The Top Payment Gateway Providers

Many people may not fully understand the value of payment processing companies and payment gateways, but it’s a vast industry for those that are just starting to look for a payment partner. Payment gateways are used not only to transfer money from one party to another but aim to do so in a safe and secure environment that’s simple for both the client and customer to use. Also, depending on where you’re located, payment processing providers must adhere to financial laws and governance, which adds a layer of protection to your business. This is useful for protecting both you and your customers against fraudulent activity.

With this in mind, we’ve listed the best payment processing providers and gateways in 2019. We’ve looked at the pros and cons of each provider, and have detailed the type of customer that each service is providing to give a thorough review. This way, you can best make your decision.

Stripe

At the top of our list for many reasons is Stripe, which was created by those with a significant amount of experience in the sector to develop the best possible product. Stripe has long-standing relationships with banks, all major card networks, as well as with Internet browsers, and more, to maximize the effectiveness of the product. Also, Stripe has taken a very open-source, sandbox approach to the development of the product. They allow developers to access the code and change it to suit their individual needs, making it one of the most flexible services on the market.

PayPal and PayPal Payments Pro

PayPal was one of the very first payment processing companies to become hugely successful and did so by primarily targeting the e-commerce sector. PayPal has existed for over ten years as the payment gateway of choice for many small online retailers and independent eBay sellers. Don’t let this fool you, though. PayPal Payments Pro plan is fully developed for large-scale industries and allows for full-service payment solutions, including payments via credit cards, bank transfer, and PayPal transactions.

Powercash21

Powercash21 can handle both payment solutions for individuals and businesses, and the merchant services for large companies. These services combined result in a full-service payment solution for those that need it. For small businesses wanting to use prepaid cards to take their clients out, Powercash has a great option that gives you flexibility and control over your spending. Powercash also offers a secure payment gateway, which allows you to take money online safely and securely. For merchants, the payment gateway is also available, including checkout pages, options for risk management, reporting, payment automation, and data security.

Several other notable runners up include Amazon Payments, Adyen, and Skrill, which all offer additional payment offerings that should be considered. Regardless of which service you choose, make sure it’s the right choice for you and your company needs, and always take note of additional fees.