Payment gateways facilitate data communication among the various entities involved in making a payment. This technology enables merchants to verify different payment options smoothly, while millions of transactions occur globally daily.
1. PayPal
PayPal is widely known as the original digital payments platform, and it continues to create possibilities for everyone by making money management quick, simple, and fun.
The company has been providing a service that is perfect for small businesses, online merchants, individuals, and others who lack access to traditional payment methods for decades.
PayPal’s main goal is to create opportunities for people in their daily lives and empower millions worldwide who trust, depend, and use its technology.
Currently, the company is on a quest to transform e-commerce using AI, and it recently announced six innovations that it is testing and launching this year.
2. Amazon Pay
Amazon Pay lets customers enjoy the ease and security of Amazon wherever they shop, providing a simple way to handle payment methods and checkout.
The technology is accessible to anyone with an Amazon account and can be applied with any retailer that shows the Amazon Pay option at checkout. By tapping the appropriate icon, buyers can check out with payment information that is already saved in their account.
All this results in a quick, safe, secure, and easy experience, with no need to set up a new account or recall old passwords.
Merchants who are thinking about or already using Amazon Pay benefit from offering the familiarity of an Amazon-related service.
3. Skrill
Skrill is a digital payments provider based in London, with offices across Europe and the US. It offers payment solutions to consumers and businesses worldwide.
Customers can make payments as and when they wish, while Skrill’s business solutions enable companies of all sizes to operate in a global market.
Skrill has tens of millions of account holders who rely on it to consolidate all their payment options in one place, making it easy and secure to send and receive money using 40 currencies in nearly 200 countries.
Skrill belongs to the Paysafe Group, a global payments solutions provider that was formed in 2015 when Optimal Payments bought Skrill Group.
4. Stripe
Stripe is a financial infrastructure platform for the Internet, with headquarters in San Francisco and Dublin.
Stripe helps millions of companies worldwide, from big corporations to aspiring startups, to accept payments, send payouts, automate financial processes, create new business opportunities and, in the end, increase their revenue.
Stripe offers its services to businesses in nearly 50 countries and supports over 135 currencies and payment methods.
More than 100 top enterprises use the Stripe platform to process more than US$1bn every year.
5. Verifone
Verifone is a payment architect, creating ecosystems that empower online and offline commerce experiences for consumers and merchants worldwide.
The company was a trailblazer in cashless payment, digitizing checks and credit cards for security, and has kept innovating as it facilitates more than 10 billion secure transactions annually.
Verifone now focuses on software applications. It aims to simplify omnichannel commerce for merchants, providing a coherent brand experience on a single digital platform.
6. Authorize.net
Since 1996, Authorize.net has been a leading payment gateway service provider, submitting billions of transactions to processing networks for merchant customers.
As a fully-owned subsidiary of Visa, the company makes payment processing a stress-free and simple part of doing business, thereby improving cash flow.
Over almost 30 years, Authorize.net has established relationships and is trusted by more than 430,000 merchants, processing more than a billion transactions and US$149bn in payments annually.
7. Helcim
Helcim enables Canadian and American businesses to accept credit card payments at reasonable and clear rates.
The business boasts of offering a fair pricing structure, creating the basis for long-term relationships with merchants, clients, and partners.
Helcim claims that small businesses can save 25% on average by using its service, based on its data.
With its broad range of online, e-commerce, cloud-based, mobile, and retail payment platforms, Helcim is ready to offer a complete payment solution.
8. Braintree
Braintree offers the global commerce tools that people need to grow their businesses, process payments, reduce security risks, and reach new markets.
The firm has risen to the top of mobile payments by embracing the idea that payment technology is essential for fostering innovation and increasing revenue.
With Braintree, merchants in nearly 50 countries and regions across the world can handle, split, and facilitate payments in over 130 currencies. As a PayPal service, it allows merchants to take PayPal, Venmo, and credit or debit cards with one integration.
