Firstly, what is a payment gateway?
Let’s simplify this by calling it something you might have heard of - a plug-in.
In the context of WooCommerce, a payment gateway is a plugin for your WooCommerce website that allows you to take payments for goods and services on your website.
You might have heard of some of the most popular gateways, such as Stripe, but others, like Taylr.io, are offering an alternative, affordable WooCommerce payment solution for small—to medium-sized businesses.
Why should I use a payment gateway or plugin with WooCommerce? How do I collect payments from WooCommerce?
You need a payment integration if you want to make money from your WordPress website by selling goods and services through online transactions.
A good payment plugin will consist of the following:
A seamless checkout
Anti-fraud measures
Access to multiple payment methods, including credit and debit cards, Apple Pay, Google Pay, open banking and cryptocurrency
WordPress or WooCommerce will, by default, direct you towards their proprietary payment technology, WooPayments. However, there are many different gateways and plugins that you can use on your website that are just as good and cost less.
Should I Use WooPayments, and what is the advantage of using a payment gateway or plugin instead of WooPayments?
You might wonder if there is a better option than WooPayments and what the best payment integration is for WordPress/WooCommerce websites. Let’s investigate…
WooPayments are great, but there are advantages to using a payment gateway like Taylr.io. For examples:
Low costs of transactions
Customized payment set-up for your customers
Better access to customer service
Anti-fraud technology built-in
Ultimately you need to make sure you choose a payment plugin that works for you and your business.
We previously wrote about what SMEs should consider when selecting a payment provider in this blog post.
How much will it cost to use a WooCommerce payment plugin?
Costs can vary wildly between different payment integrations and plugins, so you’ll want to research your options before signing on the dotted line with your payment gateway. You will need to take note of the below considerations when it comes to payment technology prices:
What is the set fee per transaction?
What is the service charge?
What is the % fee per transaction?
What payment options do they provide to my customers?
Ultimately, you want to speak to someone who can explain the fees, what they mean for your business, and how your transaction volumes might impact the overall cost. At Taylr we believe pricing should be transparent, and we’re always open to discussing it with our customers and potential customers.
Are there free ways to take payments on a WooCommerce or WordPress site?
There are Core Payment Options, which are free payment methods built into WooCommerce. These include Cash on Delivery, Check Payments, and Direct Bank Transfers (BACS). While these might be useful for certain businesses, they’re not appropriate for scaling an e-commerce business that needs to take online payments.
What must I consider when choosing a payment technology provider for WooCommerce?
We wrote a whole blog post about what you need to consider when choosing a payments partner - have a read of it here, and we’ve summarised and linked to the top considerations below:
How do I integrate with WooCommerce?
There are many ways to integrate payment technology into your e-commerce website, whether you want to go for a custom form or an easily integrated plugin, which WooCommerce allows.
We won’t go into the nuts and bolts of integration now, but if you’re interested in learning more, or want to know how Taylr integrates with your WooCommerce website, just get in touch and we’ll happily talk you through the process.
Can I take payments for subscriptions using Taylr’s WooCommerce integration?
Yes you can! If your website model includes subscriptions, that’s fine.
When you set up an account with Taylr, we will discuss how and when you need to take subscriptions. We will then show you how to set that up.
It's super easy, as it should be.
About Taylr
Meet Taylr.io - better payment technology.
Taylr.io is payment technology for small and medium e-commerce businesses, working with the top payment technology providers to deliver exceptional payment experiences for your customers.
Pay as you grow, with scalable payment technology and transparent pricing to ensure merchants get value for money. Integrate our payment technology into your website now, and experience better customer support throughout your journey with us.
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