As more people shop online, it’s become critical for companies to adopt online payment services. With so many options available, it’s a challenge to find the best online payment system for your business. Until now, however.

Browse the seven best online payment services now to discover the right system for your company!

1.     Stripe

Every year, Stripe processes billions of dollars of transactions for its clients. That’s made the online payment service provider one of the most trusted businesses in the industry, which is why it makes our list of the best online payment solutions.

A screenshot of stripe, an online payment solution

If your company operates a brick-and-mortar location, you can even add Stripe Terminal to your store. With Stripe Terminal, your team can customize your checkout process and point-of-sale system to provide shoppers with an even better experience.

The customization of Stripe also applies to its online payment processing system. You can use the company’s developer platform to create a truly personalized experience for your business’ shoppers. It’s an unparalleled online payment solution, hence the popularity of Stripe.

Price: 2.9 percent, plus 30 cents per successful card charge

2.     Authorize.Net

As one of the most experienced payment providers, Authorize.net earns a significant amount of respect in the industry. It also offers all-in-one payment solutions, from ecommerce to mobile. You can even process payments over the phone with Authorize.net.

The company also partners with dozens of businesses to deliver its online payment solutions. A few examples include Magento, WooCommerce, and Shopify. You can also find certified developers through Authorize.net.

A screenshot of authorize.net, an online payment solution

Like Stripe, Authorize.net also features a developer center to help your team customize and implement your online payment solution. A 24/7 support center is also available. You can also use the company’s online chat to troubleshoot issues.

Price: $25, plus 2.9% and 30 cents for every transaction or 20 cents, depending on the plan

3.     Amazon Pay

With the widespread use of Amazon by shoppers, Amazon Pay offers an innovative online payment solution. When you invest in Amazon Pay, you make it possible for users to pay your business through their Amazon account, which offers a familiar and trust-filled experience.

For many companies, Amazon Pay decreases cart abandonment rates. It also improves their reach, helping them connect and build relationships with shoppers that may have otherwise abandoned their carts.

A screenshot of amazon pay, an online payment solution

While you can integrate Amazon Pay with Magento, Shopify, BigCommerce, and other popular ecommerce platforms, you can also use Amazon Alexa to your advantage. Create a custom Alexa skill, and you can make it even easier for shoppers to order from your company.

Price: 2.9%, plus 30 cents for U.S. transactions (3.9%, plus 30 cents for cross-border payments)

4.     Apple Pay

Apple Pay allows your business to provide an easy-to-pay method for Apple users. Whether shopping online or in-person, Apple Pay offers a convenient payment solution. All you need is the help of your development team to add Apple Pay to your site.

If you’re looking to use Apple Pay in-store, you’ll need a contactless payment-capable terminal.

For many companies, Apple Pay provides a cost-effective way to accept and manage payments. It’s free, unlike other online payment solutions. Plus, many consumers use Apple Pay, which makes spur-of-the-moment purchases easier.

A screenshot of apple pay, an online payment solution

Apple Pay is also secure. Most transactions that happen through Apple Pay appear as credit, debit, or prepaid sales, which means the same liability rules for these payment methods also apply to Apple Pay.

With a large audience, as well as a $0 price tag, it makes sense to adopt Apple Pay.

Price: $0

5.     Google Pay

Google Pay offers another online payment solution for online and offline businesses. While similar to Apple Pay, Google Pay allows your company to accept contactless payments from Android users. If you accept Google Pay and Apple Pay, you make it easy for anyone to shop with you.

Like Apple Pay, you will need the help of your developers to add Google Pay to your website. If you want to offer Google Pay as a payment option in your brick-and-mortar store, you will need a contactless payment terminal.

A screenshot of google pay, an online payment solution

A competitive advantage that comes with Google Pay is the number of users. According to Google, it has billions of users, which can translate to instant access to a broad international audience. Apple users can even download and access the Google Pay app on their iOS device.

As a free online payment solution, it makes sense to take advantage of Google Pay.

Price: $0

6.     Dwolla

Dwolla offers a scalable online payment processing service. With Dwolla, you can accelerate transfers, as well as automate returns and mass payments. Plus, you can ensure the reliability of Dwolla, as the company boasts a reliable 99.9 percent uptime.

If you use Dwolla as your online payment solution, you also get access to a user-friendly dashboard. Within this dashboard, you can see the transfer of money to-and-from your business. It’s easy for your team to add users to your dashboard too, allowing for quick information sharing.

A screenshot of dwolla, an online payment solution

Like many other online payment service providers, Dwolla features a list of trusted partners for integration. A few examples include Sift Science, which helps with fraud, and Plaid, which provides instant authentication.

Companies curious about the potential of Dwolla can take advantage of the payment processor’s sandbox. Via the sandbox, your development team can start building and experimenting with Dwolla’s API.

If you want to use the sandbox, however, your team will need to create an account.

Price: 0.5% per transaction, with custom pricing for larger businesses

7.     Square

Square provides another competitive offline and online payment solution. If you decide to use Square for your physical locations, you will need to purchase a point-of-sale terminal. Square offers a few terminals, including its Square Reader, Square Terminal, Square Register, and Square Stand.

Your choice of terminal can impact what you pay per transactions. If you choose a Square Reader, for example, it costs 2.75 percent per tap, dip, or swipe. In comparison, a Square Terminal costs 2.6 percent, plus 10 cents per tap, dip, or swipe.

A screenshot of square, an online payment solution

Depending on the size of your business, you can use Square for more than processing payments to your store. You can also use it Square for employee timecards and employee payment. This feature is excellent for smaller companies, like a coffee shop.

For security purposes, you can also set different administrator permissions for employees on Square.

Price: $2.75 per swipe, dip, or tap / 3.5 percent, plus 15 cents per keyed-in transactions

Ready to Find Your Next Online Payment Solution?

Today, your business can choose from dozens of online payment solutions. For your shoppers, however, it’s essential to select the best online payment system. That way, you can provide a seamless shopping experience, which means more money in your company’s wallet.

While many of these online payment solutions depend on your business, some offer significant value. Google Pay and Apple Pay, for example, offer people another way to pay, and it’s a way that’s convenient for them.

The same goes for Amazon Pay, which also lets you leverage the trust of Amazon in your favor.

No matter which online payment system you choose, it’s essential to select a reliable system that integrates with your ecommerce platform, like Shopify, WooCommerce, Magento. That way, you make updating your website easy for developers.

Now, are you ready to find your next online payment solution?

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