It’s impossible to imagine the modern world without online shopping, instant purchases and quick information exchange throughout the continents. Today you can easily communicate with anyone anywhere in the universe, get and send fast messages, and of course, buy and sell any product on the Web as well as quickly pay for your orders using any online payment system convenient for you.
The following collection contains a number of online payment platforms available for merchants running their stores on the Web, freelancers who work with remote customers, folks who want to send money to their relatives and friends or receive payments from them within seconds, and creatives who sell their works at online marketplaces and want to withdraw and cash their earnings. Browse them all and choose the most suitable one for your needs.
1. PayPal
This is probably the most popular and widely-used online payment service which allows to make shopping on the Web, pay for your purchases online, withdraw money from online marketplaces, get your earnings from freelance websites or receive payments from your customers and business partners from all over the world.
You should just sign up and add your cards to get started. When adding and confirming your credit card, you will have some small percentage of your card balance reserved. This is made to check if your card is valid. Every time you change the information of your card, one dollar will be stored. After that your money will be sent back to you. You can add more cards if required; and then start make purchases, send and accept payments with ease.
2. Payoneer
This online payment system is another convenient way to send and accept money in any country across the globe. It allows to withdraw and cash your earnings from any foreign or local marketplaces; receive payments from your international clients or freelance websites; as well as send money to your relatives anywhere.
You sign up and order a card within a few minutes. All you need is to specify your name, age and address, as well as, of course, select the currency. After that your card will be sent to you by mail. You will activate the card and then be able to use it for your transactions. Be sure to check out the schedule of fees; the annual fee for up-keeping your card account is $30.
3. Stripe
This is a great platform used by online entrepreneurs for running their businesses on the Web. It is mostly used by web-store owners for receiving payments from their customers. As well as PayPal, this system is compatible with WooCommerce online shopping platform for WordPress. Your Stripe account is created automatically when you configure WooCommerce for your online store on WordPress.
You can easily sign up by yourself and start accepting credit or debit card payments, use international cards, as well as utilize some other popular global payment methods like GiroPay, Sofort, and more. There is different commission supposed for every payment method, so be sure to check out the pricing before you start using this service.
4. ZotaPay
This is another online payment platform which allows to send and accept funds anywhere in the world. It offers a lot of local and global solutions with PCI security hosted payments and multiple currencies supported. Its products and services will suit for merchants, membership-based businesses, tokenization, credit card storage, as well as much more purposes.
To open an account you should send a message with your name, phone number and email to the website administrator, and then wait for a letter with your account confirmation. There is no sign up functionality available. This is a relatively new payment service, so if you tried it and like it, leave your feedback to make others know.
5. Due
This platform promises to provide seamless payment solutions for businesses of all types. To register here you should provide your company name, your email and then insert and confirm a password. After that you are done with registration. When you first sign in you’ll be offered to connect your Stripe account and start processing payments. Here you also have PayPal connected.
You will have to confirm your Due account by clicking the link in your email inbox. After that it’s possible to add your business address and some information about your brand into your account. You’ll be able to insert the bank information, generate your API key by enabling payments, invite additional team members, and more.
6. Apple Pay
This is a convenient payment service allowing to make payments using any Apple devices. You can utilize it to easily make purchases in online stores and applications. It helps to easily send and receive payments to and from your friends or family right in your messages or by asking Siri. No need to download any apps, just use the cards from your Wallet.
Sign in using your Apple ID and start making payments on the fly. To create an Apple ID, you should specify your first and last names, country or region, date of birth, email and password as well as select and answer a few security questions. You will have to enter a verification code sent to you by email to confirm it. After that you’ll e able to insert your shipping and billing data in your account, manage your orders, etc.
7. 2Checkout
This online platform allows merchants to accept web and mobile customer payments from folks living in any country across the globe. Here you should easily sign up and then complete your application or select the integration method (API, or other), online selling platform (Shopify, WooCommerce, etc.) and try the service integration before you apply for an account. You will be also able to create a test sale before your application.
Depending on the type of product you sell and your location, you will probably need some documents for completing the application (photo identification, utility bill, reseller agreement, etc.). You will also have to specify your business information and more details. When this is done, it will be possible to add your tax information, bank account, and some other data to start working with 2Checkout.
8. Square
This is a credit card processing service for offline and online businesses of every size and type. Before signing up you’ll be offered to select your income per year and industry you are in. When signed in you’ll be asked to tell more of your business as well as specify its name, type, annual revenue, category, employer identification number, and more.
Only after you insert all the necessary information, your Square account will be activated and you will be able to start taking payments without a delay. In your dashboard it will be possible to download the Point of Sale app, pick up the right hardware for your business, link your bank account, build and manage your item catalog, and more.
We hope this list of online payment systems is going to help you make the right choice when you are about to resolve which one to pick for your business.
