Several payment solutions are well-suited for wholesale Ecommerce, each offering unique features and benefits. Below is a summary of some of the best options based on recent insights.
Stripe
Stripe is a leading choice for Ecommerce payment solutions, known for its flexibility and ease of integration. It supports over 135 payment methods and currencies, making it suitable for businesses of all sizes. Stripe offers features like a pre-built payment form, API integration, and built-in anti-fraud capabilities. Its standard pricing is 2.9% plus $0.30 per transaction, with custom pricing available for larger businesses.
PayPal
PayPal is a globally recognised payment solution, ideal for both small and large enterprises. It supports over 200 markets and 50 currencies, providing a wide array of payment options including online payments, in-person transactions, and mobile payments. PayPal’s transaction fees are 3.49% plus $0.49 per transaction for digital payments, making it a reliable choice for various Ecommerce needs.
GlobalPay
GlobalPay is designed for international transactions, offering a seamless experience for businesses operating globally. It provides various payment methods and currencies, making it easier for businesses to cater to diverse customer bases. Specific features and pricing details were not highlighted in the search results, but it is recognised for its global reach.
Elavon
Elavon focuses on providing secure payment processing solutions for businesses. It offers various payment options and is particularly noted for its fraud protection features. While specific pricing details were not mentioned, its reputation in the industry suggests it is a solid choice for businesses looking for reliable payment processing.
Cashflows
Cashflows is a fintech company that specialises in providing innovative payment solutions for small corporates and SMEs. The company offers a range of services, including accepting card and digital payments online, which helps businesses streamline their payment processes. Cashflows is committed to providing innovative products with purpose and solutions that solve real problems for its customers and partners. The company has been recognised for its innovative offerings, including being shortlisted for two categories at the FStech awards for Best Use of AI in Financial Services and Most Innovative Product of the Year for its Fast-Onboarding feature.
WorldPay
WorldPay is a popular international payment gateway known for its secure and fast payment processes, making it a preferred choice for businesses globally. It offers comprehensive payment solutions, including debit, credit, prepaid cards, contactless payments, and digital wallets, ensuring seamless transactions for retailers.
GoCardless
GoCardless is a UK-based payment provider that specialises in direct debit and ACH payments. It is particularly useful for businesses that need to collect recurring payments, such as subscription-based services or online marketplaces. GoCardless is known for its secure infrastructure, low processing fees, and easy-to-use dashboard, making it a cost-effective and reliable option for businesses.
Nuapay
Nuapay specialises in open banking solutions, allowing for direct bank transfers and instant payments. This can be particularly beneficial for wholesale transactions where larger sums are involved. While specific features and costs were not detailed, its focus on direct payments can enhance transaction efficiency.
PayStack
PayStack is a popular payment solution in Africa, known for its user-friendly interface and robust features. It supports various payment methods and currencies, making it suitable for businesses in emerging markets. Specific pricing and feature details were not provided, but it is recognised for its ease of use and integration capabilities.
Bank of Ireland Payment Acceptance (BOIPA)
BOI offers payment processing solutions tailored for businesses in Ireland. It provides secure payment options and is integrated with various Ecommerce platforms. While detailed features and pricing were not discussed, it is a reliable option for businesses operating within the region.
Conclusion
When selecting a payment solution for wholesale Ecommerce, consider factors such as transaction fees, supported payment methods, integration capabilities, and the specific needs of your business. Stripe and PayPal are particularly strong contenders due to their extensive features and global reach, while some of the other payment gateway solutions cater to specific needs in international and direct bank transactions.
Although JustSell Ecommerce has payment gateways integrated but we don’t restrict our customers to a particular payment provider. Enjoy freedom of using your own payment gateway using JustSell.
