Best Payment gateways for securing card information
Payment gateway is a application service provider that authorizes credit card and protect card details by encrypting sensitive information to ensure that they information is securely passed between the merchant and the customer and also between the merchant and the payment processor. Authorize.Net is widely used payment gateway with over 300,000 merchants. Set up fee of Authorize.Net is $99 and charges monthly fee of $20. Every transaction is charged for $0.10. PayPal is the payment gateway that is used by many people as it has exciting features. Payments can be made with credit card or existing PayPal account of a user. PayPal charges only transaction fees of 2.9% and $0.30 and no setup and monthly fees.
Google Checkout is a payment gateway of Google that allows users to pay for goods and services through Google account. Google is well known and used by many people for shopping nowadays. Google checkout charges are same as PayPal charges. Amazon Payments enable its users to receive money using its API and to send money out through ACH. Amazon Payments are same as PayPal and Google for over $10 and for payments under $10, it charges 5% and $0.05 per transaction.
Dwolla is similar to PayPal and is considered as a major competitor to PayPal. It has many exciting benefits like no transaction fees for less than $10, fund transfers through email, Facebook, LinkedIn, Twitter. However it charges $0.25 for transactions over $10. Stripe is a excellent payment gateway for web developers. Developers make use of stripe for payment system using API of stripe. Merchant account is not needed; one can build their own payment forms. Stripe transaction charges are 2.9% as fee for transaction and $0.30 per transaction.
Braintree is an online payment gateway service that simplifies the payments. Braintree has several features such as PayPal, One Touch, Apple Pay, v.zero. Braintree charges 2.9% and in addition to it $0.30 per transaction. The next payment gateway is Samurai. The main product of the company is FeeFighters. It is a tool for comparing the rates of merchant account and offers customers a better payment gateway. The charges for gateway are 2.3% and $0.30 for every transaction.
WePay is a payment processor that accepts credit cards and payment of bank account online. WePay focuses on each and every individual user. A transaction fee of 3.5% is charged for credit card transactions and $0.50 for bank payments. 2Checkout is another payment processor that combines merchant account and payment gateway together. This company has several features such as recurring bill payment, international payments and shopping cart stores. 2Checkout charges a monthly fee of $10.99 as service charge and $0.45 for transaction fee.