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8 Min. Read

Top 4 Online Payment Methods for Ecommerce Businesses

Top 4 Online Payment Methods for Ecommerce Businesses

Have you recently started your own online business? The world of e-commerce can be exciting. And there is perhaps nothing as exciting as when you start getting paid. But to ensure that you get paid for your products or services, you need the right payment solution.

There are many online payment methods, so it’s important to find one that’s most suitable for your needs. In this guide, we help you decide which of the many online payment methods is right for you. There is a lot to consider, so it’s important to understand which features they offer and how they can benefit you.

We break down each entry and show you how it works. You can then narrow down the most viable online payment methods for your business.

Here’s What We’ll Cover:





Key Takeaways


If you’re looking for a versatile online payment option, FreshBooks has you covered. This application offers a wealth of tools and resources. Each one is designed to simplify your business operations for smooth sailing.

For example, FreshBooks Payments lets you send an invoice to your customer. With that invoice, your customer can pay you directly. This eliminates the hassle of having to use multiple systems to juggle your sales and payments.

What’s more, FreshBooks automatically records every payment made to you. They are all saved to your unique account. From there, you can review your sales history for easy tracking and managing. Even better, FreshBooks is completely safe and secure for you and your customers to use.

Having your sales and payment system all in one place is the epitome of convenience. No longer do you have to rely on multiple systems. FreshBooks does it all, so you don’t have to go back and forth. You also don’t have to invest in several programs. FreshBooks makes your life easier and saves you money.

Say “goodbye” to hidden fees. FreshBooks prides itself on its transparency. Unlike other online payment methods, there are no hidden fees. You pay a simple pricing structure and never anything more. For example, credit card payments charge 2.9% + $0.03 per transaction. And that’s it.

There’s also a Select Plan through FreshBooks that could be the perfect solution for you. This plan works to save you time and money. With it, you can look forward to:

  • Preferred credit card and caps on pre-authorized debit transactions
  • Customized training (individual and team)
  • Dedicated Account Manager

FreshBooks also accepts all major credit cards, so you don’t have to worry about missing out on sales. And once you pay for FreshBooks, there aren’t any monthly charges on top of it. FreshBooks makes online payments easy in every way imaginable.

One of FreshBooks’ most popular features is its one-click payment system. Instead of sifting through countless tabs and windows, just a single click is all it takes to accept a payment. Imagine how much your clients will appreciate the time you save them. This feature works on:

  • Pre-authorized debit cards
  • Accepted credit cards

After you accept the payment, FreshBooks deposits the money directly into your bank account. Another handy feature is the Checkout Links. You can post these links on your social media or website for easy selling. Customers just click the Checkout Link to buy from you.

Thanks to this feature, you don’t have to create and send invoices. What’s more, Checkout Links accepts both credit cards and bank transfers. And as soon as your customer buys via a Checkout Link, FreshBooks automatically sends them a receipt. The checkout process is streamlined for speed and convenience.

These are just a few of the benefits you get from FreshBooks. When you sign up to use FreshBooks, you get a wealth of robust payment features, including:

  • Payment options that include VISA, American Express, Apple Pay, and MasterCard
  • Offer flexibility to clients with Partial Payments and Payment Schedules
  • Automatically imports processing fees as expenses
  • Auto-generated Payments Collected Reports
  • Accept international currencies with Stripe
  • Request deposits to control your cash flow
  • Fast and easy bank deposits

Want to check out FreshBooks before you buy? No problem. You can download and try FreshBooks for 30 days, free of charge. Once you enjoy the benefits of this online payment method, you’ll never want to use anything else.


PayPal is a popular mainstay in the online payments industry. It’s been around for many years now and continues to innovate as it grows. Powerful technology supports PayPal, ensuring top performance and reliability.

Your customers will appreciate the ease of use, and so will you. With PayPal, you can accept credit card and debit card payments. And there is a wealth of payment options and features hidden within. For example, you can let your clients pay you later or extend buy now offers.

You can also post instant links that take your customers right to your PayPal checkout. Post these links on your social media for fast and east payment. It not only makes your life easier, but it saves your customers time as they shop.

If there’s one thing that online payment services are known for, it’s convenience. Granted, some are more convenient than others. But by and large, you can expect simplicity and accessibility when you use online payment methods.

And this is where PayPal shines. You won’t find any complex or cumbersome functions here. Everything is presented to your customers in an easy-to-understand format. What’s more, it’s just as easy for you, the seller.

Even better, PayPal is lightning-fast. And as soon as your customer buys something from you, PayPal shoots over a receipt to their email. You can easily keep track of payments and items sold. That’s the versatility of PayPal, and it’s something you are sure to use in your business management.

PayPal is also incredibly secure. Powerful security software keeps PayPal near the forefront of online payment methods. Users know they can trust PayPal with their money, whether buying or selling. So if you want a user-friendly payment system for your online business, PayPal is worth a look.


Stripe offers many of the excellent functions and features found in leading online payment methods. For one, Stripe is known for its safety and security. Users needn’t worry about making transactions with Stripe, as it safely manages payment data and information.

What’s more, Stripe accepts all of the major credit cards. As such, you won’t have to worry about missing out on payments. Furthermore, Stripe is versatile. It works with other online payment processors to great effect.

The compatibility is smooth and effortless, ensuring a hassle-free user experience. Stripe works in conjunction with:

  • Masterpass
  • Google Pay
  • Apple Pay

As a result, you can offer your clients more options in how they pay. Stripe displays these options on your checkout page and cart for greater convenience. This makes the checkout process better for your clientele. Need to accept international payments? Stripe does that, too.

The software is PCI-certified, so you can accept payments from all over the world with ease. With so many flexible payment options, Stripe is definitely worth looking into.


Square rose quickly to become one of the most trusted online payment methods. Where Square differs slightly from other options is how it lets you accept payments. With the Square card reader, you can accept payments directly from your smartphone or tablet.

This is handy if you have an online store and a physical location. You can even use Square to sync up with your inventory for greater flexibility and control. Thanks to this feature, you can streamline your operations. Over time, you can improve the customer experience for optimal results.

Another notable feature of Square is that you can use it in your payroll processing. Square’s features run deep, giving you control of time management and much more. The included features allow you to engage with customers and manage online invoices, as well.

If you’re looking for a payment method that helps you grow your business, Square is definitely one to keep an eye on. The fact that it works seamlessly with both online and physical stores is a huge plus that business owners will want to check out.

Key Takeaways

As you consider all of your options, it’s important to think about what kind of experience you want to give your customers. Do you want them to have plenty of payment options? Do you want to make buying from you as easy as possible?

With the best online payment methods, you can ensure a smooth experience. It’s also important to think about what you want from your payment system. There are plenty of convenient payment methods for customers. But many of them are difficult for the seller to use.

With FreshBooks, you get the best of both worlds. Your customers will appreciate how easy it is to buy from you. And you will appreciate the sleek user interface and robust features.

Did you enjoy reading this guide? Head over to our resource hub for more great content!