Online business requires more than just a store. Flexible payment options are important to customers. Otherwise, you will be just another domain with a catchy title but no sales. Stax was the best option for most web shops. This payment method is ideal for small businesses starting, but powerful enough to handle any needs that a medium-sized business might have.
The Best Ecommerce Payment Method
Stax
Best for the Most
Stax can be your trusted payment method provider, no matter how small or large your business may be. Accept all types of payments, including in-person swipes and mobile and text payments. Plans start at $99 and come with no transaction markup.
Tax makes it easy for small businesses to accept payments online. Why? Because your visitors will pay in whatever way they want.
Your business can accept online, mobile and in-person payments. This makes it easy for both local and international customers to purchase. Stax’s integrations are first-rate, with the ability to personalize your ecommerce website’s shopping cart for a better customer experience.
Here are the Best Ecommerce Payment Methods to Consider
- Stax Best for Most
- PayPal is Best for offering payment plans
- PayCafe- The best protection against fraud
- Helcim is the best payment method provider without monthly fees
- Stripe is the best for flexible, adaptable payment options
It’s smart to invest in an Ecommerce payment method
A digital payment service is the best option if you are looking for a secure and safe way to allow visitors to pay for your products or other services. It’s fast and secure, making it one of the most popular ways to pay today.
There are both paid and free options available, so you can choose the one that is best for you. PayPal and Stripe, for example, offer free services but may charge a higher processing fee.
You must make the best decision for your continued growth. It’s possible to start simple and then go up when there is enough money coming in to cover a monthly expense.
It is essential to find the best ecommerce payment method for your customers.
We’ve compiled a list of the top products that you can use. Let’s take a closer look at these products to help you be the best for your customers and business.
#1 – Stax – Best For Most
Stax
Best for the Most
Stax can be your trusted payment method provider, no matter how small or large your business may be. Accept all types of payments, including in-person swipes and mobile and text payments. Plans start at $99 and come with no transaction markup.
Stax makes it easy to get your money online. Everything you need to accept payment for your ecommerce shop is available without having to wonder if anything is missing.
They also offer unique features such as customizable invoicing. For an easy payment process, include links in your invoices.
Stax allows you to set up recurring and subscription payments so that you don’t have money chasers every month.
You can also spot trends with powerful reporting tools that allow you to identify weak points in your revenue. You can focus on your financial health and save time by not having to look through many platforms to see your data.
Pricing is also extremely simple because there aren’t any hidden fees or contracts. Stax is committed to transparency in pricing. You pay what you see.
There are three options. The Growth plan costs $99 and includes free surcharging, a mobile reader and terminal, quick payment processing and backup processing, as well as base dashboards and analytics.
You get all the benefits of the Growth plan plus additional features with higher-tier plans. The Pro plan ($159), for example, includes text-to-pay capability and enhanced dashboards.
You can have a customized plan tailored for your business if you are a large company that makes more than $5,000,000 in annual payments.
Stax is the best ecommerce platform for small and medium-sized businesses. It also offers a great option for larger companies. Stax offers transparent pricing and is committed to helping you make as much money as possible.
You get reporting and key features that are not available with other providers. Additionally, you can take payments in an adaptable manner. Start with Stax and you will never look back.
#2 – PayPal – The Best Payment Plan Provider
PayPal
Best Payment Plans
PayPal is the most well-known name in online payment processing. It’s also one of the most flexible. PayPal allows you to offer your customers Pay in 4 payment options, PayPal credit, one-click purchasing, and more.
PayPal has been the online payment method that everyone is familiar with. It is easy to use, and it can be trusted. You can also offer four payment plans through PayPal’s “Pay in 4” feature.
What does this all mean for customer satisfaction and growth?
Would you accept a quarter off the full price, and the remainder over three installments to gain a customer? You can win a customer, and potentially more business, by not losing the sale or causing an abandoned cart.
PayPal is the leader in one-click purchasing. Shoppers can make purchases from their bank account and confirm their authentication without ever having to take out a credit card.
This means you can sell more quickly.
PayPal provides a host of conveniences to customers that can help you increase your sales. PayPal Credit and QR codes are two options for PayPal users to pay with rewards. PayPal supports more than 100 currencies internationally.
It’s free and easy to accept payments for your business. You don’t need to pay anything upfront for PayPal integration on your online shop.
This is great for small businesses with low volumes who need an option that can grow with them in case sales rise.
PayPal is the best way to pay people you trust and it’s fast.
#3 – PayCafe – Best Protection against Fraud
PayCafe
Best Fraud Protection
Online payments are protected against fraud with PayCafe. PayCafe scans payments against a large library of threats to ensure that bad payments don’t affect your ecommerce viability.
PayCafe protects you against fraud and chargebacks which can cause problems when accepting online payments.
You don’t know the person buying from you, or if they have their credit card.
PayCafe developed a complicated algorithm to stop internet crooks. This algorithm checks each potential payment against thousands of data points to stop fraudulent payments from ever harming your business.
PayCafe offers an extensive range of payment options that make it easy to pay online. Your customers can pay with credit cards, checks, or cryptocurrency through your web store.
They make it easy to measure performance with integrated shopping carts, which track every purchase and abandonment. This data feeds into customized dashboards and purchase insights that can be accessed at any time. You’ll be alerted by this platform when something is urgent.
PayCafe’s Sales team can provide pricing information. Their website does not provide any information about general pricing.
PayCafe recognizes that fraud is a major problem when it comes to online shopping. Start with PayCafe to find a provider that offers protection for your customers and you.
#4 – Helcim – Best Payment Method Provider With No Monthly Fees
Helcim
Best for no monthly fees
You could obtain a payment provider without having to pay monthly fees or lock yourself into a contract. Helcim is a standout in this category as you only have to pay interchange fees. You’ll also pay fewer interchange fees the more you sell each month.
Do you ever feel that every business is trying to sell you something? Why can’t you get the product you want at a fair price?
Helcim is for you.
This is why your ecommerce store can accept payments online and flourish without worrying about monthly fees, user fees, or contracts.
There are no plans that you have to choose from to get the features you want. All features are included in the plan. The plan is completely free. Interchange is all you have to pay.
The more you process, the more money you will save. Online payments start at 0.5% + 25c for transactions less than $25,000 per calendar month. If you can make ten times the monthly income, for example, then you will only be charged 0.35% + 15 cents.
Helcim offers debit and credit card integration as well as support for subscriptions for repeat billing.
If you run a food service, you can accept donations and registers. You can also allow online food ordering.
If you aren’t sure which platform to use, You can create an online store with Helcim’s platform. It is a great site builder and requires no coding or expensive programming. Plus, that’s free, too.
Helcim makes it easy to make in-person or mobile payments if you want to expand your ecommerce business offline. With more monthly revenue, the exchange rates are lower than online payments.
Helcim offers the best contract-free way to accept payments via the internet.
#5 – Stripe – Best for Flexible, Customizable Payment Methods
Stripe
Ideal for customizing your needs
Stripe allows you to tailor their payment processing to your business. You can easily access the Stripe API to build or have built a website.
Stripe offers a developer-friendly payment option provider. This means you can customize your payment processing for an online marketplace, startup, or international corporation.
The partnership app that Stripe offers takes the complexity out of customization. You don’t need a developer to use the partner app. It allows you to set up your account with minimal coding.
The Stripe API can be used to set up your account in minutes and not weeks. This is critical for larger operations that require more than simple payment processing.
You can customize your recurring payment plans and even your checkout process. The Stripe UI toolkit makes it easy to enhance your checkout cart.
Stripe accepts Visa, Mastercard, and Visa credit cards. Stripe also accepts UnionPay (China) and JCB (Japan). Customers can pay with Masterpass or Apple Pay, Google Pay, and Visa Checkout.
See how stripe allows you to quickly become an international juggernaut.
Stripe is complex. There is a lot to understand and hundreds of applications. This platform is not the right choice for those who want to quickly get started.
Once you get the hang of it, your online store will convert like a machine leaving behind competitors who have less powerful platforms.
Stripe offers excellent customer support. Because they’ve been in business for a while, they know what to do and how to fix any issue you may face.
Contact representatives via email, phone, or live chat 24/7
Stripe is the clear winner if you’re looking to accept ecommerce payments on a platform you can customize to your needs.
Methodology to Choose the Best Ecommerce Payment Method
We set out to create an online resource to answer all your questions about the best payment options for ecommerce. It was simple and easy to use, but also gave us steps to help you choose the right one.
Although our method is straightforward, it’s the best way to decide how to survive in the online business world.
Are There Things That are Easy to Understand?
It is important to be clear about what you receive, how much you pay, and where you can find assistance when you need it. These providers were chosen from the many options online.
Ask yourself hard questions about your business when you’re looking at options.
Move on if the provider is unable to answer your questions in a manner you can understand.
We don’t want to make you click and buy. Our goal is to help you overcome any obstacles that may stand in your way.
Our only concern is to understand how you accept payments and which features will deliver the best results. This list contains many options that will help you do just that.
How do Transaction Fees and Pricing Work?
If you don’t know how credit card transaction fees work, they can quickly get out of control. While some providers offer transaction pricing models, others require a monthly payment upfront. Then there are the fees.
You may have to make a certain amount of money each month or annually, depending on the plan. Before you make a decision, it is important to examine all details.
One provider on the list is transparent and lowers transaction costs based on volume.
Another charge a full percentage per month of the total amount you take in.
Taxes and math aren’t the most interesting topics, depending on who you ask. But it’s all part of making money online so you have to get your head around it.
This is best done by sipping a cup of your favorite beverage and then sitting down to read the terms.
You can chat, call, or email the sales team if you are unsure. But don’t get into an agreement–regardless of whether it’s free with no contract–until you know what you will be responsible for.
Pricing can affect the price you charge for a product or service, so be patient.
Are Scalability and Other Features on Your Radar?
You may not be thinking about growth if you are just starting your career.
Is this a mistake? It depends.
This is not a side hustle. If you are just trying to make extra money, it may be okay. If this is your livelihood, then you should see the potential benefits if you can bring in a lot of money and if the provider can take care of the next stage.
Is it possible to switch to a different provider later? It could be depending on the type of contract you have with your current provider and if there is a learning curve for the platform you want to use.
You should ask yourself if you are looking to grow if you choose a provider who can help you grow. If you are already established and want to grow your business to a larger scale, you will know where to begin.
Scalability is an important consideration regardless of where you are starting.
Stax
Best for the Most
Stax can be your trusted payment method provider, no matter how small or large your business may be. Accept all types of payments, including in-person swipes and mobile and text payments. Plans start at $99 and come with no transaction markup.
Summary
You now have the information you need to know the best payment options for ecommerce.
Stax seems to be the best choice for most businesses. It is scalable, cost-effective, and convenient for many of you.
There are many payment methods available. This guide can be saved to your bookmarks, used later, or shared with others so that you can make the right decision for your ecommerce business.
