Top Three Online Payment Gateways: Bird-eye view analysis

Posted on April 9, 2019

Online Payment Gateways have revolutionized the digital finance industry. At one end it has enabled fast-paced transactions for digital banks and on the other hand, it has facilitated users a seamless online buying experience. Online payment gateways add reliability, traceability, and scalability to global financial transactions.

With plenty of powerful and popular payment gateways available in the market, often business owners and consultants are indecisive when it comes to picking one suitable online payment gateway for their online portal. To assist such fellows we’ve carried out a little comparative research and have listed top 3 payment gateways that blend well with local and global e-commerce stores.

Stripe

Stripe is a richly networked online payment solution. It has strong partnerships with industry experts, local banks, major card networks, the PCI Council in the financial sector to ensure a widespread outreach. Similarly, it has strong ties with the carrier providers such as the W3C and internet browser providers to facilitate easy and seamless experience.

It allows developers to rapidly build integrations with modern tools, from React components to real-time webhooks. Likewise, it processes charges and displays prices in a customer’s preferred currency to improve sales and help customers avoid conversion costs. Signing up for the payment gateway is trouble-free and fast.

Key Features of Stripe

  1. Customized Checkout

  2. Multiple Payment Options

  3. Secure Transactions

  4. Reports & Insights

Paypal Pro

Payments Pro is PayPal’s payment processing service for eCommerce users that don’t necessarily have a PayPal account. It accepts 26 leading currencies and is used in over 200 markets globally. Its outreach is exemplary.

Payments Pro is an end-to-end platform that supports credit cards and relies on an open API infrastructure. SUch a service coupled with easy invoicing mechanism ensures a seamless and hassle-free experience for users.  As expected, Payments Pro is also a role-model of secure checkouts.

Key Features of Stripe

  1. Doesn’t Require Payers to have a PayPal Account
  2. Customized checkout
  3. Easy Mobile Payment Interoperability
  4. Global Outreach
  5. Richly networked and Integratable

WePay

WePay is an integrated payment gateway. It is tailor-made for omnichannel, POS and web-based software platforms. It ensures quick, seamless, and secure on-boarding and processing. Moreover, WePay better suits software businesses which are fast-paced as scalability is of key importance for them. For instance, it enables businesses to personalize their online platform using your brand and pricing structure to allow native processing and promote their own business model.

Key Features of Stripe

  1. Easy Enabler
  2. Total Payment Risk Coverage
  3. Fast Integrated Payments
  4. Instant onboarding
  5. POS solution to Boost Sales

By Hamid Mukhtar Chishty

As Enou's sales executive, Hamid has been actively working in the digital marketing space. With a background of Marketing and Technology, he speaks the language of business and makes it sound like music.

Enou is a design centered agency based in Lahore. Our mission is “To reinforce businesses and start-ups by creating value in their work, through our digital services” and the driving force that keeps us motivated is our desire for perfection. We truly believe in the transformative power of illustration and design and their ability to simplify communications, elevate experiences, engage and inspire people because in the end, what they see is what they believe!

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