How Do Customers Want to Pay? A Guide to Online Payment Gateways

There are so many options to choose from when it comes to collecting money from customers. But what's the best option for accepting payments?

From PayPal to checks and Square to Authorize.net, finding the right online payment gateway can be overwhelming. But it doesn't have to be. Here's a quick reference for all of the popular payment processing options.

Square

Square does more than just connect with your Weebly website; it lets you share products across Weebly and Square shops with Square+Weebly. Import products and sync online and offline inventory to keep them automatically updated.

Square allows businesses to accept payments online and in person so it can be used for online and offline sales. With Square, you can accept payments from the United States, Canada, Japan, Australia and the United Kingdom.

Square also allows instant credit card transactions and comes with an integrated point of sale checkout. The fee for using Square is 2.9% of each purchase, plus $0.30 per transaction. And you get paid in 1 to 2 business days.

This option is best for businesses with at least 20 items in their online shop or small businesses selling on- and offline.

PayPal

PayPal is the most-recognized online payment gateway. Integrate the PayPal Express option and users can pay with a credit card even if they don't have a PayPal account. It's trustworthy and easy for customers to understand.

PayPal also allows instant credit card transactions and is a powerful tool for nonprofits as well because you can collect donations. The fee for using PayPal is 2.9% of each purchase, plus $0.30 per transaction. The biggest downside is that users get redirected away from your website to PayPal complete the transaction.

This option is best for businesses with just a few items in their online shop or companies that accept donations.

Stripe

Stripe accepts more than 130 currencies, so it's great for shop owners with an international presence. It also integrates with Apple Pay and Google Pay for great mobile connectivity.

Stripe allows instant credit card transactions and comes with an integrated checkout. The fee for using Stripe is 2.9% of each purchase, plus $0.30 per transaction. You get paid seven days after each transaction.

This option is best for businesses with at least 10 items in their online shop.

Authorize.net

Authorize.net is one of the biggest merchant payment gateways in the world. You can accept international payments and using the service comes with the credibility of registering as a merchant. (An application is required.)

There is a catch though — businesses must be located in the United States, Canada, United Kingdom, Europe or Australia to use the online payment gateway.

Authorize.net comes with an integrated checkout. The fee for using Authorize.net is 2.9% of each purchase, plus $0.30 per transaction and there is a setup fee after a merchant application is completed.

This option is best for larger online shops with at least 20 items available.

Conclusion

The safest way to collect payments online is through a verified payment processor. Most shops should not bother with check or cash transactions for online purchases.

Stripe, PayPal, Authorize.net and Square are easy to use and are available to integrate directly with your Weebly website, for all plans Starter and above.