PayPal or Authorize.Net: Which One is Recommended Magento 2 Payment Gateway?

“If you believe in unlimited quality and act in all your business dealings with total integrity, the rest will take care of itself.” A quote by Frank Perdue, the president, and CEO of Perdue Farms in USA. Integrity shouts out loud! Specially, in eCommerce, it plays a vital role. Do you know the key of success in eCommerce? It’s the bond of trust that exists between you and your customers.

When it comes to eCommerce store development, Magento is one of the most prominent platforms. It holds thousands of e-stores with flexible solutions. And as per the latest updates e-store owners need to migrate from Magento 1 to 2 at the earliest as Magento 1.x support date will be available only till June 2020. According to the Similar Tech stats, there are over 3,792 online stores and 3,595 unique domains currently based on Magento 2 and the platform is rapidly growing.

When you aim to have a store based on Magento 2, your number one priority should be – rendering a marvelous user experience. Provide a safe payment method, easy one step checkout, (synchronized with recognized payment gateway) and your life is sorted! Payment is an important aspect as users care about it the most. Of course, the security of their transactions is whole another topic.

Talking about payments, the question that arises is, which payment gateway to go for when you have your e-store on Magento 2 platform? Honestly, it depends on your requirement and the type of your store. Apart from thousands of available options, I am going to talk about two of the most popular Payment Gateways. PayPal and Authorize.Net. So, let’s dive in:


Paypal for business

We know the name quite well. It doesn’t need any introduction saga. Over 7 billion business owners leverage this payment gateway. It is simple to use and provides faster check out. Research Studies have proved that integrating PayPal can increase up to 29% of your customer base. Why? Because of its integrity and usability.

Listed below are some of its major features:

  • 42 % of online shoppers worldwide prefer to pay via credit card. You can easily make payments via credit cards
  • You can send invoices with customizations.
  • Low-cost setup for monthly fees.
  • Available in 200+ countries
  • Easy transactions for currency conversions.
  • No startup or monthly fees

In terms of security, PayPal offers encryption and 24-hour monitoring. Hence, the major focus to enhance your User experience in terms of security get solve with it. The fee for this payment gateway is 2.9 percent + 0.30 USD per authorization.


Authorize net pricing

Authorize.Net by Visa is another popular payment gateway. Looking at its pricing, it will cost you $49 set up, $25 Monthly + transaction charges. It accepts all major credit cards directly from your website. Listed below are some of its features.

  • Advanced fraud detection suite
  • On-hand support team
  • Easy account handling with quick sync
  • Recurring payments
  • Use multiple cards for payments

In terms of choosing a payment gateway for Magento 2 store, Authorize.Net is the best option. With the ability to use multiple cards, you can make international payments on various currencies and banks. For medium to large sized businesses Authorize.Net is more recommended as it receives the best vendor perks around.

Which One to Go for?

Both the platforms are perfectly suitable for e-commerce e-stores. Which one you zero upon, depends on your requirements and needs. As per the features explained in the blog, PayPal is simple to use with enhanced security features. is handy for medium to large sized businesses. Which business category belongs to you? Which one is your choice of payment gateway? Please feel free to share with us.

Author Bio:

Maulik Shah is the CEO and the founder of Biztech: Magento 2 development company. He loves to share his insights on the current technology trends. You can read his other articles on his biztech blog as well.

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