Payment Systems Review: 9 Excellent Online Payment Systems

Payment systems are an important component in the bid to transform the world into a proper global village. Online payment systems are electronic money transfer systems enables easy transfer of money over the internet.

Payment Systems Review 9 Excellent Online Payment Systems

Over the years, payment systems have emerged as a business venture due to rising need by eCommerce sites. As such we present this article on payment platform to help you choose.

List of 9 Excellent Online Payment Systems

Listed below are quick reviews of payment systems you can use for your online business. Feel free to add yours in the comment section of this article.

9Authorize.Net

Authorize.Net has a user base of over 300,000 Authorize.Net, is one popular online payment gateways. Also official payment gateway e-commerce platforms such as Magento, Volusion, and X-cart.

Pricing: Authorize.Net has a $99 setup fee, costs $20 per month and takes a $0.10 per-transaction fee. Source: Authorize.Net pricing

8 PayPal

It is widely referred to as the world’s most popular payment system, making $4 billion-plus in payments in 2011. Payments are done through a user account or with a credit card. In addition, PayPal also allows its users to send money through the service, which is a feature that only a few payment solutions provider.

Pricing: PayPal charges 2.9% + $0.30 per transaction with zero setup or monthly fees.

6Amazon Payments

Amazon grants its e-commerce users to make payments using its system

Pricing:  Transaction charges 2.9% + $0.30 for payments over $10 and payments under $10 is billed at 5.0% + $0.05 per transaction.

5Dwolla

Although new it process over one million dollars daily. Dwolla is very similar to PayPal hence, it is regarded as a direct competitor with PayPal.

Pricing: No charges for transactions less than $10. For transactions over $10, Dwolla charges $0.25 per transaction.

4Stripe

Still gaining grounds amongst web developers. Stripes have an easy sign-up process.

Pricing: Stripe attracts a transaction charger of 2.9% + $0.30 with no setup or monthly fees.

3Braintree

It is an online gateway and merchant solution. Braintree is renown for its works with tech startups such as Airbnb and LivingSocial.

Pricing: Transaction fees are 2.9% + $0.30 per transaction for qualified cards.

2 WePay

It is a processor that allows Internet merchants to accept credit cards and bank account payments online. WePay seems focused on the individuals and also have an e-commerce store where customers conveniently accept payments.

Pricing: WePay demands a 3.5% transaction charge (with a $0.50 minimum) for credit card and $0.50 for bank payments, zero setup or monthly costs.

12Checkout

2Checkout is another payment processor that operates both as a merchant and payment gateway in one. It allows customers to receive credit card payments as well as PayPal payments.

Pricing: if you apply by May 1, 2012, the charges for using the service is 3.99%, a $0.45 transaction fee with $10.99 monthly.

Other  Payment Systems

Other payment system includes

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Conclusion

There are plenty of online payment systems out there that you can use to conduct e-commerce business.

Building integrity with utmost dedication to render the best to my clients and Friends. As a professional Web Developer & Writer/Blogger, I put my very best in quality solutions with resources and expertise of an agency. Too serious right? Am also fun to be with ;-) :-). Henry I.! That's my Name.

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