PayCly Blog

10 BEST Payment Gateway Providers In 2023 For Online Businesses

Are you looking to establish your new online business in the year 2023? Well, if your answer is Yes, this is the right destination.

With the prevalence of Covid-19, the globe has seen a significant increase in online payments. People now prefer to utilize the online payment methods for nearly everything because they are safe and secure. A cashless method of money transmission is becoming more and more popular. The payment gateway's work begins here.

A payment gateway is a merchant service that links users' bank accounts with the platform where they must transfer money. Customers of a bank may use a payment gateway, but there are also specialist financial service providers, such as payment service providers, who offer it as a special service.

For any online business, having good and compatible payment services is essential. A website or online business can easily and securely collect payments from clients by using an online payment gateway. But having an online payment gateway is not sufficient. Merchants also need a merchant account or high-risk merchant account and credit card processing to complete the single transactions.

Let's explore the 10 best payment gateway providers in 2023.

10 BEST Payment Gateway Providers In 2023

Choosing the right payment gateway that suits your online business requirements is challenging for any merchant, especially if your business is high-risk. Here, we pick the 10 best payment gateway providers in 2023 for your online businesses. You can choose anyone that resonates with your business needs. So, let's start.

PayPal -

PayPal is one of the most popular, common, and household names. It is the most trusted online payment option for online businesses. Its integration process is very easy and hassle-free. It allows customers to instantly send and receive payments worldwide with an email address.

Its services are available in approx 203 countries. It supports most credit cards such as Visa, MasterCard, American Express, etc.

Features of PayPal -

  • PCI Compliance
  • Inventory Tracking
  • Virtual Terminal
  • Shopping Cart
  • Express checkout
  • Barcode scanning
  • Online Invoicing
  • Bill me later

PayCly -

PayCly is one of the most popular and leading payment service providers. The best thing about PayCly is that it supports all types of businesses but has specialized in high-risk businesses such as forex, IPTV, adult, gaming, etc.

For high-risk businesses, it also offers you a high-risk merchant account and a high-risk payment processor at the best rate in the market. Its services are available in more than 150 countries and support more than 100+ international currencies.

Features of PayCly -

  • PCI DSS level-1 compliance
  • Hassle-free checkout process
  • Online Invoicing
  • Various payment methods, including cryptocurrency
  • Powerful Dashboard
  • Recurring billing
  • 24*7 real time reporting and customer support
  • Futuristic security tools such as anti-fraud and anti-chargeback tools.

Skrill -

Skrill was started in the year 2001. It is one of the most well-known payment gateways worldwide. As it completely understands the modern payment demands, most merchants prefer it. It is one of the successful UK-based payment gateways supporting more than 30 currencies worldwide. It is also awarded by most companies, such as Deloitte Technology Fast 50 award, the B2B EGP award, and many more.

Features of Skrill -

  • Email Transactions
  • Credit Card Transactions
  • Quick Access
  • Free Accounts
  • One Place Data

Stripe -

Stripe is the cloud-based payment gateway software that allows it to accept and handle online transactions from anywhere in the world. It offers comprehensive solutions for handling payments online and wonderful features like a custom UI toolkit, embeddable checkout, aggregated reporting, and much more.

Stripe is a reliable payment gateway that guarantees a seamless transfer of payments into your company while connecting with the application interface that enables you to manage income, prevent fraud with excellent security, and increase sales across the globe. To integrate with your company ecosystem, it also offers an open API.

Features of Stripe -

  • Mobile Customer Interface
  • Roles and Permissions
  • Unified Payout
  • Custom UI Toolkit
  • Authorization
  • Dispute Handling
  • Financial Reporting
  • Accounting Integration
  • Multi-currency Payout
  • Multiple Payment Options

2Checkout -

2Checkout is another popular payment gateway that allows the merchant to accept payment from anywhere in the world. It includes a wide range of features and regional payment alternatives that simplify the payment process for customers and merchants.

The payment gateway that accepts numerous payment options and international transactions are headquartered in the US. More than 50,000 merchants use the 2Checkout payment gateway globally because it is safe and dependable. It accepts 87 different currencies, 8 payment methods, and 15 languages in international markets.

Features of 2Checkout -

  • PCI DSS level-1 Compliance
  • Various Payment Options
  • Recurring Billing
  • Account Updater
  • Customized Checkout Options
  • Create Customized Subscription Plans.

Amazon Pay -

Amazon pay is another popular payment gateway designed for amazon merchants and shoppers. It is one of the easiest, fastest, and most secure payment methods. Currently, its services are available in many countries. There are two main packages for Amazon payments: login, pay for consumers and pay with Amazon for businesses.

This payment gateway is intended to deliver a seamless buying experience for both online merchants and retailers. By saving payment information for quicker checkouts, Amazon Pay attracts customers and motivates them to purchase more. It also makes the shopping experience more efficient and increases customer engagement and loyalty.

Features of Amazon Pay -

  • Automatic Payments
  • Fraud Protections
  • Inline Checkout
  • Customer Identity

BlueSnap -

BlueSnap is the global payment gateway that allows the merchant to accept local and international payments. It is one of the highly secure payment gateways built with fraud prevention systems to minimize the risks.

BlueSnap has a deal with 30+ acquiring banks worldwide. It ensures customer trust, increases conversion rate, and improves revenues. Its services are available in 180 countries and support 110 payment options, 100 currencies, and 29 languages.

Features of BlueSnap -

  • Intelligent Payment Routing
  • Subscriptions
  • Multi-currency Reporting
  • Hosted Solutions
  • 3-D Secure and PSD2 Compliance
  • Invoice Payments
  • Payment API
  • Virtual Terminal
  • Payment Tokenization
  • Payment Optimization

Worldpay -

You may accept credit card payments from your app or website with the help of Worldpay, an all-in-one payment processor. It is among the most frequently utilized global payment gateways. It supports 40 different nations and 120 currencies, making it simple to receive payments from around the globe.

Features of Worldpay -

  • PCI DSS Compliance
  • Various Payment Options
  • Recurring Billing
  • Quick Access

AsiaPay -

AsiaPay is another popular payment gateway, but its services are available only in Asia. Its headquarters is available in Hong Kong. It offers local payment services and expert payment consultancy in 12 Asian nations, including China, India, Indonesia, Singapore, Taiwan, Thailand, and Vietnam. Cathay Pacific, Avis, Nike, Canon, and McDonald's are a few of its top clients. They support payments with credit and debit cards from Visa, MasterCard, American Express, JCB, China UnionPay, and others.

Features of AsiaPay -

  • PCI DSS Compliance
  • Various Payment Methods
  • Quick Access
  • Easy to Integrate

2C2P -

2C2P is one of Asia's most popular payment gateway. It supports multi-currency and also offers various payment methods. Its integration process is very simple and hassle-free.

Features of 2C2P -

  • Set Up Recurring Billing.
  • Supports Multiple Currencies.
  • Utilizing Business Intelligence to Comprehend Consumer Behaviour.
  • Customers may use Virtual Credit Cards to make Payments
  • Tokenization Technology
  • Offers Effective Fraud Protection

Conclusion -

If you plan to establish an online store anywhere in Asia, this blog will help you choose the best payment gateway for your business. Today, several payment gateway providers offer features like accepting global payments while supporting several currencies worldwide.

If you want to choose the best payment gateway for your business, you can choose any one which fits your business needs. You can also contact the expert team to learn about the best payment gateway for your online businesses.

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