WordPress Merchant Account

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Wordpress logo on a screen - WordPress Merchant Account

For any eCommerce store, it’s important to consider what payment gateway you will be using. This requires you to look up what payment methods your chosen website host offers. One of the most popular website hosts used worldwide is WordPress.

So, what payment gateways does it offer, and are there any transaction fees you must pay on this site? Let’s get into the details below.


What Payment Gateway is WordPress?

WordPress offers a variety of different payment processing systems that you can integrate into your WordPress website.

Probably the most popular one that many of your customers will use is PayPal. It’s available in about 200 countries and supports over 25 currencies, so your international customers can make payments with ease.

Another popular payment processor that’s offered is Stripe. Stripe is super easy to integrate into your website, and it takes many anti-fraud and anti-scam measures for your and your customer’s security.

Some of the other payment processing methods available are Apple Pay, Google Pay, Amazon Pay, and more.


How do I Accept Payment on my WordPress site?

The way to accept payments on your WordPress site is simple. All you have to do is integrate payment processing methods into your site through plugins.

Of course, you can also directly integrate plugins that include every factor of the eCommerce shopping experience, including payment methods.

BigCommerce is one of the most popular plugins for shopping websites as it involves everything you will need to run a successful online shopping website, like cart pages, payment processing, customer service, and more.

Another one is WooCommerce which focuses more on offering different payment methods. But, of course, it’s all up to you, and you can build your store from scratch or use one of these plugins for some additional help.


Does WordPress have Transaction Fees?

When working with WordPress, the fees you have to consider come from the payment processing methods you have chosen, the most popular payment method.

Paypal charges the merchant 2.9% of all online sales made using PayPal, along with 30 cents per transaction. These numbers apply to payments made using Stripe as well.

However, Stripe also charges an extra 1% fee if there is international conversion involved. Plugins that are separate from the payment methods yet offer multiple at once are different.

For example, Authorize.net has a monthly 25$ fee along with 2.9% of online sales and 30 cents per transaction. However, it accepts credit cards, Apple Pay, and PayPal. So, the transaction fees depend on what plugin you choose


Is it Worth it to Have a WordPress Merchant Account?

This is a question only you can answer as it’s unique for every business. You must calculate the money you receive and what you pay to have a merchant account. Once again, the fees for a merchant account completely depend on the payment methods you choose to offer.

If you are unsure how much you will earn and spend, you can do a test trial month and see the numbers.

Upon analyzing, you will understand how much you are spending and how many sales you are making. This will help you understand whether a WordPress merchant account is worth it.


Things You Should Know About it

Before you choose a payment method, you should do a little research. Firstly, try to figure out which payment method your target demographic uses most often.

Once you have that information you can continue your research into the plugins available on WordPress. This will inform you of the payment processing methods available on the website.

Now you must understand which payment method will work best with your website while also considering the fees you will pay. These are three of the most important factors to consider before setting up your WordPress merchant account.


Final Thoughts on WordPress Merchant Account

There is a reason so many eCommerce stores are set up on WordPress. This is partly because of the payment processing methods they offer and what they can do to make the shopping process for customers easier.

Once you calculate fees and decide which method you will be using, you will just have to integrate it into your website, and you will be good to go!


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