Best Payment Gateways for eCommerce & Dropshipping in 2022

May 24, 2022

Dropshipping is the eCommerce industry’s buzzword these days. So, website builders for eCommerce are more and more popular every next day. Cashless economies are gaining popularity. Almost many nations accept simple payment options.

As a result, most Internet marketers are gearing up for a fresh start in dropshipping.

eCommerce and Dropshipping Payment Gateways: What Are They?

All of the store’s transactions are handled by an eCommerce payment gateway. The gateway simplifies and streamlines online payment processing.

All you need to do is input your credit card information on the payment gateway tab and complete the transaction. After subtracting specific fees, the payment gateway will process the payment from your credit or debit card and transmit it to the dropshipper’s bank account. After that, the dropshipper can deposit the funds into their bank account.

Tips For Choosing The Right Payment Gateway

Here are some tips to make the right choice:

Choose a well-known payment gateway in the nation where your items will be sold.
Check to see if the online banking gateway has a reasonable transaction charge.
Check to see if it works with dropshipping stores. Most eCommerce gateways do not prefer Dropshippers because of increased return rates.
Whether you want to grow into the worldwide market, see if you can use that gateway.
Examine whether it provides clients with a pleasant purchasing experience.

Best Gateways In 2022

This is a list of the most popular payment channels among dropshippers.

PayPal

PayPal is by far the most popular payment method for online merchants. It is a payment gateway that is approved in over 190 countries. It accepts Mastercard, Visa Citibank, and other major credit cards. A company PayPal account is required to begin dropshipping. However, not all countries endorse it.

Stripe

Stripe is a payment gateway founded in the United States and available in over 26 countries. All debit and credit cards are accepted. It is, however, primarily used in Ireland, Australia, and the United Kingdom. It also has WooCommerce integration. It’s much better if you offer it on Facebook Marketplace.

2Checkout

This other payment system that is available in over 80 countries is 2Checkout. It accepts all major credit cards, including Mastercard, Visa, and Diners Club. It is used in conjunction with other payment gateways in several third-world nations. Below is a list of the most popular payment gateway combinations.

Authorize.net

Authorize.net is offered in over 30 countries right now. It is one of the most established and well-known online payment gateways. Multiple extensions are included for simple interaction with WooCommerce shops. For eCommerce and dropshipping shops, Authorize.net offers the lowest transaction cost at 2.90.

Skrill

Skrill is a payment gateway with over 42 countries of availability. It charges a 1.8 percent transfer fee at checkout. It also has an official WooCommerce-based dropshipping store integration plugin.

Wepay

WePay is a digital payment alternative for dropshippers that want to integrate a secure and quick payment gateway into their website. WePay is a customizable payment system, although just a few payment alternatives are accessible.

Google Checkout

For eCommerce business operators in the western area, Google Pay seems to be another excellent choice. Most people in the United States and Europe store their money in Google Wallet. They can effortlessly pay using Google checkout because they purchase online.

This alternative is not only faster than some other dropshipping platforms, but it is also more dependable. Because the payment holder also serves as a bank account, Google checkout deducts the lowest amount.

Apple Pay

If you are looking for the most popular contactless payment system available, you might as well give Apple Pay a chance. You can utilize it for the dropshipping store, allowing customers to effortlessly pay with Apple Pay by just pressing a button. Mastercard, Visa, American Express, and many more are all accepted through the contactless payment gateway.

The Bottom Line

A payment gateway is a necessary component of every online store. Finding the correct one, on the other hand, is a challenge. So, experiment with several payment gateways and pick the one that works best. To reduce the danger of losing relevant consumers to your eCommerce businesses, use successful eCommerce payment gateways like Paypal and 2Checkout if you’re just getting started.