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The 7 Best International Magento Payment Gateway Plugins

Best Payment Gateways for Magento
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  • The 7 Best International Magento Payment Gateway Plugins

Discover which of the top international Magento payment plugins is right for your business.

Merchants looking to present a professional online presence have a wide range of ecommerce platforms to choose from, one of the best of which is Magento. As a popular ecommerce platform with a great variety of extensions, it’s a common choice for merchants looking for robust ecommerce features to strengthen their global reach. To get the most from Magento for cross-border commerce, it’s important to combine it with the right international Magento payment gateway plugin or extension.

A global payment gateway should provide the right payment methods for customers in every market where you do business and localize the options shown based on the customer’s location. Get the right solution and you’ll be giving your customers even more reasons to come back for more. Here’s an overview of the top seven International Magento and Magento 2 payment gateway extensions:

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The 7 Best International Magento Payment Plugins

The following are some of the best global payment plugins for Magento, starting with Rapyd’s all-in-one solution.

Rapyd

Instead of dealing with multiple payment gateway integrations, Rapyd lets you add hundreds of payment methods with a single integration and automatically offers customers their preferred local payment options at checkout. Everything about the Rapyd solution is designed with an emphasis on helping merchants widen their customer base and scale globally as quickly and easily as possible. 

Pros:

  • The most comprehensive Magento payment plugin, offering the most localized payment options
  • Built-in fraud monitoring that works across all payment methods, not just cards
  • Fully certified PCI-DSS solution with payment solutions for countries around the globe.

Cons:

  • Requires some coding knowledge to set up.
  • Does not include PayPal, but can be set up along with a PayPal integration

Pricing: 2.9 percent + 0.30 USD per successful transaction.

Try the Rapyd Payment Plugin for Magento for Free

PayPal

A recognizable ewallet with global recognition, PayPal offers a secure international magento payment gateway plugin that customers can use to make payments with either their PayPal account or credit card (even if they don’t have an account).

Pros:

  • It supports multiple currencies
  • Offers PayPal credit
  • Widely used
  • Advanced encryption for fraud prevention

Cons:

  • May need to leave the merchant’s website to complete the transaction
  • Only accepting PayPal means merchants are limiting themselves in countries where other digital wallets (AliPay, GrabPay etc.) are more popular

Pricing: 2.9 percent + 0.30 USD per successful transaction.

Braintree

Braintree is owned by PayPal. However, Braintree accepts payment methods that PayPal does not, such as Apple Pay, Android Pay and ACH transfer. 

Pros:

  • No set-up costs
  • Accepts payments in over 140 currencies
  • Offers a variety of payment methods

Cons

  • Refunds aren’t given for partial customer refunds
  • It’s available for merchants in a limited number of countries

Pricing: 2.9 percent + 0.30 USD per successful transaction.

Stripe

Stripe offers a robust payment gateway solution built with developers in mind. Their API integrations allow developers to add a variety of payment methods, including cards and alternative payment methods, to any application.

Pros:

  • Accepts many popular payment methods including major credit cards Android Pay, Apple Pay and Alipay
  • Accepts payments in over 135 currencies
  • Real-time reporting

Cons: 

  • Only available in around 44 countries
  • Merchants have to pay for Premium Support
  • Merchants have to pay additional fees to make adjustments to their setup

Pricing: 2.9 percent + 0.30 USD per successful transaction. 

Authorize.net

One of the default options in Magento, along with PayPal, Authorize.net offers a few different payment methods, including credit cards, Apple Pay and Visa Checkout. 

Pros:

  • Free Advanced Fraud Detection Suite
  • Card details can be saved for future purchases
  • Free mobile app (though reviews of the app suggest it would benefit from further development)
  • 24/7 customer support

Cons: 

  • A business has to be located in certain regions (the US, Canada, Australia, or Europe) to use it as a payment gateway
  • Merchants are charged a monthly fee on top of transaction fees
  • Doesn’t natively support subscription payments

Pricing: 2.9 percent + 0.30 USD per successful transaction, plus a monthly fee of $25.

Amazon Pay

Amazon’s solution lets customers pay using the details set up on their Amazon accounts, they log in to the Amazon platform and make payments that way. 

Pros:

  • Customers aren’t redirected from the merchant’s website to pay
  • Benefits to the merchant include a marketing guide, logos and payment marks
  • Convenient for Amazon Prime members

Cons: 

  • Only Amazon customers can use it
  • It isn’t very popular in countries where Amazon doesn’t have a strong presence

Pricing: It varies, depending on where your business is based, but starts at 2.9 percent + 0.30 USD per successful transaction.

2Checkout

Acquired by Verifone in 2020, 2Checkout is a popular choice as a Magento payment gateway thanks to its localization options.

Pros:

  • Good security features including more than 300 fraud rules
  • Merchants that process over $50,000 a month get a high volume discount
  • Available in almost 200 countries
  • Supports over 30 languages

Cons:

  • High processing fees
  • It’s the most expensive option in terms of transaction fees

Pricing: Starts at 3.5 percent + 0.25 USD per successful transaction.

Reach Billions of Consumers Worldwide with the Rapyd Magento Payments Plugin. Try it for Free.

Choosing the best payment solution for Magento can make a huge difference to your sales and cart conversions. Merchants looking to grow their global business should be aiming for less cart abandonment and more repeat sales, and the right Magento / Magento 2 payment extension can achieve both of those things.

No matter what the needs of your business are, you should be looking for a solution that lets you scale on a global level and provides the most seamless checkout experience for your customers across the world.

Try the Rapyd Magento Payments Plugin for Free and Reach More Customers with their Preferred Payment Methods

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