When it comes to establishing an internet business that requires you to work with payment processors, it is very important that you team up with only the best in the industry. Since you and your consumers will be relying on the services provided by these payment processors, choosing the right one might mean the difference between a successful and unsuccessful internet business. In order to help you choose which among the many payment processors you should partner with, here are some helpful information about the most popular ones.

PayPal As the leading payment processor in the world, PayPal has been proven to be very reliable. Its popularity may be attributed with its simplicity – all you will need is an email address. At present, PayPal offers three kinds of online accounts: personal, premier and business. For internet businesses, it is recommended that you get the business account for obvious reasons. In addition, PayPal also features built-in shopping cart, subscriptions, donations, multiple currency transactions, payment notification, customized payment pages, refunds, invoicing, auto return, mass pay and integrated shipping. With all these great features, PayPal will surely help you make your internet business very successful.

Moneybookers Another payment processor that you can rely on is Moneybookers. Its key features include online accounts that are free from any fees, instant money transfers between users, withdrawal or upload of funds using bank transfer, cheque or other payment card, transparent structure of fees, low withdrawal fees, integrated SMS gateway, fax-sending services and multi language websites. Merchants will surely be pleased with the wide range of business solutions available including card processing and free website integration. Moneybookers is also known for its strict security. It verifies user’s identity in order to prevent fraud or money laundering activities.

Google Checkout Launched in 2006, Google Checkout is already gaining quite a following. It will allow you to store all your credit card information in one username, but hides all the information while doing online shopping. Since this payment processor is very popular among consumers these days, internet businesses should consider accepting payments via Google Checkout. Merchants and consumers will also enjoy fraud protection. In addition, internet businesses with AdWords accounts will be given considerable discounts each month based on AdWords expenditure. Unfortunately, Google Checkout is only available for transactions in the United States and United Kingdom only.

WorldPay You will be surprised to know that WorldPay was actually launched in 1994. Because of their solid reputation, they are considered to be one of the most secure payment gateways today. When it comes to customer base, WorldPay certainly has a one of the biggest in the industry. It can accept payments in 120 currencies and features a wide array of services including shopping carts.

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