Your business is incomplete without a feasible online payment solution. Besides, making payments online is convenient for consumers. So, you must integrate with the proper payment gateways for your business.
Startups and big companies can benefit from offering different forms of payment to consumers. And payment can be accepted in various forms like – payment gateways, virtual terminals, credit card processing, merchant account, mobile wallets, and other payment modes. In addition, online payment platforms allow you to collect money from clients for purchases rather than in person.
Benefits of online payments:
Online payment options and ways can help you reach a wider audience and offer complete data analysis. In short, it gives you a fair idea of what interests consumers.
They help you offer a layer of security for businesses and customers alike. Online payments provide post-payment workflows, so your business can follow up. In addition, it helps keep all your payments in one spot, which is easier to manage than a stack of files.
However, there are many online business solutions available for your business needs, but it is essential to stick to the best payment options for online business. In addition, the options should help scale your business and offer great customer service.
Best payment options for online business:
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Stripe
Stripe is the most popular payment option that offers payment processing for all types of businesses. It allows both in-person and online businesses to accept payments.
The radar protection feature prevents fraud and also lets you integrate with popular shopping platforms like WooCommerce and Shopify.
Stripe offers more than 135 currencies and different payment methods. In addition, it provides a robust documentation feature with 24/7 customer support. Slack is a powerful communication platform that uses stripe in 15 countries for payments.
There was a massive surge during the pandemic, but the platform offered 100 percent uptime, which boosted online businesses.
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GETTRX
GETTRX is an ideal payment gateway to integrate as it offers transparent billing and rates and supports subscriptions, invoicing, and eCommerce plugins. It provides a developer-friendly payment infra that empowers the payment platform.
Additionally, it offers in-person and online payments and is ideal for non-profit solutions. For merchant payments, GETTRX offers POS, terminal, eCommerce plugins, API, and faster approvals. For agents, it offers multiple pricing plans, residual reporting, and merchant enrollment.
Additionally, the company onboards users in a fraction of time and manages the security and compliance-related to payments. With online payments, you can secure all your transactions through Edge Pay. GETTRX offers special nonprofit solutions, and you can keep a track of multiple campaigns and causes. You can drive more donations with GETTRX. The pricing plans of GETTRX are affordable.
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Square
Square offers excellent features for online payment solutions. Whether you want to sell digital products or take online orders, it provides the best payment integration support.
Simply put, it’s the best way to receive payment online. Besides, it offers a fee for E-commerce businesses to help run your business and provides services and features for hardware and brick-and-mortar stores.
It even offers simple integration for startup E-stores. With Square, you can easily manage your payroll – from payment to employees to using time cards for your business, as it covers all. Additionally, you can open a Square account without fees for the business.
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Authorize.net
Authrorize.net is the most trusted name in online payments and has been in business for many years. Plus, it is trusted by more than 450,000 merchants worldwide. As a result, the service helps businesses handle billions of transactions each year.
The best part about the platform is it allows businesses to collect money via contactless payment, credit cards, and wallets. It even allows electronic checks to suit the requirements of the customers.
Authrorize.net handles all the transactions via the feature of authorizing, capturing, and settling payments. If you are looking for an online payment option with flexible features and integration, choose Authorize.net.
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Dwolla
Dwolla is another popular online payment option that provides complete expediency in payment terms. In addition, the platform offers full scalability, so you can rely on it while making payments and planning business expansion.
Besides, it helps optimize and tailor the payment platform to suit your business needs. Also, it offers excellent features for sensitive data, which takes care of security.
Additionally, with Dwolla, you can send and receive funds if you want to receive consumer payments. Moreover, it offers different payment types like real-time payments, pushes to debit, ACH, and wire transfers. Therefore, it is an ideal choice for online payments.
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PayPal
PayPal is the top online payment option, with an annual payment volume of $930 billion. Customers with an account with PayPal can pay via debit or credit cards, bank accounts, or PayPal balance.
Besides, it allows customers to pay quickly with a single click. The store cash feature of PayPal enables users to add cards to sales.
Additionally, PayPal integrates with all the big names and eCommerce platforms, and you can set it up in no time. Simple integration saves your effort and time. With PayPal, you can add a shopping cart and donate buttons easily.
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Collect
You can start accepting credit card payments online with Collect. It does not require coding knowledge, as it is simple to install. Besides, it makes the whole client-side experience seamless from time to time.
Collect enables you to add pricing and take a secure payment right on the website itself. So when customers make payments on the website – they feel a sense of security.
The collect platform allows customers to make timely purchases or subscribe to products once. It offers stripe integrations, but is planning to scale with other payment services. There is no transaction fee, but you must pay for the subscription.
By integrating with online payment options, you can boost your online sales. The only thing you need to consider is the choice. You will get overwhelmed by the choice of payment options available, so finding the best that suits your need is vital.
Plus, integrating with online payment solutions will make your shopping experience easier. Additionally, you can boost customer satisfaction and profits if you like email invoicing or automated scaling.
A payment solution with robust features will make a difference in your payment terms. Also, consider the budget, fees, security features, and the platform you choose to integrate for your store.
