In this era, most businesses rely on the Top 5 Payment Gateways provider for customers’ smooth payments without any hazel. Customers have always required a smooth, faster, and secure payment method for purchasing. Read more about the top 5 payment gateways.
This blog post will close up 10 top payment gateways provider and its feature. Also, we’ll discuss payment methods in which technology can adopt these services, whether they consist of two-factor authentication or not.
How do the Top 5 Payment Gateways work securely?
The top 5 payment gateways are software that processes payment through credit or debit cards and other electronic currency in a secure and encrypted method that protects sensitive information. This software keeps customers’ card details confidential.
So, businesses subscribe to Payment Gateway software, they have required merchant accounts of a company, and customers need credit or debit cards or electronic currency for purchase. Gateway third-party software transfers this payment directly into the company merchant account.
Top 5 Payment Gateways Software
This section discusses the top 5 payment gateways software:
1. PayPal
Paypal is a top-rated platform in over 203 countries. This gateway (Top 5 Payment Gateways) is an eCommerce platform designed to provide services to people and companies to send and receive payment without other personal or financial information.
We need an email address from a PayPal account to send or receive payments across global instantly.
PayPal is easy to use to sell and purchase by your smartphone on any merchant.
Features
- Business Tools
- Easy to Use
- Mobile Friendly
- Secure Transaction
- Multiple Payment Option
- Bill me later
2. Stripe
The Stripe platform is a cloud payment gateway (Top 5 Payment Gateways) for accepting and managing online transactions globally. It serviced a suite of solutions to process online transactions and included features such as a custom UI toolkit, embeddable checkout, consolidated reports and much more. It has a great security feature to prevent fraud. It also offers an open API that helps integrate with your business ecosystem.
Features
- Payout in multi-currency
- Embeddable checkout
- OTP Authorization
- Custom UI toolkit
- Open API
- Financial Report and Analytics
3. Skrill
In the new age, Skrill, through a digital payment gateway (Top 5 payment Gateways), leads to the top and facilitates its user to a digital currency transfer. Skrill is UK based on one of the successful gateways that service providing over 30 different countries, that enables customers to purchase products and services globally.
In this era, many companies have also been awarded Skrill, such as Deloitte Technology Fast 50 Award, B2B EGP Award, etc.
So, Skrill Payment Gateway offers two types of accounts 1st one personal account and another business account.
- Personal Account: Personal account is used by people individually for payment sending and receiving.
- Business Account: This type of account use companies for their small businesses to make recurring payment.
Features:
- Credit card Transaction
- Free Account
- Services Provided in over 30 Countries
- Advanced Encryption Technology
- Email Support
- Two-Factor Authentication
4. Amazon pay
This payment gateway (Top 5 Payment Gateways) is designed for Amazon merchants and shoppers. You know it is easy to use faster and more secure payment solution, yet its services are available in 8 countries. Amazon Pay introduced two different packages to the people 1st one is Login and Pay for Shoopers, and another payment with Amazon merchants.
Features:
- Automatic payments
- Mobile app Integrated
- Account Management
- prevent from fraud
- Web Merchant Services
- Inline checkout
5: 2Checkout
2Checkout gateway (Top 5 payment Gateways) leading to eCommerce businesses globally in over 180 countries. Established in 2006, it helps companies increase their sales and make the checkout process easy for buyers.
2Checkout gateway also helps in fraud detection and prevention, services to help protect your business and customers from fraudulent transactions. This service includes real-time fraud monitoring, chargeback management, and risk analysis.
Features:
- Acceptance payment globally
- recurring Payments
- Access to 45+ payment methods
- Global tax and regulatory compliance
- Multi-Currency Support
- Fraud Detection and Prevention
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Final Words
Suppose you have an online store or eCommerce business. In that case, your payment method must convert to multiple acceptance merchant gateways and enhance your sale and revenue to provide several payment options to your customers.