broad use. It's also quite simple to add PayPal as a payment option. Users just sign up for a PayPal account and add a "Pay by PayPal" button to their website.
3/ Dwolla
Dwolla is essentially an online retailer that wants to make it possible for its clients to transfer money without the bother of paper checks. Dwolla transfers money from users' bank accounts to other accounts and accepts all of the major credit cards used around the world. In conclusion, it is the ideal option for medium, large, and small-scale company enterprises.
The user accounts must only be situated in the US, which is a serious flaw in the gateway. It doesn't support international payouts, which is the reason.
4/ WePay
WePay, which began as a peer-to-peer group payment platform in 2008, now offers an integrated merchant account with a payment gateway through Chase Merchant Services. Because it makes it simple for retailers to handle complex payment requests across a range of online platforms, we chose it as the best for numerous channels.
The payment gateway is one of the most important elements integrated in your own store. This can be very simple but also affect a lot to your customers' decision to finish payment.
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