It is possible that you are aware that online payments and payment methods have an average of 5% to 6% higher abandonment rates than shoppers.
Your WooCommerce store is complete and performs well. Customers have an excellent shopping experience. The most important step in any customer’s journey to purchase something is payment.
It is crucial to choose the top WooCommerce Payment Gateways. These are WordPress plugins that provide specific payment functionality for your ecommerce store.
This post will discuss WooCommerce Payment Gateways that you should consider for your shop.
Best WooCommerce Payment Gateways
1. WooCommerce Payments
WooCommerce developed and supports the solution. It allows you to manage your business and payments from one place.
Offering customers payment options that are convenient and relevant can increase checkout conversion. WooCommerce payments allow your store to accept debit cards, credit cards, and Apple Pay.
You can allow widely accepted local payment methods. Different digital wallets like Google Pay give your customers more options. WooCommerce Payments can be accessed in 18 countries, and it accepts payments in over 135 currencies without the need to install any extensions.
2. Stripe
Stripe is one of the best WooCommerce Payment Gateways. This platform combines everything you need to create websites and apps that accept payments worldwide.
Stripe products allow for payments online and via subscription to businesses, retailers in person, software platforms, marketplaces, and many other uses.
It can also be used by businesses to prevent fraud, send invoices, issue virtual and physical cards, reduce checkout friction, manage business spending, obtain financing, etc.
This platform makes it easier for aspiring organizations to move funds globally. It is also borderless and programmable.
3. PayPal
PayPal has been a leader in digital payment transformation for over 20 years. This platform uses modern technology to make financial services more affordable, secure, and useful. It encourages individuals and businesses to come together and prosper in the global economy.
WooCommerce PayPal Payments, a Woo Commerce extension, accepts PayPal mobile payments and all primary debit and credit cards payments.
PayPal is PCI compliant. PayPal also offers fraud detection tracking capabilities that are available 24 hours a day. Before using the Woo Commerce store, users will need to have a PayPal business account or a PayPal Pro Merchant account.
4. Amazon Pay
Amazon’s online payment service allows you to give more options to your customers. With the fast, easy, and secure checkout option, it helps you brand increase your visibility to millions of Amazon customers.
Target millions of Amazon customers from over 170 countries. You can make 49% more transactions than regular checkouts.
With a single administrative interface, you can cut down on development costs and use multi-channel APIs to seamlessly integrate into your existing checkout experience.
Amazon pay makes it simple for millions to sign up, make future purchases, and pay recurring bills.
5. Apple Pay
Apple Pay is a private, secure and easy way to pay. It is quick and easy to find your wallet or card. You can check out within apps and websites with just one touch.
You do not have access to the debit/credit card numbers of your customers. This means that you don’t have to manage confidential data when customers use Apple Pay.
With a single click, customers can complete their purchase directly from the product page. You don’t need to add the product or fill out the form details.
Apple Pay is the default and most popular option. This will reduce cart abandonment, consumer irritation, and encourage conversion.
6. Fondy
Fondy makes it easy for customers to pay. It also helps you increase revenue. By allowing customers to accept, settle, and track payments in one place, you can offer a better experience.
It can process payments in more than 150 currencies and in over 200 countries. Fondy’s multiparty split payments or payouts allow you to select who receives the payment. This can be anyone from users to global suppliers and staff.
You can receive payments from clients and pay your associates with a single API. You can leverage the same in-built finance infrastructure from one location.
Fondy accounts allow you to receive your funds immediately so that you don’t have to wait any longer.
7. Skrill
Skrill offers quick, efficient, and safe-optimized payment solutions that are suitable for all businesses.
You can easily integrate more than 100 local payment options, including instant bank transfers, cards, digital wallets and digital wallets. A single account can manage more than 40 currencies, which allows for smooth cross-border payments management.
Skrill integration is quick and easy. It is PCI compliant, and helps with fraud management.
Final Discussion
Your online store’s customer experience can be greatly enhanced by choosing the best WooCommerce Payment Gateways. They will view you as a trustworthy and secure seller.
Knowing which WooCommerce Payment Gateways is best for your business and your end users will help you to create a store that your customers love and return to again and again.
