March 20, 2023
If you are starting an online business or managing a brick-and-mortar store, it would be necessary to have secure payment systems. Selecting the appropriate payment gate for your business might be bewildering.
On the positive side, there are various choices in e-commerce websites. 11 Best Payment Gateways in the UAE for Your E-commerce Website and some important factors to be considered while choosing one.
If you are in search of a fast payment gateway that handles multiple methods, then PayTabs is the perfect solution. It provides various plans for other businesses and budgets with a speedy payment process.
The gateway also provides fraud protection and supports 168 currencies, making it ideal for international clients. Additionally, its user interface and customization features also help businesses that need to handle online transactions more conveniently.
There is also the facility for online invoicing by companies that sell their goods through their websites and social media accounts; e-commerce plugins, as well as API solutions, are offered to merchants who wish to integrate whatever business operations of an e-commerce store with PayTabs’ payment platform. Paymes is the company’s social commerce platform where micro-merchants and freelancers in UAE, as well as KSA, can make instant payments through links on their social media
Stripe provides a fast and effective solution when it comes to creating your e-commerce site, so you can begin accepting payments almost immediately. It also has a lot of features and advantages that make it an ideal option for many online businesses.
2010 Stripe was founded to make it easier to take online credit cards. When starting an e-commerce website meant dealing with a legacy payment processing company or middleman broker that would offer you connectivity to the processor.
With the help of Stripe, you can accept and display prices in over 135 currencies using its API infrastructure. Stripe also provides universal and local payment types, including Alipay, Apple PayAmex Express Checkout, Google PayMasterpass by Mastercard Visa Checkout, and much more.
Shopify is an eCommerce development platform with many features, which makes it the best choice for businesses. It is also easy to be used by anyone without coding skills.
Shopify enables users to sell items via websites, social media pages, online marketplaces and physical stores. It is also compliant with PCI standards and has support for 3D Secure checkouts.
It also has a built-in shopping cart solution, which makes it easy for you to sell your products. Its user-friendly interface also helps you establish brand recognition and increase sales.
Unlike most other payment gateways, Shopify has its one named “Shopify Payments,” which eliminates the need to set up a third-party provider. It permits you to avoid paying additional transaction fees and saves you time.
A global leader in e-commerce payment gateways, CyberSource processes over $400 billion in online transactions yearly. It also provides fraud and security solutions that connect merchants and payment processors worldwide.
CyberSource is a leading e-commerce credit card payment system management company, acquired by and supported by Visa in 2010. It offers services that process online payments, streamline online fraud management, and simplify payment security.
Seventy-two percent of UAE in-store shoppers would use their smartphones to enhance their shopping experience, according to a 2022 Global Shopping Index: UAE Edition survey by PYMNTS and Visa Cybersource. ECommerce retailers need to meet this demand for mobile-centric shopping experiences.
CCAvenue is South Asia’s largest payment gateway that powers over 85% of eCommerce websites. It offers real-time, multi-currency online payment processing services for businesses in Hospitality, Online Retail, Education, and other major industry verticals.
Its sophisticated transaction processing boasts high success rates, fraud detection capabilities, and dynamic switching between banks to complete transactions and mobile payments. It also supports 27 major foreign currencies to help you expand your customer base abroad.
It is a trusted payment gateway in the UAE and has been widely adopted by web merchants. Its reliable, secure, and hassle-free system minimizes transaction risks and accelerates the influx of revenue.
PayPal is a payment platform that allows you to make online payments from your credit card or bank account. Businesses and individuals widely use this service throughout the UAE, and it’s an excellent option for e-commerce websites.
PayPal also offers a free invoice tool to create customized invoices and send them to your customers. This feature can be helpful for small businesses that need more resources to accept credit cards directly.
Another feature that PayPal provides is a currency conversion. This service is ideal for international transactions, as it allows you to receive payments in your home currency instead of your local currency.
CashU is the first and largest online payment solution provider in the Middle East and North Africa (MENA). It offers a secure platform for online payments and allows customers to make purchases from various countries.
It offers merchants several features and benefits, including a secure payment process, modern fraud prevention AML systems, and a free API for developers.
The payment gateway has an easy-to-use interface and can be integrated into major e-commerce platforms such as Magento, Shopify, and WooCommerce. It also has a flexible pricing plan and offers 24/7 customer support.
Amazon Payment Services (APS) is a reliable payment gateway service provider in the UAE. It offers easy integration, competitive pricing, and comprehensive fraud protection. They also provide 24/7 customer support through phone, email, and live chat. The gateway accepts credit and debit cards, online banking, and mobile wallets.
Known as Payfort before Amazon acquired it in 2020, Amazon Payment Services is one of the UAE’s most popular and reliable digital payment gateways. It is known for its security and modern anti-fraud AML system.
As a regional leader in digital payments, Amazon Payment Services processes transactions for thousands of businesses across multiple industries. Its expertise supports businesses at every scale, from small and medium enterprises (SMEs) looking to establish their online presence to large-scale enterprises requiring dependable payment services to safely handle high volumes of transactions.
The company recently launched: Imagine Payments, a thought leadership forum for merchants and anyone interested in digital payments to learn more about the industry. The platform includes roundtable discussions, webinars, and white paper releases.
Stripe is a robust payment gateway that helps business owners and developers accept credit cards and digital wallets online. This service encrypts card information and sends it to an acquiring bank that processes the transaction.
After that, the customer’s information is sent to the issuing bank, which approves or declines the transaction. The bank then exchanges funds with the business owner’s bank.
This platform offers various features that can help your e-commerce business grow and thrive. It also has a built-in dashboard that can help you monitor payments, refunds, and disputes.
However, Stripe does have some downsides that can affect your business. For example, it only works well for high-risk industries such as intellectual property and counterfeit goods companies. It can also take a lot of work to scale. You may also face chargeback fees if you process a fraudulent transaction.
PayPal Express Checkout is a payment gateway that can accept credit cards on your e-commerce website. It is a fast and convenient option for shoppers, as they don’t have to leave your site to pay.
This gateway also offers in-context payments, which can help you increase your conversion rates. It’s also easy to set up and integrate.
The payment gateway is available in over 190 countries, charging users 2.9% + 30C/ per transaction with no setup or termination fees. It’s an excellent choice for small and medium-sized businesses.
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