Top-rated WooCommerce Payment Gateways – Which One to Choose?

Approximately 18% of abandoned carts happen because checkout processes are too complicated. If your customers find it hard or confusing to pay, they’ll likely leave without buying.

That’s why having the right payment gateway on your WooCommerce store is so important. It helps your customers pay quickly and safely. A smooth checkout means happy buyers and more sales for you. One of the benefits of using WooCommerce is that it supports multiple payment gateways, giving you plenty of choices. But with so many options, it can be confusing to pick one.

So to make it easy for you, we’ve put together this list of the top 10 WooCommerce payment gateways. These options are trusted, secure, and easy to set up. Whether you sell products, services, or subscriptions, you’ll find a payment gateway here that fits your needs. Let’s dive in!

Quick Overview of the Top WooCommerce Payment Gateways

Let’s take a quick look at all the best options before we discuss them in detail.

Payment Gateway	Key Features	Best For
WooPayments	Built-in for WooCommerce, simple setup, supports major cards	Stores fully on WooCommerce
Alipay	Popular in China, easy international payments	Stores with global buyers
PayPal	Widely trusted, fast checkout, buyer protection	Most online stores
Razorpay	Supports many payment methods, easy to integrate	Growing US and global stores
Apple Pay	Fast payments on Apple devices, secure with Face ID	Mobile-first stores
Amazon Pay	Trusted by Amazon users, quick checkout	Stores targeting Amazon users
Stripe	Trusted by Amazon users, quick checkout	Developers & advanced stores
Authorize.Net	Secure, supports recurring billing, and fraud detection	Larger or subscription stores
Square	Great for in-person and online sales, simple fees	Small businesses & retail
Skrill	Low fees for international payments, easy wallet transfers	Stores with global customers

How Does a Payment Gateway Work?

A payment gateway basically works like a digital link between your WooCommerce store and the financial institutions. Here’s how it works:

• Customer Checkout: A customer enters his/her card details or selects an option to pay through a digital wallet like PayPal or Apple pay.
• Data Security: The gateway protects the information/data, i.e., encrypts payment information. The information is kept highly confidential in this phase to avoid fraud.
• Authorization Request: It sends the transaction details to the customer’s bank (through the payment processor) for the purpose of authorization.
• Approve or Deny: The bank checks the funds for fraud and either approves or denies the payment.
• Confirmation: The result is sent to your shop, and on a successful transaction, the order is completed.

With modern gateways, you can take care of recurring billings for the customers, easy currency conversion, and even fraud detection. That’s what makes them good for secure and seamless transactions.

Best WooCommerce Payment Gateways​

Selecting the right payment gateway is crucial for the success of your WooCommerce store. A suitable payment gateway ensures secure transactions and integrates easily with your website.

1. WooPayments

WooPayments is a plugin built by WooCommerce. With it, customers can pay through credit cards in your store. It seamlessly integrates with WooCommerce, giving you a unified dashboard in payment management. You also get advanced reporting to ensure effective sales and transaction tracking.

Key Features

• Seamless integration with WooCommerce
• Supports recurring payments
• Advanced reporting and analytics
• No setup fee
• Multiple currency support

Payment Processing Fee: 2.9% + $0.30 per successful transaction.

Monthly Fees: No monthly fees.

2. Alipay

Built by the Alibaba Group, Alipay is a digital wallet and payment gateway. This application is widely used in China while supporting multiple currencies. Integrating Alipay with WooCommerce allows you to tap into the Chinese market. You can offer a familiar and trusted payment method to Chinese consumers.

Alipay also offers buyer protection policies to enhance customer trust.

Key Features

• Access to the vast Chinese consumer market
• Supports multiple currencies
• Secure payment processing
• Buyer protection policies
• Easy integration with WooCommerce

Payment Processing Fee: 0.55% per transaction for up to RMB 20,000.

Monthly Fees: No monthly fees.

3. PayPal

PayPal is one of the most popular payment platforms around the world. With it, the consumers can pay through credit card, debit card, and PayPal account. It offers a safe and trusted payment experience, which helps minimize cart abandonment.

The integration into WooCommerce is simple, and multiple currencies are accepted; PayPal offers protection to both buyers and sellers.

Key Features

• Supports multiple currencies
• Payments by PayPal account and credit cards
• Secure and trusted payment processing
• Available buyer and seller protection policies
• On-site and off-site payment processing possible

Payment Processing Fee: 2.9% + $0.30 per domestic transaction.

Monthly Fees: No monthly fees.

4. Apple Pay

Apple Pay is a digital wallet by Apple Inc. It’s the premier payment service for Apple users. WooCommerce integrates well with Apple Pay for a fast and secure checkout experience for online shopping. Customers also get advanced security features like biometric authentication for the best experience on their Apple devices.

Key Features

• Seamless integration with Apple devices
• Supports contactless payment
• Enhanced security from biometrics
• No extra charges for merchants
• Better checkout experience for users

Payment Processing Fee: 2.9% + $0.30 per transaction.

Monthly Fees: No monthly fees.

5. Amazon Pay

With Amazon Pay, customers can use their existing Amazon account to pay on your WooCommerce Store. This provides a familiar and trusted payment solution and can drive up the conversion rates. The integration is simple with WooCommerce and supports multiple currencies. It also provides fraud protection policy services.

Key Features

• Leverages the familiarity and trust of Amazon
• Seamless integration for customers with Amazon accounts
• Supports multiple currencies
• Advanced fraud protection
• Voice payment integration powered by Alexa

Payment Processing Fee: 2.9% + $0.30 per domestic transaction.

Monthly Fees: No monthly fees.

6. Stripe

Stripe is one of the more popular payment processors allowing payment acceptance via credit cards, debit cards, and digital wallets. Stripe also integrates well with WooCommerce, and it supports multi-currency transactions. Advanced features supported by Stripe include subscription billing and recurring payments.

Key Features

• Wide range of payment methods supported
• Developer-friendly APIs and tools
• Advanced customization options
• Recurring billing support
• Fraud prevention tools

Payment Processing Fee: 2.9% + $0.30 per transaction.

Monthly Fees: No monthly fees.

7. RazorPay

Wherever successful commerce is concerned, Razorpay is a good choice for a payment gateway. Businesses can use its product suite for accepting, processing, and disbursing payments. It supports credit and debit cards, net banking, wallets, and UPI. Plus you get unique features like subscription billing and automated invoices.

It’s majorly popular in India, but still supports multiple currencies.

Key Features

• Supports multiple payment methods
• Instant activation and easy integration
• Dashboard for real-time tracking
• Automated recurring payments
• Robust security and fraud prevention

Payment Processing Fee: 2% per successful transaction.

Monthly Fees: No monthly fees.

8. Authorize.Net

Since its establishment in 1996, Authorize.Net has improved and grown as the foremost payment solution for internet-based merchants. 

Authorize.Net offers advanced fraud detection and prevention tools, ensuring secure transactions. It supports recurring billing and subscription services, making it suitable for businesses with subscription models. Authorize.Net also provides detailed reporting and analytics to track transactions and manage finances effectively.

Key Features

• Robust security and fraud prevention features
• Supports multiple payment methods
• Recurring billing and subscription options
• Detailed reporting and analytics
• PCI DSS Level 1 compliant for enhanced security

Payment Processing Fee: 2.9% + $0.30 per transaction.

Monthly Fees: $25 monthly fee.

9. Square

With Square, businesses can accept online and offline payments. It offers an integrated solution for businesses with both brick-and-mortar sites and eCommerce. Square features inventory control, CRM, and detailed reporting. It works with various payment methods and offers secure payment processing.

Key Features

• Unified solution for online and in-person payments
• Inventory management and customer relationship management
• Detailed reporting and analytics
• Supports various payment methods, including credit and debit cards
• Secure payment processing

Payment Processing Fee: 2.6% + $0.10 per transaction.

Monthly Fees: No monthly fees.

10. Skrill

Skrill is basically a digital wallet and payment gateway for businesses that allow online payment acceptance. Customers can use credit and debit cards, bank transfers, and local payment options with secure payment processing experience. Plus, it supports multiple currencies, making it suitable for international businesses.

Key Features

• Digital wallet functionality
• Multiple currencies support
• Detailed reporting and analytics
• International money transfers
• Fraud prevention tools

Payment Processing Fee: 1.9% + $0.29 per transaction.

Monthly Fees: No monthly fees.

Selecting the right payment gateway depends on your business model, target audience, and specific requirements. It’s essential to consider various factors like transaction fees and more when choosing a payment gateway. If you are looking to build a WooCommerce store with required integrations, get in touch with our WordPress development company.

How to Choose a WooCommerce Payment Gateway?

For  secure and seamless checkout and transaction experience, choosing the right WooCommerce payment gateway is vital. It has far-reaching effects on smoothness in customer experience, safety, and costs.

Here’s what you need to consider:

• Transaction Fees and Costs: All gateways have different amounts they charge. Some have flat fees, while others take a percentile of the total amount credited. Compare costs to ensure high processing fees do not clutch you.
• Supported Payment Methods: Ensure the gateway enables credit/debit cards and various digital wallets, as well as local payment options. The more options, the better it is safe and profitable for customers to spend.
• Security and Compliance: PCI DSS compliant gateways are preferred. Ensure it has capabilities for encryption, fraud detection, and chargeback protection. It’s well-known that safety builds trust and prevents fraud.
• WooCommerce Integration: The easy integration of the gateway into WooCommerce is very advantageous for users. Official installation procedures would make the process easy. Also, check if you can easily edit your checkout page to match your brand and user needs. Compatibility with existing plugins and themes is important too.
• Customer Experience and Checkout Process: Customers prefer not to be redirected. Smooth and easy transactions significantly improve conversions. The smooth checkout reduces cart abandonment.
• Payout Speed and Fund Availability: Different gateways have different payout times. Some offer daily payouts, while others take days. Quick access to funds helps business cash flow.
• Multi-Currency and International Support: If you are selling globally choose a gateway that supports multiple currencies. Watch for extra fees on cross-border transactions.
• Recurring Payments and Subscriptions: In the case of a membership site, an appropriate gateway will be that which will allow recurring billing. Functions like auto-invoicing would suffice with subscription management.
• Customer Support and Reliability: A good gateway should offer support 24/7. Find one with high uptime and resolution speed.

In the end, it becomes a matter of individual needs to choose the best payment gateway. Overall, some people should be looking at different charges, security, number of payment options, and ease of usage.

For the best consultation and a comprehensive WooCommerce development, get help from our professional WordPress development company.

FAQs About WooCommerce Payment Gateways

Let’s Summarize

A good WooCommerce payment gateway makes checkout simple, fast, and secure. This helps keep customers happy and encourages them to complete their purchases.

When choosing a gateway, focus on fees, security, supported payment methods, and how well it fits your store’s needs. Make sure it offers smooth integration and lets you customize your checkout page for a better user experience.

Picking the right payment gateway will help in building trust and making it easy for your customers to pay. It will make your online store grow stronger and more successful. And if you need expert help setting up or customizing WooCommerce payment gateways, contact us today!