Which Payment Option is Right for Me?

 

There are dozens of Payment Gateway options for WooCommerce.

What is a payment gateway? ↑ Back to top

A payment gateway in WooCommerce terms is a WordPress plugin for WooCommerce that allows customers to pay for goods and services using a payment system such as PayPal or Stripe.

  • All require an account with the Payment Gateway company.
  • Each has terms and fees set by the Payment Gateway company, which is separate from the WooCommerce extension subscription. Contact the Payment Gateway company directly, with questions about account requirements, terms and fees.
  • Some have multiple options based on different account types, transaction types or redirect methods, such as PayPal and Authorize.net.

Comparison charts for PayPal, CyberSource and Authorize.net.

How to choose a payment gateway ↑ Back to top

When selecting and setting up up a Payment Gateway, it’s important to consider:

  • Cost
  • Location
  • Security
    • Redirect: Customer is forwarded to the Payment Gateway site to process payment, then redirected back to your site to complete checkout.
    • Direct: Customer purchases and pays directly on your site, requiring an SSL certificate as part of PCI Compliance.
  • Support for WooCommerce Subscriptions (if applicable)

Cost ↑ Back to top

Startup and ongoing costs are different for each payment gateway and can consist of:

  • Purchase of the payment gateway, if not free
  • Signup fee charged by the payment gateway company/processor
  • Monthly/yearly subscription fees
  • Transaction fees

Location ↑ Back to top

Shop location and currency are factors. A payment gateway company/processor may only serve merchants based in certain countries. If it only supports U.S. dollars and accepts U.S. shop owners, shop owners in Canada and Europe cannot use it.

However, customers from all over the world can use the gateway to check out and pay. More info at: What to Consider about Payments when Selling Internationally.

Filter our payment gateway plugins by country:

Filter gateways by country

Security ↑ Back to top

Shop owners accepting payments have a responsibility to protect sensitive customer information, such as email addresses, shipping addresses and billing information.

To do this, most payment gateways require an SSL certificate. This encrypts communications between your site and customers, and your site and the payment processor. More info at: SSL FAQ.

Other steps to secure your site are covered by the Payment Card Industry Data Security Standard (PCI-DSS), which apply to anyone storing, processing or transmitting credit card data. More info at: PCI-DSS compliance and WooCommerce.

Support for Subscriptions ↑ Back to top

Should you wish to sell Subscriptions (separate purchase), you must choose a payment gateway that supports manual or automatic recurring payments. More info at: Subscription payment methods and gateways.

How many do I need? ↑ Back to top

You need at least one payment method to collect payment on your site.

  • One: Only having one way for customers to pay is a risk, as payment gateways can encounter down time or another unforeseen issue.
  • Two: Offering different payment options increases the possibility that customers can always check out and complete payment.

Too many payment gateways can overwhelm customers with choice and make your site administration more complex. Choose according to shop requirements and business needs.

Here’s an example of two payment gateways on the checkout page:

Example payment gateways

Free vs. Premium ↑ Back to top

Our WooCommerce plugin gives you several free payment options to use, called Core Payment Options. Should you wish to use something different, you can select and purchase a Premium gateway.

Core gateways (free) ↑ Back to top

Payment gateways and options included in WooCommerce for *free are listed at: Core Payment Options.

*PayPal and Stripe charge fees and require you to set up an account. WooCommerce.com charges you nothing.

Premium gateways ↑ Back to top

Paid payment options available: Premium Payment Gateway extensions. In the left sidebar, search by Direct, form, iFrame, Offsite (Indirect) or Country.

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