The Big List Of Payment Gateways For The Global Merchant

When I was a kid, I ran a lemonade stand where I would sell lemonade for 50 cents.  Easy money.  Everyone likes lemonade and everyone likes kids.  But I remember distinctly running into my first business problem.  There was one guy who only had a twenty dollar bill.  I had $11.50  in takings and he would need $19.50 in change.  What to do?  Well, in that case, get my dad. In the big bad world of e-commerce, though,  taking payments is still one of the most aggravating of problems for the merchant.  There are a few excellent payment gateways that have come along and made it easier for people in the US to take payments like Stripe, Dwolla, and WePay.  What are the options for the non-US merchant, though?  What can they use to take payment?

Not PayPal

The obvious answer is, was, and I worry always will be, PayPal.  Although there are any number of people who dislike PayPal, it is still a payment portal that is widely supported, affordable to use, and familiar to customers.  It should always be treated as a viable, if unenviable, option.

You Can Use These Payment Processors For Donations As Well as Purchases.
These Also Work For Donations.

In this post, though, I will direct you to some other payment processing options that are available.  I have grouped them by country and continent to make it easier for you to pick out one that applies to your situation.   There are a few rules that determine inclusion or exclusion from the list:

  1. I consider a payment portal to work in a country if the merchant can accept payments while living in that country.
  2. If your customers can make payments in a country, but you cannot accept payments in that country, I will not include it.
  3. If you can receive payments in a country, but not in your currency, I will still include it.
  4. If it has a WordPress plugin, I will include it.
  5. If it offers a payment gateway that can be used with a shopping cart that can be used with WordPress, I will include it.
  6. I will not include a payment gateway that is only available to US-based merchants.
Please feel free to correct me if any of these are wrong; there is a lot of information to juggle and it is not just possible, but probable, that I got something wrong.  I’ll update the article to correct any mistake or include any omissions as I become aware of them.   My emphasis here is on trying to make this as  accurate a resource as possible.   The list after the ad…

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Global

An Infographic On Online Payment Security
An Infographic On Online Payment Security from ZoneAlarm.com.

These are the options that work in most places.  There will be holes in any network, but these work in most major markets.  If you don’t see a country specific one (I’m looking at you, Turkey) then check out these as your next best options:

Europe

Those payment gateways below with an asterisk (*) next to them are also able to process ELV payments.

Asia

Oceania

Africa

South America

North America

The Virtual World

Mobile Payments

When Evaluating Any Payment Processor

If you have found a payment gateway that isn’t mentioned on the list (let me know about it in the comments!), here are some questions you can use to evaluate its worthiness and suitability:

  • How much does it cost?  Most payment gateways charge a percentage of the purchase cost plus a base charge (i.e. 2.9% + 30 cents), but will give discount if transaction volume crosses a certain threshold.  Some, like Authorize.net, charge a base fee to use the service.  Does this mean you should dismiss it?  Well, it depends on the value you get from it.  Authorize.net is a very reputable service and can handle whatever volume is thrown at them.  If those are priorities for you, then you should consider making the trade-off.
  • Evaluate Payment Gateways On Price, Security, and UI.
    Is It Best Of Breed?

    What is the customer experience like?  The division here is really between on-site versus off-site processing.  Do you want your customers to leave your site to complete the transaction or to stay on your site?  If your site is perceived as being very trustworthy, you’ll want to complete the transaction on your site and reduce the number of steps involved until payment (the likelihood of a sale is indirectly proportional to the number of steps).  On the other hand, having a reputable looking off-site processor might increase the confidence that people have in your ability to deliver.  It is also worth considering how the payment screen will look; a payment form that is unattractive can reduce potential sales.

  • Can it protect you and your customers from fraud and theft?  The last thing that a merchant needs is for a Google search of their company to throw up angry blog and forum posts that use the words “scam”, “fraud” and “theft”.  How much is it worth to you to avoid that possibility?
  • Will it be there in a year?  There is no point to going through the trouble and expense of installing a gateway only to have to go through the process again in a year.  Balance that, of course, against the possibility of finding a new service that is able to offer something that existing ones can/do not (like Stripe, Dwolla, and WePay).

Have more questions about how how payment gateways and payment processing work?  Authorize.net has some really useful explanations of PCI Compliance and How Credit Card Processing Works.

 

Comments (14)

  1. I’m disappointed by the article.
    While you offer a quite exhaustive list of international credit card payment processors, none of these offers a more generic payment processing.
    That’s likely because you are US citizen and don’t even know that other forms of electronic payment might be as popular in other countries.
    In germany for example wire/bank transfer is probably as popular with online payment as credit card payment. You pay in advance and the merchant will have the money 1-3 days after the payment in his own bank account.
    Another method which is quite popular and widespread amomg german online merchants is direct debit. This is used mostly by bigger merchants as you need some kind of risk assessment. (The direct debit might be reversed by the bank if balance was not sufficient, which will cost additional fees)

    With the rise of online banking in the last few years, new business models around online payment have evolved. There are at least 2 competing systems that forward you to your online banking portal and check whether you completed the transfer and have enough balance in your account. When everything’s ok, they tell the merchant and might offer some kind of insurance. Through this system the merchant doesn’t need to wait 2-3 days until the money arrives in his own acocunt.

    In germany credit cards are common for only 2 kinds of activities: Online merchants (especially those outside of germany) and hotels (These take credit cards all over the world and the only other payment method that’s probably accepted everywhere is cash, which is uncomfortable abroad)

    • Hi Benedikt,

      In order to keep the length of the article reasonable, I did have to exclude mention of a few things. In a number of major markets, you are right, the familiar up-front credit card payment system is not the preferred or default option. Some countries will generally offer direct debit as the default payment option, while others are more likely to offer a cash on delivery option, and a few will offer both (China especially and, correct me if I am wrong, Germany with Nachnahme).

      Still, I probably should have included mention of a few options for those markets. I have rectified the mistake and added a few gateways that will process ELV transactions. Are there any other options, gateways, or methods (that meet my article’s criteria) that you would recommend?

      Thanks,

      Matt

  2. I recently relocated our e-commerce website from the US to Peru. Here is South America e-commerce is in infancy. I can only find 2Checkout which has rates that are simply not competitive. Plus they pay out once a week. I had been using PayPal but they have no agreements with the banks or the government. A new person setting up a website to sell would have to have an American bank account or an account in any of the countries that have agreements with PayPal. Any ideas on payment gateways in Peru?

  3. Good afternoon dear Matthew, would you be so kind to add our company to the Portugal payment gateways?

    company name : bPaid
    website: http://www.bpaid.pt
    coverage: Portugal

    We provide domestic payment solutions for merchants and individual accounts in Portugal, our current user base is over 35.000.

    Thank you,

    best regards,

    Joao Cohen
    CEO
    bPaid – Pagamentos Multibanco

  4. Hi Matthew,

    I’d appreciate if you could give a little more detailed info on what Payment Gateways(PGs) do. In South Korea, PGs not only connect ecommerce shopping carts with payment processors, but also play as master merchants to small businesses.

    Do PGs in U.S. carry additional roles other than payment intermediary service? Master merhchants? Value-added services like DCC?

  5. Dear All,

    We are about to release a platform that allow people to post goods and machinery, the users are supposed to deal and trade.

    We are blocked because when we wanted to establish a payment gateway for our service to be paid, in other words for users to pay for posting, the payment gateways are turning us down saying “these are third party transactions” the bank will not allow us.

    is there any one who can give us a lead for a solution?

    Regards

  6. Hi all,

    This probably is the most exhaustive list of available payment gateways I have encountered. Thanks for putting it together!
    Another option for European market could be Paysera payments. Payments can be processed worldwide, however they offer CC processing services only for EU merchants. It is quite big in eastern Europe now and expanding.

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