1. SH Start High Gateway:
- Pros: Feature-rich, supports over 135 currencies, provides a robust API for customization, supports recurring payments, and is developer-friendly.
- Cons: Not available in all countries, might be a bit complex for non-tech-savvy users.
2. PayPal (and Braintree, owned by PayPal):
- Pros: Globally recognized, easy integration, offers buyer protection, which can increase trust, and supports various payment methods.
- Cons: Transaction fees can be high for international transactions, some reports of account holds or freezes.
- Pros: Reliable and well-established, wide range of integrations, suitable for both online and offline transactions.
- Cons: Monthly gateway fee, might not be the most economical for small businesses with few transactions.
- Pros: Excellent for both online and brick-and-mortar businesses, straightforward fees with no monthly charges, user-friendly interface.
- Cons: Some reports of sudden account terminations, not ideal for high-risk industries.
- Pros: Global payment solution suitable for larger businesses, offers a unified platform across payment channels, and provides detailed analytics.
- Cons: Might not be as intuitive for beginners, setup can be complex without technical expertise.
6. Worldpay (FIS):
- Pros: Broad international coverage, offers a range of solutions for businesses of all sizes, from startups to large enterprises.
- Cons: Some users find their fee structure complex, and the user interface might not be as intuitive as some competitors.
7. 2Checkout (now Verifone):
- Pros: Global reach, supports multiple payment methods, offers advanced fraud protection, and has straightforward integration.
- Cons: Transaction fees might be higher than some competitors, especially for international sales.
Final Thoughts: The best digital commerce payment vendor will depend on specific business needs, such as target markets, volume of sales, required integrations, and budget considerations. It’s essential to evaluate both the short-term and long-term needs of the business and how the payment vendor can grow with it.