The payment solutions provided by stores have a great impact on business success. If you only offer processors that your customers don’t know or trust, you may miss the opportunity. Therefore, if the e-commerce store focuses on the European market, the woocommerce payment solution for that object must be used. Finding the perfect tool can be difficult. In most cases, we want to provide multiple payment processors for customers to choose from. This article will compare woocommerce’s six European payment solutions. Discuss the time needed to collect money, allowed calls, supported countries, etc. let’s go!
Comparison of European settlement solutions: in short, before discussing each solution in detail, let’s see how to compare with numbers. Armed with this information, you can better understand which European payment solutions should be used. 
* Authorize. Net based seller account, but non seller options are available. Keep in mind that there are more European friendly payment solutions available for the complete chart woocommerce store. But these six options represent the simplest payment gateway to implement. 6 European payment solutions: detailed comparison. This discussion will focus on payment solutions supporting multiple European countries. Some of these solutions operate globally. This means that if you want to sell to potential customers around the world, it is completely feasible.
1. Woocomers settlement androg woocomer payments are designed for the specific purpose of the woocomer team on the company’s platform. This means you can work smoothly and manage everything directly from the word press dashboard. Because the support is handled by woocommerce, anyone who asks for help absolutely understands the problems faced by WordPress and store owners. Woocommerce payments can join for free without monthly royalties. The transaction fee is set as the industry standard of 2.9%, plus US $0.30\/fee.
This payment solution can be used in more than 10 European countries, Canada and the United States, supporting more than 135 currencies. However, if the transaction is conducted in a currency other than US dollars, an additional handling fee of 1% will be charged. Through woocommerce payments, customers can also pay with apple pay, p24, giropay, ideal, bancontact, sofort or SEPA. Why is this important? Because the settlement process is faster, you can use existing accounts instead of letting shoppers look for credit cards. You can also request recurring subscriptions, memberships, payment plans, and automatic replenishments. God is the limit!
Your funds can be deposited into your bank account within two days. Availability: woocommerce payments are available in the following European countries: 2. Papal PayPal is one of the most popular international settlement solutions with more than 400 million active users in the world. With PayPal, customers can pay by digital wallet, credit card, debit card and bank remittance. In addition, the payment processor supports 25 currencies. One thing PayPal should pay attention to is that the available payment methods and fees vary depending on the country where the account is located. PayPal also charges a 2.5% – 3.5% exchange fee.
PayPal does not force users to open a seller’s account. If you still plan to run an e-commerce business, it’s best to create one. For seller’s accounts, PayPal charges a standard fee of 2.99% for credit or debit card transactions and 3.49% if PayPal checkout is used. In addition, according to the different calls received,
This also deserves attention. From the seller’s point of view, karna provides full payment as advance payment and handles financing. In addition, it is also helpful to guide the business flow of members through applications. With karna, you will receive sales money directly from your bank account. However, the payment processing time may vary according to the agreement. Availability: karna can be used in the following European countries: 6. Mollie androg Mollie is a modern European settlement solution with the goal of setting prices in advance to the greatest extent. It also supports almost all payment methods you can think of. Mollie allows the use of credit cards, PayPal, apple pay, bank remittances (including SEPA remittances) and gift cards. The payment solution is also integrated with karna. Mollie has complete control over the type of payment option to activate. The platform supports not only installment payment, but also one-time and repeated payment. You can also customize the payment experience and integrate with online stores. Mollie will charge the credit card a fee of 0.25 + 1.8% – 2.8% as long as the processing fee is paid. Offer a variety of prices according to the payment options provided to customers. In many cases, Mollie’s credit card processing costs are lower than industry standards, such as MasterCard and American Express payments. By default, Mollie pays to the bank account twice a week, and the processing time is generally 1 ~ 2 days. However, you can also configure a custom payment schedule as needed. Availability: Mollie is available in the following European countries: Payment gateway operates e-commerce business based on Europe, which can provide payment solutions suitable for as many customers as possible, so as to increase revenue. European payment solutions make it easier for local shoppers to pay. They also simplify the withdrawal of this money into your bank account. If you still don’t know which European payment solution to use, you can summarize the following six options and make a quick comparison: Wocumers payment: with this payment solution, you can integrate multiple payment methods in the store and support more than 135 calls. Maintain and manage in the word press dashboard, simplify the whole process, and provide high-quality word press special support. PayPal: PayPal gives you access to one of the world’s largest user groups and reliable global payment brands. Viva Wallet: designed for European customers and businesses, viva wallet supports all calls and easy access to money. Authorize. Net: This is one of the most mature payment solutions in the world. If you have a seller account, authorize. Net provides the lowest handling fee according to sales volume and overseas sales volume. Karna: this payment solution provides financial options for European customers. Mollie: Mollie offers a variety of processing fees and payment methods. View all payment solutions available on the marketplace.
