WooCommerce payment gateways are necessary sure shots for your online store. One of those primary factors you consider when you are finalizing your eCommerce store. That is to say, the payment procedure is a very crucial step in final conversion.
In fact, it is one of the pillars that support your WooCommerce store. Time is precious for everyone. But, at the same time, you cannot afford to lose an important purchase. Consequently, you need to make sure that customers do not abandon their carts.
With all the other magnificent features, WooCommerce also gives you a few built-in payment gateway options to offer great checkout alternatives to your customers. So, using the best WooCommerce payment gateways that are as flat as a pancake is the need of the hour.
WooCommerce Payment Gateways
Let me first walk you through a few frequently asked concepts regarding WooCommerce payment gateways.
What Are WooCommerce Payment Gateways?
A payment gateway is a consumer-facing interface for collecting payments. Furthermore, WooCommerce offers this compatibility feature to integrate significant payment gateways. And, of course, it is a third-party tool. Likewise, WooCommerce payment gateways provide you online portals for credential credit card information.
Moreover, almost every WooCommerce store uses WooCommerce payment gateways for processing their payments and transferring the money. That is to say, the sustainability and success of your online store also depend on WooCommerce payment gateways. They establish and authorize a link between the processing network and the customer’s shopping cart.
The WooCommerce payment gateways are the real transformers of your pretty WordPress website into a trading machine and an online business beast, approving revenue and collecting it without any issues. In a nutshell, the process and strong mediator that takes money from the customers after purchase and hits it to you.
Directly Check The Best WooCommerce Payment Gateways
How Does a Payment Gateway Work?
Well, if you’re on the purchasing end, all you would know is you add the product to your cart and proceed to the payment process. Meanwhile, you put in the credit card details and, within a few seconds, you’ve ordered yourself clothes, food, or a beautiful showpiece in your drawing room.
But, technically, you would understand it through these steps:
- Firstly, the buyer enters credit card information and, the order is processed
- Secondly, WooCommerce store redirects payment information to WooCommerce Payment Gateways
- Thirdly, payment gateway sends for banks approval through the credit card company
- Fourthly, there is authorization of payment after banks approval and verification of credit availability in user’s account
- Finally, WooCommerce payment gateway submits funds to the seller
Why Do You Need WooCommerce Payment Gateways?
To clarify, WooCommerce payment gateways authorize the purchase made by customers. So, unless you have a WooCommerce payment gateway, any transaction between you and your customers becomes impossible. And this is why you need WooCommerce payment gateways.
Certainly, WooCommerce Payment gateways are a requisite for processing all credit cards online. Above all, there is no other way of accepting money through the internet without WooCommerce payment gateways. In fact, you can use more than one WooCommerce payment gateway.
Now, in the attempt to extend your understanding, here are a few other things that WooCommerce modern payment gateways do:
- Payment Card Industry Data Security Standard (for a secure credit card details accepting environment)
- Risk and fraud management
- White label (Refers to completely supported service or product made by one organization but sold by another company)
- API tools for simple integration
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Why Should You Use Multiple WooCommerce Payment Gateways?
WooCommerce payment gateways help you collect your online revenue. But, using an extra option of the best WooCommerce payment gateways is recommended. Why? Because:
- Firstly, not everyone will use the same single WooCommerce payment gateway. You are providing payment gateway options to your shopper.
- Secondly, you might lose out on your next big or small sale if the user is unable to operate your single payment gateway.
- And finally, if your single payment gateway breaks-down or is not functioning correctly, the other WooCommerce payment gateways can come to your rescue.
According to the Baymard Institute, around 6% of carts are abandoned because there were not enough payment gateways. That’s pretty less right? But, less is more! Remember? This doesn’t make it an ignorable fact. Any percentage or number of carts abandoned, be it due to any reason brings down your WooCommerce store. I’m sure no one wants to take such chances. I mean, I wouldn’t.
How To Add WooCommerce Payment Gateways To Your Online Store?
Well, adding WooCommerce payment gateways is pretty much similar to adding a plugin to your online store.
- Firstly, download your preferred WooCommerce payment gateway
- Secondly, from your online store’s backend, go to Plugin > Add New > Upload > Choose file
- Thirdly, press Install Now > Activate
- Fourthly, configure WooCommerce payment gateways setting according to your website’s needs
How To Choose The Best WooCommerce Payment Gateway?
There are plenty of fishes in the sea. But you might run out of WooCommerce payment gateways. Yes! In other words, you will hardly find a single WooCommerce payment gateway that will cover all your needs. But this is why I am here.
I will show you the best WooCommerce payment gateways. But first, let’s just know what points to keep in mind before considering any of the WooCommerce payment gateways.
1. Availability In Your Target Region
Your target region should be a priority if you want to make sure that your WooCommerce payment gateways are successful. For instance, if your products or services are popular in the United States, you should prefer the payment gateway that is widely used there. Further, you could even go for a few local payment gateways so that no one is left out from using your services.
When you install WooCommerce payment gateways, you can check the supported countries in its documentation. Not just that. Make sure the same payment gateway is available in your country as well. Apart from that, always consider using a universal payment gateway because that will solve the maximum things for you.
2. Transaction Fees
All WooCommerce payment gateways charge fees for each transaction taking place at your store. This happens in regards to the type of your business, the WooCommerce payment gateways you use, your region, and your customer’s card type, etc.
However, you can add that fee to your customer’s total by increasing the cost of the products. But then again they might find the same product at a lower cost on another online store and buy it from there.
So, you can compare the transaction fees of WooCommerce payment gateways and use the one that best fits your budget. Subsequently, see how I have compared a few for you based on different grounds:
3. Recurring Payments
In case your business is selling subscription-based services or products, you might want to consider recurring WooCommerce payment gateways. Say, for example, if you’re offering an online course(maybe baking, studies, dance, art, makeup, etc.) or membership plans(just like Netflix or Amazon Prime), you will need one.
However, some WooCommerce payment gateways make customers complete the payment process manually each time they want to renew their membership. But then, some WooCommerce payment gateways support the recurring payment options. In recurring WooCommerce payment gateways, they deduct the amount due each month from the customer’s account by default.
Therefore, you can check for automatic payment renewal options before deciding on your WooCommerce payment gateways.
4. Other Additional Charges
There may be WooCommerce payment gateways that levy some additional taxes on you. Above all, it could be:
- Setting Up Expense
- Bank Withdrawal Charges
- Account Maintenance Fee
- Additional Features Tariff
- Software Expense
- Chargebacks (when a customer files a reverse transaction to the credit card company)
Moreover, anyone just starting out their online business would want to begin on a limited minimum account.
5. Multi-Currency Processing
Multi-currency WooCommerce payment gateways processors are a great way to make customers feel comfortable. In other words, they would easily feel safer when they buy in their local currency from you. Moreover, since an online store gives you the liberty to collect payments worldwide, therefore, a multi-currency processing WooCommerce payment gateway helps build trust.
That is to say, customers would know the exact math, and will continue the payment without wasting time in calculating extra taxes. Subsequently, this would finally lower your cart abandonment rate.
6. Integrated And Hosted Payment Gateways
A hosted payment gateway, for example, PayPal will take the user to their processing platform for completing the transaction. As a result, such a platform will be responsible for data security and PCI compliance. However, the only drawback of hosted payment gateways is that customers leaving your site may not trust the payment gateway website.
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Therefore, you may lose your customers. But if you use trustworthy WooCommerce payment gateways, then it won’t be that big an issue.
On the other hand, integrated payment gateways enable you to connect your WooCommerce store through the provided API of the gateway. The customers are not redirected to another site for processing. Meanwhile, you might not lose conversions but, then all the security issues and PCI compliance will fall on the shoulders of your WooCommerce store.
In short, this may sound like a better option, but if you do that, you will have to customize its features and work on your programming as well.
Well, now that we are prepared with the factors to consider WooCommerce payment gateways, let us gouge out the collection I have prepared for you all.
Best WooCommerce Payment Gateways
For starters, let’s talk about the free WooCommerce payment gateways available for your use. After that we may carry on with the premium WooCommerce payment methods. Jump to the ones you wanna know about:
PayPal Standard
PayPal is one of the most popular and most preferred global WooCommerce payment gateways. With availability in around 200 countries and regions, PayPal supports around 25 currencies. So, there is no possible reason why you should not consider this one. In fact, WooCommerce comes with built-in support for PayPal.
You can accept both credit and debit cards, and it takes care of security and authorization. People automatically feel safe and recognize PayPal instantly among all other WooCommerce payment gateways. No wonder it has more than 350 million active registered accounts because it is the most trusted brand.
However, it does not support recurring payments and has a few other limitations depending on different countries. It is free to install, and all you need to have a business account, and you are ready to go.
Stripe
The Stripe payment gateway is only second in line after PayPal. But, unlike PayPal, it is not a hosted payment gateway. You can simply accept online payments using Stripe.
In addition to that, it is supports working with WooCommerce. Moreover, there are even no charges for the recurring billing feature. Above all, the money comes to your account within two days.
You can easily integrate it with the WooCommerce subscription extension for subscription-based products. And that’s great!. The base price of Stripe Payment gateway is fixed at 2.9% per transaction plus $0.30. You can download the official extension for free and work accordingly.
Amazon Pay
If you love online shopping, there is a little possibility that you haven’t done shopping from the biggest eCommerce platform, Amazon. So, at least none of us are unaware of the quality of its services. In the same way, you can make use of Amazon Pay as one of your WooCommerce Payment gateways that works just as efficiently as its eCommerce website.
It makes use of the already stored information in the user’s Amazon account for payment of products and services. You have to pay nothing, and the best part is, people, trust you. It has the functionality of multi-currency and includes mobile-optimized widgets for smartphones and mobiles.
It charges 2.9% for every transaction and an additional $0.30. Therefore, just install the amazing official WooCommerce Amazon Pay extension, and you are ready to go.
Square
You might know Square through their hardware payment solutions for mobiles. But, they provide a clean payment gateway for WooCommerce as well. It accepts Google Pay, Apple Pay, and other credit cards. The centerpiece feature is the fact that it enables a smooth mobile payment solution for customers.
It is a well-known fact how fast mobile savviness is evolving. So, having a payment gateway that offers this very successful feature is something that will contribute to keeping you ahead of your opponents. It is available in Canada, U.K, U.S, Australia, and Japan.
The base processing fee of Square payment gateway is again 2.9% each transaction and an extra $0.30. It can be used for recurring payments when used along with WooCommerce subscriptions.
Braintree
Braintree is a completely safe WooCommerce payment gateway with a global scale available in more than 40 major countries. It is free to install and processes all major credit cards. Moreover, it is an official partner of PayPal.
So, if you are looking for a free option to offer a subscription with the idea of using PayPal, this is your solution. It is a free installation along with 2.9% and $0.30 per transaction. And the first $50,000 transaction has no charges!
So, install the free Braintree extension for WooCommerce and provide a seamless checkout experience that supports WooCommerce Subscriptions and WooCommerce Pre-Orders.
Bolt
Bolt claims to provide the fastest checkout experience with only a few fields and minimum user input at the checkout page. Its integrated technology sets it apart from others. It bumps off your signing up for other payment gateways and shopping carts.
It can be easily integrated with WooCommerce. In fact, the Bolt payment gateway for WooCommerce handles all other processes related to checkouts single-handedly.
WooCommerce One-Click Checkout
When we talk about checkouts in a single click, we might as well talk about WooCommerce one click-checkout plugin. This one helps customers to be directly connected to the checkout page and not to the cart with customizable settings. It will store the predefined information of your user. Thus, reducing your cart abandonment rate.
Apple Pay
Apple Pay helps you perform cashless payments on the web, via apps, and in person. While using this, you do not require any external app. Instead, you can use cards that you have associated with your Apple wallet.
Merchants can accept payments quicker than any debit or credit card. And then, it is more secure from your end as you will not receive any credit card or CVV number. However, Apple Pay for WooCommerce is presently implemented via Stripe.
PayPal Pro
PayPal Pro has API-based solutions for merchants and developers to accept payments on their WooCommerce stores. It is a premium plugin allowing you to accept payments through PayPal on your website directly.
It keeps your customers at your website even after checkout, using direct methods. But, it does not support subscription products or recurring payments. You will have to integrate WooCommerce Subscriptions or other PayPal extensions available.
The PayPal Pro WooCommerce extension will cost you $79 annually. PayPal’s transaction fee is 2.9% plus $0.30 per transaction. It is available for PayPal Pro merchant account holders in the UK, US, and Canada. Whereas for Australia-based businesses, you can use it via a PayPal Pro PayFlow account.
Authorize.net
Authorize.net is accepted as an excellent alternative to PayPal Pro with extended business-friendliness. It has abundant features. For example, fraud prevention, increased sales, affordable eCheck processing, card tokenization, mobile-friendly, automatic refunds, etc.
Its integration with WooCommerce is simple and works perfectly with WooCommerce subscriptions and WooCommerce pre-orders, and Accept.js. It costs you a monthly charge of $25 along with the usual 2.9% and $0.30. Also, not to forget, the setup fees i.e. $49.
If your sales drive high revenue, you shall be able to use Authorize.net as a payment gateway effectively for your WooCommerce store.
WooCommerce Payments
The only payment gateway designed exclusively for your WooCommerce store is WooCommerce Payment. You can comfortably simplify payment management from your own WooCommerce store. It accepts all main debit and credit cards and has support centers all around the world.
But, for now, it is only available for U.S based sellers and using USD. Its transaction fee is 2.9% and $0.30 per purchase. WooCommerce Payments collects no setup fees, monthly charges, or installation taxes.
Miscellaneous Payment Gateways
Above all the other payment gateways, here are a few others you can get an extent learning:
- PayFast Payment Gateway
- Mollie Payment for WooCommerce
- Crytptoniq( for accepting payments in Bitcoins, Ethereum, Tron, Dogecoin)
- Skrill
- 2Checkout
Highest Rated Payment Gateways
We are done with the general overview of the pricing and features of various WooCommerce payment gateways. So, let us have a look at the chronology of a few highest-rated payment gateways according to G2.com:
| Payment Gateway | G2 Satisfaction Score |
| PayPal | 97 |
| Apple Pay | 87 |
| Bolt | 83 |
| Paymotion | 83 |
| Thryv | 82 |
Easiest To Use Payment Gateway
Payment gateways can also be ranked based on their ease of use. According to G2.com, the easiest to use payment gateways are:
| Payment Gateway | Usability Score |
| PayPal | 8.9 |
| PayMotion | 8.8 |
| Bolt | 8.7 |
| Stripe | 8.6 |
| PayWorks | 8.5 |
Top Payment Gateways Country Wise
You can check out the popular local payment gateways in a few countries.
| Country Name | Local Payment Gateways |
| India | Razor pay, Instamojo, EBS Payment Gateway |
| USA | Authorize.net, 2Checkout, Amazon Payments |
| Australia | Braintree, eWay, 2Checkout |
| France | Ogone, WireCard, Braintree |
| Italy | Adyen, Authorize.net, Blue Snap |
| Germany | 2Checkout, Adyen, Authorize.net |
| UK | Sagepay, Stripe, HSBC |
| Canada | Stripe, Moneris Solution, Chase Paymentech |
Our Best WooCommerce Payment Gateways
All the above-mentioned payment gateways are the best choices you can make for your WooCommerce store. Furthermore, we are well aware of the concept of practicing before you preach. So, we want to show you which payment gateway we trust.
Can’t Integrate WooCommerce Payment Gateway?
We can help you integrate WooCommerce payments so that you can come up with an exceptional custom payment gateway solution. You can select the WooCommerce payment integration extension for your WooCommerce store and check out our WooCommerce Payment Integration Services as well.
You Go Next
Now it is your turn to make your WooCommerce store a perfect working mechanism. It can sometimes be complicated to tackle WooCommerce payment gateways, so don’t loose hope reach out to us without any hesitation.
If you have any further queries, issues, suggestions, you are all invited in the comment section below. After all, we are working for better ideas and perfection in achieving our goals.