Online payment system is one of the most important parts of a global e-commerce business. You are shopping online, paying a bill or using online bill pay through your bank, making an electronic payment is as quick and efficient as a couple of clicks.
E-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. One of the biggest obstacles facing many small businesses is acquiring a platform to handle payments over the internet. A wide variety of online payment systems for eCommerce web stores is difficult to grasp.
PayPal is one of the most used Payment Systems, Read on for some great PayPal alternatives. Here is a list of 20+ best online payment systems for freelance designers and freelance developers.
Top online payment systems for small business
Payoneer is the popular international online payment services. Probably what makes it truly different is that you can get a virtual U.S. bank account. This is of great importance to everybody who is not in the US but who needs to get money in a U.S. bank.
Moneybookers or Skrill is an e-commerce business that allows payments and money transfers to be made through the Internet. It allows for sending and receivig payments to/from 200 countries and territories in 41 currencies, supporting major credit/debit cards and around 100 local payment options.
PayPal is the world’s most widely used payment acquirer, processing over $50 billion in payments in 2015. a PayPal account could be funded with an electronic debit from a bank account or by a credit card at the payer’s choice.
Google Wallet is an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases. Users store their credit ordebit card and shipping information in their Google Account, so that they can purchase at participating stores by clicking an on-screen button.
Payza is an online payment method like PayPal. Alertpay has decided that its time to change and there new name is Payza which will be officially launched on May 14, 2012. Payza is the global online payment platform that specializes in e-commerce processing, corporate disbursements, and remittances for individuals and businesses around the world. Send Money Online Pay and Get Paid. Payza members will be able to load funds to and from their accounts via bank transfer, bank wire, credit/debit card and check, according to the specific regulations for each country.
2Checkout Online payment processing
2Checkout is an online payment processing service that bundles a payment gateway and merchant account into a single package for simple integration with your site. 2CheckOut provides a reliable, dependable, affordable and highly secure payment option for many small to medium online business enterprises.
WorldPay is a online payment gateways. WorldPay is a leading, single-source provider of electronic payment processing services – including credit, debit, EBT, checks, gift cards, e-commerce, customer loyalty cards, fleet cards, ATM processing and cash management services.
The Authorize.Net Payment Gateway can help you accept credit card and electronic check payments quickly and affordably. More than 350,000 merchants trust us for payment processing and online fraud prevention solutions.
Square supplies a free card-reader dongle that you plug into your smartphone. Link it to your bank account, then simply swipe a credit card to collect money. It even e-mails receipts. Square charges a fee of 2.75 percent per swipe.
Amazon Payments is a way for customers to purchase goods and services at websites across the internet using the payment methods in their Amazon.com accounts, such as their Visa or MasterCard. Popular crowdfunding site Kickstarter uses Amazon Payments.
WePay is a payment processor that allows Internet merchants to accept credit cards and bank account payments online.
ProPay electronic payment system that processes credit cards through the Internet via touch-tone phones; used to make purchases at mobile businesses, trade shows/fairs and taxis.
Dwolla is a direct competitor to PayPal. One of the newcomers in the third-party payments space, the company is processing over $1 million per day.
Paymate is a good option for sellers in New Zealand and Australia, though cards from 60-plus countries are also accepted. They have relatively high monthly fees and transaction fees. However, one of the advantages of Paymate is that you can use it to collect payments on eBay.com.au.
Stripe is a simple way to accept payments online. Stripe provides an excellent payment solution for web developers who would like to integrate a payment system into their projects using Stripe’s robust API. Stripe powers commerce for thousands of sites across the web.
MyCheckFree.com is a popular electronic payment system that allows you to receive your bills directly to your email and pay any billers who are affiliates, including major department stores, clothing chains and even commercial banks.
Here are other Best 2016 online payment systems for a small business I think you should also check out: