What is a Payment Gateway?

Payment gateways are a technology that allows and transfers information about payments from customers. The payment gateway can safely verify the details of the customer's card, making sure that funds are accessible and making the payment to merchants.

In another way, a gateway acts as a middleman between merchants and customers and ensures that transactions complete efficiently and securely.

It is not just a fast and secure payment option but also eases use and efficiency when making payments. The service could offered by a financial institution or the bank's authorized payment service provider.

8 Best UK Payment Gateways:

1. Authorize.Net

Authorize.Net is an online payment gateway that accepts transactions and provides all the features an eCommerce company requires to accept credit card transactions. Authorize. The net was established in 1996 by Jeffery Gentry and Andrew Viterbi and has grown to become a global payment provider with an annual average of over $100 billion of transactions.

The UK payment gateway is compatible with various payment options, including debit cards, credit cards, prepaid cards, and electronic check payments. Authorize.Net is a third-party payment gateway that offers payment processing for credit cards and debit cards for merchants.

Their services include: Card present transactions, credit payment authorization, and also settlement Authorization, capture and settlement of the majority of debit cards, including PIN Debit Automated clearinghouse (ACH) provider service to savings, checking and other deposits.

2. PayPal

PayPal is thought to be the most well-known, trusted and popular brand for payment gateways. It was founded in 1998 and is the creator of a range of security tools. PayPal is present in more than 200 countries across the world. Additionally, it has 360 million active users and accepts more than 100 currency transactions.

It is compatible with nearly every debit and credit card. Many big companies like Amazon, Goldsmiths, and Littlewoods use PayPal as a payment gateway. PayPal offers world-class security when making online transactions. It continuously monitors transactions that protect the users from being a victim of fraud.

PayPal has earned huge recognition and won more than 20 awards of excellence from the web business community and the industry. They've won many awards, including the Webby Award and Webby People's Voice Award in 2006 for the most outstanding Financial Services site. The site is renown for quick transfers and is user-friendly for business.

3. Stripe

Stripe is an American-Irish software and financial services firm with two offices, with its headquarters in San Francisco and Dublin. The payment services offered by Stripe in the UK are gaining popularity due to their clear pricing. It is possible to establish automatic direct debit and billing services with Stripe.

The Stripe platform is designed to suit any size business and also offers the option of a hosted payment page or full integration into websites. The payment gateway is the only bespoke payment gateway for the UK and offers payment gateways with various APIs.

You can change the payment gateway's appearance to match your store's style, allowing you to provide a pleasant shopping experience. It is compatible with almost all credit and debit cards and accepts payment in over 100 currencies. The Stripe payment gateway is based in the UK and is backed by well-known brands across the globe, such as Google, Shopify, Amazon, Wayfair, Unicef, etc.

4. Opayo

Sage Pay is a part of the Sage Pay group and is also frequently referred to by the name Sage as it is the second largest technology firm. Sage Pay, now Opayo, is located in Newcastle upon Tyne, United Kingdom. It's a secure and reliable payment option for merchants.

Sage Pay is trusted by companies like Krispy Kreme, Lola's Cupcakes, Europcar, and Cass Art London. To Magento 2 store owners, join these brands using the Sage Pay capabilities by installing Magento 2 Opayo Payments extension for your store! It integrates the Opayo payments gateway API into Magento 2. Store.

Opayo is a one-stop merchant account and company that provides payment services. It also offers various payment solutions for offline and online companies. Opayo is thought to be one of the top international payment gateways available in the world. It lets you pay with credit and debit cards from every company and can process payments in over 25 currencies!

5. Amazon Pay

If you need to make a payment online, Amazon Pay is a tool you can use. It was first introduced to the public in 2007 and is currently operated by Amazon. One of the many benefits of using Amazon Pay is utilizing one's Amazon account to pay for goods purchased on Amazon.com.

This makes online payments easier and streamlines the shopping cart checkout procedure. Providing your name, email address, and password in addition to your shipping and billing information when requested by the page is all required to complete the transaction.

Using Amazon Pay, customers can pay for their Amazon.com purchases with their credit card or Amazon Pay balance. It was to provide customers with a secure alternative payment option that Amazon Pay was introduce in 2007.

6. Braintree

Braintree offers a payment gateway for all eCommerce platforms. Magento 2 supports Braintree, for example. Braintree is a payment gateway for small and medium-sized enterprises.

PayPal bought the company in 2013 and ran it as a subsidiary. Braintree has processed over $30 billion in payments. It accepts credit, debit, and ACH payments. Customers can pay easily.

They can buy without leaving the site or downloading an app. Braintree offers free fraud prevention for all merchants, with payer authentication and recurring billing. Braintree is easy to configure and use.

7. 2Checkout (Verifone)

For online stores, 2Checkout is a safe and reliable payment gateway. As a result of its many useful functions, it facilitates the development of merchants' businesses. Two-Checkout is a payment gateway streamlining the e-commerce experience for customers and merchants.

Merchants can use 2Checkout, a payment gateway, to take payments by major credit cards, electronic bank transfers, and various cryptocurrencies. 2Checkout has been in business for 20 years and is use in more than 170 countries.

Some of the capabilities it has are automatic billing and tokenized financial dealings. When consumers click the "Checkout" button, they taken to 2Checkout, where they can pay using various credit cards, bank transfers, and cryptocurrencies, among other options.

8. Cardstream

Cardstream is a payment gateway that gives merchants a low-cost, user-friendly and effective method of accepting online transactions. The cardstream is an online payment processor that accepts all major credit and debit cards. The Cardstream network is available to more than 27 countries and covers more than ninety percent of the world's population.

The company also provides an option to customize the checkout process to make purchasing more user-friendly for customers worldwide. Cardstream provides an online payment processor that offers its users a broad range of options. It also gives merchants a variety of payment options for their clients.

Cardstream is a payment gateway that allows rapid, secure, and reliable payment options. This expansion of Stripe has enabled thousands of businesses to accept online payments.