Your WordPress WooCommerce website is incomplete without a payment gateway. A payment gateway is designed to process payments directly or through credit and debit cards. If you want to sell products or services on your website, you need the best WooCommerce payment gateway.
Payment gateways include diversity on your website and allow you to cater to a broader population. You can have multiple payment methods and reduce cart abandonment rates. It also simplifies the checkout process and is a must for eCommerce stores.
Best WooCommerce Payment Gateways
Let’s compare some of the best WooCommerce payment gateways and see which one is suitable for your business.
PayPal is one of the best WooCommerce payment gateways available. Many eCommerce stores use it. It allows quick and easy transactions. It supports major credit/debit cards, bank transfers, etc. PayPal enables One-Touch Checkout to prevent the hassle of entering your contact information every time you make a purchase.
It is a safe and secure platform and protects your customers’ confidential information. You can also avail of PayPal Credit and make payment over-time. Although it has no installation or monthly fee, it charges 2.9% + $0.30 per credit/debit transaction.
Stripe is the most convenient WooCommerce payment gateway for customers. It allows the customer to stay on-site during the transaction. It also supports major credit/debit cards and charges 2.9% + 30 ¢ per transaction.
It optimizes the checkout process by supporting recurring payments and refunds on subscription sites. Stripe also accepts payments from GooglePay, Amazon Pay, etc. It is also the most secure payment gateway and has been certified as a level 1 PCI compliant and protects your customers’ payment information. It also scans your website though its Radar Technology.
Authorize.net is among the best WooCommerce payment gateways. It is user-friendly and allows easy integration with WooCommerce. It accepts multiple payment options such as Visa, Mastercard, Apple Pay, Chase Pay, and e-checks. It charges 2.9% + 30 ¢ per card transaction.
It allows the customers to save their payment information for future purchases. It is also compatible with subscription sites and accepts recurring payments and refunds. You can enhance the checkout process by customizing the layout and enabling customers to stay on-site during transactions. A single site license is for $79/ billed annually on WooCommerce.
The best WooCommerce payment gateways should be easy to use, improve the checkout process, and accept multiple payment methods.
Payment gateways can elevate your eCommerce store if they accept multiple currencies, major credit and debit cards, and have reasonable charges. It enables you to widen your market. Security is also a big concern with payment gateways, and thus you should choose one that is PCI compliant and monitors your website routinely for approaching threats.
These 3 WooCommerce payment gateways are among the best and provide you with all the necessary features and benefits to start selling and accepting payments on your website. In the end, the decision is up to you and which payment gateway works best for your business.