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You have finally decided to create your online store on WooCommerce?
If so, then you have just passed one of the decision-making stages for your business. You will also be faced with the difficulty of choosing your payment gateway. It is not always easy to choose among the best payment gateways for WooCommerce. especially if you are just starting out in the online sales business.
There are many different payment methods in e-commerce, and it can be quite complicated to find your way around them all.
Find out, in this article, the best payment gateways for WooCommerce.
Let's start with the basics.
Simply put, a payment gateway is a set of technology that allows a person to purchase items from a merchant's store and pay with their credit card or other online payment method .
In other words, the payment gateway is the system that allows a merchant to receive payment from a buyer. Payment gateways are used in both online and traditional stores.
Before we get into the best payment gateways for WooCommerce, let's first learn about the types of payment gateways.
In the sales process, the more you simplify the steps for your prospect, the more likely you are to convert them.
There are two categories of payment gateways:
Self-hosted payment gateways are directly integrated on your store. This means that when a buyer wants to make a payment, they are not redirected to another page that is outside of your website, whereas hosted payment gateways are directly attached to the vendor's site.
Indeed, every time a buyer wants to proceed to a payment, he will be redirected to an external page where he will enter his credit card information . This can be a bad experience for the user.
The other difference with these payment categories is that additional fees may apply depending on the provider for self-hosted gateways.
The number of payment methods to install on your WooCommerce store depends on your audience.
In reality, each of the best payment gateways for WooCommerce has a specific geographic coverage area.
Indeed, if you want to sell or target only one country, there is no point in installing a payment processor that does not work in that country, even if it is among the best payment gateways for WooCommerce.
You must therefore first identify the payment processors that are used by your customers.
Furthermore, it is recommended to install at least 2 payment gateways on your online store. These two payment systems should be among your target's preferred payment processors.
At the same time, installing too many payment solutions can also put the prospect in a bind. This can delay his buying decision and lead to abandoned carts.
Now let's find out the best payment gateways for WooCommerce that you should install on your store.
If your store is on Shopify instead, you can also check our list of Best payment processors for Shopify
There are several payment processors that are compatible with WooCommerce. Although all of these payment methods have the same working principle, they differ in their features, geographical coverage and price.
Here is our list of the best payment gateways for WooCommerce:
PayPal is one of the oldest payment gateways on the Internet. With more than twenty years of experience, PayPal has had time to establish itself on all social strata and in several countries.
This payment method is available in over 200 countries worldwide and accepts payments in over 20 currencies .
For purchases on the Internet, buyers most often use PayPal or a credit card directly. By installing PayPal on your store, you are sure to receive payments from your customers safely.
It is also very easy to use, which significantly improves the conversion rate compared to other payment gateways for WooCommerce. All the buyer has to do is click on the "Buy" button and enter their PayPal account login information.
As a seller, PayPal provides you with a dashboard to track your finances. You can export all this data in PDF, CSV, TAB or QuickBooks format to keep track of your finances.
PayPal's transaction fees range from 1.20% to 3.40% with a flat fee of $0.30 .
Feel free to check out this article to learn how to integrate PayPal on WooCommerce.
You have finally decided to create your online store on WooCommerce?
If so, then you have just passed one of the decision-making stages for your business. You will also be faced with the difficulty of choosing your payment gateway. It is not always easy to choose among the best payment gateways for WooCommerce. especially if you are just starting out in the online sales business.
There are many different payment methods in e-commerce, and it can be quite complicated to find your way around them all.
Find out, in this article, the best payment gateways for WooCommerce.
Let's start with the basics.
Simply put, a payment gateway is a set of technology that allows a person to purchase items from a merchant's store and pay with their credit card or other online payment method .
In other words, the payment gateway is the system that allows a merchant to receive payment from a buyer. Payment gateways are used in both online and traditional stores.
Before we get into the best payment gateways for WooCommerce, let's first learn about the types of payment gateways.
In the sales process, the more you simplify the steps for your prospect, the more likely you are to convert them.
There are two categories of payment gateways:
Self-hosted payment gateways are directly integrated on your store. This means that when a buyer wants to make a payment, they are not redirected to another page that is outside of your website, whereas hosted payment gateways are directly attached to the vendor's site.
Indeed, every time a buyer wants to proceed to a payment, he will be redirected to an external page where he will enter his credit card information . This can be a bad experience for the user.
The other difference with these payment categories is that additional fees may apply depending on the provider for self-hosted gateways.
The number of payment methods to install on your WooCommerce store depends on your audience.
In reality, each of the best payment gateways for WooCommerce has a specific geographic coverage area.
Indeed, if you want to sell or target only one country, there is no point in installing a payment processor that does not work in that country, even if it is among the best payment gateways for WooCommerce.
You must therefore first identify the payment processors that are used by your customers.
Furthermore, it is recommended to install at least 2 payment gateways on your online store. These two payment systems should be among your target's preferred payment processors.
At the same time, installing too many payment solutions can also put the prospect in a bind. This can delay his buying decision and lead to abandoned carts.
Now let's find out the best payment gateways for WooCommerce that you should install on your store.
If your store is on Shopify instead, you can also check our list of Best payment processors for Shopify
There are several payment processors that are compatible with WooCommerce. Although all of these payment methods have the same working principle, they differ in their features, geographical coverage and price.
Here is our list of the best payment gateways for WooCommerce:
PayPal is one of the oldest payment gateways on the Internet. With more than twenty years of experience, PayPal has had time to establish itself on all social strata and in several countries.
This payment method is available in over 200 countries worldwide and accepts payments in over 20 currencies .
For purchases on the Internet, buyers most often use PayPal or a credit card directly. By installing PayPal on your store, you are sure to receive payments from your customers safely.
It is also very easy to use, which significantly improves the conversion rate compared to other payment gateways for WooCommerce. All the buyer has to do is click on the "Buy" button and enter their PayPal account login information.
As a seller, PayPal provides you with a dashboard to track your finances. You can export all this data in PDF, CSV, TAB or QuickBooks format to keep track of your finances.
PayPal's transaction fees range from 1.20% to 3.40% with a flat fee of $0.30 .
Feel free to check out this article to learn how to integrate PayPal on WooCommerce.
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