An online payment system is the lifeblood of any website that sells a product or a service. Life would be a lot better and easier if we were not required to handle bank checks or any kind of paper money, as it is quite irksome and tough to do, instead we could make any kind of financial transaction using the awesome world of internet.
In this article, we’ve compiled a list with what we believe to be the 10 best online payment systems on the market today.
1. Samurai by FeeFighters
FeeFighters is a really nice tool which allows comparing rates for merchant accounts. Samurai is the direct rival of Braintree and other gateway solutions.
CCBill is similar to CCNow but on an even larger scale. CCBill is particularly impressive if a site requires custom, enterprise-level solutions. Otherwise, it may be overkill. Also, the service is expensive.
Stripe provides an excellent payment solution for web developers who would like to integrate a payment system into their projects using Stripe’s robust API. By bypassing the traditional sign up process, Stripe acts as a merchant account for its providers, handling all PCI compliance and merchant approvals.
Braintree is famous for working with popular tech startups like Airbnb and LivingSocial.
5. Skrill (Moneybookers)
Moneybookers, which is transitioning to the Skrill rebranding, is a European-based counterpart to PayPal. For the online merchant, Skrill delivers a full-featured e-commerce solution. It charges 3.9 percent plus €0.35 per transaction.
2Checkout is another payment processor that combines a merchant account and payment gateway into one, allowing customers to receive credit card payments as well as PayPal payments. The company offers international payments, shopping cart stores as well as a recurring billing feature.
Dwolla is similar to PayPal and it processes over $1 million per day. They don’t charge anything for transactions less than $10. But they charge $0.25 per transaction for transactions above $10.
ProPay is a PayPal-like service that serves both consumers and merchants. For merchants, it is a robust system for sending and receiving funds. It boasts a number of excellent features, including a handheld reader that is perfect for merchants whose business extends to a physical location.
9. Amazon Payments
Amazon Payments allows its users to receive money using its API (and to send money out via ACH). Popular crowdfunding site Kickstarter uses Amazon Payments.
Although not on the scale of CCBill, PayJunction is a one-stop shop for online merchants. They offer a 30-day free trial and a wide array of excellent features, including mobile services and a virtual terminal.