Starting an e-Commerce takes a lot of time to plan. One of the first things to consider is your payment solutions. Payment methods need to be secured, fast, and easy. Customers have no time to navigate every single detail of the page just to pay. They want something fast, upright, and most of all, secured. Here are our top picks:
Payment Platforms for e-Commerce Start-Ups
PayCafe
- Easy to set-up
- 24/7 customer service
- One-stop e-Commerce solution
- Extensive reporting
PayCafe is one of the best platforms to have comprehensive fraud protection. PayCafe offers automated services and a machine-learning algorithm that extensively scans every transaction for any fraudulent activities. Once PayCafe detected fraud, the transaction will be blocked immediately.
PayCafe Benefits:
- Recurring Bills
- International Card and Currency
- Flexible Payment Methods
- In-Depth Reporting
2Checkout
- Scalable modules
- Free to start your set-up
- Subscriptions and newsletters
- Wide network
2Checout’s payment method is reliable and has almost no hassle when doing transactions. It is slowly paving its way to make new markets and enter the global business. It is a modular platform that helps sellers scale without any stress.
2Checkout’s software allows users to handle global payments, subscriptions, billings, and taxes. It also helps start-ups build their online business with few easy steps. It facilitates its payment methods using the most common methods such as credit, debit, PayPal, and other common platforms for easy customer and owner monetary transactions.
Payment Depot
- Accepts all major credit cards
- Minimal membership fee
- Low processing cost
- No cancellation fee
Payment Depot charges $199 monthly for an unlimited member inclusive with all member perks. If you do a lot of transactions monthly, Payment Depot will save you a lot of money from processing fees and other online transaction expenses. The processing fees aren’t percentage-based. Rather, it is a fixed fee of $0.05 to $0.15 per transaction. Lastly, Payment Depot offers a 90-day money-back guarantee if you are not happy with the services.
Stripe
- Ideal for developers
- API and IU toolkit included
- Recurring payment options
- Online and personal payments are accepted
Stripe is a versatile payment channel. Many opt for Stripe when starting an e-Commerce store, subscription services, and in-demand marketplaces. If you operate with multiple processes in your business, Stripe can cater for all transactions due to its flexibility.
Stripe is a developer-friendly site with tools that lets business owners customise their site and payment methods. API in Stripe is easy to use and their library for coding languages are available and can be integrated comprehensively.
Major Credit Cards Accepted
- Visa
- Mastercard
- American Express
- Discover
- JCB (Japan)
- UnionPay (China)
PayPal
- Prominent brand
- Trusted
- Most-used digital wallet
- Easy to set-up
- Secure
PayPal is already known in the world to be secure, fast, and easy. You can easily receive and send money. Online shopping was also made a breeze by PayPal due to its worldwide partners. You can simply link your PayPal account and you need not worry about security or fraud.
Accepted Payment for e-Commerce
- Credit cards
- Debit cards
- PayPal
- Venmo
- PayPal Credit
There are other payment methods all over the internet. However, to ensure that your transactions are secure and you won’t face fraud, choose the ones that are already on top of the food chain.