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E-commerce and payment processing solutions, or payment gateways, go hand in hand. Payment is a component that can make or break your customer experience. Considering WooCommerce payment gateways, many contenders are fighting to grab the users’ attention. So, you need to pick the best gateway to run your online store.
While presenting the functionality needed to accept payments, the WooCommerce plugin for WooCommerce will integrate the payment gateway with your online store in the best possible way. So, in this article, we have highlighted five leading payment gateways for WooCommerce that you can use in your eCommerce store:
Leading WooCommerce Payment Gateways
There are various WooCommerce plugin options for payment gateways. However, we have handpicked five of the best gateways for WooCommerce payments. Let’s check the possibilities:
1. WooSquare Plus
It is one of the fastest-growing WooCommerce payment gateways in the market. WooSquare Plus, formerly Square for WooCommerce, is a payment automation tool that aids Square users in integrating a WordPress site with Square, a premium solution for WooCommerce payments.
WooSquare Plus is a payment gateway solution that enables you to sell variable, straightforward products online. Saving hours without hassle is another hallmark of this WooCommerce payment solution.
Why WooSquare Plus is Unique
- Processing Square payments
- Customer synchronization
- Notes on Transactions
- Cartflow compatibility
- Synchronization of orders
- Multiple payment methods
- Works with Apple Pay and Google Pay
- Credit Card Payments with Mastercard or Visa
- Reporting of Payments
2. PayPal
When it first appeared, PayPal revolutionized the payment gateway scene and is still a popular plugin. Since then, it has become the ideal payment mechanism for moving money globally. Despite the tough competition, people still consider it the most helpful solution for WooCommerce payments.
- PayPal is an active and evolved payment gateway for WooCommerce that offers various exciting features:
- It offers the infrastructure with the reliability expected from any top-tier WooCommerce payment gateway.
- The payment processing functionality gives a great deal of freedom. For instance, you may use PayPal’s “Pay in 3” feature to divide one payment into three equal payments.
- Accepts credit card payments and debit cards in a wide range of currencies
- Although a third-party dashboard is required to handle your transactions, it is simple and packed with attractive built-in features.
- Integration via a WordPress plugin or API
3. Stripe
Stripe is among the most popular and familiar payment gateways for WooCommerce due to its low transaction fees, exciting features, user-friendly interface, and good customer support.
WooCommerce Payments stem from Stripe because it is a white-label payment gateway model. In simple terms, Stripe now comes out as a dedicated form of WooCommerce. Moreover, Automattic shapes it further to integrate with WordPress.
Now, WooCommerce and Stripe go in parallel, having similar core structures. Stripe is also a default payment gateway for WooCommerce. However, it gives you some different feelings, such as
Stripe is available in different countries due to its maturity as a payment gateway solution.
The first point above shows why Stripe is the preferred payment gateway for WooCommerce. When comparing Stripe and WooCommerce payments, consider WordPress integration and region availability. Whichever you choose will guide your choice.
4. Authorize.net
Authorize.net is different and is perceived as an inferior payment option compared to other payment gateways for WooCommerce. However, it offers some positive features and functionalities. It offers:
- Authorize.Net is flexible about the location of payments. This matters a lot for WooCommerce-based online stores, suggesting that this payment gateway option is scalable according to needs.
- In addition to Visa, you have plenty of payment types. For instance, payment is accepted for most credit cards, Visa Pay, Apple Pay, and more. PayPal is also an option.
- Apt security tools are non-negotiable to protect your customers and your site. WooCommerce has advanced fraud protection.
The one glaring point with Authorize.Net is the fee. You get the standard transaction fee of 2.9% + a $0.30 handling fee. Moreover, you must pay a monthly fee of $25 to access Authorize.net.
Further, a merchant account costs $25 per month, but the transaction fee is $0.1 per transaction. The correct infrastructure can greatly benefit you.
5. Square
WordPress users may recognize Square as a rival. Of course, Square functions admirably as a payment gateway among its competitors. Here are some reasons why people prefer Square over other WooCommerce payment gateway solutions:
- To begin, you can configure and set up quickly, and it is highly usable for recurring payments.
- You can quickly access your money through the Square Checking service, amplifying your trust and comfort.
- The transaction costs are simple and affordable.
- Continuing with the last point, it’s easy to comprehend their transaction fee mechanism. Assuming you are a USA-based user, you will pay 2.9% + a $0.30 fee per transaction. Other fees may apply depending on how you use Square, but for the most part, you will know how much is payable for each sale.
Wrap Up
We have discussed only the best payment gateway for WooCommerce stores or services that untangle the payment process. For you, the business owner, the criteria for choosing the payment gateway can vary depending on the transaction speed, ease of use, interface aesthetics, security, etc. The payment gateway answer can range from online store to online store, depending on the target audience and relevant market.
