Are you a freelancer or running your own business? Do you have international customers? If yes then how do you manage transactions? Are you unable to find the right payment gateway to receive international payment? Need not to worry!
With the ease of digitalization, businesses have expanded in no time. With advanced workspace technologies and multiple tech trends, they have transformed through the bottom. But, the payment gateways are still from Adam’s era.
Sales tactics, marketing strategies, and efforts to improve customer services, everything comes after revenue that every business owner thinks about. While transactions are involved in every business, everybody wants the customers to have the best purchasing experience. For this reason, it is essential to choose the best payment gateway for international and local transactions.
Wait, it’s not that easy. There are plenty of things to consider when looking for international payment gateways. If you’re new in the ground, keep reading to check out the top 5 best payment gateways for international payment.
In this article, we have listed the best payment gateways based on multiple factors including compatibility, setup fee/transaction charges, currencies supported, CMS support, and so on. You will learn everything below but if you are planning to start a new business, here are the best crowdfunding websites for startups.
Let’s start with some details first!
What is a payment gateway?
Simply put, a payment gateway is an application or software that makes online international payment easy & simple. For the simplest understanding, it maintains smooth transactions between two parties, connecting the merchant’s website or application with the bank.
When your customers use payment gateways to make a transaction, the application sends your transactional information (debit/credit card or net banking/UPI details) for verification.
The payment gateway transfers the details to the bank and the amount is released from the amount to credit in your account. That’s perhaps the easiest way to make transactions quick and smooth.
However, there are thousands of payment gateways to choose from, making it slightly tough to choose the best payment gateway for the international payment. Well, we are here to help you. We have listed the 5 best international payment gateways that will take charge of the priority tasks, secure sensitive information, and protect the transaction between you and the customers. These are some factors that we’ve considered when choosing the best payment gateways for international transactions;
- Setup fee/Transaction Charges
- Automatic Billing
- CMS Support
- Accepted Payment Method
- Support Currencies
- Compatibility
- Payout Time
- System Security
Keeping the same in mind, we have gathered the following international payment gateway options for you.
Top 5 Payment Gateways for Receiving Payments from Abroad
Now that you know what an international payment gateway is and why it is important, it’s time to gauge through the best international payment gateway providers in the world.
- PayPal
PayPal is one of the most reliable payment gateways for international transactions. It is easy to set up and helps people and businesses send and receive payment in over 200 countries at a very low processing fee, which makes it the most preferred option for international transactions.
PayPal is the faster, secure, and convenient source of making online payments across 203 global markets without the hassle of converting currencies. Here are some features that make it one of the best payment gateways for international transactions;
- PCI Compliance
- Express Checkout
- Up to 40% Checkout Conversion Rate
- 200 Countries
- 20+ Currencies
- Online Invoicing
- Fraud Protection
- Inventory Tracking
- Quick Setup
- Amazon Pay
A newcomer in the industry, Amazon Pay has become widely popular among the people looking for payment gateways for international transactions. It offers extensive multi-currency capabilities with a user-friendly interface at minimal or no fee at all.
Designed to provide a smooth transactional experience with both customers and businesses striving to expand internationally, Amazon Pay in two packages – log in & pay for customers and pay with Amazon for merchants. Features lots of existing features & tools, this payment gateway is available only in 105 countries as of now. Here’s why we ranked this;
- No transaction fee
- No membership fee
- No currency conversion fee
- Automatic payments
- Easy integration
- Inline checkout
- Fraud Checkout
- 15+ currencies accepted
- Stripe
Compared to many other international payment gateways, Stripe is undoubtedly the best application that provides payment gateways in various APIs. It is a cloud-based payment gateway that accepts and sends online payments across the world. It comes with plenty of features including a custom UI toolkit, embeddable checkout, consolidated reports, and much more.
With a range of APIs, you will get complete control and easily integrate your new payment gateways into your eCommerce store. Additionally, it supports transactions across 135+ countries and offers amazing features for local payments as well. Here are the reasons, why we ranked this among the best payment gateways for international transactions;
- Supported 135+ countries cards
- Mobile-friendly interface
- Multi-currency payouts
- Open-source plugins
- Roles & permissions
- Account security
- Collaboration notes
- Unified payouts
- Cross-border payouts
- Dispute handling
- 2Checkout
With an all-in-one international payment solution, 2Checkout accepts payments from over 200 countries. It comes with plenty of features and customized payment options that help both customers and businesses experiencing a smooth transactional experience.
2Checkout doesn’t have any monthly fee, making it one of the most affordable options for businesses expanding overseas. More than 2 million are using this application across the world, it supports various payment methods in 15 languages.
- 87 currencies supported
- Available in 15 languages
- Easy integration with 100+ carts
- Customized payment options
- Level 1 PCI data security standard
- Various payment options available
- Authorize.Net
Started in 1996, Authorize.Net is one of the best payment gateways for international transactions. It is widely popular among the merchants based in the UK, US, Canada, Australia, and Europe, for this reason, it may be a less viable option over others on the list. However, it comes with outstanding features that forced us to rank this one the top international payment gateways.
It manages the routing of transactions, payment without installation, just like swiping a credit/debit card. Authorize.Net has a wide customer base of over 4.7 Million users around the world. It is a fully integrated reliable electric check-payment system that accepts payment from different banks through your website or its virtual terminal. Here are some features it comprises;
- E-check processing
- Recurring billing
- Online CMS
- Retail payment
- Mail/Phone payments
- High-tech fraud detection
We hope you have found the best-suited international payment gateway for all your needs. If you love our picks, kindly let us know in the comments below.
