Best Online Payment Systems

Alliance  ·  July 16, 2021

Unsure which is the best online payment system? Here are our 10+ best online payments systems for ecommerce payments.

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With the growth of e-commerce over the years, there are now a number of different online payment options available so businesses can easily sell directly to consumers. Knowing which option to choose might be a bit overwhelming, so we have developed a list of great online payment systems available so you can select the one that offers the features needed for your business.

Features to consider when selecting an online payment system to include on your website:

Excellent Security – Security is of utmost importance when it comes to your payment processing system. You want your customers to know that your website is a safe space for them to enter payment information and personal data. When selecting a payment processing system, you will want to check that it is PCI DSS Level 1 compliant (meaning that it meets Payment Card Industry Data Security Standards).

Easy Integration – Finding an online payment system that seamlessly integrates with your current platform is an important consideration, as it will save you time, effort, and money, and will help avoid any errors from occurring with any payment processing.

Fast Processing – Offering a fast processing payment system will provide your customers with a quick and easy checkout process and better customer experience. You also will likely avoid payment processing errors by having a system that is fast, safe, and reliable.

Multiple Payment Options – By giving customers a number of different payment options, they are more likely to purchase online because you can accommodate their payment preference needs. Different types of payment options include credit/debit cards, rewards programs, Venmo, Apple Pay, and more. Some e-commerce websites also now offer multi payment options such as Afterpay or Klarna, which divide a purchase into four automatically scheduled payments.

Below are our top choices for the best online payment systems:



One of the most widely used payment systems, PayPal, is a safe and easy payment processing system. Users must have a PayPal account that is associated with their email address, and can then attach different forms of payment methods to their account (such as credit/ debit cards or bank account routing numbers). Customers can simply log into their PayPal account when checking out and choose the desired payment method without having to input their full payment information again. For merchants, fees from PayPal are 30¢ per transaction plus 2.9% for most types of domestic transactions with no additional setup or monthly fees. Visit Site


Stripe is an instant payment processing system that can be integrated quickly into a website. Funds are deposited instantly into your business bank account, offers fraud protection, and is compatible with over 135+ currencies. Stripe offers a pay-as-you-go pricing structure with a fee of 2.9% + 30 cents per transaction. Visit Site


Another popular payment processing system used by over 2 million businesses, Square is a user-friendly choice. Square offers a number of POS systems specific for different types of businesses such as restaurant and retail, giving you additional tools beyond payment processing such as inventory management, sales, and staffing. Square’s payment processing system is also compatible with credit and debit card transactions, bank transfers and invoices. Processing fees are priced at 2.9% + 30¢ for e-commerce transactions. Visit Site
4 has been a reliable, safe, and secure payment processing option used by a number of businesses that was developed by Visa in 1996. Payments are processed in just three easy steps, using authentication to ensure a customer’s balance is high enough to complete the transaction, then capturing a hold on these funds, and finally settling the payment between the merchant and customer account. Pricing is a monthly fee of $25, plus a transaction fee of 2.9% + 30 cents. Visit Site

Google Pay

Google Pay offers password protected one touch mobile payment options for Android users. Transactions are instant and sent directly to the merchant’s bank account. Encryption methods ensure all Google Pay transactions are safe and secure. Google Pay fees are just 2.9% per transaction for credit/debit and bank transfers, and its low fees make it a great choice to include for payment processing. Visit Site

Apple Pay

Similar to GooglePay, ApplePay also offers one touch mobile payment options but is designed for iPhone users. ApplePay is also safe and secure for payment processing, and allows users to complete transactions faster and easier than ever by saving payment details to their ApplePay account. ApplePay requires no monthly payment for merchants, and fees range from about 2-4% per transaction. Visit Site


Dwolla offers a modern, scalable payment processing system that was designed with developers in mind through API automation for facilitating and scheduling payments. Dwolla uses an account based system for sending, receiving, and facilitating different types of payments. Dwolla offers pay as you go pricing of $2 per user. Visit Site


Braintree offers safe and secure payment processing with a customizable interface, advanced levels of fraud protection, and recurrent billing options. Braintree is compatible with a number of payment options including PayPal, credit and debit cards, Venmo, Apple Pay, and more. Pricing is 2.9% + 30 cents per transaction and also includes full online support. Visit Site


Venmo is a mobile payment processing service powered by Paypal. Many Venmo users appreciate its ability to instantly transfer payments between family, friends, and businesses. Venmo users simply link a bank account or credit card to their account and can begin transferring money instantly. Transaction fees are fairly low for businesses and are charged at a rate of 1.9% + .10 cents per transaction. Visit Site


Skrill is an instant online payment processing option that offers fast and secure payments through a virtual wallet system. Features of a Skrill account include email transactions, instant payments, split payments, and recurring billing. Users can open a free Skrill account for purchases. For businesses, fees are 2.9% plus $0.29 per transaction. Visit Site

What is the best online payment system for you? Let us provide you a personal recommendation.

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