Making the right decision about which payment gateway to implement on your e-commerce site can feel like mastering a new language. If you’re a business owner in Australia, we’ve got your back! Don’t lose sleep over terms like “chargeback”, “payment processor”, and “API”. This blog post will guide you through the top payment gateways in Australia, explain their features in plain English, and help you find the right fit for your online store.
Navigating the Top 7 Payment Gateways in Australia
Below are some popular payment gateways in Australia. These are not ranked, as the “best” gateway will depend on individual business needs and circumstances.
eWay: With over 250 integrations, eWay supports a wide range of platforms like Magento, Shopify, WooCommerce, BigCommerce, and WP e-commerce. They provide a variety of plans to choose from according to your needs.
SecurePay: Operating since 1999, SecurePay offers detailed reporting, several payment options, advanced fraud protection, and the chance to work directly with your bank or financial institution.
Square: Square stands out with its array of features. With its end-to-end encryption for transactions, next business day deposits, and special iPad app for brick-and-mortar stores, it provides a holistic solution for various business needs.
WorldPay: Serving in over 146 countries and supporting 126 currencies, WorldPay offers a host of services, including helping customers get a PCI DSS compliance certificate and built-in fraud prevention tools.
Pin Payments: Known for multi-currency transactions, Pin Payments supports a myriad of platforms, making it user-friendly. It also provides a test environment for you to understand their working mechanisms better.
ANZ eGate: Originating from a renowned financial institution, ANZ eGate is an excellent choice for those who desire a secure, reliable payment gateway that integrates seamlessly with most online shopping cart platforms.
2checkout: Perfect for businesses that have a global customer base, 2checkout supports 87 currency options and converts prices in 15 different languages.
The decision you make will fundamentally depend on your business and its needs, including your average transaction volume, international selling needs, and desired fraud protection levels. There’s no one-size-fits-all solution, and we recommend taking the time to analyze each gateway platform and pick the one that aligns perfectly with your business model.
Remember, choosing the perfect payment gateway is an investment in your e-commerce platform. It will help streamline your payment process, provide a smooth experience for your customers, and ensure your business operates effectively and efficiently.
Remember, the final choice is unique to your business requirements. Check the various features, verify integration capabilities with your current systems, and ensure their pricing aligns with your business budget. Your payment gateway is your customers’ final step in their transaction journey— it’s essential to make it smooth, secure, and seamless.
