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Top 10 E-commerce Payment Systems of 2022

Hazel Grace by Hazel Grace
March 5, 2022
in Tech, Tips and Tricks
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You must be able to collect payments from your consumers in order to run a fully effective e-commerce website. Your whole operation is predicated on receiving payment.

Whether you’re using an existing e-commerce platform or starting from scratch, your payment gateway should be a top consideration. Find out more about electronic payments here.

1. Paypal

Paypal is one of the most popular and well-known online payment alternatives. The site now has a user base of over 254 million. That’s a lot of individuals that might benefit from the ease of using Paypal to make a purchase on your website.

2. Apple Pay

Apple Pay acts as a mobile wallet for consumers who use Apple devices — which is more than 64% of the population in the United States.

3. Google Pay

Google is the only company that can compete with PayPal and Amazon for market share in electronic payment. Google Pay, the company’s own online payment system, is now available. According to Google, hundreds of millions of their customers already have their credit card information stored in their Google accounts, which indicates that offering Google Pay adds convenience for a sizable number of individuals.

4. Square

While Square is most known for in-person point-of-sale (POS) payment processing, the business also provides eCommerce capabilities. They feature an online payment API that supports several payment methods (Google Pay, Apple Pay, Masterclass), as well as credit card payments.

5. Amazon Pay

While Paypal is popular, Amazon is unquestionably the most popular website on the whole web, and one that virtually all of your clients will already have an account with. By integrating Amazon Pay into your business, you can make it simpler for Amazon consumers to buy with you by eliminating the need for them to enter their payment information during the checkout process.

6. Stripe

Stripe is a robust payment processing platform, that provides a variety of checkout choices.

7. American Express

While American Express lacks the market dominance enjoyed by our first three online payment gateways, it does possess something as valuable: customer trust. While American Express is not as widely available as other of its credit card rivals, it has one of the greatest customer satisfaction scores in the business and tends to cater to higher-income consumers than other credit card providers.

8. Visa Checkout

As with American Express’s payment gateway, Visa Checkout enables all Visa cardholders to check out on your website without having to enter their payment information.

9. Masterpass

The Masterpass payment option from Mastercard is comparable to those given by American Express and Visa. It enables Mastercard holders to check out fast and conveniently from your website.

10. 2Checkout

2Checkout is a global payment processing system that takes payments in a variety of different currencies from customers worldwide.

Final Words

There are several payment choices available online, and this article will assist you in selecting the best one.

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