Magento Payment Gateway

A secure payment gateway is the one most important thing to keep in mind before starting selling online.
To avoid security problem merchants should focus on PCI-compliant and SSL certificates while choosing for a payment gateway. It will safeguard your store from fraud.

For online stores, the right payment gateway is key to long term success. To make the checkout process smooth, Magento 2 provides various payment gateways.

Here in this blog, we will discuss the payment gateways and the important points to consider while choosing one.

An eye on Magento payment gateway work process

From recording the transaction request to encrypting the payment details and sending it to the payment processor all done in a single click on the submit button by the customer within a seconds.

A middle man between the customer and the bank is what payment gateway is.

Bank receives the transaction details from the payment processor, it approves or declines the process as per conditions and sends back the response to the processor finally, the payment gateway sends the response to the customer to complete the payment process.

Apart from these Payment gateways for Magento, here is something more to read:

  1. Best Magento 2 SMS Extension
  2. Top Magento 2 FAQ Extensions
  3. Best Magento 2 Navigation Extension

Top-Rated Payment Gateway For Magento

The following are the seven top payment gateways at hand on Magento 2.

1. PayPal

Payment Gateway For Magento

One of the most popular and recognizable names in the payment gateways a reputed name known for its secure payment transactions. It offers a smooth checkout process with the express checkout button. Only with an email address, customers can easily send money to the bank account via PayPal account or credit card. With credit options, customers can pay for purchases over time and spend more. Advanced encryption and 24-hour monitoring options make the gateway highly secure and protected from fraud.

Noteworthy features:

  • Bill Me Later
  • Barcode Scanning
  • Pay 2.9% + 0.30 for every transaction
  • Easy to use
  • Available in approx 200 countries.
  • It’s free to set it up on your online store.
  • Online invoicing and an option to create and send custom made invoices.
  • Accept payments online
  • Virtual Terminal
  • PCI Compliance
  • Inventory Tracking
  • Express Checkout
  • Mobile Card Reader
  • Credit Card Reader
  • Shopping Cart

2. Braintree

Payment Gateway For Magento

Another excellent payment gateway, acquired by PayPal in 2013 used by top companies such as Airbnb and LivingSocial. It proffers tools to create an ideal checkout process on your e-commerce store. One can pay from various ways including Apple Pay, Venmo, and Bitcoin. It is suitable for small as well as for global businesses. This gateway comes with PayPal integration inbuilt, secure data storage and basic fraud protection. Customers get the ability to store, add or delete payment information in their accounts.

Notable features:

  • 3D Secure
  • Advanced Fraud Protection
  • Data Security
  • No monthly fees
  • It only costs 2.9% + $0.30 on every transaction.
  • Global Coverage
  • 2-day Payout
  • Drop-in UI
  • Customized checkout workflow
  • Seamless checkout
  • Customized Experience
  • Recurring Billing
  • Account Updater
  • Always available support
  • Easy repeat billing
  • Dynamic control panel
  • Braintree vault
  • Encryption
  • Easy data migration
  • Guaranteed uptime


Payment Gateway For Magento is used by approximately 440,000 merchants over the world. It offers free advanced fraud detection suite and other security measures like address and CVV verification. Businesses using should be based in the United States, Canada, Europe or, Australia they can allow their customers to save credit card data. is famous among small and mid-sized businesses. One can easily pay via credit card, PayPal, Visa, e-check and Apple Pay checkout.

Remarkable features:

  • Free mobile app for users
  • Offers tools for fraud protection
  • Free 24/7 support
  • Monthly gateway fee of $25
  • For every transaction, you have to pay 2.9% + $0.30
  • Easily receive payment online, offline or on mail/mobile.
  • Retail payment
  • Sync for Quickbooks
  • Recurring billing
  • Virtual terminal and batch upload
  • Customer information manager
  • E-check processing

4. Stripe

best payment gateway

An ideal end-to-end solution to process online payments. Stripe helps you to accept and manage online transactions, it is a cloud payment platform and hence a good choice for web-based businesses. One can accept more than 100 types of currency, and it is available in 25 countries. Stripes include simple PCI compliance and real-time fee reporting it accepts all major credit cards in addition to Android Pay, Apple Pay, Bitcoin, and Alipay.

Key Features:

  • Immediate debit card transfers.
  • Integrated with Bitcoin – just pay 0.8% per transactions.
  • No monthly fee.
  • Multicurrency Payouts
  • Mobile Customer Interface
  • Embeddable Checkout
  • Financial Reporting
  • Custom UI Toolkit
  • Clean Canvas
  • Invoice
  • Open-Source Plugin
  • Payment Options
  • Authorization
  • Dispute Handling
  • Consolidated Reports
  • Accounting Integrations
  • Unified Payout
  • Payout Timing
  • Roles and Permissions
  • Collaboration Notes

5. Converge Elavon

Best Payment Gateway

Increase your conversion rate by offering your customers a smooth and easy shopping experience on your e-commerce store with the cloud-hosted payment platform. It supports the full range of payment options from electronic payment solutions such as electronic checks, gift cards to cash, credit and debit cards such as Discover, American Express, Visa, Mastercard, etc and even electronic transfers. It also offers enhanced security features. It supports order placement and transaction management from the Magento Admin. With Converge Elavon experience multi-shipping and one page Magento checkout.

Remarkable features:

  • Online/Mobile payments
  • Electronic checks/gift cards.
  • Electronic benefit transfer
  • User permission management
  • EMV
  • Customizable payment screens
  • Encryption
  • Tokenization
  • Detailed reporting

6. 2Checkout

Best Payment Gateway

2checkout another known payment gateway that allows online and mobile payments worldwide is a leading global payment platform. Trusted by more than 50,000 merchants. Level 1 certified data security standards that guarantee total protection from possible frauds. Based on successful transactions it provides three pricing rates that are as below:

  • 2Sell – 3.5% + 30¢ per successful sale
  • 2Subscribe – 4.5% + 40¢ per successful sale
  • 2Monetize – 6.0% + 50¢ per successful sale


  • Supports multiple languages and currencies up to 15 and 87 languages and currencies respectively.
  • Guarantees total security with level 1 payment card industry (PCI) data security standards.
  • Supports multiple payment methods such as Paypal, Visa, MasterCard and many more.
  • Standard and Inline two customized checkout options.
  • Recurring billing and account updater.
  • Create customized subscription plans.

7. WorldPay

Payment options for e-commerce store

It is a direct processor, it does not use any third-party processor but handles out all the transactions by itself. This seamless payment gateway is in more than 120 different countries handling over 150,000 customers in the U.S.

Remarkable Features:

  • Mobile Wallets
  • Card Payments
  • Alternative Payments
  • Credit Card Machines
  • Integrated Point-of-Sale
  • Mobile & Tablet Point-of-Sale
  • Virtual Terminal
  • Shopping Carts
  • Multi-channel Payments
  • Recurring Payments
  • Hosted Payment Pages

How To Choose The Right Payment Gateway For Magento

Since we already had a look at the payment gateways, let’s move forward and see how to choose. Choosing the right payment gateway will depend on specific business needs, however, there are some common things to keep in mind while choosing one.

  1. Safe and secure interface – Data security is the most important concern. While choosing a payment gateway first thing to consider is that the payment gateway is having a power of resistance against all payment frauds.
  2. Global support – It is always suggested that the payment gateway handles more currencies, languages, countries, payment methods and cad networks. Even if you are selling locally you should consider this as these will be beneficial in the long run when your business expands.
  3. Enhanced customer experience – User interface matters a lot as they the one for whom the product is and it should be an easy process. A simple checkout process attracts customers, such as auto-fill functionality reduce customer’s stress.
  4. Grow with your business – One should choose the payment gateway that works flawlessly with large enterprises. Ultimately your business will grow so you have to consider the gateway that supports both community and enterprise Magento editions.


One should wisely choose a payment gateway for Magento for business as it is the most important aspect for any business and it will not feign if we say it is key to success. Easy to use, secure and reliable payment gateway can enhance and help to grow your business.

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Top eCommerce Payment Gateways for WordPress


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