Top 15 Digital Payment Platforms and Solutions

In today's digital landscape, online payment methods are favored for their speed and security, making them essential for businesses, freelancers, and consumers alike.

From the widely-used PayPal to the innovative Stripe, numerous options are available to facilitate seamless transactions.

Top 15 Digital Payment Options

PayPal

PayPal remains the industry standard for online payments globally. It allows users to send and receive funds using only an email address, with no setup or monthly fees. Transaction fees are 2.9% plus $0.30 per transfer.

Payoneer

Available in over 200 countries, Payoneer supports more than 150 currencies. It offers a flexible API for business scalability, with low fees for sending funds and free incoming payments.

Amazon Pay

Amazon Pay enables clients to receive payments easily through a robust API. Fees for transactions under $10 are 5% plus $0.05, while larger payments incur fees from 2.9% plus $0.30.

Authorize.Net

Used by over 300,000 merchants globally, Authorize.Net caters primarily to eCommerce stores. It charges a $99 setup fee, $20 monthly, and $0.10 per transaction, integrating seamlessly with platforms like Magento and Volusion.

Braintree

Trusted by brands such as Airbnb, Braintree provides a payment gateway and merchant account without monthly or setup fees, charging 2.9% plus $0.30 per transaction.

Skrill

Supporting over 40 currencies, Skrill is known for low fees, instant deposits and withdrawals, and referral programs, making it a popular choice for international users.

Apple Pay

Apple Pay utilizes Touch ID for secure online transactions, ideal for Apple device users. Fees vary by location and transaction amount.

Due

Designed for freelancers and small businesses, Due offers invoicing and time-tracking tools with no sign-up or monthly fees. It charges 2.7% per transaction and provides online cash storage via eBank.

Dwolla

Entering the third-party payments space recently, Dwolla processes over $1 million daily. It charges just $0.25 for transactions over $10, with no fees for smaller payments.

Google Pay

Utilizing Google accounts, Google Pay facilitates easy transactions with fees of 2.9% plus $0.30 for sales under $3,000, decreasing with higher volume.

Payza

Payza stands out for accepting Bitcoin, enabling quick sending and receiving of funds without a sign-up fee. Transaction costs vary by amount.

Stripe

Tailored for developers, Stripe provides a simple API for integrations, with charges of 2.9% plus $0.30 per transaction, and no traditional registration process.

Square

Square Cash supports invoicing and card swipes with minimal fees of 2.75%. No monthly or setup costs apply, making it suitable for small businesses.

WePay

WePay offers credit card and bank transfer payments, focusing on individual users and small stores. It charges 3.5% for credit cards and $0.50 for bank transfers, with no setup fees.

2Checkout

Integrating a payment gateway with a merchant account, 2Checkout supports credit card and PayPal transactions globally. It charges a monthly fee of $10.99 plus 3.99% and $0.45 per transaction.