Lots of payment gateways are present these days to receive or send money globally. Here is a review about these payment gateways. It’s up to you to decide which payment gateway is best for you according to your business nature and requirements.
1). PayPal – PayPal is one of the big names for online money transfer worldwide. It supports 190+countries and it is very easy to use. PayPal was founded in 1998 by Elon Musk, Peter Thiel, Max Levchin, Luke Nosek, Ken Howery and Yu Pan. PayPal is product of eBay. Its CEO is Daniel Schulman.
PayPal Charges 2.9% plus $0.30 USD of the amount you receive (As Mentioned in their website).
2). 2Checkout – 2Checkout is popular name among merchants for receiving money worldwide. However you have to connect your merchant account with payment gateway. It’s little difficult to use it. They also have some strict areas where they do not allow you to use receive money. Your account can get locked anytime if you are violating their rules.
2Checkout charges $0.45 + 5.5% of the amount you receive for each transaction.
3). Skrill – Skrill is known as money bookers. It is simpler as PayPal with additional features like ability to send text message. For international merchants it provides facility to send funds to prepaid cards instantly.
Skrill Charges 1.9% to 2.9% + €0.25 for each
4). Payza is also popular among merchants these days. There is No activation cost and yearly fees. Sending funds through payza is free. It supports 190 + countries worldwide.
Payza Charges 2.50 % + 0.37 INR When you receive funds in rupees. and charge 2.90 % + $0.30 USD per transaction when receiving in US currency.
Here providing info about top payment gateways. These are trusted by many merchants worldwide. However there are many other options available like Google Wallet, Quickpay, Sagepay, Worldpay, Amazon Payment etc. but they are not worldwide services provider. We welcome your feedback on payment gateways experiences. My motto to write this article is to provide info about payment gateways. You can easily found the available options if you are not happy with your current payment gateway services providers. If you have any experience then you are welcome to share your experience and save their money and vice versa. If you have any query feels free to post your feedback.