Congrats! You’ve set up your online store or are just about to do it and are ready to receive your first sales dollars. Continue reading to learn what are the most popular payment gateways on the market right now and choose yours today.
Square offers a great service to get paid when your client is not there. They have a very user-friendly UI and competitive pricing. It works for businesses of any size and comes in with 24/7 support. On-demand analytics allow you to grow your business based on the real data and their data security is one of the strongest on the market, all of which makes Square a user-favorite.
Pricing: $0 monthly fee and 3.5% + 15¢ for card-not-present transactions.
Benefits: Square has a great integration with one of the most popular accounting software systems — QuickBooks Online. Sign up for it here to get all sales transactions and Square fees instantly recorded in QuickBooks.
Where to start: Click here to sign up for Square virtual terminal.
Shopify, itself an e-commerce company is in a league of its own. If you are into design, you will love an online store you can build on their platform, full of templates and drag-and-drop options. You can take payments in your preferred method (majority of popular methods and local currencies are supported), which makes it a unique payment gateway. Security is great too, as Shopify is PCI compliant and supports 3D secure checkouts.
There are many wonderful features available in different subscription plans. The cheapest one, Basic Shopify ($29/month), comes in with built-in fraud analysis and Online credit card rates rate of 2.9% + 30¢. The next available — Shopify ($79/month) gives you everything to grow your business and lowers the online credit card rate to 2.6% + 30¢.
Pricing: starting from $29 a month + 2.9% + 30¢ per online transaction.
Where to start: click here to start your free trial.
Lightspeed is one of the strongest points of sales on the market thanks to its wide-ranging inventory options. In terms of accepting payments, it’s quite similar to its competitors providing great security (PCI compliant), 24h support, personalized onboarding, and reporting tools and a dashboard.
Pricing: you can request a quote for your business, but the most popular plan starts at $59 a month + 2.6% + 30¢ per online transaction. This plan gives you up to 250 product profiles, 1 user account, SEO optimization, and a return management system.
Where to start: Click here to choose the best plan for you.