Best online payment methods for small businesses

Although the internet is full of opinions that “cash is king,” most purchases today are made online.

After all, it is much more convenient to order something on the internet than search for the item we need in stores. As such, numerous small businesses decide to provide their customers with a wide variety of online payment methods. If you are a small business owner and do not know what online payment method will be the best fit for your company, you came to the right place. Here, we list top online payment providers, ranging from PayPal, Stripe, and Shopify Payments to Opayo and Apple Pay. Read on to find out about the best online payment methods for small businesses.

online payment methods for small businesses


Functioning as a bank for online payments, PayPal is one of the most popular and convenient payment methods. Many online casinos even use it, as its additional layer of protection allows casino visitors to feel safe and secure. If you wish, you can read more about using PayPal for casino deposits here:

Nevertheless, the main benefit of PayPal is that it accepts a variety of payment methods, including credit cards, debit cards, and bank accounts. The company has an estimated user base of over 390 million individuals and businesses.

In addition to the vast array of payment options, PayPal offers several other benefits. First of all, PayPal protects sellers from chargebacks or fraudulent transactions, allowing them to focus on their business instead of payments. Furthermore, PayPal offers a lower transaction fee than most other providers. Finally, PayPal provides a wide range of services, including invoicing, accounting, and merchant services.


Another reliable online payment provider is Stripe. Stripe was founded in 2009 and has since become one of the largest online payment providers in the world. It is used both by small and large businesses alike. It offers simple, pay-as-you-go pricing, making it one of the most accessible systems to use.

Shopify Payments

If you are looking to create a place where your customers can purchase your products and services without much hassle, Shopify Payments might be the right choice for you. It is a free payment provider that comes with every Shopify plan.

Shopify Payments allows sellers to accept payments from hundreds of sources, including credit card payments and PayPal. Besides this, the provider provides anti-fraud protection, 24/7 real-time support, fraud detection prevention and recovery services, and more.

Apple Pay

It is no surprise that online payments are growing every year, with new users entering the market every day. As such, you need to stay up to date with the latest trends to keep customers satisfied. Although Apple Pay’s user base is still pretty small compared to Google Pay or PayPal, it is growing at a very fast pace. Even now, it has over 500 million users.

The main appeal of Apple Pay is that it allows users to pay without even taking out their credit cards from their pocket. It makes it perfect for things like paying for gas or buying something at your local corner shop when you don’t have enough money on you at the time.

The only downside of Apple Pay is that it only works on iPhones and iPads. Despite this drawback, it is hard to ignore Apple Pay’s appeal when we consider the popularity of iPhone and iPad smartphones in today’s world.


Opayo is another attractive option if you are looking for a trustworthy online payment provider for your business. Although it operates only in the UK and Ireland, it provides services to over 50,000 merchants. The company specializes in providing credit card processing for eCommerce merchants and offers recurring billing, online invoicing, fraud protection, and more.

The main highlight of Opayo is its 24/7 support. Whether it is day or night, you can always count on the support team to help you solve your problem. Another great thing about Opayo is that it accepts a wide range of payment types, including VISA, MasterCard, and American Express.

eBay managed payments

Although eBay is not technically a payment provider itself, it still deserves a place in this list due to its vast number of users around the globe. According to the latest report from Statista, eBay had over 187 million active buyers worldwide in the first quarter of 2021. It means that it is an excellent place for any company looking to expand its customer base or increase sales numbers even further!

The bottom line

There you have it! These are the top online payment methods that you can implement to your small business. Keep in mind that the online payment methods you decide to choose will significantly impact your small businesses. As such, spend part of your time doing the much-needed research on options that you find the most interesting. This way, you will be able to make an educated decision.

Regardless of what payment method you choose, always strive to improve your business. If you do that, nothing will stop you from achieving success. Good luck!