Top 5 Payment Gateways for Ecommerce Websites in 2020

Get more traffic with seo 2020
Get More Traffic With SEO in 2020
April 25, 2020
Custom Web Development
Custom Website development
April 29, 2020
Show all

Top 5 Payment Gateways for Ecommerce Websites in 2020

Top payment gateways

In a short period, online payment has become an essential part of our regular life. Millions of transactions are happening in a couple of minutes all over the world.

And it would not be wrong to say that online payment has become a boon for the e-commerce world.

In this article, we will share a list of top payment gateways for e-commerce websites Development. Also, we will understand in brief what it is and its benefits and more.

We are making transactions online through cards like debit, credit cards, and net banking, UPI, and other wallets as well.

What is a Payment Gateway?

The payment gateway is a subway that allows or connect your bank account to the platform where you want to transfer your currency.

A PG (payment gateway) focuses on forming a protected lane among a merchant and a customer to ease payments fast and securely.

Benefits of a Payment Gateway

Broadly it is not very difficult to understand the importance of a payment gateway. We have a lot of significant advantages to it.

  1. Quick and Secure Transactions: One of the big reasons behind the popularity of payment gateways is secure and fast payments. It allows a user to make payment in a couple of seconds and secure all sensitive information related to the bank account.
  2. PCI-DSS Wallets: A payment gateway offers to save your bank or card details to pay anytime on a platform.
  3. Expended Customer base: With the help of various card availability, any user can make a transaction over the world. It automatically increases the customer base.
  4. No limit: Same time, thousands of people can make a purchase and complete transactions without any inconvenience.

List of top 5 payment gateways for e-commerce websites

01. Cashfree Payment Gateway

It is one of the leading payment gateways that offer the broadest range of payment options.

These payment options are like Visa card, Mastercard card, Maestro card, Amex card, Rupay card, More than 70 net banking option, Popular mobile wallets, etc.

And charges are just 1.75% per transaction. And no initial setup and annual maintenance charges.

 

#02. Razorpay Payment Gateway

Razorpay is another widespread payment gateway that allows companies to accept, process, and expend payments with its product set.

It has all major payment options like a credit card, debit card, net banking, wallets, UPI, and more. Razorpay charges 2% per transaction and 1% additional for international tickets. And the annual maintenance charges are null.

 

#03. PayPal Payment Gateway Service

PayPal is a worldwide payment platform that is working in more than 200+ countries across the world.

You should use this payment gateway if your expecting orders from multiple international countries. Also, it supports more than 57 currencies withdrawal in your bank accounts.

The transaction fee per transaction is 4.4% and US 0.30$ currency conversions charges. Even zero maintenance charges.

 

#04. CCAvenue Payment Gateway

CCAvenue is one of the significant payment gateways in India. It has 200+ payment options such as Credit cards, net banking, Debit cards, Atm cards, Bank EMI, and more.

CCAvenue supports 27 currencies, including the American dollar, Pound Sterling, UAE Dirham, etc. They do not charge the initial setup fee but charge 1200 RS annual maintenance fee.

And the transactional charge per successful transaction is 2%.

 

05. PayU Payment Gateway

Formerly it is known as PayU money. PayU is another best payment gateway in India. It offers easy to sign-up and minimal expansion efforts.

The transaction fee per transaction is 2%, excluding GST. And for international cards, it charges 3% + GST and No annual charges.

PayU supports all international payment cards, credit cards, debit cards, domestic cards. And support mobile app integration on Android, windows, and iOS.

 

Rankers web can help to integrate payment gateway

Yes, you are reading, right. The team of highly professionals and experts offer 24* 7 hours of support to integrate a payment gateway on your e-commerce website.

RankersWeb experts are highly skilled and capable of setup initial payment gateway and other technical support.

Conclusion

So, these were the top 5 payment gateways, which are offering the best support and minimal transaction charges. Overall, the payment gateway is a way that connects customers and merchants to perform purchases worldwide.

As an e-commerce business owner, a payment gateway is the lifeline of your business.

And RankersWeb is your always with you in the integration of a payment gateway.

2 Comments

  1. […] Read More: Top 5 Payment Gateways for Ecommerce Websites […]

  2. Tommie says:

    Pretty component of content. I simply stumbled upon your blog and
    in accession capital to say that I get actually
    loved account your weblog posts. Anyway I’ll be subscribing
    to your augment or even I success you access constantly fast.

    my web-site – Tommie

Leave a Reply

Your email address will not be published. Required fields are marked *