Best 5 Online Payment Platforms

Online payment system plays the most prominent role in the global E-commerce business. Every business is moving to E-commerce to develop the business. In E-commerce websites, we can easily select the product type which we need and buy easily from home.

Online payment is the best way to buy anything, as customers or users choose the most secure platform to protect their money. Every user must go through online and Google to know the best platform for payment.

Some important things to notice before choosing a platform

• Account registration process, 
• Accepted currency, 
• Contact details, 
• Fee Charge while payment processing, 
• Privacy policy, 
• Security level and 
• Transaction time.

Some of the best platforms in the world which have high protection while paying out and other additional features are explained below in brief.

5. Skrill

Skrill was renamed from Moneybookers, it is a free service which lets you safely send and receive money online. It allows top-up at any time from your bank account or credit or debit card and when you pay with skrill, you payment details are kept hidden.

4. Google Checkout

Google Checkout helps to make the process of collecting payment and to pay for goods and services through a Google Account. Google Checkout Merchant Center enables your customers to submit payments easily and quickly by a simple logging in. It is Trustworthy payment processors that prevent you from fraud and assures you to increase your sales.

3. Amazon

Amazon payment system allows their users to pay instantly for purchasing goods over the Internet using Master and Visa card. Amazon allows business owners to receive money via API and give out money using ACH.

2. 2CheckOut

2CheckOut provides a simple pricing model that is easy to understand. It has a simple payment processing system that helps you to sell more and charge same flat free for all payment methods. It also supports bundled merchant and payment gateway solution for their users.

1. PayPal

PayPal is the most widely used payment processor around the world. PayPal allows users to send money and receive money through credit card or existing account. Money can be sent directly using an email address. It doesn't charge any monthly subscription fees for their users.

I am using different payment platforms for transactions since 2012. Based on my personal experience and research, I have written this post.