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Online Payment, Top 10 Safe and Reliable Online Payment Sites

 With the popularity of online payment methods and systems, it has become necessary to know the most secure and reliable of these systems through which to exchange your financial transactions and trust them with your money.


Online Payment
While many of the companies on this list have been available to online merchants for years, many of them are now entering into new areas of online payments such as social commerce and online card reading systems in stores.

In this article, we highlight the most popular online payment sites on the Internet, and which of these systems are the best to choose in your dealings with online purchase sites or third parties.

A Quick Look at Online Payment Systems

Before we start mentioning the best online payment systems and websites, there are several things that you need to be aware of when it comes to online payment.

What are ACH Payments?

ACH Payments are electronic credit and debit transfers, allowing customers to make payments from their bank accounts for utilities, mortgage loans, and other types of bills.

ACH stands for Automated Clearing House and most payment processors offer ACH payment options to their customers, especially for monthly and subscription transactions.

Most payment solutions use ACH to send money (minus fees) to their customers.

What is a merchant account?

A merchant account is a bank account that allows a customer to receive payments through credit or debit cards.

Merchant providers are required to comply with regulations set by card associations. Many processors (such as those listed below) act as merchant accounts as well as payment gateway.

 

payment gateway

A payment gateway allows merchants to securely pass credit card information between the customer and the merchant and also between the merchant and the payment processor. The payment gateway is the intermediary between the merchant and the sponsoring bank.

 

payment processor

A payment processor is a company a merchant uses to handle credit card transactions. Payment processors implement anti-fraud measures to ensure that both the front-end customer and the merchant are protected.

Now when talking about the best online payment sites and gateways, we recommend these 10 services for you according to the preference of experts in this field.

Best Online Payment Systems


Authorize.Net – The Most Used Online Payment Gateway

Authorize.Net is the most widely used payment gateway on the Internet. With a user base of over 300,000 merchants, Authorize.Net has been the go-to for e-commerce sites that need a gateway to accept payments.

And widely used e-commerce platforms such as Magento, Volusion, and X-Cart are designed to accept payments with Authorize.Net more easily.

Pricing: Authorize.Net has a $99 setup fee, costs $20 per month, and takes $0.10 per transaction.

PayPal - The Most Popular Online Payment Gateway

PayPal is the most widely used payment company in the world, processing over $4 billion in payments in 2011.

PayPal payments are made using an existing user account or with a credit card.

Funds can be sent directly to an email address, thus requiring users to sign up for a new PayPal account. In addition to receiving payments, PayPal also allows its users to send money through the service, a feature that only a few payment solutions offer.

Pricing: Paypal has a commission per transfer of 2.9% + $0.30, and it has no setup or monthly fees.

Google Checkout

Google Checkout is a response to PayPal. Google Checkout allows users to pay for goods and services through an account connected to their users' Google profiles.

The main advantage of Google Checkout is that millions of Internet users use Google for other services, which makes the process of purchasing through a Checkout account practical and simpler.

Pricing: Google Checkout fees start at 2.9% + $0.30 per transaction for sales under $3,000. The percentage they take decreases depending on the monthly sales volume.

Amazon Payments

Amazon Payments allows its users to receive money using its API (and send money via ACH).

And the popular crowdfunding site Kickstarter uses Amazon Payments.

Pricing system: Amazon Payments fees start at 2.9% + $0.30 per transaction for payments over $10 (the percentage they take is lower for larger transactions). For payments under $10, the fee is 5.0% + $0.05 per transaction.

Dwolla

Dwolla is a direct competitor to PayPal. A newcomer in the third-party payments space, the company processes over $1 million a day.

Dwolla's payments setup is similar to PayPal, although Dwolla doesn't have the same name recognition as its competitors.

Pricing system: There are no fees for transactions under $10. For transactions over $10, Dwolla charges $0.25 per transaction.

Stripe

Stripe provides an excellent payment solution for web developers who want to integrate a payment system into their projects using Stripe's powerful API.

Bypassing the traditional registration process, Stripe acts as a merchant account for its providers, handling all PCI compliance and merchant approvals.

Pricing: Stripe charges 2.9% + $0.30 per transaction with no setup or monthly fees.

Braintree

Braintree is an online payment gateway and business account solution known for working with popular tech startups like Airbnb and LivingSocial.

Pricing system: There are no setup or monthly fees. Transaction fee of 2.9% + $0.30 per transaction for eligible cards.

Payoneer - The ultimate online payment option for merchants and businesses

Payoneer is one of the popular online payment systems these days which offers to set up local receiving accounts, where the user gets their payments in US Dollars, Euros, or one of many other options.

In just three easy steps, you can set up your account, email customers how to pay them, and have those payments automatically sent to your Payoneer account.

Global companies depend on their network of suppliers and vendors. So, Payoneer makes it easy to pay them when you need to.

By paying it directly from your Payoneer account balance, payments are sent instantly and for free. Additionally, you can send batches of up to 200 payments for convenience.

You can also rely on the Pioneer partner network, from shipping and sourcing services to legal assistance, translation, and advertising, you can fill in the gaps by connecting with the sellers in the market you are trying to sell to.

Pricing: Payoneer charges a low fee for some transfers, and there is an annual account fee, but it's minimal at $29.95 per year.

WePay

WePay is a payment processor that allows online merchants to accept credit card and online bank account payments.

WePay seems to focus on the individual user and has recently added online store pages to their service to help their customers conveniently get payments (such as event tickets, products, donations, etc.) through their service.

Pricing: WePay charges a 3.5% transaction fee (minimum $0.50) for credit card transactions and $0.50 for bank payments, with no setup or monthly costs.

2Checkout

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 also offers international payments and shopping cart stores as well as a recurring billing feature.

Pricing: 3.99%, a $0.45 transaction fee, and a $10.99 monthly service fee.


There are plenty of online payment systems that you can use to conduct e-commerce activities, so choose one that aligns with your business goals.

Of course, we did not include in the above list all online electronic payment systems. If you did not find your preferred system in the list, please share it with us in the comments and why you chose it over other electronic payment systems.

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