Payment system

The Best Online Payment Systems to Use in the UK

Are you looking for a secure online payment system in the United Kingdom? There has never been a time when there have been more options than there are right now. These platforms are also available at the best online casino as well. Thereof, if you are ready to gamble online, you can also make use of them as well.

The most popular and simple-to-use solutions for UK businesses are shown below. If you are seeking the most affordable solution, you might want to seek quotations from us here.

WorldPay Online

WorldPay is the UK’s largest payment processing provider, handling more than 40% of all card transactions. They will almost certainly have a solution for you if you want to accept credit cards.

  • Online Payment Gateway: Payments in over 116 currencies and allows you to accept all major credit and debit cards as well as PayPal.
  • Online Merchant Account: All your customer payments go straight into this account, which they will then settle into your bank account.
  • Pay By Link: Secure online payments without needing a website.

Shopify

In the United Kingdom, Shopify is the most popular eCommerce platform. Unlike PayPal, they provide everything you need to launch an online business, from web hosting to payment processing to seamless connection with other sales channels like Amazon and their own point-of-sale system.

They are also quite simple to use, and they even provide a free 14-day trial with no credit card required.

PayPal Online Payments

When it comes to online payments, PayPal is probably one of the first names that come to mind. PayPal claims that over 20 million UK shoppers use the service each year, and that 7 million businesses across the world utilize its platform to take payments.

Stripe

Due to their simplicity of integration and open pricing, Stripe has quickly become one of the most popular online payment systems. You can set up recurring invoicing and direct debit options in addition to card payments.

To begin selling online, you will still need your own website and shopping cart software, as with the majority of the options given here.

Stripe Fees

  • No setup, monthly, or hidden fees
  • 4% + 20p for European cards
  • 9% + 20p for non-European cards
  • SEPA Direct Debit: 1% + 20p (£5 cap)

Stripe benefits

  • Simple, transparent pricing
  • No setup, monthly, or hidden fees
  • Real-time fee reporting
  • Competitive rates on European credit cards

Stripe Downsides

  • To get it operating, you’ll need some technical knowledge, but they provide thorough easy-to-follow documentation.
  • On Trustpilot, it has only average ratings.
  • Debit and non-European cards have greater fees than some of the other options.
  • Transfers appear in your bank account on a seven-day rolling basis once you’re set-up, which is substantially slower than many competing services.