Top Magento 2 Payment Gateways for eCommerce Site

Undoubtedly, the performance level of any eCommerce store can only be measured by customer satisfaction throughout their shopping journey. Also, two things are vital to consider while running an online store. First, the target market should be determined. Another is to build a trustworthy relationship with customers.

Hence, a smooth and convenient checkout process can assure that customers get an enjoyable shopping experience as a whole. Furthermore, integrating a proper gateway is the solution to make the transactions seamless for both businesses and consumers. 

However, the challenge faced by online store owners while Magento eCommerce website development is to choose the best from a wide range of payment gateway alternatives in the market.

Of course, everyone would like to perform safely and give customers a reliable payment gateway suiting their preferences.

Have you made your mind about the type of Magento 2 payment gateways you would integrate into your eCommerce store?


Overview of Payment Gateway


In simple terms, a payment gateway can be defined as a merchant service that allows credit card or other payment forms in an online shop’s existing software. It enables the process of transactions right from eCommerce online stores to the payment processes that receive money from the customers. 

The payment gateways come with security validation enabling consumers to provide their credit card details. Such information may also be transferred between the payment portal of the merchant and the concerned bank.


How do Magento 2 Payment Gateways Work?


A payment portal focuses on securing user data throughout the transaction process. It assures security via data encryption like the user’s bank details.

The basic steps involve:

Step 1: A customer places the order. Then, he/she clicks on the Checkout or Submit button.

Step 2: Upon pressing the Submit button, customers need to enter the relevant information on the eCommerce platform or website. To approve the transactions, the system will take consumers further to the secure page.

Step 3: Once the transaction is approved, the bank confirms whether the customer has an adequate amount and can make the transaction or not. 

Step 4: The payment portal provides the seller with the respective message. For example, if the answer is “No”, it will send the customer an error message notifying them there’s any bank or customer account issue. And if “Yes” is the answer, the dealer will search for the bank transaction approval.

Step 5: Now, the bank settles the money utilizing the payment mode and delivering the money to the seller. Once this process has been completed, the customer receives an order confirmation message.

eCommerce companies can accept transactions by multiple online payment methods. And this can include everything like credit cards, debit cards, and more. 

Best Magento 2 Payment Gateways 

1. Stripe


Launched in 2011, Stripe provides optimal multi-currency payment services supporting multiple currencies.

The main concept of the Stripe payment gateway is to simplify the process of online companies. It offers a variety of tools to handle marketplace transactions or in-app payments.

Stripe’s features involve easy customization and scalability. One of the incredible advantages is that you remain on-site rather than redirecting you to third-party websites during payment. In addition, no further integration fees are charged. All in all, for users, it’s all smooth and simple.

Additionally, it is a full-integrated Magento payment gateway that offers convenience and a seamless checkout experience to clients.

2. PayPal


Easy-to-use is the main reason businesses around the world prefer to integrate PayPal. There are several reasons for choosing this Magento 2 payment gateway. All new PayPal accounts are registered free of charge. The PayPal app is also available to companies free to download. PayPal accounts enable the customers to pay for purchasing online without credit cards, by connecting directly to bank accounts.

In addition, at checkout, priority is given to the financial security factors first. This is because the seller will only receive the PayPal account number and not the bank or credit confidential details.

Buyers can also shop in various currencies without worrying about currency changes.


3. Authorize.Net


Authorize.Net is the payment gateway alternative you need if you want your consumers to quickly checkout. This gateway is well-known for online payments because of its quality fraud protection assistance, simplified checkout options, and additional subscription-based features. 

In addition, Authorize.Net supports the CIM (Customer Information Manager) version that allows storing consumer’s payment details. Naturally, it’s time-saving and productive. Also, it ensures that repeat customers do not have to re-enter the details every time they come to shop.

CIM by Authorize.Net supports several customer profiles. It includes details of payment, billing, and product shipping. All in all, your customers can enjoy a hassle-free checkout process. 

There is also another version called AIM, which is the most widely used Authorize.Net payment system. This method, unlike CIM, asks customers to fill in their card details every time they want to make the purchase. 


4. WorldPay


The WorldPay method of payment provides the customer with more ways of making transactions. This is possible through pay-per-link or virtual terminal features. This means that customers do not have to leave the site to pay. They only need to add the card details. The details can then be further sent to the payment system where the transaction is sanctioned.

Merchants can also benefit from the integration of Worldpay payment methods other than customers. This is adaptive to any business size and allows all transactions and other key reports to be monitored. In addition, the upgraded safety features of fraud protection make the security safe.

Magento 2 eCommerce stores can easily enjoy the prominent payment features when integrating payment extensions. This includes WorldPay Vault for card saving, WorldPay local card schemes payment, and so on. 


5. 2Checkout


Surprisingly, 2Checkout is a trustworthy and reliable payment system that accepts a diverse range of payment currencies and eases the customer’s checkout process. 

You’ll be surprised to know about 300 fraud regulations complying with a range of standards at 2Checkout. It includes BBB accreditation, private protection, and more guaranteeing a high level of safety. 




Amazon payments started in 2007 that allows the eCommerce store owners to send and receive funds using their API. It is a well-known and flexible payment gateway. And two of its services are Amazon Simple Pay (ASP) and Checkout by Amazon (CBA).

Amazon Pay enables you to build an incredible shopping experience so that they spend more time looking for the offerings and less time to purchase. It easily integrates with your CRM system. It also has several commercial tools, such as payment signs, logos, marketing guides, and buttons.


Wrapping Up


Choosing the most appropriate payment portal for eCommerce is essential for any retail company to succeed. Providing a smooth user experience not only satisfies customers but increases corporate revenue. You only have to consider the factors and comparisons mentioned above before using these best Magento 2 payment gateways for your company. Besides this, you can hire Magento 2 developer at Magentofx for better support in finding the ideal payment gateway for the Magento store as required. Also, to learn any of these Magento payment gateway integration, check our blog.