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Top 10 List of Online Payments Processing Sites
Here I have presented the best 10 online payment processing sites along with their features in some detail.
# 1. Paypal.com
It is the world’s largest and most widely used online payment processing site for making security on online payments. Almost all online purchasing sites provide an option to pay through PayPal. Uses of PayPal make your debit or credit card invisible and help to make your cards more secure while purchasing.
You can pay for free for online purchases and it takes 2.4% plus $0.30 USD while getting paid. Personal payment is free when you use your PayPal balance and when you use a credit card it takes 3.4% plus $0.30 USD.
Mass payment to more than one at a time is also possible with just a click, which makes your payment task more convenient, effective, and flexible. PayPal allows you to link your bank account to make payments through your bank account. If you’re from India, you might be asked for your IFSC code while adding your bank to Paypal. To get the IFSC code of SBI and other banks, you can visit MyIfscCode.
# 2. Payoneer.com
Payoneer is an industry-leading global payments company for the easiest, cheapest and fastest way of getting paid for independent workers and affiliates in more than 200 countries worldwide. It provides a simple, secure, and compliant way of payment for small to large businesses with using prepaid cards, deposits to local banks worldwide, and global wire transfers.
By using the prepared MasterCard provided by Payoneer, you can receive payments from a US payment service or from debit or credit cards and can withdraw money anywhere in the world where MasterCard is accepted.
# 3. Web Money
It is the system for online business activities owned by the Russian company Web Money Transfer Ltd. for the purpose of online payment processing services. It is mainly focused on Russia and is now used worldwide. It can be sued even with no bank account or credit to open and operate a web money account.
The services provided by WebMoney are WebMoney banking, mass payment, merchant services, Escrow services, and other online payment services. You can add or withdraw funds to or from your web money account through wire transfers, WM cards, money transfer systems, etc.
Its system supports several types of purses like Z-purse, WMZ(In USD), E-purse WME(In Euros), R-purse WMR(In Russian Rubles), etc. For each transaction, you will be charged a 0.8% fee with a maximum of 50 WMZ.
# 4. Skrill.com (Moneybookers.com)
Skrill is a company located in England that processes payments online with e-wallet service to the world. It provides online payment processing services both for all individuals and all businesses to pay and get paid globally. Skrill provides to their users to create their accounts for free.
The fees taken by skrill depend on whether you are using your skrill account for personal or commercial purposes. It takes a 1% fee up to €10 or equivalent and doesn’t apply fees for individual customers. The fee may vary for the business account according to the type and nature of your business. It does not take any fee for uploading funds using bank wire and takes €2.95 for withdrawing funds from skrill’s account. For more information about skrill’s fee structure visit the fee structure.
# 5. Wise.com
It was another best option for online payment processing that provides international money transfers worldwide. Wise provides a variety of options for sending and receiving money aboard in a local currency without any extra hidden fees. It allows you to create and manage multi-currency accounts and exchange money between different currencies. You will get a local currency account for the most popular currencies and will receive the payments on that account directly.
# 6. Payza.com
It is also the largest and globally accepted online payment processing site for individuals and business corporates around the world. Payza e-wallet provides convenient and flexible loading and withdrawing options such as local bank transfers, global wire transfers, checks, debit or credit cards, and many more.
Payza has a different fee structure for different account types such as starter, personal, and business for loading and withdrawing money and foreign exchange. Its starter account doesn’t pay receiving fees up to $400 per month or a total of $2000 USD. It also has a different fee schedule for each country or country region. For a more detailed fee structure visit Payza transaction fees.
Payza offers USD prepaid cards in the united states to load US funds from the e-wallet. It also provides attractive and easy-to-use payment buttons for a one-time payment, recurring payments, and donations for non-profit organizations.
# 7. Dwolla.com
Dwolla is an online payment processing network that allows any person or business to send, request and accept money. Dwolla provides an easy way to pay bills, send to friends, etc. For individuals allows making transactions with a minimal fee to increase their profits for business and provide simple payment buttons to get paid for developers and also for non-profit organizations.
Dwolla’s service is free for setting up an account, sending, and receiving for $10 or less, and requesting money. Attaching an invoice transferring money to or from your bank, and setting up recurring payments are also free services that can be used. It also provides a mass payment service and auto-withdraw service. It just only takes 25 cents to receive more than 10$. It has top security options like sending a PIN code for any changes in your account to make your account more secure.
# 8. Perfectmoney.com
Perfectmoney is a leading online payment processing service allowing users to make instant payments and to make money transfers throughout the internet. It can be used to transfer money between the members receive payment for various business projects on the internet, makes regular payments on the internet and make regular payments on the internet, and make payments for goods and services on the internet.
Perfectmoney does not charge any fee while depositing money in your perfect money account. The internal transfer fee while different for three different accounts premium, verified, and unverified accounts 0.5% to 1.99% and for wire transfer, it takes 5.5% along with the bank fee. You can also get some interest, 4% per year from perfect money and also have the SMS notification service which takes $0.1 for each SMS.
# 9. Alliedwallet.com
An Allied wallet is an internet payment service provider, where any person or business can send or receive e-currencies online. It provides a variety of services such as credit card processing, multi-currency merchant services, digital wallet services, and PCI level 1 payment gateway.
You can create your e-wallet or merchant account free of charge sending and receiving funds and making purchases are also free of charge. It only charges when you move money from your e-wallet into your personal bank account. It takes $30 for a domestic transfer and $45 for an international transfer.
# 10. Solidtrustpay.com
Solidtrustpay is also another e-money processing service along with an e-wallet service. It provides a merchant credit card processing service. It provides most options at the best prices for whether you are selling or shopping. You can also transfer to your family and friends worldwide in multiple currencies.
You can open your solid trust pay account for free and send money to pay for members or merchants. The receiving fee for personal, business, corporate, and micropayment accounts is 1.5% plus $0.50, 5% plus $0.20, 2.5% plus $0.30, 3.5% plus 0.50, and 5% plus $0.05 respectively. It takes $15 to $50 for withdrawal and $10 to $20 to deposit funds into a solid trust pay account.
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