Are you aware of the fact that payment options on the online platforms are increasing day by day? New payment processing technologies are getting developed with such a speed that you won’t be able to keep your WooCommerce store up with them if you are not active. This is the reason customer’s payment preferences have also changed and now we see them divided into different payment categories such as credit card users, debit card users, Google Pay users, and many more.
Integrating so many payment systems into your WooCommerce store might seem to be a difficult task. Luckily, there are a number of payment gateways available out there that requires just a simple extension to integrate it into your WooCommerce store. The main benefit of using those payment gateways on your shopping site is that they offer you a bunch of payment systems accommodated in a single software. Using them you can collect payment from all types of customers who come to your site to purchase certain products.
Today in this blog we will see what are the popular payment gateways to use for your WooCommerce store. But before we dig deeper into that, I would like you to recognize well our web design Los Angeles company that improves the rankings and results of websites. That means, if your company’s website is getting low traffic, not generating enough leads or converting new visitors, feel free to contact our company SFWP Experts. We have several designers, developers, and SEO analysts to meet each need of your specific website.
With that over, now it’s time to take a deep dive into some of the excellent WooCommerce Payment Gateways for your online store.
Top 3 WooCommerce Payment Processors Every Online Store Needs
1. Stripe
Stripe is a superfine WooCommerce payment gateway that excels almost in every field. Some of the worth-mentioning qualities of this payment processor are low processing fees, free plugin for WooCommerce integration, and easy options for subscriptions and refunds.
What’s particularly interesting about this payment service provider is that it powers the most popular “WooCommerce Payment Service”.
Other powerful features of this plugin are:
- Supports various payment options such as Apple Pay, Google Pay, and Alipay
- Offers strong tools for fraud protection such as Stripe Radar and 3D Secure
- Supports more than 130 currencies of different countries
- Supports Strong Customer Authentication System
Service charges:
The first thing to note down here is that Stripe has no monthly fees for its service usage. In addition to that the plugin that you need to connect it with your WooCommerce store is also free. All you have to pay for using Stripe on your WooCommerce store is just the processing fees.
Take a look at its processing fees for different payment methods:
- For credit and debit cards - 2.9% of the transaction amount + $0.30 per payment
- For international payments
- +1% for all the international credit cards
- For currency conversion
- if making the payment in another currency through international cards, additional 1% fees will be applied.
Incase you would like to design a small popup or message box to display service charges on your site for making the payment, get in touch with our Los Angeles web design company now.
2. PayPal
PayPal is a reliable WooCommerce payment gateway that needs no introduction in today’s time. If you have made online purchases recently, you might have come across this payment processor to make your payment on eCommerce stores.
Some of the mind-blowing features of PayPal are:
- In-Context popup checkout to allow your customers to make payment on your site only
- PayPal Credit to allow your customers shop now using PayPal credit and then pay later by a particular date of the month (For USA only)
- Support for credit and debit cards both
- Support for payment collection of WooCommerce Subscriptions
Service charges:
It’s charges are pretty much the same to that of Stripe because neither there is a monthly fee for PayPal usage nor it charges for integration plugin for WooCommerce.
As far as its processing fees goes, you must know that PayPal is a bit more expensive to use than Stripe. Let’s see how it is so:
- For credit and debit cards – 2.9% of the transaction amount + $0.30 per payment
- For international payments – 4.4% of the transaction amount
- For currency conversion – fixed charges for various currencies in which you want to make your payment
In case you want to customize your checkout page to suit your WooCommerce theme but are not able to do so, simply speak to the designers of our Wordpress website design company.
Authorize.net is a widely-known payment gateway that you can use to collect payments on your WooCommerce site. This payment software integrates so well into your WooCommerce site that your customers won’t need to go away from your site to complete their payment.
This payment service is owned by Visa that is a reputed name in the payment processing industry.
A few standard features of this payment application are:
- Fully supports recurring payment collection for WooCommerce subscription
- Complies with PCI security council standards
- Option to save payment methods of customers to let them quickly make a purchase from the next time
- Easy refund processing from your WooCommerce dashboard
- Supports payments made through eCheck
Service charges:
Unlike Stripe and PayPal, Authorize.net charges a $25 monthly fee for using its services. Note that they won’t give you relief on processing fees as well and have their separate charges for that. Also, you will have to buy its premium integration plugin by paying $79 to connect this payment software with your WooCommerce store.
Let’s see its charges for different payment methods:
- For credit and debit cards – 2.9% of the transaction amount + $0.30 per payment
- For international payments – +1.5% for all the international credit cards
- For currency conversion – not available
In case you would like to consult an expert to know which payment gateway would be suitable for your specific store, you can give a call to our Los Angeles web design company.
Which Is The Best WooCommerce Payment Gateway In 2020?
So I have told you earlier how important it is to have a good payment gateway working on your WooCommerce site. It’s just that it provides your customers a wide range of options to make their payment. And that’s very much needed because not all customers have the same payment resources.
If you are not able to decide which is the most suitable payment gateway for your specific WooCommerce store, I’ll recommend you to try out Stripe. And if you want you can also have PayPal as the secondary payment method that will give your customers a better payment experience. Once you have integrated them into your WooCommerce store, configure them according to your needs and then you are ready to operate your online store.
Do you have any questions about the best WooCommerce payment gateways listed here? Make us informed about that by putting your questions in the comments section below. We will check them out and try our best to reply as soon as possible. Not just this, if you think that your WooCommerce site needs redesign, performance improvement, or ranking upgrade, chat with our Los Angeles web design company now. The intellectually-minded team of our company SFWPExperts have expertise in offering result-oriented services like custom web design, web development, app development, search engine optimization, online marketing and others.
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