5 Top Payment Processors
Online payments are essential for any ecommerce business. Choosing the right payment processor can have a major impact on your sales, costs, and overall customer experience. In this comprehensive guide, we’ll explore the top 5 payment processors available today based on fees, features, integrations, and more. PayPal Founded in 1998, PayPal pioneered online payments and is now one of the largest payment processors. PayPal is used by over 350 million active users across 200 markets. Features Supports credit cards, debit cards, PayPal balances, and bank transfers. Offers currency conversion in over 100 currencies. Integrates with major ecommerce platforms like WooCommerce, Shopify, and BigCommerce. Includes fraud protection and dispute resolution. Fees 2.9% + $0.30 per U.S. transaction. Higher rates for international transactions. No monthly fees. Pros Universally recognized brand with high consumer trust. User-friendly checkout optimized for conversion. Strong fraud and dispute protectio...