What payment platform are you using for online business? Payment gateways operate impulsive payment transactions between retailers and buyers, securely transmitting transaction information to banks. E-commerce companies rely upon payment gateways to secure customer information via encoding and ensure their data is passed securely, from client to merchant to the payment processor. Payment gateways integrate with other e-commerce tools, comprising software and payment processing software within the case of recurring payments, and permit merchants to simply accept credit cards or different sorts of electronic payments for transactions.

Payment gateways permit them to take card payments online or in-store, which means they can prefer credit card payment processing online and offline, along with work with Point of Sale (POS) processing in-store.

Low-cost volume sales a payment gateway will be helpful in the short term, as the monthly payment can convert into income more than processing payment. Sales volume gains an analytic threshold; it becomes low-price to pay a monthly fee for merchant processing with interchange fees.

Several good payment platforms offer many benefits. That could be anything from minimizing processing fees for specific cards to direct integration into the software. 

To qualify for incorporation in the payment platform category, a product must:

  • Accept payment from credit cards, checks, or another kind of online payment.
  • Connect the e-commerce website to a payment processor that processes digital transactions.
  • Encrypt information through an effective terminal.

Many payment platforms were surveyed and reviewed based on payment types, cost, ease of use, integrations, and more. Following is a list of the best payment platforms to use in 2021.

The 7 Best Payment Platforms Of 2021


With 220 million active accounts globally, PayPal is the most used payment platform. Initiated in 1998, it permits you to send and receive payments everywhere around the globe. 

PayPal serves payment processing services for e-commerce retailers, auction sites, and other commercial institutions globally and permits you to accept credit cards comprising Amex and Visa. It also provides online debiting, customization options and facilitates credit card payments on the phone.

PayPal is mainly associated with eBay, but it is important to note that since 2020, PayPal lost its importance in being the primary payment option of eBay (because eBay started using Adyen – although PayPal remains an optional payment service). During an announcement last year, eBay said it moved to provide customers with a more competitive price. The competitive pricing and card processing charged at 2.9% per transaction, without any monthly fees, is an ideal option for small and new businesses. 



Stripe is considered another good payment platform option for online businesses, freelancers, and affiliate marketers, with the corporate promising to deal with transactions worth billions of dollars. The main difference between this payment platform and others is that it isn’t an out-of-the-box solution. Instead, you receive various flexible tools to customize your own payment processes.

It is created for larger firms and offers an abundance of APIs to make subscription services, on-demand marketplaces, or funding platforms. It supports various development languages, including Ruby, Python, PHP, and Java.

Furthermore, Stripe supports over 100 currencies and offers features like subscription billing, mobile payments, and one-click checkout. You can access dashboards to see all transactions, and it is often a feature-rich payment platform. However, Stripe requires more technological knowledge from the user than most providers.


This online payment platform is the most efficient payment service with their head office in Chicago. It gives solutions to companies, be it start-ups or fortune 500 companies, spotlighting the payment experience.

Payline provides payment procedures and web solutions invented to integrate with over 175 online shopping carts. The corporation also offers simple solutions to accept payments through mobile apps. 

The Payline payment processing platform also combines with QuickBooks for simple payroll administration and financials normally. Pricing for brick and mortar stores comprises a monthly fee and a small percentage fee per transaction, and the monthly and transaction fees are a bit higher for online stores.


Companies like Uber, Spotify, Microsoft, and eBay use Ayden to handle business and customer transactions. The software allows you to accept every payment made to your company from one platform, providing you with tools to manage risk and track results.

Not only does Adyen accept over 250 payment methods and 150 global currencies, but it also enables you to analyze transaction data to profit from “data-rich insights to find out customer behavior.”

For instance, you’re prepared to identify buying patterns and behavior, permitting you to modify products and services appropriately. A risk-management tool is also present that sifts through data to deal with fraud cases.

Processing fees vary by the payment strategy, but the firm uses Interchange pricing with an additional transaction fee. However, you’ll need a merchant bank account to require advantage of interchange pricing.


The principal objective of these solutions is to streamline the payment process, and Authorize.net (from Visa) exactly does this. Established with businesses of all sizes in mind and preferring plans, the platform provides the tools to sell items and take them in person at a store.

With this solution, you’ll accept payments from websites and transfer funds into a merchant bank account quickly. It holds all major credit cards like Visa, MasterCard, Diner’s Club, Discover, and JCB. Also, with this, the platform is compatible with digital payment services like PayPal, Apple Pay, and Visa Checkout. 

Although transactions made by customers are acceptable by the software everywhere around the globe, you must register your business within the US, UK, Canada, Europe, or Australia if you’d prefer to use this service.

Authorize.Net plan serves as the best choice to feature an account updater for recurring payments and, therefore, the ability to accept electronic checks for extra costs. There are not any setup fees for either plan.


Braintree started as a web payment platform in 2010; PayPal acquired Braintree in 2013 and now holds in-store as online payments. It is best for start-ups because it’s an easy-to-use platform with straightforward pricing that accepts all major payment types.

Braintree generally lacks new and exciting features for simplicity, and it features a smooth interface that makes a seamless checkout experience on any site. Not only that, but it is compatible with most major e-commerce platforms, analytics apps, invoicing software, and more.

Because it’s a subdivision of PayPal, Braintree serves a merchant service account and accepts all major credit cards, ACH deposits, digital wallets, and PayPal in over 130 currencies. Braintree’s additional features are recurring billing, automatic account updaters, a customer information manager, reporting tools, encoding, and fraud prevention tools.

Other Payment Platforms for Affiliate Marketing, Freelancing, and Online Business

While we’ve mentioned a number of the good platforms for online business, there are many others worth considering. Many can integrate with existing e-commerce platforms using nothing over an easy-to-install plugin. Here, therefore, we’ll list some additional payment platforms that are well worth considering, consistent with the differing needs of digital marketers, freelancers, and online businesses.



Marketing affiliates and online businesses commonly use this payment provider because it is easy to line up subscriptions as one-off purchases. It is excellent, especially for online businesses selling digital services like web hosting or web design companies. It is also commonly available as a plugin for major e-commerce platforms and may process a good range of worldwide currencies.


This site offers a merchant platform and directly records all transactions and sales into your Sage accounting software. That makes it very efficient, enabling you to analyze your income and costs in real-time. However, with different plans available, it is best to possess a merchant account to induce the foremost out of the software, not least for reducing transaction fees within the first place.

FIS Global

Here is another successful payment gateway for freelancers, affiliate marketers, and other online businesses. It has various integrations available for popular e-commerce platforms. You’ll come upon a paid-monthly service, alternatively use a merchant account to require advantage of interchange fees on all transactions. However, various changes have been observed with Worldpay lately, after being owned by a minimum of two different companies, so it’s worth inquiring what services are currently available and at what price.

What payment platforms do you use? Comment below about what is best for your online business.

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