Monday, September 26th, 2022
When conducting business across borders, choosing a payment processor that can facilitate international transactions is important. But with so many options on the market, it can be difficult to know which one is right for your business.
To make things easier, we’ve compiled a list of the top five payment processors for international transactions. These processors are all backed by major financial institutions and can facilitate transactions in multiple currencies.
4 Payment Processors Enabling Transactions Worldwide
1. Amazon Pay
Amazon Pay is a global online payments platform that allows customers to shop online and pay for goods and services in over 100 countries across the globe.
Amazon Pay supports several payment methods, including Visa, MasterCard, and Amex cards, Apple Pay, Android Pay, and Samsung Pay. The service also offers instant account verification using your phone number or email address.
Stripe is an e-commerce payment processor that millions of businesses worldwide use to process payments on their websites and mobile apps.
The company’s suite of tools lets merchants accept payments from virtually any source—including credit cards, Apple Pay, PayPal, and more—and collect funds in more than 30 currencies.
Stripe’s API allows developers to integrate Stripe into their own applications or build custom integrations with other services such as Google Analytics or Facebook Pixel.
PayPal has been around for decades and is one of the most trusted names in online payments. It processed over $100 billion in gross merchandise volume (GMV) worldwide during 2018 alone, making it one of the most popular payment processors in the world.
PayPal offers more than 200 countries across its global network, including 15 different currencies. The company also offers advanced security protection for both merchants and their customers.
Skrill is an online payment service that allows you to accept credit card payments online for an annual fee of $0.30 per transaction.
Skrill provides merchant tools that help you process international transactions quickly and easily. This company supports over 500 countries worldwide through its secure gateway system. You can also accept Bitcoin payments with Skrill.
Skrill accounts can be used by anyone with a bank account or credit card, so there are no restrictions on who can use Skrill as a payment processor for your business.
The globalization of business has led to an increase in the need for payment processors that can facilitate transactions in multiple currencies. With several companies ready to meet this demand, you must search carefully to find the perfect fit.