The capability of supporting many payment gateways is the key to an ideal Point of Sale (POS). Since there are numerous payment gateways out there, this article is to reveal the top 5 payment gateways for POS in 2020.
The importance of payment gateways for POS
A payment gateway is a software application used by merchants to accept online payments. And it is decisive to business safety and flawlessness, especially when you use a POS system.
Firstly, payment gateways reduce check-out time by providing a smooth experience.
Secondly, it helps minimize human errors and makes it easy to deal with extra features like return, exchange, and money-back guarantee.
Finally, the PCI DSS (Payment Card Industry Data Security Standard), which merchants need to be compliant with to accept money from payment gateways in POS, ensures the transparency and security of transactions.
Top payments gateways for POS in 2020
Paypal is a user-friendly and quick online payment platform facilitating digital transactions. Being PCI DSS compliant as Merchant Level 1, the platform guarantees security for both companies and individuals to send and receive payments without entering card details for every transaction.
Paypal supports commonly used credit cards such as Visa, Mastercard, Citibank, American Express, etc. With Paypal, you can accept payments with your peace of mind.
- Paypal HERE card reader, making it easy to receive the money transferred in your store or on-the-go.
- Inventory tracker
- Virtual terminal
- Quick check-out
- Barcode scanning
- Online invoice
- Paypal for freelancers
Authorize.Net is an international payment gateway preferred ever since 1996. With a wide range of payment options supported, Authorize.Net promises to bring about the experience of any time and anywhere payment acceptance for businesses. Visa, MasterCard, Discover, American Express, JCB, PayPal, Visa Click to Pay, Apple Pay, or E-check, whichever it is, Authorize.Net ensures you premium services and secure online transactions.
A useful fact: Authorize.Net is already a PCI DSS compliant, which can narrow down your business compliance scope.
- Advanced fraud detection
- Customer information manager
- Variety of payment types
- Recurring payments
- Account updater
- Simple check-out
iZettle is Europe’s most preferred one-stop shop for advanced and world-class commerce tools. It offers everything you need to make quick and secure transactions, manage your everyday business, and have your funding grown just with an easy-to-set-up app. Even better, for your information, iZettle is already PCI DSS Level 1 certified.
POS system generated by iZettle enhances the productivity of staff and shopping experience for customers with its simple and scalable features. The business loves it, the customers love it.
- Secure checkout
- Instant product and sales reports
- Inventory management
- Bank deposits in 1-2 working days
Moneris is Canada‘s No. 1 payment processor when it comes to EMV (originally stands for Europay, Mastercard and Visa – the three companies that set the standard for POS system) and omnichannel gateway solutions. Being trusted by over 350,000 merchant locations with 3.5 billion transactions handled every year, Moneris promises smooth and credible payment gateways for POS for businesses.
Retail, restaurant, trade, professional practice, not for profit or enterprise, whoever you are, Moneris will find the right way to love and support you unconditionally.
- Partnership with TrustKeeper to assist businesses with PCI DSS compliance
- Easy and secure check-out
- Application Program Interface (API)
- Multi-currency pricing
- Account updaters
- Fraud protection
Stripe, a cloud payment gateway for POS, is believed to be one of the world’s most advanced online payment platforms designed particularly for internet businesses. It offers a premium and complete solution to handle the digital payments process at ease.
Stripe is a feature-rich payment gateway for POS assuring smooth experience of funding and managing business with its rich features covering all of your business management aspects from Accepting, Processing, Settling, and Reconciliation to Management.
- Act as a PCI advocate supporting PCI DSS validation
- Embeddable UI toolkit
- Buy now, pay later
- Financial reporting
- Consolidated reports
- Accounting support
We hope that the article brought you some good news in this harsh year when there is not that much good news. Want more good news? There is a POS system that supports all 5 of the payment gateways for POS mentioned, ConnectPOS. Well, actually, 4 of the 5 payment gateways are already integrated, and ConnectPOS has planned to release the Stripe integration this November.
So, in the meantime, why don’t we check out ConnectPOS to support your business with one of the best payment integrations in POS with secure and transparent payment gateways for POS? And stay tuned for the new integration, Stripe!
ConnectPOS is the retail pos system in the ecosystem, making transactions in physical stores become easy and automatic. It enables consumers to click and collect, synchronize information across platforms and devices and have a seamless shopping experience. It also helps retailers digitalize customer behaviors, track data in real time at customer touchpoints and provide intelligent business recommendations.