PayPal vs Authorize.Net, which is the best Magento 2 payment gateway integration?
Are you trying to find out if PayPal or Authorize.Net is the best option for your Magento 2 site’s payment integration? Find out in this article.
When switching to Magento 2, it can be difficult to find a payment gateway that works with its platform. Fortunately, PayPal and Authorize.Net are two competing payment platforms that can be used. In this article. we will help you decide which one is better for your Magento 2 payment gateway integration.
The main reason why 7 million businesses choose PayPal is due to its simplicity. You can use it at any time, it offers a fast checkout and accepts international payments. Here is a list of its main features:
- Allows for payments via credit cards
- Allows you to make and send customized invoices
- Doesn’t require extensive setup or paying monthly fees
- Available in over 200 countries
- Uses exchange rates in transactions that require currency conversions.
PayPal is also extremely easy to set up. All it takes is your email and your verified credit or debit information. On average, it takes at least 1-3 days for your information to be verified and, once verified, you will be able to create online transactions, send gifts, or use money for donations.
It is also possible to process debit and credit card payments. When doing transactions with a bank, it can take up to 4 days before its processed.
For established businesses, Authorize.Net by Visa makes a great payment integration. It connects you to a group of merchants and vendors to help you sell your products more effectively. These are its main features:
- $25 monthly gateway fee
- Free mobile app
- You can benefit from this tool as it fights fraud
- Free 24/7 Support
- Provides solutions for online and mobile purchases
The main reason why people like Authorize.Net is because of its ability to process online and offline payments. This makes it easier for brick and mortar businesses to transfer their services to a digital market in order to better serve their customers.
Plus, Authorize.Net allows you to use a multitude of cards. This gives you the ability to make international payments in different currencies and banks. So, if you are trying to diversify your Magento site with a reliable payment option, then Authorize.Net is a great option.
The only slight annoyance is that you will have to create a merchant account with the Authorize.Net payment gateway. This can be an issue as it makes the installation process more difficult. We suggest Authorize.Net for medium to large businesses that want their Magento site to receive the best vendor perks around.
With all this in mind, whether you choose PayPal or Authorize.Net, they are both good Magento 2 payment gateway integration options. When selecting one, choose to see which one fits the needs of your company and has the best way to process your customer’s requests. Ultimately, use these payment gateway options to utilize the best features they have to offer.