9 Best WooCommerce Payment Gateways in 2021

Published on July 8th, 2020

Last Updated on May 14th, 2021

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Have you ever wondered what the best WooCommerce payment gateways for you to collect payments or donations on your website are?

Choosing a WooCommerce payment gateway is a crucial step in launching your own online store with WordPress. Many factors must be considered when making this decision, including how your customers will perceive your checkout options and the fees that your solution requires. 

Fortunately, WooCommerce works well with a variety of payment gateways and processors. 

We’ve compiled the best WooCommerce payment gateways for you to consider:

1. Stripe 

Stripe combines payment processing and gateway functionality, making it a convenient (although not always the cheapest) way to handle eCommerce.

There’s a good chance you’re considering Stripe over a more cost-effective solution because you want to sell across international borders. Stripe labels itself as the world’s leading payment services company, and while its claim to the throne is debatable, it’s certainly a contender.

Stripe can be found in 34 countries. That is, it is available to merchants with operations in those countries, but it supports over 135 different currencies. Even better, if the charge currency (yours) differs from the credit card currency used by the customer, Stripe can convert the payment to your currency for a small fee using daily mid-market exchange rates. If you have a linked bank account that uses the credit card’s currency, you can avoid the currency conversion fee. 

Stripe also allows you to display the price of your products in the viewer’s native currency, which is a helpful feature for international businesses. 

Price

  • Online credit card transactions: 2.9% + $0.30
  • Online payments made with international cards: Additional 1% fee
  • In-person credit card payments with Stripe Terminal: 2.7% + $0.05
  • The fee for instant payout is 1%, with a minimum fee of 50 cents
  • 3¢ per 3D Secure attempt for accounts with custom pricing
  • Bank debits and transfers – 0.8%  · $5.00 cap 

Pros

  • Its basic processing services have transparent, flat, pay-as-you-go pricing.
  • It can be used with hundreds of business software applications, including e-commerce platforms, thanks to its integrations.
  • Customers never leave your site during the buying cycle.

Cons

  • It isn’t as simple to set up as it appears.
  • It takes longer for you to get your money (two-day average).
  • Fees charged during the original payment don’t get refunded.

Go to Stripe

2. Paypal Standard

One of PayPal’s most-used methods for accepting online credit card payments is PayPal Payments Standard, probably because it’s also the simplest to use. PayPal Payments Standard provides its users with an efficient checkout experience, even when using the mobile app.

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The mobile-optimized checkout experience is automatically set up for merchants who have already integrated PayPal Payments Standard. But, if you’re new to PayPal, it’s easy to reap the benefits of the mobile-optimized checkout system by simply integrating with PayPal Payments Standard.

Price

  • PayPal Payments Standard can process payments from credit cards, PayPal, and PayPal Credit.
  • A flat fee of 2.9% plus $0.30 per transaction.
  • PayPal Payments Standard has no hidden fees or the need for long-term commitments.

Pros

  • Integrates with some POS systems
  • PayPal makes your funds available instantly
  • Easy for your customers to use

Cons

  • You won’t be able to transfer all of your customer information to another payment processor.
  • Customers are redirected away from your website during the checkout process if there is no recurring billing.
  • The chargeback fee is now higher ($20).

Go to PayPal

3. Square

Another great payment gateway for WooCommerce stores is Square, ideal for stores with physical locations, delivery, and other selling options, in particular. 

Square is currently available in the United States, Canada, Australia, Japan, and the United Kingdom. Each country’s transaction fee is different, but it has a set transaction rate. 

The WooCommerce Square Extension connects your website and your Square account to sync products. You can also add products to your Square account, and they’ll automatically appear in your WooCommerce store.

Price

  • Online transactions: 2.9 percent + $0.30 
  • Keyed-in or card-on-file transactions: 3.5 percent + $0.15
  • Square Terminal and Register payments: 2.6 percent + $0.10
  • Square Appointments (paid plan): 2.5 percent + $0.10
  • Square for Restaurants (paid plan): 2.6 percent + $0.10
  • Square for Retail (paid plan): 2.5 percent + $0.10

Pros

  • A feature-rich, all-in-one system
  • Can accept offline payments
  • Quick deposits within two business days

Cons

  • Customer service is lacking
  • Add-on services are expensive
  • For larger companies, flat-rate pricing can be prohibitively more expensive
  • Businesses with a high risk of failure may not be accepted

Go to Square

4. Authorize.Net

Authorize.Net is a web-based service that enables you to receive electronic and credit card payments from your customers in person, online, or over the phone. This leading payment gateway is used by over 430,000 merchants and processes over one billion transactions per year (to the tune of $149 billion in payments).

Authorize.Net’s Customer Information Manager (CIM) is safely and securely integrated into Magento with this extension. Authorize.Net (CIM) provides ‘token’ access for future transactions, allowing merchants to avoid storing sensitive credit card data on their servers. Customers can create customer accounts within Magento for a faster checkout if Magento merchants use Authorize.Net as their payment gateway. Authorize.Net CIM is a custom eCommerce payment solution that allows billing data to be stored in the payment gateway rather than on the Magento platform.

Customers can save their billing, payment, and shipping information for future orders on their accounts. For added convenience, profiles can include multiple payment methods and shipping addresses. Within the Customer Interface, the admin can manage customer and payment profiles.

Price

  • In addition to the $25 monthly gateway fee, Authorize.Net’s payment gateway charges $0.10 per transaction and a $0.10 daily batch fee. However, for merchants who choose the company’s all-in-one option, pricing will most likely differ from these figures.

Pros

  • Online payments are processed with ease by Authorize.Net
  • The administrator site at Authoize.Net is extremely user-friendly
  • The reporting feature in Authorize.Net is fantastic

Cons

  • The home page for administrators is a little cluttered. To free up some space on the home page, admins would be better served by using more drop-down lists, etc.

Go to Authorize.Net

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5. Trust Payments

Trust Payments, formerly Secure Trading, has since added a merchant acquirer and a US platform to the mix. They accept major payment methods such as PayPal and Apple Pay and integrate with over 40 shopping carts like WP eCommerce and WooCommerce. They also offer online, mobile, and in-store payments.

Price

  • At this time, very little information about the standard Trust Payments contract is publicly available. The company does not make any of its pricing information available to the public.

Pros

  • It claims to have a high level of compliance and protection against fraud. 
  • Trust Payments has a 20-year track record of no downtime and a 24/7 support portal that provides real-time access to all payment data.

Cons

  • Pricing is a bit hazy, and it’s not easy to find on the website. 
  • Because it provides full payment service, it is not the best option for smaller businesses that only require a payment gateway.

Go to Trust Payments

6. Braintree

Accepting payments through your BigCommerce store is simple with PayPal powered by Braintree. They make sure your customers’ payment information gets to the right places and doesn’t fall into the wrong hands with their payment gateway, which is similar to the credit card terminal you swipe your card through at the grocery store. 

When you sign up for BigCommerce, a PayPal account powered by Braintree’s provisional merchant is automatically assigned to you. The Braintree Control Panel will give you access to your new payment gateway. You’ll need to fill out an application and be approved for a full merchant account before you can get your money.

Your payment processing connection is simple with BigCommerce and PayPal powered by Braintree; all the guesswork and setup have been done for you. Remember that your simplified gateway won’t have all of the bells and whistles of a full-stack Braintree integration, but it will allow you to focus on what matters most: running your business.

Price

  • Merchants pay 1.9 percent and £.020 per transaction, with no monthly fees. 

Pros

  • A simple fee structure that is less expensive than others. 
  • In addition to credit and debit card payments, it allows merchants to accept Google Pay and Apple Pay.

Cons

  • Because the Braintree API necessitates some technical knowledge, it may not be suitable for beginners. 
  • Because it is based in the United Kingdom, customer service may take longer than some American payment gateways.

Go to Braintree

7. Amazon Pay

Amazon Payments is a payment processor that caters to both Amazon merchants and customers. Millions of people use Amazon to buy and sell, and this payment option is quick, simple, and secure. Amazon Pay (merchant) and Login And Pay (shopper) are the two options for Amazon Payments.

Amazon Pay is designed for online retailers and sellers who want to give their customers a pleasant shopping experience. The package includes tools and features designed to attract new customers, turn them into repeat customers, and streamline their shopping process and improve customer loyalty through customizable recurring payments.

Amazon users can use Login and Pay to experience quick and easy checkout on thousands of websites and apps. Amazon securely stores seller information, which you can access on the websites and apps you frequently shop on.

Price

  • Amazon Pay charges 2.9% + $0.30 per transaction

Pros

  • It’s a well-known brand that customers will recognize and trust when they see it on the checkout page. 
  • Customers can use their existing Amazon accounts to log in and pay, with payment and address information saved. This can help users build trust and reduce the amount of work they have to do. 
  • Strong protection for the seller. Amazon protects its sellers from fraud.

Cons

  • Fees for lower-value, lower-volume transactions can be prohibitively expensive. It’s possible that the benefits of brand recognition and features outweigh the cost, but it’s something to consider for retailers. 
  • The settlement period is three to five days.

Go to Amazon Pay

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8. Skrill

Skrill is an online payment service that allows you to make transactions and send money to various countries. Skrill was founded in 2001 and is now owned by the Paysafe Group, a large payments company that offers services online, in person, and through other channels. Skrill began as a gambling-focused eCommerce payment gateway but has since expanded its offerings to include Skrill Money Transfer, an online service that allows you to send money anywhere in the world.

When you open a Skrill account, you gain access to both the service and the Skrill wallet (whose review you can find at the end of the page). Skrill Money Transfer is quick, easy, and low-cost thanks to its competitive pricing, exchange rates, and fees. 

Skrill Money Transfer allows you to send money internationally and fund the transaction with a credit card, debit card, SOFORT, or bank transfer, depending on your location and the currency you’re using. The beneficiary can choose to receive funds directly into their bank account, though in a few countries, receiving funds into a mobile wallet is also an option.

Price

  • Swiped Rate – 2.90% + $0.29
  • Keyed-in Rate – 2.90% + $0.29
  • Chargeback Fee- $20

Pros

  • Widely available in 200 countries 
  • No fixed transfer fee when sending money directly to a bank account
  • Send money to a bank account’s email address or phone number with ease
  • A mobile app that is easy to use

Cons

  • It can take a long time to get fully operational
  • The fee structure is complicated
  • International “Skrill to Skrill” transfers have high currency exchange fees

Go to Skrill

9. 2Checkout

2Checkout is a leading international payment platform that allows businesses to accept online and mobile payments from customers worldwide. It provides customers and merchants with a variety of localized payment options and a variety of services. 

The system can handle various transactions and payment methods and is used by over 50,000 merchants globally. Users’ conversion rates are improved by the application’s checkout services, which adapt to local elements of their industry, such as languages, payment methods, and currencies.

You can use 2Checkout’s global payment processing capabilities to market and engage a global audience. To provide your customers with a comfortable and familiar experience, the platform allows them to choose from 26 currencies and 15 languages during the checkout process. In addition, the vendor implements a comprehensive fraud-prevention program to safeguard your and your customers’ finances.

Price

  • Payment gateways such as 2Checkout charge 3.5 percent plus $0.35 per successful sale. You’ll be able to accept payments from over 200 countries and 100 currencies with this plan. You can also set up recurring billing.

Pros

  • People can pay with a variety of methods, including credit cards, debit cards, and PayPal. 
  • It can process 100 currencies and cover more than 200 countries for international merchants. 
  • According to reviews, 2Checkout is easy to get started with, which is helpful for beginners. 
  • Over 120 shopping carts, including Shopify and Wix, can be integrated.

Cons

  • Lengthy approval system
  • No subscription support for WooCommerce plugin

Go to 2Checkout

What’s your favorite WooCommerce Payment Gateway?

Transaction fees, ease of setup, cards/payment methods accepted, support, and, of course, “coolness” are all factors that people consider when selecting a payment gateway. Stripe is unquestionably the coolest gateway on the block and our unabashed favorite right now; we’d highly recommend giving it a look and a test drive.

Stripe is a payment processing option that is beautiful, simple, and fun to use. It was created out of a desire to remove the “pain” from payment processing.

Wrapping Up!

Choosing a payment gateway is a critical decision for online retailers, and as this list demonstrates, there is a lot of information and options to consider. 

It may seem self-evident to pick the provider with the best fee structure, but it’s also important to consider the big picture.

The issue of customer service and support is critical. If you rely on these companies to process payments quickly and efficiently, you need to know that you can get help quickly if there are any issues. The same can be said for trustworthiness; if customers don’t trust the payment gateway you’re using, your conversions and reputation may suffer.

You can choose any plugin from the above-mentioned list and start accepting payments. We hope that wasn’t too much to absorb!

A team of WordPress experts that love to test out new WordPress related software, WordPress plugins and WordPress themes.