If your business exists online in any capacity, it likely needs some sort of payment processor. How else will customers pay for your awesome products and services? (We’re assuming they’re awesome. If they’re not, you should probably fix that first.)
Unfortunately, the web is ridden with scammers who promise secure payment services but secretly intend to rob you of every penny. Here, we’ve identified the top five proven payment processors, chosen for their security and ease of use.
Stripe is a suite of powerful APIs that allow businesses of all shapes and sizes to secure payment over the Internet. With Stripe’s simple templates, you can design cross-device payment forms for your website, blending its theme with that of the rest of your site. Want to offer your customer a last-minute coupon? Stripe can do it. Does one of your customers need your delicious cold-pressed juices delivered straight to her door every week? Stripe supports subscription services and automatic payments of all types. This service also accepts over 100 forms of currency, so if you can ship your juice halfway around the world, we think you should go for it.
Why we like it: Payment form customization keeps your site from looking like a tangle of third-party apps.
Price: 2.9% + $0.30 of each charge
PayPal hardly needs an introduction. If you’ve made any online purchase in the past several years, you’ve probably checked out with PayPal at least once. Even so, many online businesses forget it’s a resource they can use on their own checkout page. PayPal’s shining reputation erases any hesitation a customer may feel about making a purchase online. Payment is quick, secure, and transparent with quick email receipts and opt-in mobile notifications. What’s not to like?
Why we like it: Most website builders offer PayPal checkout buttons and widgets, making it easier than ever to make your business PayPal-friendly.
Price: 2.9% + $0.30 of each charge
Creative minds will love Gumroad’s highly customizable interface. Those without a website can make a simple landing page in seconds, but bloggers, writers, and artists with sites can easily plug in their own checkout form. Beautiful analytics keep you updated on sales, abandoned shopping carts, retention, and more. Gumroad stamps and watermarks can even help keep your content from being shared illegally by visitors and past customers.
Why we like it: Gumroad offers minor features that “mainstream” payment processors don’t typically consider, like “pay what you want,” pre-sale, and geographical limits.
Price: $10 a month and 3.5% + $0.30 of each charge
Never heard of Braintree before? Don’t let their dark hacker vibe fool you—they’re a PayPal company. The platform integrates seamlessly with existing PayPal, Bitcoin, Venmo, Android Pay, and Apple Pay customers (meaning no one will leave their shopping carts because they’re too lazy to type in their info). Braintree is wonderful for businesses who want a simple payment processor that reaches a number of seasoned online shoppers.
Why we like it: Braintree’s dynamic control panel makes it easy to bill customers, view recent invoices, and read reports from a single screen.
Price: 2.9% + $0.30 of each charge after your first $50,000 in card processing
Authorize.net is perfect for the business that’s everywhere at once. This platform accepts credit/debit card, eCheck, mobile, and in-store payments for a reasonable monthly and per-charge fee.
Why we like it: Sync for Quickbooks automatically imports your Authorize.Net transactions into your existing QuickBooks account.
Price: $49 setup, $25/month gateway, 2.9% + $0.30 of each charge