The Best Payment Processor For Your Website

The best payment processor for websites - When considering the best payment processor for a website, it's important to understand some of the terminology used. When you use your website to sell products or services, you need a payment method. However, it is easy to be confused with terms such as payment processors, payment gateways, and merchant accounts. Let's solve that problem first:

Merchant account: This is an account that allows you to accept credit and debit card payments. You cannot do this with a regular bank account, but you can do it with a merchant account. Most banks will offer online trading accounts for you, but at a high price. You are viewing a prepayment of US $ 100 or more, plus a monthly fee of US $ 50 or more.

Payment gateways: Payment gateway accepts payment requests from merchants (for example, your website). This can be a visual form of a payment button and then a form of asking your customers to fill in their payment details. It then forwards the payment request to the payment processor. (Port example: Authorization, SecurePay, USAePay, Chase orbit).

Payment processor: Payment processor interface between merchant account and payment gateway. It receives payment requests from the portal and sends the prepaid card details to the card network (e.g. Visa or MasterCard) then sends the transaction to the issuing bank to authorize and pay for the merchant account. (Examples of processors: WorldPay, TSYS, Elavon, Chase Paymentech).

However, in practice, the terms 'payment gateway' and 'payment processor' are often used for the same thing: a system that allows online businesses to request and accept payments. Some, like PayPal and Stripe, combine merchant accounts, payment gateways, and payment processors. This is called an 'aggregator' and you are validated using their own merchant accounts. Others combine ports and processors, but require separate merchant accounts.

The best payment processor for websites


There are many such payment systems found online, and it is important that you choose the system that best suits your needs. The people suggested here may not be available in your country. For example: PayPal, not accepted in many countries like Nigeria and Pakistan. Alternatives must be used by residents of these countries and anyone who buys or sells them. We have omitted products that are only available in the US, as that limits you to selling only in that country.

If that is confusing, it's not uncommon for average people to have difficulty choosing the best payment processor for the website they're using to sell affiliate products or even eBooks, videos. or their own software! Hopefully, the list below will help you with this. Unlike most other lists, it indicates which system requires separate vendor accounts and which does not. All fees below are paid by the receiving agency.

A. Combined payment processor and Merchant account

Each of the following credit card transaction services has the function of aggregating and replacing the above three elements of the payment system. You only deal with one service.



PayPal is the most commonly used aggregation tool, although it is often referred to simply as the payment processor. It is used in almost every country in the world but by no means all. Combining all the above aspects of an online payment system, it's easy to set up an account and its payment system is quite easy to use.

PayPal balances can be used for purchases made using PayPal (This feature is only available in some countries) or transferred to your bank account. In some countries, you can also sign up for a PayPal Access card, a prepaid credit card that can be used to withdraw your cash balance at an ATM or be used at store locations to make purchases.

You can place PayPal buttons on your website that visitors can use to pay for specific products. The buttons are encrypted with your product price and buyers can pay with their own PayPal account or by credit / debit card. They do not need a PayPal account to pay you. Business accounts are available, where you can set up a professional invoicing system complete with your own logo.

PayPal pays you instantly, minus a 3.4% transaction fee plus 20 cents - all US currency. Its dispute procedure is easy to follow but may take some time to complete. When you use PayPal to buy goods, you are insured against not receiving the item, which is not described or damaged.

The benefit of PayPal is that you can send money abroad to other PayPal members at standard rates. In most cases, this is significantly less than most banks will charge for international cash transfers.



Payoneer is an International Payment Processor, based in New York, USA. Those are the best options when you need to receive payments through your website. The best part about Payoneer is that it allows you to receive money from international customers, without any confusion or confusion. Compared to PayPal or Direct Bank transfer, Payoneer comes with lower fees.

It's also a great option if you want to get paid for your freelance projects. Payoneer does not charge a withdrawal fee when Indian customers receive payments from the United States. They only pay conversion fees - thus saving huge amounts in the long run.

If you are looking for an easier and faster way to withdraw your funds, Payoneer is the perfect choice. It allows you to withdraw money in a period of only 24 hours, as opposed to 3-5 working days in PayPal. With services spread across more than 200 countries and with support for over 150 currencies, Payoneer is the perfect choice for small and medium businesses with a global customer base.

So, if you have a website that receives a global audience and purchases, go to Payoneer. It also provides country-specific versions, helping you comply with rules and regulations.

Register and receive a $ 50 Bonus (if you register and make a $ 100 transaction, you will receive a $ 50 bonus).

Skrill - Moneybookers


Skrill, the new name for the UK company Moneybookers, is a combined payment processing tool similar to PayPal. It works in every country in the world except Afghanistan, Cuba, Iran, Myanmar, Nigeria, North Korea and Sudan. You can request a payment just like with PayPal: just enter their email address, the requested amount and Skrill does the rest. Customers do not need to be members, just like with PayPal.

If your Skrill account has money in it, you can send it to anyone with an email address. They do not need to be members. As with all processors on this site, Skrill-Moneybookers is very secure and your information is safe. Charges are 3.9% + 0.35 Euros for countries outside Europe and 2.9% + 0.25 Euros for Europeans (or £ 0.2 for accounts in the UK).

See more: How to create a website with Wix



Stripe is another payment aggregator similar to PayPal. There is no set-up or monthly fee, but a UK 2.4% + 20p transaction fee applies. Basically, this is a system suitable for developers, providing powerful, clean APIs that can build a beautiful payment processing system in combination with completely secure merchant accounts. .

Stripe accepts 139 different currencies for marketing around the world and you can set up membership accounts, flexible payment terms, offers, coupons and even allow customers to try real products. products before payment. The API provides complete flexibility - and more.

Google Wallet


Google Wallet is not a payment processor / aggregator as much as a means to allow your customers to use the Google Wallet application to pay for goods on your website. The app allows users to pay through accounts connected to their Google profile. By registering and placing a ‘Buy with Google’ button on your website, customers can pay with a click. Google charges 2.9% + 30c for each transaction regardless of size, although if your monthly sales volume is high enough, that fee will decrease just like with PayPal.

The big problem with Google Wallet right now is that few Google users are signing up, partly because of the small number of merchants offering it as a payment option on their website. There is no harm in joining and adding a Google payment button to your website.



At one point, 2-Checkout offered affiliate products for sale, but is currently focusing more on its functionality as an e-commerce payment system. You can create your own products and then sell them on your website with the 2CO buttons. You must state on each page that 2-Checkout is your payment processor. This is a free service to set up and, like the above, does not require a separate merchant account. Using as PayPal is inconvenient and you get paid once a month when your income reaches the issuing level.

Basically, this is a method of selling products to others, instead of using it to send money. You cannot use it to send cash to others. First, you set up the product, get the product key to place behind the button on your website and then your customers click on that button to make a payment. They can pay by card or PayPal. It is claimed to be available for use in every country.

For sellers in the US, 2Checkout has a 2.99% fee plus $ 0.430 in transaction fee. The fee for an international seller is 5.5% with a transaction fee of $ 0.45.

B. Mobile payment system

While not perfectly suited for your website, there may be readers interested in the offline payment system they can use to accept payments on the road, at the customer's home, in the restaurant. or anywhere else benefiting from the mobile payment system.



PayAnywhere is a payment system for mobile devices. It's easy to integrate this system into your mobile applications as well as no monthly fees or minimal costs. You get the system for free and it comes with the device that fits your mobile phone. This allows you to swipe a customer's card. It is used to make or accept payments quickly, so it is not entirely an online system. It may be free, but you have to pay a 2.9% fee for each swipe.



Square is like PayAnywhere, again there is no payment to start. 2.75% square fee per swipe or 3.5% + 15 cents for manually entered transactions. Buyers simply swipe their card on the provided swipe device or manually enter their card details. The money is in your account the next day.

C. WordPress eCommerce plugin for your website: WP Ecommerce


If you want to turn your website into an appropriate eCommerce store, then WP E-commerce is not just a payment processor. It is a complete e-commerce system for WordPress users integrated with existing WordPress websites. You can use it with PayPal, Stripe and many other integrated payment systems.

If you have a website and want to use it to sell goods, then WP E-commerce is a good idea for you. You can create a product catalog in an online store that is highly customizable in style and design. You can streamline the payment system in as few steps as possible to maximize sales and it also integrates with a range of shippers so you get real-time shipping rates.

Free Ecommerce WP with paid add-ons like payment gateway plugin, membership plugin and FedEx shipping plugin. There are more than just a few dollars to make your ecommerce website truly professional


website-width-to-website-website started in 1996 and is currently the largest online payment gateway with more than $ 88 billion in transactions each year. It is included here in its own section because it is often misrepresented as a gross payment system. It is actually a payment gateway, but it is easy to integrate into an e-commerce platform.

If your revenue guarantees $ 99 setup fee, $ 20 monthly fee and $ 0.10 transaction fee, then you would prefer this to PayPal. Many popular shopping cart systems and eCommerce platforms (e.g. Volusion, Magento and X-cart) are set up to use Authorization. It also has a strong API so it is integrated into custom platforms.

However, Authorize is not a merchant account and you will require the merchant account to work in conjunction with Authorization. Although this is a good, professional way to set up an eCommerce website, it is not equivalent to PayPal or 2-Checkout. Many payment processor listings include and we include it here to allow you to avoid confusion about its capabilities. It is good, but it is only part of the overall payment system.

See more: Create a free sales website


If you have a high enough monthly cash revenue, it could make sense for one of the more professional systems including a separate commercial bank account.

However, conventional websiter does not need to pay such costs if all they want is a way for their readers to buy an ebook package or occasional software. Affiliate marketers are paid directly through their affiliate system (ClickBank, Commission Junction and the like) and there is no need for a separate seller account.

The mobile payment systems combined with the card scanner provide a useful means to accept payments if you provide offline services away from home. Many websiter use their website to advertise services such as restaurants, hairdressers and auto repair businesses. Mobile card scanning systems like Square and PayAnywhere can be very helpful for them.

Just like with banks, there will be people who are dissatisfied with at least one of the systems on our list. Many people have used PayPal for countless years without a problem, and there are others who have suffered a lot from using it. This applies to all payment processors, so we won't miss anything just because there are a few bad reviews online.

Ultimately, it's your personal choice that you use, so check to make sure your choice is the best payment processor for your website.