The 10 online payment solutions

A reminder of what an online payment solution is

There's no denying it: the health crisis has had a profound impact on French consumer habits. The e-commerce boom with an increase of 14,8 % in 2020 is just one of the direct consequences.

The B2B market is not to be outdone, as FEVAD (Fédération du e-commerce et de la vente à distance) counts sales of 6,913 billion dollars 13% more than in 2022.

The concept of online payment is inseparable from that of online e-commerce. This means an exchange of money carried out remotely via a digital system. Online payment therefore concerns transactions carried out online, on the Internet or via telecommunications networks.

In other words, online payment enables consumers to pay for purchases made remotely via your computer or smartphone.

Online payment solutions are therefore tools for making online payments.

For an e-merchant or a company selling its products/services online, the choice of an online payment solution is a key factor. In particular, it is a guarantee of performance, since a web surfer who has a an easy, secure and fast way to pay for your purchases is very likely to return. Conversely, consumers who have the slightest doubt about security when paying, or who are confronted with a slow and complicated process, may quickly abandon their purchase.

The choice of an online payment solution therefore plays an essential role in the conversion of an e-commerce site.

The 10 best online payment systems

Here is our selection of the 10 best online payment systems:

Hero

logo-hero

Created in 2021 by Roland Jais Nielsen , Hero is a payment solution specifically designed dedicated to B2B SMEs. With Hero, you can pay instantly, deferred (after 30 to 60 days) or in instalments (3 or 4 times).

Hero est a practical, flexible solution that integrates with a wide range of sales, accounting and ERP tools .

Lyra

logo-lyra

Lyra est a 100% French payment solution. It offers over 150 different payment methods for remote payment.

Its main strengths: multi-currency management and a mobile application.

Prices:

• 1.4% commission + €0.20 for European cards

• 2.45% commission + €0.20 for other cards

Stripe

logo-stripe

Created in 2010 by Patrick and John Collison Stripe is a solution for businesses of all sizes, from start-ups to large listed groups.

Its main strengths:

• A popular solution

• Suitable for professional use

On the other hand, Stripe's high price tag makes it somewhat unsuitable for VSEs and SMEs.

Prices:

• 1.5 to 1.9% commission + €0.25 for European cards

• 2.5 to 3.25% commission + €0.25 for other cards

Paypal

logo-paypal

Founded in 1998 PayPal is a household name. The platform is present in 202 countries and regions around the world.

Its strengths:

• A well-known solution

• No subscription

• The right solution for transactions between private individuals or professionals

• Easy, free opening

On the other hand, fees can quickly escalate, especially for large transactions.

Prices:

• 2.9 to 8% expenses

Clearpay

logo-clearpay

Clearpay est an online payment solution developed by the Australian Afterpay group. This is a fractional payment solution that allows you to pay in 4 instalments. It is particularly specialized in the fashion, sports, lifestyle and beauty sectors.

On the negative side, many web users complain about the lack of responsiveness of customer support.

Clearpay pays its fees exclusively to e-merchants. The service is entirely free of charge for the consumer. On the other hand, penalties apply for late payment of various instalments.

PayPlug

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Founded in 2012 by French engineers, Payplug is a payment solution used by merchants in France and Italy. It offers 3 transaction options: SMS, payment button or e-mail. It is particularly well suited to SMEs and VSEs.

Its strengths:

• Payment solution approved by the Banque de France

• No need to create an account

However, a subscription is required to use the tool, and customer support is not very responsive.

Prices:

• 0.5 to 1.2% +€0.15 to 0.25 + €10 to €80/month subscription for European cards

• 2.5% + €0.15 to €0.25 for other cards.

Fintecture

logo-fintecture

Fintecture is a tool for making bank transfers while bypassing your payment card limits.

To use it, you don't need to create an account. What's more, the platform works with over 40 European establishments.

Fintecture offers its users two types of price plan:

• Growth Offer: free for the first €1,000 raised, then €0.99 commission thereafter

• Pro offer: on demand

Hipay

logo-hipay

Present not only in Europe but also in the United States, Hipay weighed in at 45.7 million euros in 2020. It offers its users over 200 different payment methods.

Its strengths:

• Ease of use

• Attractive rates for start-ups

• A wide range of payment methods

• Personalized protection against fraud

Weak points:

• Unresponsive customer support

• Relatively high prices for international sales

Adyen

logo-adyen

Created in 2006 in the Netherlands Adyen is here in over 27 countries.

The solution enjoys a fairly good reputation, notably for the quality of its customer support and its reasonable rates.

On the other hand, Adyen is not suitable for merchants with low monthly sales.

Rates start at 0.60% + €0.10.

Square

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Founded by Twitter founder Jack Dorsey, Square is, like Clearpay, a fractional payment solution. It enables users to spread out their spending.

The solution is appreciated for its wide range of services and reasonable rates.

Prices:

• 1.4% + €0.25 for European cards

• 2.9% + €0.25 for other cards.

A company that wants to stand out from the competition can no longer do without dematerialization tools. A online payment solution is perfectly in line with this trend, because your performance and customer loyalty depend on it.