Stripe Logo
Stripe
4.6
  • Outstanding user reviews
  • Supports more than 135 currencies and payment methods
  • Integrates with other popular applications
Best Overall
Visit Stripe
Stripe is one of the largest payment platforms in the world, offering an intuitive interface and the flexibility to match nearly any use case. It supports more than 135 different currencies and payment methods, and subscribers can leverage the service for e-commerce sales, software-as-a-service (SaaS) subscription fees, creator economy exchanges, and many other setups. With the perfect balance of usability and functionality plus excellent marks in user reviews, Stripe was a clear choice as the best overall payment gateway software in 2022.

Integrations are another key advantage of the Stripe platform. Stripe can connect to some of the most popular third-party software including e-commerce, accounting, customer relationship management (CRM), and other applications. If you need to integrate Stripe with a platform that isn't currently supported, you can work with one of its verified partners to set up a custom integration that makes sense for your workflow.

Standard Stripe subscriptions are available for a fee of 2.9% of payments plus an additional 30 cents for each successful card charge. That cost includes payment processing, an embeddable checkout sequence, 24/7 customer service availability, and real-time financial reporting plus integrations with QuickBooks and NetSuite. While that plan should cover most users, Stripe also offers custom solutions for organizations with a high volume of payments or an unusual business model.

Pros & Cons

Pros

  • Outstanding user reviews
  • Supports more than 135 currencies and payment methods
  • Integrates with other popular applications

Cons

  • Charges 2.9% plus 30 cents per transaction

What Customers Are Saying

Stripe has received thousands of user reviews, and customers are generally very satisfied with the application. Most criticisms focus on small issues with understanding the user interface and figuring out how to fully leverage the platform's features.

Summary

  • Starting Price
    • 2.9% + 30¢ Per Successful Card Charge
  • Free Trial/Demo
    Demo only
  • Support Types
    Email/Help Desk
    FAQs/Forum
    Knowledge Base
    24/7 (Live Rep)
    Chat
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.6
Billtrust Logo
Billtrust
4.8
  • Unmatched customer feedback
  • Supports many payment methods
  • Streamlines invoicing
Best User Review Score
Visit Billtrust
User reviews play a key role in our software evaluations, giving us unique insight into how each application works for real customers. Billtrust stood out to us due to its incredibly high average score of 4.8 out of 5 over a sample of roughly 100 reviewers. While that's not as much feedback as major providers like Stripe and PayPal, it's enough for us to be confident in what Billtrust offers. It was easy to choose Billtrust as the payment gateway software in 2022 with the best user reviews.

With Billtrust, users can set up a customizable payment portal and accept a variety of payment methods. The application currently supported credit cards as well as wires, automated clearing house (ACH) payments, electronic funds transfer (EFT) transfers, and more. Billtrust also offers comprehensive invoicing tools, including access to multiple locations where users can print out physical copies of their invoices.

Billtrust charges customers a variable rate based on their volume and needs, so you'll need to contact them directly for more information about pricing. We weren't able to find any information about a free version of the software or even a free trial, so you might not have much of a chance to test out the application before starting a subscription. However, the Billtrust team should be able to explain the platform's features and answer any questions you might have.

Pros & Cons

Pros

  • Unmatched customer feedback
  • Supports many payment methods
  • Streamlines invoicing

Cons

  • No trial or free version

What Customers Are Saying

Billtrust made our list due to its overwhelmingly positive user reviews. Customers appear to be particularly satisfied with the platform's ease of use as well as the reliability of its customer service.

Summary

Billtrust Logo
Billtrust
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Demo only
  • Support Types
    Phone Support
    Ticket
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.8
PayPal Logo
PayPal
4.6
  • Works for individuals, businesses, fundraisers, and more
  • Easy to use
  • Strong customer reviews
Best Flexibility
Visit PayPal
Along with Stripe, PayPal is one of the most famous payment gateways for everyone from individual eBay vendors to freelancers and even businesses. PayPal enables users to accept personal or company payments, create, send, and track invoices, raise money for causes, configure quick response (QR) codes and crypto payments, manage rewards payments, and more. Whatever you need to process payments for, PayPal is the most flexible option we've seen in 2022.

PayPal is accessible on desktop as well as Android and iOS mobile devices. The dashboard makes it easy for users to manage all kinds of payments, including functions like reloading prepaid phones and adding loyalty cards that aren't supported by most other payment processors. It offers a PayPal Cash debit card that enables users to pay for purchases using their PayPal balance.

Payment processing fees depend on the specific type of payment involved. For example, merchant checkout costs 3.49 percent plus an additional fee depending on the currency received. There are also variable fees for buying and selling cryptocurrencies, starting at a flat 50 cents for transactions up to $24.99. From there, you'll pay 2.30 percent ($25 to $100), 2.00 percent ($100.01 to $200), 1.80 percent ($200.01 to $1,000), or 1.50 percent ($1,000.01 and up) depending on the value of the transaction.

Pros & Cons

Pros

  • Works for individuals, businesses, fundraisers, and more
  • Easy to use
  • Strong customer reviews

Cons

  • Complicated fee structure

What Customers Are Saying

PayPal has more reviews than any other payment gateway software, with feedback from tens of thousands of users. While we gave Billtrust the title of "best user review score," PayPal wasn't far behind with an average of 4.6 out of 5 and a much larger sample.

Summary

  • Starting Price
    • $0.04 /month
  • Free Trial/Demo
    Free Version Available
  • Support Types
    Email/Help Desk
    FAQs/Forum
    Knowledge Base
    Phone Support
    Chat
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.6
Bolt Logo
Bolt
4.6
  • Strong user reviews
  • Powerful marketing features
  • Streamlines checkout
Best for Sales
Visit Bolt
While a basic payment processor might be enough for certain users, some organizations need a more comprehensive e-commerce platform to get their products out there and maximize sales. On top of checkout and payment processing, Bolt also gives clients access to an exclusive set of clients. Once a consumer makes their first Bolt purchase, it'll create an account and have built-in access to the rest of the Bolt network. It's the best payment gateway software in 2022 for companies that need help with outreach, lead generation, and overall revenue.

The checkout process is often where sales are lost, and the Bolt checkout makes it much easier for users to complete their purchase. Removing friction from the buying experience helps you generate more repeat orders. Bolt also comes with a 100 percent fraud chargeback guarantee, ensuring that you won't be on the hook for any fraudulent charges.

Unlike some other payment processors, Bolt charges a variable rate for each unique client. After completing a short questionnaire with basic information such as your name, contact information, and annual online sales volume, it'll work with you to come up with a solution to match your business. User reviews indicate that Bolt may be more expensive than some competitors, but it also comes with more features than an average payment gateway.

Pros & Cons

Pros

  • Strong user reviews
  • Powerful marketing features
  • Streamlines checkout

Cons

  • No standard payment processing rate

What Customers Are Saying

Bolt's average review score of 4.6 out of 5 gives us a lot of confidence in the platform, and we were able to find more than 100 reviewers. While some users felt that they were paying more than they would for another payment processor, most of them seemed satisfied with the overall value the platform offers.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free trial
  • Support Types
    Phone Support
    24/7 (Live Rep)
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.6
Adyen Logo
Adyen
4.2
  • Sleek interface
  • Integrates with most third-party applications
  • Supports online and in-app payments plus in-store point of sale
Easiest to Use
Visit Adyen
Processing payments can be inefficient for both sellers and buyers, especially if you're dealing with a complicated checkout sequence. Streamlining checkout and payments minimizes lost sales and helps you move more leads through the customer journey. Adyen supports both online and in-store payments with a simple setup and interface that makes things easy for both sides. It also integrates with many of the most common productivity applications, making it the easiest payment gateway software to use in 2022.

It's also worth mentioning that Adyen supports recurring subscription fees as well as payment processing for individual transactions. Subscription-based brands can leverage Adyen for a streamlined sign-up form, optimizing lead generation by reducing friction in the subscription process. Adyen even offers a unique card issuing feature, enabling users to customize and generate both physical and virtual payment cards.

Adyen is compatible with most major types of payment, but fees vary dramatically depending on the region and the payment method being used. United States payments are generally charged a 12-cent processing fee plus an additional fee based on the payment method — for example, you'll lose an extra 3.95% of the sale value for American Express payments.

Pros & Cons

Pros

  • Sleek interface
  • Integrates with most third-party applications
  • Supports online and in-app payments plus in-store point of sale

Cons

  • Substantial fees for some payment types

What Customers Are Saying

Adyen has received some mixed reviews, but it still has a decent average score of 4.2 out of 5. The most common complaint we saw was simply that the platform is too expensive relative to the competition — particularly for low-volume merchants who can't afford to spend as much on payment processing.

Summary

  • Starting Price
    • $0.12 Processing fee
    • 4% Payment fee
  • Free Trial/Demo
    Free trial
  • Support Types
    Email/Help Desk
    FAQs/Forum
    Knowledge Base
    Phone Support
    24/7 (Live Rep)
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, NZD
Ratings
  • User Review Score: 4.2
Authorize.Net Logo
Authorize.Net
4.0
  • Less expensive than most payment processors
  • Built by Visa
  • Customizable plans for businesses with more than $500,000 in annual sales
Most Affordable Option
Visit Authorize.Net
All-in-one payment processors like Adyen and Stripe offer many features, but they can also pull substantial revenue out of your company. If you're looking for a low-cost payment gateway, it's hard to find a better option than Authorize.Net. For $25 per month for the gateway itself, 10 cents per transaction, and another 10-cent daily batch fee, you'll be able to process up to $500,000 in annual sales. It's the most affordable platform in 2022 for low- to mid-volume businesses that don't want to break the bank for a payment gateway.

Like other providers we've covered, Authorize.Net supports online and in-app payments plus additional types of payments including electronic checks, mobile wallets, monthly subscriptions, and point of sale transactions with a mobile card reader.

Along with the payment gateway option, Authorize.Net also provides a more comprehensive solution similar to Stripe and Adyen. That plan charges 2.9 percent of sales plus 30 cents per transaction, but it also adds extra tools. Unfortunately, its website doesn't offer much information about the additional features of the all-in-one option, so we would recommend reaching out to the Authorize.Net sales team with any further questions.

Pros & Cons

Pros

  • Less expensive than most payment processors
  • Built by Visa
  • Customizable plans for businesses with more than $500,000 in annual sales

Cons

  • Issues with customer service

What Customers Are Saying

Authorize.Net has an average review score of just 4.0 out of 5, putting it well below most of the other providers we've covered. Despite its claim of 24/7 support availability, we found numerous criticisms of its customer service team.

Summary

Authorize.Net Logo
Authorize.Net
  • Starting Price
    • Monthly gateway: $25
    • Per transaction 10¢, daily batch fee 10¢
  • Free Trial/Demo
    Free Version Available
  • Support Types
    Email/Help Desk
    FAQs/Forum
    Knowledge Base
    Phone Support
    24/7 (Live Rep)
    Chat
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, NZD
Ratings
  • User Review Score: 4.0
Payoneer Logo
Payoneer
4.1
  • Offers eight different international accounts
  • Available on iOS and Android
  • Streamlines VAT and payments to contractor
Best for International Accounts
Visit Payoneer
While some of the payment gateways we've looked at offer limited support for international payments, Payoneer goes beyond when it comes to international accounts. Companies that do business in multiple countries can set up a local account in eight different currencies: U.S. dollar, British pound, euro, Australian dollar, Canadian dollar, Singapore dollar, Japanese yen, and Hong Kong dollar. From there, incoming funds can be converted into more than 150 different currencies and withdrawn into a local account. It's the best payment gateway software in 2022 for businesses that rely on international accounts.

Payoneer users can also leverage the platform to pay value-added taxes (VAT) in different currencies without having to first transfer the funds to a local account. This applies to both United Kingdom and European Union VAT, making Payoneer an ideal choice for businesses that sell to customers in Europe. VAT refunds can even be sent directly to your Payoneer account.

Like Bolt and some other competitors, Payoneer charges a custom rate for each account. With that in mind, it's impossible to predict how much you might end up paying for the service. You can schedule a demo with its team to discuss your budget and needs and develop a custom solution that makes sense for your business.

Pros & Cons

Pros

  • Offers eight different international accounts
  • Available on iOS and Android
  • Streamlines VAT and payments to contractor

Cons

  • Some negative user reviews

What Customers Are Saying

Payoneer's average score is lower than average at 4.1 out of 5, but most of the criticisms we saw involved things like high fees and long transfer times. On the other hand, several different customers mentioned that the platform had streamlined its approach to international payments.

Summary

Payoneer Logo
Payoneer
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Demo only
  • Support Types
    FAQs/Forum
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.1
Braintree Logo
Braintree
4.1
  • Offer native checkout for purchases through partners or service providers
  • Works with PayPal and Venmo plus debit and credit cards
  • Supports more than 130 currencies and more than 45 countries
Best for Businesses with Partners or Service Providers
Visit Braintree
As e-commerce takes a larger and larger share of the global economy, the market for intermediaries continues to expand accordingly. From cash-back platforms like Rakuten to aggregators like Kayak, companies are finding innovative ways to make the buying process easier while keeping a piece of the pie for themselves. The Braintree Extend feature enables these types of businesses to integrate outside purchases into a native checkout sequence without adding any complications. Skyscanner, for example, leverages Braintree to book flights within its website instead of clicking through to the airline's site. Braintree is the best payment processor in 2022 for businesses that sell products from partners, service providers, or other third parties.

As a PayPal service, Braintree is also well suited to companies that regularly accept payments through PayPal or Venmo. Those can be integrated along with credit cards, debit cards, mobile wallets, and other methods into a single payment sequence. In total, Braintree supports a total of more than 130 currencies and more than 45 different countries.

In general, Braintree charges a processing fee of 2.59 percent plus 49 cents per credit card, debit card, and mobile wallet transaction. However, there are extra fees for transactions in currencies other than U.S. dollars as well as transactions using cards issued outside of the U.S. Venmo transactions are charged 3.49 percent plus 49 cents, while ACH costs just 0.75 percent per transaction (maximum of $5).

Pros & Cons

Pros

  • Offer native checkout for purchases through partners or service providers
  • Works with PayPal and Venmo plus debit and credit cards
  • Supports more than 130 currencies and more than 45 countries

Cons

  • Middling user reviews

What Customers Are Saying

Braintree has a mix of positive and negative reviews, with a mediocre average score of just 4.1. We found many complaints about the platform's customer service, as some users don't feel that it lives up to the experience they expect from PayPal.

Summary

Braintree Logo
Braintree
  • Starting Price
    • 2.59% + $.49 Per Transaction
  • Free Trial/Demo
    Demo only
  • Support Types
    Email/Help Desk
    FAQs/Forum
    Knowledge Base
    Phone Support
  • Multiple Currencies
    USD, EUR, NZD, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.1
Paytm Logo
Paytm
4.6
  • Impressive invoicing features
  • Excellent user reviews
  • Pay vendors with your credit card
Best for Invoicing
Visit Paytm
Paytm is a payment processor and business management tool that's designed to help users oversee their invoices and bills. You can pull up paid, upcoming, and overdue bills by vendor and amount quickly, with all incoming and outgoing invoices integrated into its interface. It also comes with invoice tracking plus support for multiple payment methods, including credit cards — even with vendors that don't accept them. It's the best payment software in 2022 for businesses and freelancers that need help managing their bills and invoices.

The full range of Paytm's billing features includes deferred and recurring payments, plus the option to pay with one payment while delivering the payment with another. Help is available through both phone and email, but we noticed that many negative user reviews focused on the platform's unreliable customer service.

We were also happy to see that Paytm offers a straightforward pricing system that makes it surprisingly affordable for users that mostly rely on ACH transfers. On top of a flat subscription fee of $15 per month, you'll also pay $9.99 per same-day ACH transfer and 2.9 percent of each credit card transaction. However, conventional ACH transfers — which may take up to five business days — are totally free for Paytm subscribers.

Pros & Cons

Pros

  • Impressive invoicing features
  • Excellent user reviews
  • Pay vendors with your credit card

Cons

  • Potential issues with customer service

What Customers Are Saying

While we found some criticisms of Paytm's customer service, almost every user had good things to say about its functionality and overall value. Reviewers also seem to like the platform's design and its ability to streamline complicated payment processes.

Summary

  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Demo only
  • Support Types
    FAQs/Forum
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.6
2Checkout Logo
2Checkout
4.2
  • Used by companies in more than 180 countries
  • Helpful revenue recovery tools
  • Integrates with Shopify, Wix, and other platforms
Honorable Mention
Visit 2Checkout
2Checkout, now marketed as Verifone, is a payment and monetization service that supports companies in more than 180 different countries around the world. It starts with processing for credit card and PayPal payments, but it also integrates with a variety of popular online shopping sites, such as Shopify and Wix. Furthermore, the checkout process can be localized into one of 29 languages, and users can leverage recurring billing to earn revenue through a subscription model.

One thing that stood out to us while evaluating the 2Checkout platform is its unique set of revenue recovery features. For example, it attempts to process international payments automatically through the gateway that's best suited to that specific transaction. Users can even set up custom authorization policies to balance their revenue with the preferences of their customers. Revenue recovery data is displayed clearly in a unified dashboard, showing users exactly how much they've earned through different tactics.

Unfortunately, 2Checkout is significantly more expensive than some of the other services we've looked at. The most affordable plan still costs 3.5 percent plus 35 cents per successful sale, while the full-service 2Monetize tier comes in at 6 percent plus 60 cents per successful sale. 2Monetize is built for international commerce with features like invoice management and global tax and regulatory compliance.

Pros & Cons

Pros

  • Used by companies in more than 180 countries
  • Helpful revenue recovery tools
  • Integrates with Shopify, Wix, and other platforms

Cons

  • Higher fees than some competitors

What Customers Are Saying

2Checkout's average review score of 4.2 out of 5 puts it roughly in line with some competitors, although it's substantially lower than the top providers. Along with its higher fees, we also found some negative comments about its customer service.

Summary

2Checkout Logo
2Checkout
  • Starting Price
    • 2SELL: 3.5% + $0.35
    • 2SUBSCRIBE: 4.5% + $0.45
    • 2MONETIZE: 6.0% + $0.60
  • Free Trial/Demo
    Demo only
  • Support Types
    FAQs/Forum
    Knowledge Base
    Phone Support
  • Multiple Currencies
    USD, EUR, GBP, AUD, CAD, JPY, PHP
Ratings
  • User Review Score: 4.2

How We Chose the Best Payment Gateway Software

Whether you're a dropshipper, e-commerce vendor, physical retailer, or some combination, you need a payment gateway to accept and manage payments. Businesses have more choices than ever when it comes to payment gateways, and each one is unique with respect to its pricing, interface, and functionality.

With that in mind, it can be surprisingly difficult to identify the platform that makes the most sense for your organization. We focused on these three criteria to bring you the ten best payment gateway services available in 2022.

Functionality

Naturally, the first question you'll have when looking at a new piece of payment gateway software is "what can this do for my business." Each company has a totally different business model, revenue stream, and workflow, so it's critical to find a platform that fits nicely into your existing processes.

Stripe, for example, comes with an embeddable checkout sequence that makes it easier for users to complete their orders. Adyen even enables users to issue their own virtual or physical payment cards while Bolt offers access to an exclusive network of consumers. Of course, the most important features for you depend on your company's workflow.

Pricing

Pricing for payment gateways can be complicated, so it's a good idea to calculate a rough estimate of how much you'll pay for each platform you're considering. Providers often charge a consistent percentage of total sales along with a per-transaction fee — for example, Stripe users pay 2.9 percent plus 30 cents per transaction.

Of course, it may be worth paying a higher rate in some cases if the provider offers particular features or services that you rely on. We've covered pricing for every platform on the list and compared the value of each one for different use cases.

Customer Service

As with any other business software, you need a payment platform that can keep up with your organization. A reliable provider should give you detailed support information as well as customer service during business hours (or even beyond).

We looked at each application's support methods and availability along with its performance in user reviews. Certain providers brag about 24/7 availability, but some of those claims are contradicted by real experiences. While we usually select a platform with the best customer service, we weren't able to do so in this case due to a surprising number of negative reviews.

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