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Electronic Payments

What's an easy and cheap online transaction service?

I have a marketplace website that get people to offer their services. What would be an easy way to provide a way so that buyers can pay with paypal or CC, and seller can receive the money (through us)

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Tony Bjornson

Clarity Expert

Balanced Payments or Stripe

Answered almost 11 years ago

Joy Broto

🌎Harvard Certified Global Corporate Trainer🌍

There are several of them that might be helpful to you when it comes to easy and cheap online transaction service for instance:
1. Due
More recently, Due has allowed users to start accepting secure online payments for just a 2.7 percent transaction rate. Due also accepts global payments, which typically occur within two business days, as well as a digital wallet to send or receive money to anyone in the world instantly with little to no cost.

2. Stripe
Stripe has fascinated users for the last couple of years with its powerful and flexible API. This means that you can tailor the platform to meet your specific needs, whether you’re running a subscription-based company or an on-demand marketplace.

3. Apple Pay
Transactions are faster and more secure, since Apple Pay uses touch ID confirmation. Also, word on the street is that Apple is working on a P2P payments system within iMessage.

4. Payoneer
Receiving payments is free, and the platform includes a flexible API that grows with your business.

5. Amazon Payments
If you want to give customers peace of mind, then accept payments through Amazon.

6. Square
Square changed the game when it introduced its magstripe reader, allowing business owners to swipe credit cards anywhere for a 2.75 percent transaction fee per swipe.

7. Payza
With this popular service, you can send or receive payments from anyone in the world in just a matter of minutes.

8. Venmo
In other words, it is like a hybrid of PayPal and a social network like Facebook, since transactions are shared on an online feed.

9. Intuit GoPayment
Intuit is almost indispensable for a small business owner. Besides being able to accept payments both online and in person with the mobile Go Payment credit card processor, Intuit can assist you with payroll and calculating taxes. Today, online businesses have more payment platform options than ever before. Each platform comes with its own advantages and fallbacks, and it is up to you to find out which is best for your business.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath

Answered almost 4 years ago