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Payment Gateway Comparison Chart

Paypal 2CO PowerPay MoneyBookers
Details PayPal is the leading online payment service, available in numerous countries and currencies throughout the world. It allows customers to make purchases in various ways. 2Checkout is an online payment service that allows customers to make payments in various ways. It claims to deliver turn-key payment services. PowerPay specializes in merchant accounts and online payment services. The company offers services for small, medium and large sized businesses. Moneybookers is an online payment service that acts as an alternative to traditional payments methods. It requires identity verification before using service.
Advantages - Free to sign up
- Widely known and trusted
- Secure
- Easy to use
- Flexible shipping options
- More flexible
- No setup fees
- Lower transaction fees
- Free to sign up
- Available in over 200 countries
- Secure
Disadvantages - Higher transaction fees
-Target of many scams
-Mediocre support
-Setup fee required
- Complex account interface
- Mediocre support
- Requires monthly fees - Doesn’t support all industries
- Transactions outside of Europe take longer to process
- Slow support
This type of Payment Gateway is for you if… You need a payment solution quick and a merchant account is not an option. You want to integrate a payment service into your existing shopping cart. Your business can handle monthly fees and requires a more flexible payment solution. Your business has a large base of European clients.
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