Which payment method do you recommend for e-commerce?
Posted on 28th November 2022
Connecting a simple yet reliable payment gateway is a must before making your online shop live. Here at it'seeze, we are often asked which we recommend.
PayPal is free upfront, but has a transactional fee - 2.3% of every sale you make. It is easy to integrate, with just the email address you use for PayPal needed to link the two. It is by far the most popular payment method, and with its two-factor authentication, provides secure transactions.
Like PayPal, Stripe offers "pay-as-you-go pricing, based on payments you process". There are no setup or monthly fees, but 1.4% + 20p is taken from every sale you make.
A global payments system allows for sending and receiving payments in different currencies, so is suitable for larger businesses in an international market.
This flexible repayment plan lets your customers spread the cost of a purchase by paying a 10% deposit upfront and then paying the balance over 3, 6, 9, or 12 months. Note that Payl8r is only available for orders over £50.
Other payment gateways we recommend are:
Cardstream (including Card Saver, CardPayGo, First Payment Merchant Services, Handepay, Pay Global, Paytriot, Retail Merchant Services, and Universal Transaction Processing
ePDQ (Barclaycard), First Data, Opayo, Viva Wallet
Providing convenience to your customers is crucial, as is having a quick checkout to prevent abandoned baskets, and as one of the more familiar payment methods, PayPal is the best option for most small businesses.
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