Magento payment gateways

Magento is a popular, if not the most popular e-commerce platform, used by millions of online businesses around the world. In order to accept credit card or debit card payments, a Magento installation needs a payment gateway. As an open-source solution, any user with sufficient programming knowledge may be able to develop and implement this gateway, starting from the core Magento engine. However, for users who might be put off by the technicality required, ready-to-use payment gateways can be installed, either for free or from third-party vendors. Here are the most popular available solutions.

Payment gateways co-developed with Magento

These two Magento payment gateways were developed with the Magento team, so they are free of charge.

Braintree extension for Magento

As it was developped by Braintree and Magento, Braintree extension for Magento is completely integrated with Magento and allows users to accept payments globally over a secure infrastructure.

Features include:

- 130+ currency payment support,

- Availability for merchants based in 46 countries,

- Fraud tools and managed fraud rules,

- No single transaction limit,

- PCI-compliant environment through card tokenisation, with 3D Secure support,

- Payments are generally received in two business days.

PayPal Payments pro Magento payment gateway

PayPal Payments pro allows users to accept PayPal payments. According to Magento, using this payment page solution makes payments 3 times faster than with a cart page.

Built by PayPal, this solution boasts the following features:

- Credit card, debit card, ACH and PayPal payment support,

- USD, CAD, AUD, EUR, GBP and JPY currency support,

- Recurring billing support,

- Simplified PCI compliance,

- Financing through PayPal credit.

Third-party gateways

Because Magento has become so ubiquitous in e-commerce and now in-store, almost all major payment gateway providers have developed their Magento payment gateway.

WorldPay Magento payment gateway

One of the world’s major payment gateways with over 12 million transactions processed every day, WorldPay has developed a free extension for use with Magento. The solution is fully functional, including credit card and debit card support, and also provides a useful online reporting tool. Users willing to pay corresponding fees can have more complex and seamless integrations with their systems.

SagePay

A popular independent payment services provider with an especially strong presence in the UK, SagePay has also released its Magento payment gateway. One key benefit of this extension is that SagePay also provides the merchant account which goes with the payment solution. Users needs to purchase the SagePay Suite Pro solution at around £169 to start accepting card and PayPal payments in over 25 currencies. Refunds, rebates and recurring payments are supported.

Elavon

Formerly known as Virtual Merchant, Elavon’s merchant account and payment gateway system accepts all kinds of payments, be it online, over the phone, by e-mail or face to face. Apart from the reporting tool and mobile app, one key benefit is the scalability of this Magento payment gateway, which allows a maximum of 5 000 users to share a single account.