I’m curious to hear about some experiences with common payment gateways…
I had been using paypal, but I had a few customers file complaints 5 mins after they ordered, and paypal took the money back right away, making it impossible to build the product…
Then I had a customer file a complaint, and ship back an empty box…paypal still sided with them…I never used them again.
I was then using stripe, but I had a huge number of rejected payments, and the customers were emailing me and letting me know. I emailed their support team and asked about it, and they said they could no longer be my card processor…just like that.
So I’m looking for a new one and would like to hear what you guys use out there…
There’s so many good payment gateways out there, each with a unique set of benefits and downfalls.
A few things I always look for:
Aggregator or MSP? Aggregators tend to be convenient and quick to set up, but cost more in the long run. An MSP will connect you with a merchant account which might take longer, but there’s a good chance their rates will be cheaper in the long run.
BitPay has always been an amazing Bitcoin payment processor if that’s your thing
Paypal, Stripe, Square and Braintree are all very solid services with good services.
Perhaps consider if you will need recurring billing, invoicing, tokenization or other features before pulling the trigger on a service!