Eway, Stripe, and PayPal: New payment options to streamline holiday checkouts
23 Oct 2024 • 7 min read
In recent weeks, we’ve released numerous updates that allow your Neto stores to sell even more this holiday season. These updates include some highly anticipated enhancements to our payment integrations that make them more modern and secure.
Today, we’re thrilled to announce that we’ve added support for Eway, a highly-requested payment option, as well as updates to Stripe and PayPal.
While Neto integrates with numerous global payment gateways, Stripe, Paypal and (now) Eway are among the most popular for our customers — and they’re the ones we recommend most for a seamless customer experience.
Eway is a leading global payment gateway, especially in the Australian market. We’re listening intently to the needs of our customers, and we’re proud to launch this option. As of today, you can enable Eway in the Neto Admin alongside all our other payment options.
We’ve improved our integration with Stripe Payments, including updates to Google Pay and Apple Pay, significantly boosting the reliability of these popular payment options — just in time for the holiday shopping rush.
Additionally, we’ve resolved an issue some retailers were having with “uncaptured" payments, particularly for Afterpay users, enhancing reliability and improving overall customer satisfaction: since making these changes, customers have seen 3-10x fewer errors.
We’ve further increased the reliability of PayPal Checkout, allowing your customers to complete their purchases without a hitch.
A payment gateway allows customers to make credit card purchases in your online store. It’s a bridge between a customer’s bank and your merchant account that facilitates the authorization and completion of payments.
When a customer makes a purchase on an ecommerce site, the payment gateway securely captures and encrypts the payment details, including credit card numbers and other sensitive information. This data is then transmitted to the acquiring bank, which communicates with the customer’s issuing bank to verify whether the transaction is legitimate, and funds are available. Once the transaction is approved, the payment gateway informs the merchant, and the funds are transferred to the merchant’s account.
Understanding payment gateways is essential for any online business owner, as they significantly impact user experience, security, and conversion rates.
Payment processors handle the authorisation of payments by securely transmitting transaction details between the customer's bank and the merchant's bank. Payment processors support various payment methods, including credit and debit cards, digital wallets, and sometimes even BNPL offerings.
With Stripe’s payment processing solution, you can instantly accept credit card payments and manage stored cards for convenience. Neto also offers Stripe Radar for robust fraud detection, as well as support for BNPL options through Afterpay and Klarna. You can also accept payments via digital wallets like Apple Pay and Google Pay, along with 3D Secure authentication and verification to enhance security for every transaction.
Eway provides a straightforward way for businesses to accept payments, supporting major cards like Visa, Mastercard, and AMEX. It offers built-in fraud and security tools, flexible pay-as-you-go options, and flat rate pricing. They also ensure fast 1-3 days settlements and provide 24/7 local support.
PayPal Checkout offers a range of features designed to simplify online payments. Users can quickly make purchases using their PayPal account or their credit/debit cards without leaving the merchant’s site. It supports one-touch payments for faster checkout and provides options for Buy Now Pay Later. PayPal also includes robust security measures, such as fraud protection and 3D Secure authentication.
While payment gateways handle the transaction processes, the way customers choose to pay can vary. Apple Pay, Google Pay, and PayPal Checkout are three popular digital payment solutions, each with unique features.
Digital wallets, Buy Now Pay Later (BNPL), and payment processors each serve distinct purposes. Digital wallets like Apple Pay, Google Pay and PayPal store payment information securely, allowing users to make purchases easily without re-entering card details.BNPL enables customers to buy items immediately and pay for them over time, often in interest-free installments via services like Afterpay, Klarna or PayPal’s Pay in 4. Payment processors, such as Stripe and Eway help facilitate credit and debit card transactions and offer a host of fraud prevention tools.
Apple Pay is a mobile payment and digital wallet service that allows users to make payments using their Apple devices. It uses Near Field Communication (NFC) technology for in-store purchases, and it can also be used for online transactions.
To enable Apple Pay on your Neto store, get started with Stripe today.
Google Pay serves a similar function to Apple Pay, but it’s designed for Android users. It allows transactions in physical stores, within apps, and on websites. Like Apple Pay, Google Pay also employs tokenization for secure transactions.
To enable Google Pay on your Neto store, get started with Stripe today.
PayPal Checkout is a well-established online payment solution that enables users to pay using their PayPal accounts, credit cards, or debit cards without needing to create a new account for each transaction.
Choosing the right payment gateway for your ecommerce store can be a game-changer. Apple Pay and Google Pay offer quick, seamless, and secure mobile payments, while PayPal Checkout provides a trusted, flexible option for customers. By optimizing your payment options, you can create a smoother checkout experience, delight customers, and ultimately drive sales.