Choosing the best payment gateway to suit your business needs largely depends on what size your company is. If you're a smaller outlet, or sole trader, it may not be necessary to have a powerful payment gateway setup. That's especially so when you consider the sort of flexibility and convenience offered by PayPal.
Being able to offer the convenience of accepting card payments is an everyday necessity for most businesses and customers expect to have the option. So lookout for those that offer simplicity, value for money and also the opportunity to link them to POS systems, along with the ability to integrate into your accounting software.
At the same time, keep an eye on those terms and conditions, as outlined in our introduction. Fees can vary wildly from one payment gateway to another, so be sure to factor this in to your costings. Processing and interchange fees can add up, so be sure to allow for these.
If your business plans to process higher volumes of sales then you'll obviously want to plump for one of the more advanced packages, even though these invariably come with a higher price tag.