Hey everyone! I’m starting an online business and need advice on payment options. What payment gateways have you used that are reliable and cost-effective?
I’m looking for something with:
Has anyone had good experiences with specific providers? What should I watch out for? Any tips on negotiating better rates?
I’ve heard mixed things about popular options, so I’d love to hear some real-world feedback from other store owners. Thanks for any suggestions!
i’ve been using stripe for my shop and its pretty good. low fees, fast payouts, and setup was a breeze. customer support is decent too. just watch out for chargebacks - they can be a pain. might wanna look into Shopify payments if ur using their platform. they integrate nicely
Hey there! Have you considered Square? I’ve been using it for my little online shop and it’s been pretty awesome. Super easy to set up, and the fees aren’t too bad.
What kind of products are you selling? I’m curious because that might affect which gateway works best for you. Like, if you’re doing subscription stuff, some gateways handle that better than others.
Oh, and have you thought about accepting crypto? I know it’s not for everyone, but I added it as an option and was surprised how many customers went for it. Just a thought!
Anyone else here tried Square or crypto payments? What’s been your experience?
In my experience, PayPal has been a solid choice for online stores. It’s widely recognized, which can boost customer trust. The fees are competitive, especially if you negotiate based on your sales volume. Payouts are typically quick, often within 1-2 business days. Integration is straightforward with most e-commerce platforms. One downside is that they can be strict with seller protection policies, so keep meticulous records. Also, consider offering multiple payment options to cater to different customer preferences. This approach has significantly reduced cart abandonment rates for my store.