Choosing a Right Payment Gateway
With so many popular payment gateways in the market today, how does anyone know the right one? So, it is difficult to choose right payment gateways for a website. And this is why you are invited to check our list of the payment gateways.
2Checkout is an electronic payment service founded in 2000 that allows merchant to accept online card payments from customers. It supports all major credit cards such as Visa, Mastercard, Diners Club, American Express and others. 2Checkout is designed to fit well with other systems. In fact, the platform can integrate with over 100 shopping carts and invoicing systems.
What Payout options are available on 2Checkout?
Currently, three payout options are available in 2checkout.
- Wire Transfer
How to Withdraw Funds from 2Checkout?
Payouts is automatic. There is no payout on demand or request. Payouts are set based on the package you select. Weekly payments are available for 2Sell and 2Subscribe packages and monthly payments for 2Monitize, as default.
How much 2Checkout Charge in Payouts?
- For Wire Transfer, 2Checkout charge: 15USD/GBP/EUR
- For Paypal, 2Checkout doesn’t charge any fee (However Paypal might charge small fee)
- For Payoneer, 2Checkout doesn’t charge any fee (However Payoneer might charge small fee)
How much 2Checkout charge for every transaction?
The three packages and transaction fee incur by 2Checkout upon successful sale are listed below:
- For 2Sell package: 3.5%+$0.35 per successful sale
- For 2Subscribe package: 4.5%+$0.45 per successful sale
- For 2Monetize package: 6%+$0.6 per successful sale
Stripe is a US-based payment gateway that is available in more than 35 countries. Stripe offers a variety of options to support the payment gateway. It supports all major credit cards.
What payout options are available on Stripe?
Currently, you can withdraw to your bank account. But you also have option to withdraw to your Payoneer account if you wish to. In order to do so, you need to enter the Global Payment details of the currency you wish to get paid in to the banking section of your stripe account.
How to Withdraw Funds from Stripe?
By default, Stripe automatically creates payouts of your available account balance based on the schedule specified in the dashboard. The schedule depends on your country and whether your business operates in a higher-risk industry.
How much Stripe charge for every transaction?
Stripe charge 2.9%+$0.3 for every successful sales. Also, for disputes, disputed payments incur a fee of $15. This fee is fully refunded if the customer’s bank resolves it in your favor.
Authorize.Net is currently available in more than 33 countries. It is one of the oldest and most trusted payment gateways available for credit card users. Authorize.Net’s online payment system accepts credit cards and electronic checks from websites and deposit funds automatically into your merchant bank account.
What payout options are available on Authorize.Net?
There is direct bank transfer.
How to Withdraw Funds from Authorize.net?
Payouts is automatic. And it would take 3-5 business days for the funds to be deposited into your bank account.
How much Authorize.Net charge for every transaction?
The three packages and transaction fee incur by Authorize.Net upon per transaction are listed below:
- For All-in-one option package: 2.9%+$0.30 per transaction
- For payment gateway only package: $0.1 per transaction plus daily batch fee of $0.1
- For enterprise solutions package: Tailored pricing
PayPal is the most commonly used payment gateway for ecommerce stores. PayPal is popular in more than 200 countries. It accepts popular credit cards like Visa, Mastercard, American Express, Citibank and more. To integrate PayPal with your ecommerce store, you will need a business account with PayPal.
What payout options are available on PayPal?
Funds can be directly transferred into bank account.
How to Withdraw Funds from PayPal?
There are mainly two kinds of transfer. First one is “Standard transfer to linked bank account” and the second one is “Instant transfer with eligible linked debit card or bank account”.
How much PayPal Charge on Payouts?
PayPal fee are as follow for payouts:
- For standard transfer to linked bank account: Free
- For instant transfer with eligible linked debit card or bank account: 1% of amount transferred, with a maximum fee of $10.
How much PayPal charge for every transaction?
For every sale, a fee of 2.9% of the transaction amount plus a fixed fee based on the currency is charged by PayPal.
SecurePay is all in one payments. Accepting payment online is easy with SecurePay whether it is startup, small or large scale enterprise. It supports all major credit cards.
What payout options are available on SecurePay?
Funds can be directly transferred to bank account.
How much SecurePay charge for every transaction?
- For Domestic Card transaction, SecurePay charge 1.75% of transaction value plus $0.3 per transaction
- For International Card, SecurePay charge 2.9% of transaction value plus $0.3 per transaction.
Braintree is the all-in-one payment processing partner for businesses. It allows customers to accept, send, process and split payments to maximize their business opportunities. With Braintree’s integrations, users have access to a global market with over 40 countries and more than 130 currencies supported.
How to Withdraw Funds from Braintree?
Funds will be directly transferred to bank account you provided during the application process. And you can expect to see them within 2-5 business days of settlement.
How much Braintree charge for every transaction?
Braintree charge 2.9% +$0.3 per card or digital wallet transaction.
7. Coinbase Commerce
Coinbase Commerce allow merchants to accept cryptocurrency payments in Bitcoin, Bitcoin Cash, Ethereum and Litecoin. In order to use Coinbase Commerce, you will need to register a free account with Coinbase.
What payout options are available on Coinbase Commerce?
Currently, you can withdraw balance from your “Active Cryptocurrencies”
How to Withdraw Funds from Coinbase Commerce?
To withdraw your funds, log into your Coinbase Commerce account and click on a “Withdraw” button next to the relevant cryptocurrency in the “Balances” section. A modal will pop up with the ability to specify how much you would like to withdraw, and where you would like these funds to go.
How much Coinbase Commerce charge for every transaction?
Coinbase Commerce do not charge any fees. However, in order to withdraw any funds you have received, you will need to pay a network fee to cryptocurrency miners.