Best and Safest Ecommerce Payment Methods [2023]

Best and Safest Ecommerce Payment Methods [2023]

Personal information security is a top concern for today’s consumers. With fraudsters stealing over 33 billion records annually, every e-commerce store wants to integrate reliable and safe payment methods.

After all, providing your consumers with a safe and reliable online payment method is the foundation of your entire business strategy.

Consumers highly value a business that provides a safe payment system on its website, especially if it’s an ecommerce store. Every startup needs mobile app and secure payment options to win the trust of their customers.

After evaluating the current technology trends and dozens of payment gateways (with their pros and cons), we narrowed down the top online payment solutions available.

So here are some of the safest and most reliable online payment methods for Ecommerce in 2023.


Most of you may already be familiar with Paypal, a household name in online payments. Paypal enjoys rave reviews from businesses and consumers for its security and ease of use.

Millions of users frequently use PayPal for their business because they trust it completely. Therefore, we recommend using PayPal if it’s your first time running an Ecommerce store. The payment system is used in most parts of the world and is comparatively easy to integrate into virtually any online store.

Adding PayPal as a payment option is also beneficial for your new Ecommerce store because the PayPal button may add credibility to your store’s reputation.

In addition, customers prefer paying with their PayPal balance to buy items instead of using their debit or credit card online. It is one of the most used digital wallets in the world. With PayPal for ecommerce, Ecommerce stores can accept the following:

  •  Credit cards
  •  Debit cards
  •  PayPal Credit
  •   Venmo

Furthermore, PayPal offers several payment options for your customers to purchase items. Some of these options include:

  • Pay later in installments
  • Online checkout through an app
  • Online checkout through social media
  •  Online checkout on the website
  •  Accept payments in person
  •  Charge recurring subscription payments

Standard credit and debit card payments in the United States include a 2.99% fee rate (depending on the transaction amount) and a $0.49 fixed fee. Fee percentages for alternative transaction methods range from 1.9% to 3.49%. Most of them also charge modest set fees.

Depending on where the sale originated, international sales’ charge rates usually are 4.49% + a set fee.


  •  Guarantees protection for both merchants and buyers
  •  The perfect option for new and emerging Ecommerce businesses
  • Operational in several  countries


  •   It may be expensive for high-volume businesses
  •  Applies payment holds (for dormant or new accounts)
  • Charges additional fees for international card payments

Amazon Pay

Customers can check out your Ecommerce store quickly and securely with Amazon Pay. You can integrate this popular payment processing platform into your website with no monthly or setup fees. For your customers’ convenience, enable the Amazon Pay button to simplify checkouts and offer a one-click payment system.

By using Alexa devices, voice payment options, mobile, internet, and other payment methods, the platform offers your consumers new ways to pay for their products. You can include it in your online shop, social media sites, and other platforms so that clients can use their Amazon accounts to make purchases from your business. Consumers will feel safer making purchases from you because they won’t have to enter all their credit card information on another website.

Its merchant signup is faster and quicker than most other payment methods available. However, you may need help with its long approval process, which means it can take weeks to integrate it on your Ecommerce website.

In addition, Amazon subjects all accounts to a tiered reserve which can be frustrating because it can eat up your cash flow. However, you receive recurring payments, security and fraud management tools, and excellent reporting tools for analytics for free.


  •  Easy and quick integration
  •  Functions seamlessly across devices
  •  No setup needed
  •  Security for dispute resolution and customer data via Amazon Pay A-to-z Guarantee


  • Delayed fund transfers to new merchant accounts
  • Long approval time for merchants


As one of the fastest-growing online payment services, Stripe works for big and small businesses and online shops. It is appropriate for subscription sites because it allows recurrent bill payments automatically and, eventually, high credit scores. Large businesses looking for more payment features, such as recurring payments and subscriptions, and online businesses (markets, software, etc.) perform well with Stripe.

In addition to supporting several of the most critical payment options for improving recurring payment conversion, Stripe Billing may assist with managing recurring card declines (accepting bank debits, for instance, helps boost retention because bank account information doesn’t expire).

What’s more? Fast-growing SaaS businesses can benefit from Stripe’s new Revenue Recognition feature. You don’t have to be tech-savvy to integrate Stripe Invoicing and Stripe Invoicing. The reliable payment method supports payments in various currencies. The company offers Stripe Terminal, a point-of-sale system, to accept in-person payments.


  •  No monthly or setup fees
  • Variety of customer support and payment options
  • Good API (application program interface) customizations


  • There may be a significant learning curve.
  • Flat-rate pricing is more expensive with higher sales volumes.


Everything an Ecommerce store owner needs to start selling products/services online comes with Shopify. The fantastic platform is an online store builder, payment processor, and e-commerce marketing solution.

We recommend Shopify for anyone starting a new Ecommerce store because everything is included and functions nicely together.

As soon as you create an account, you can enable Shopify Payments. Once activated, it can immediately start accepting major credit cards and other forms of digital payments.

It automatically tracks and displays every transaction. That means Ecommerce businesses can easily monitor their payments, sales, and monthly stats.

Shopify makes things more convenient for merchants. The payment method is also beneficial for consumers.

After creating an account, you can start accepting various Ecommerce payment options, including:

  •  American Express
  •  Apple Pay
  •  Discover
  •  Facebook Pay
  • Google Pay
  • Mastercard
  • PayPal
  • Visa

Every Shopify plan includes Shopify Payments. When you utilize Shopify Payments, there are no transaction costs involved. Users can use Shopify Starter, which costs $5 a month. It allows you to create shoppable links. S you keep selling through email, SMS, or directly, Shopify takes care of everything else.

The $39 monthly cost of Shopify’s basic plan offers everything you need to set up and run an Ecommerce business. With Shopify, you can create a store, offer services, sell products, and receive money quickly. Furthermore, your credit card processing costs will drop if you upgrade your Shopify package.

If you pay annually, you can get a discount on Shopify’s website pricing as the Basic plan drops to $29 per month. The best part is that you don’t need a credit card to take a free trial of Shopify.

As a white-label version of Stripe by default, Shopify Payments shares most of Stripe’s features and benefits. Shopify users can use something other than Shopify Payments as their payment processor. But while it is feasible to integrate a separate payment service into the app, doing so may result in inconveniences and extra costs.


  •   24/7 customer support
  •  Quicker checkout and flexible payment methods
  •  Easy to set up and use


  •  Not available in all countries
  •  In addition to the third-party gateway and transaction fees, the payment service has a monthly cost.
  • Only stores with it as the primary payment method can process payments in the local currencies of their customers.


If you have physical locations and want to start selling online, Square is a fantastic option. Why? Because it’s simple and convenient. Square is popular for its excellent POS system, which seamlessly integrates with its payment method options. Hence, Square is a fabulous option for any other business. For example, it can be an efficient POS system for restaurant businesses.

Square offers an excellent e-commerce website builder for those with a store yet. Imagine building your own Ecommerce store with a plethora of drag-and-drop themes. That means you don’t need coding experience to create an Ecommerce store.

Compared to the other payment methods for Ecommerce on our list, Square is reasonably priced. There is no ongoing monthly fee for integrating the Square payment gateway into your website. Like Stripe and PayPal, they charge 2.9% + $0.30 for each transaction.

Integrating Square into your online storefront is quick and easy. Their e-commerce partners include:

  •  3DCart
  •   Ecwid
  •   GoCentral Online Store
  •  Magento
  •  Miva
  •  nopCommerce
  •  OpenCart
  •  Unbound Commerce
  •  Wix
  •  WooCommerce
  • WordPress
  • WP EasyCart

Adding Square will be simple if you already use one of these platforms for your online store.


  •   No hidden fees
  •   It makes selling easy on Instagram and Facebook
  •  Free to start
  •  Free website hosting


  •    Limited customization features
  •   No phone support
  •   Account may freeze due to irregular activity
  •  May not work with specific high-risk merchants
  • For large businesses with high volumes and transactions, costs may add up

Final Thoughts

Running a successful Ecommerce business goes beyond selling products and investing in marketing campaigns. Although a lot goes into a thriving online business, the choice of payment is equally crucial for providing your customers with a safe and efficient shopping experience.

If you are looking for top-notch Ecommerce solution services including web app development and flawless integration of online payment methods, get in touch with us. We rank among the best Ecommerce solution services in USA.


Which Payment Method Is Best for Ecommerce?

According to industry experts, Shopify is the best Ecommerce payment option because it is a fully integrated e-commerce platform with a built-in payment system. This implies you won’t need a third-party payment processor or gateway since you can receive everything from a single platform to sell goods online and receive payments.

What is the Most Used Payment System in E-Commerce?

Debit and credit cards are the most used payment systems for ecommerce transactions. ·

Is Shopify Cheaper than PayPal?

Shopify Payments can be a better option than PayPal if you’re on a tight budget. Depending on your plan, Shopify Payments charges credit card fees for each transaction: 2.4% to 2.9%, with an additional 30c. When using PayPal, a fixed fee of US$0.30 is added to the 2.9% transaction fee.

Is PayPal the Safest Way to Pay?

PayPal enjoys a solid reputation as a safe and secure online payment system. It uses the highest security measures, such as end-to-end encryption, to protect all transactions.

What is the Safest Payment Method for A Seller?

Besides cash, a check is the safest payment method for business payments. However, PayPay and Shopify are the safest options for online payment methods.

What are the Advantages of Using Cryptocurrencies as Online Payment Methods? 

Using cryptocurrencies as online payment methods means getting paid faster because transactions only take minutes or seconds to process. In addition, it is an effective way for thousands of people around the globe to transfer money without any international transaction costs or high fees.