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So you have your perfect website with your products looking the best they possibly can. Great! But now the customer wants to buy it.

Now what?

There are a wealth of options to choose from when you’re in need of a great payment tool and with the launch of our new lowest 1.2% rate for everyone, it’s a great time to consider how you’re saving money.

Even so, they all differ slightly meaning one might be a better fit for your business and ensure you’re providing the best customer service possible. Here’s a run-down of six of the best options on the market to help you make the right choice. 

WorldPay Online

In the UK alone, WorldPay handles over 40% of all card transactions. If you need a solution to accept card payments, they could be right for you. 

Pros

  • An online payment gateway that lets you take payments in over 116 currencies with all major credit cards, as well as PayPal
  • Customers can complete secure online payments without a website
  • Flexible pricing plans
  • Recurring payments and subscription-based payment plans for customers
  • Fraud screening to protect customers

Cons

  • WorldPay does not offer a complete eCommerce solution and they do not display their prices publicly 

PayPal

PayPal is probably one of the most recognisable brands in the online payment game. It helps that they’re easy to get started with. 

Pros

  • A mobile-optimised checkout
  • Built-in fraud protection
  • International payments
  • The ability for customers to pay you directly with their PayPal account
  • Bespoke pricing for larger businesses

Cons

  • Expensive transaction fees, from 1.9% plus 20p per transaction and up to 3.4% plus 20p per transaction depending on sales volume
  • Prices often higher for businesses with low sales volumes
  • May not appear as professional as other methods

Stripe

Stripe has grown quickly in popularity in recent years. But, like most of the other options, it has its good and bad parts.

Pros

  • They offer card payments as well as recurring billing and direct debit services
  • Real-time fee reporting
  • Competitive rates on European credit cards
  • Simple pricing options

Cons

  • Not the cheapest option at 1.4% plus 20p for European cards, 2.9% plus 20p for non-European cards, and SEPA direct debit 1% plus 20p 
  • Requires technical knowledge for setup
  • Transfers arrive in your bank on a seven-day rolling basis, much slower than most other options

SagePay

SagePay offers a range of options for online and offline businesses. They’re unique because they offer flat monthly fees with no transaction charges. 

Pros

  • Easy drop-in checkout integration
  • Flat rate monthly fee and no transaction charges
  • Good customer ratings

Cons

  • If you get more than 3,000 transactions per month, you’ll need to contact them for a unique pricing option
  • They charge for customer support calls
  • Requires some technical knowledge for setup

Shopit

While there are many options to choose from, few come with as many benefits as Shopit. It’s a payment gateway, acquirer, and merchant account in one. Shopit offers: 

  • Pre-integration into eCommerce platform
  • No need for web developer knowledge for integration
  • Lifetime low rate of 1.6% plus 10p per transaction for all customers
  • Completes transactions with multiple currencies
  • Real-time currency conversions
  • Immediate payouts within 24 hours
  • Fully supported tokenisation, online reporting, and PCI-DSS compliance
  • Accepts all major cards

Not only can Shopit customers save 40% on gateway fees, but they can also save between 30% and 80% on their platform costs by choosing an eCommerce platform which gives you access to more features for a smaller fee. It’s truly the best option. 

Shopit provides a complete service from setup to sale in eCommerce. The payment system allows global payments at an affordable rate, not just for certain customers, but for everyone. Get your free trial today.