The payment gateways play an important role in the success of any WooCommerce store. By providing secure transactions, diverse payment options, seamless integration, and global expansion opportunities, they empower your business to thrive in the competitive world.
You can create eCommerce websites using various platforms. But if your site is on WordPress, you can enable the payment management system using any suitable WooCommerce payment gateway. In this article, we’ll cover a detailed discussion on the best WooCommerce payment gateways.
What Is the WooCommerce Payment Gateway?
The WooCommerce payment gateway is an extension of the WooCommerce plugin. It allows customers to pay for goods and services using various payment systems. It is mandatory for any online store built on WooCommerce, as it enables seamless and secure transactions between customers and merchants.
The payment gateway integrates different payment processors and facilitates the transfer of funds from customers to merchants. By offering a range of payment options, the WooCommerce payment gateway enhances the shopping experience for customers and helps businesses increase their revenue.
Market Shares of the Popular Payment Gateways
Take a look at the market share of the popular payment gateways. We’ll describe them below. The following info is collected from Statista.
| Gateways | Tech Owner | Country of origin | Market share (%) |
| PayPal | PayPal | US | 45.4% |
| Stripe | Stripe | US | 18.2% |
| Shopify Pay Installments | Shopify | Canada | 14.6% |
| Amazon Pay | Amazon | US | 3.8% |
| Afterpay | Afterpay | Australia | 1.3% |
| Stripe Checkout | Stripe | US | 1.3% |
| Braintree | PayPal | US | 1.2% |
| Klarna | Klarna | Sweden | 1% |
| Remise | Remise | Japan | 1% |
| Authorize.net | Authorize.net | US | 0.8% |
| AliPay | Alibaba Group | China | 0.27% |
In addition, there are many other payment gateways. Not all of them are ideal for WooCommerce sites. In the following write-up, we’ll discuss the gateways that are highly suitable for WooCommerce websites.
Why Should You Use a WooCommerce Payment Gateway?
Using a good quality WooCommerce payment gateway can offer various benefits to your eCommerce website. Take a quick look at some key reasons why you must consider using a WooCommerce payment gateway on your website.
1. Secured Transactions
A payment gateway ensures secure transactions between customers and the eCommerce website. It encrypts sensitive payment information, like credit card details, so no unauthorized user can access or hack them.
2. Multiple Payment Options
A payment gateway allows you to offer a variety of payment options to customers. This includes credit/debit cards, digital wallets, bank transfers, and more. By providing multiple payment options, you can cater to a wider range of customer preferences and increase conversion rates.
3. Seamless Integration
WooCommerce payment gateways are designed to seamlessly integrate with your online store. They provide a smooth checkout experience for customers, reducing friction and increasing the likelihood of completing a purchase.
4. Increased Trust
Using a reputable payment gateway can enhance the trustworthiness of your online store. Customers feel more confident making purchases when they see familiar and trusted payment options during checkout.
5. Customization
Many WooCommerce payment gateways offer customization options, allowing you to tailor the payment process to your brand and customer experience. You can customize the appearance of the payment page, add your logo, and provide personalized messages to customers.
Best WooCommerce Payment Gateways Explained
So far, we have covered the basic parts of this blog post. We’ll now discuss and introduce you to some of the best WooCommerce payment gateways in the following parts of this post.
1. PayPal
PayPal is a widely recognized and trusted payment gateway that seamlessly integrates with WooCommerce. It provides a secure and convenient payment management system for all types of eCommerce websites.
With PayPal, merchants can offer their customers the option to make payments using their PayPal accounts or credit/debit cards. To sign up, you need an email address and the necessary bank account to set it up. PayPal allows merchants to accept payments in various ways, both online and in brick-and-mortar stores.
PayPal verifies the information to ensure the account is being set up by the rightful owner before it can be used. PayPal also offers protection for buyers who don’t receive what they ordered, providing an added layer of security for customers.
Key features of PayPal
- Links bank accounts for easy fund transfers
- E-checks help in direct payment from a bank account
- Secure the checkout process with encryption
- Ensures purchase protection for eligible transactions
- Includes Credit option for financing purchases
- PayPal Business Debit Mastercard often offers cashback rewards
- Ready-to-use donate button for fundraising efforts
2. Stripe
Stripe is a highly popular payment gateway. It’s one of the preferred systems for payment management in WooCommerce websites. Stripe can also handle various payment methods, including debit cards, credit cards, and local payment options.
Stripe offers a user-friendly interface and a simple checkout process. It ensures a smooth payment experience for customers. It utilizes Stripe Elements, which provides a PCI-compliant checkout experience that works across different browsers and devices.
A key advantage of using Stripe is its ability to enable instant payouts for eligible merchants. This means that businesses can receive their funds in their bank accounts within minutes, which can be particularly beneficial for cash flow management.
Key features of Stripe:
- Easy integration with WooCommerce
- Support for major debit and credit cards
- Acceptance of local payment methods
- PCI-DSS compliance
- One-click checkout with Stripe Elements
- Instant payouts for eligible merchants
- Advanced fraud detection tools
- Responsive and mobile-friendly checkout experience
- Free updates and new feature access
3. Authorize.net
Authorize.net allows businesses to accept a variety of payments, including all major credit cards, eChecks, gift cards, and signature debit cards. It offers advanced fraud protection tools to help identify, manage, and prevent suspicious and potentially fraudulent transactions.
With Authorize.net, funds are automatically deposited into the user’s merchant bank account within days, ensuring quick access to funds. It has a simple checkout process. Merchants can easily add a Buy Now or Donate button to their website, streamlining the payment process for customers.
Additionally, Authorize.net provides a secure payment form on their servers for customers to enter their credit card details, ensuring that sensitive information is handled securely.
Key features of Amazon.net:
- Acceptance of all major credit cards, eChecks, gift cards, and signature debit cards
- Advanced fraud protection tools
- Quick deposit of funds into the merchant bank account
- Simple checkout process with Buy Now or Donate button
- Secure payment form on Authorize.net servers for credit card details entry
4. Amazon Pay
Amazon Pay is owned and managed by the technological company Amazon, which is also one of the world’s largest eCommerce companies. It provides a convenient and secure way for customers to make online payments on various websites using their existing Amazon accounts.
It allows customers to use the payment and shipping information already stored in their Amazon accounts, eliminating the need to enter these details repeatedly on different websites. It has seamless integration with the Amazon ecosystem.
Customers can access their Amazon Pay account through the Amazon website or mobile app and use it to make payments on partner websites. Amazon Pay offers a high level of security. Customers’ information is securely stored by Amazon, reducing the risk of data breaches.
Key features of Amazon Pay:
- Integration with the Amazon ecosystem
- Secure storage of payment information
- Has multi-currency integration
- Supports nonprofits, small and large businesses
- Advanced fraud detection technology is available
- Customizable buttons and widgets
- Alexa for voice-activated ordering is integrated
- Optimized for mobile app
Learn how to add products in WooCommerce stores.
5. Braintree
Braintree is a payment gateway owned by PayPal. It’s well-known for its robust and flexible platform. It offers a wide range of payment options, including credit cards, debit cards, digital wallets, etc. This allows businesses to satisfy various customers and provide a convenient checkout experience.
It employs industry-standard encryption and tokenization to secure sensitive customer data. This reduces the risk of fraud and unauthorized access. Additionally, Braintree is PCI-DSS compliant, which ensures businesses meet the highest security standards.
It provides a range of SDKs (Software Development Kits) and APIs, making it easy for businesses to integrate Braintree into their websites or mobile applications.
Key features of Braintree:
- Help detect and prevent fraudulent transactions
- Accepts cards, PayPal, Venmo, and more
- Analytics provide key transaction insights
- SDKs and APIs for easy integration
- Recurring billing capabilities
- Support for international payments
- Covers advanced security measures
6. Square
Square is an excellent choice for WooCommerce websites. This payment gateway is available in the USA, Canada, Australia, Japan, and the UK. The transaction costs vary based on different countries. It is equally suitable for small to large-scale enterprises.
It provides businesses with an intuitive platform to manage their payments, inventory, and customer data. Whether it’s processing payments, issuing refunds, or generating reports, Square offers top-notch user experiences.
Square also provides businesses with a range of payment processing options. It offers physical card readers and terminals that can be used in brick-and-mortar stores, allowing businesses to accept in-person payments.
Key features of Square:
- Allows handling payments from physical card readers and terminals
- Helps in invoicing and inventory management
- PCI-compliance offers end-to-end encryption and secure transactions
- No extra money is charged in solving a dispute
- Supports managing coupons, invoices, appointments, and Instagram
- Provides real-time report-checking capability
7. AliPay
AliPay is a widely used payment gateway, operated by the Alibaba Group. It provides individuals and businesses with a secure and convenient way to make and receive payments. It was initially launched to support transactions on Alibaba’s eCommerce platforms, such as Taobao and Tmall.
However, it has since expanded to become a widely accepted payment method across various sectors, including retail, entertainment, transportation, and more. AliPay has a significant presence in China and is widely recognized and trusted by consumers.
This large user base provides businesses with a vast potential customer pool to tap into. It supports payments through various methods, including linked bank accounts, debit cards, credit cards, and even facial recognition technology.
Key features of AliPay:
- Allows customers to pay by scanning QR codes
- Easy to clear payments using payment codes during slow internet
- Available in 42 countries and supports 130+ currencies
- Provides documentation for developers
- Offers excellent customer support
- Ensures legitimacy using the escrow systems
Here’s a guide on how to customize the WooCommerce checkout pages.
8. Razorpay
Razorpay is known for its easy integration process. It provides a plugin specifically designed for WooCommerce, allowing businesses to quickly and effortlessly integrate Razorpay into their WooCommerce-powered websites. This ensures a smooth and hassle-free payment experience.
It supports various payment methods, including credit cards, debit cards, net banking, UPI (Unified Payments Interface), and popular digital wallets. It offers a seamless checkout experience for customers. It provides a user-friendly and mobile-responsive payment interface.
This ensures customers can easily make payments from any device. Razorpay supports one-click payments, allowing customers to save their card details for future purchases, further streamlining the checkout process.
- Easy integration with WooCommerce
- Comprehensive payment options
- User-friendly and mobile-responsive payment interface
- Support for one-click payments
- Robust security measures
- PCI-DSS compliance
- Automatic email notifications
- Real-time transaction data and reports
9. Payrexx
Payrexx is another WooCommerce payment gateway in this list which is suitable for all sizes of business enterprises. It offers a user-friendly interface and a straightforward setup process, allowing businesses to quickly integrate Payrexx into their WooCommerce-powered websites.
It offers features such as customizable payment forms, subscription management, recurring billing, and invoicing capabilities. These features allow businesses to set up subscription services, accept recurring payments, and manage invoices efficiently.
Furthermore, Payrexx prioritizes security and data protection. It implements encryption and tokenization technologies to ensure secure transactions and protect sensitive customer data.
Key features of Payrexx:
- User-friendly integration with WooCommerce
- Wide range of payment options
- Customizable payment forms
- Subscription management
- Recurring billing and invoicing capabilities
- Robust security measures
- PCI-DSS and GDPR compliance
10. WooPayments
WooPayments is specifically built to seamlessly integrate with WooCommerce. This makes it effortless for you to set up and start accepting payments on your online stores. The payment gateway supports a variety of payment methods.
It includes credit cards, debit cards, digital wallets, and alternative payment options, ensuring that customers have the flexibility to pay in their preferred way. The payment gateway simplifies the refund process. It allows merchants to issue refunds directly from their WooCommerce dashboard.
Key features of WooPayments:
- Supports multiple payment methods
- Includes fraud prevention technologies
- Simplifies recurring payment management
- Offers dedicated support for WooCommerce users
- PCI compliance to secure transaction data
- Handles a high volume of transactions
Check how to edit the WooCommerce product page.
Differences Between WooCommerce Payment Gateways and Payment Gateway Plugins
WooCommerce payment gateways and payment gateway plugins aren’t the same thing. There are several key differences between the two. Take a quick look at the differences between them.
| Points | WooCommerce Payment Gateways | Payment Gateways Plugins |
| Definition | Built-in options that enable payment processing on WooCommerce sites | Extensions that integrate with WooCommerce to provide additional payment options |
| Integration | Integrated into the WooCommerce platform | Added as extensions or plugins to WooCommerce |
| Range of options | Supports a large range of payment gateways | Expands the range of payment methods beyond default gateways |
| Customizations | Offer limited customization options | Cover additional features and customization options |
| Pricing | Included with WooCommerce | Free or premium, depending on features |
This blog post will introduce you to some of the best payment gateways for WooCommerce and links to respected WooCommerce payment gateway plugins. Before that, take a quick look at why you should use a payment gateway plugin.
FAQ on Best WooCommerce Payment Gateways
In addition to the discussion above, you might have some more questions in mind about the WooCommerce payment gateways. We’ll try to cover them in this FAQ section.
What is the best payment gateway for WooCommerce?
Although PayPal has the maximum market share, after thorough exploration online and interviewing several users, we have come to the conclusion that Stripe is comparatively the best payment gateway for WooCommerce.
Does WooCommerce provide a payment gateway?
Yes, WooPayments is a dedicated payment method created by WooCommerce.
Is PayPal better than Stripe?
PayPal is better if you are starting out as a small enterprise. But if you already have a large business, Stripe will be a good option.
What are the cheapest payment gateways?
Braintree, PayPal, Stripe, and Razorpay are comparatively cheaper and affordable payment gateways.
Does WordPress offer payment gateway plugins?
Yes, you will find lots of payment gateway plugins on WordPress.org, both local and international payment gateway plugins. You will also get their plugins for all the payment gateways that we have covered in the discussion above.
Conclusion
We are now at the end of this discussion. So far, we have covered all the best payment gateways available online in the market. It’s now your turn to decide on one and integrate it into your website. However, we have briefly discussed the gateways in this listicle post. You need to choose the right one based on your needs.
If you need any suggestions or answers from our end, you can submit your query in the comment section below. So, that’s all for today. Have a nice day ahead and enjoy eCommerce.
