There are 11 different payment gateways in Systeme.io. The best one for your business largely depends on where you are in the world.
I’ve detailed each payment gateway so you can understand what each is and which one you should choose.
Key Takeaways:
- Stripe is the top option and supports 46 countries and 135 currencies
- PayPal is the next best choice but carries high fees
- Localized gateways exist for India, Africa, Europe, Southeast Asia, and South America
Which Systeme.io Payment Gateway Is Best?
1. Stripe: Best Worldwide Option
Used by almost three million websites to take payments, Stripe is undoubtedly the biggest and best option on this list.
The platform has a robust infrastructure and heightened security features, and it’s one of the safest ways to make and take payments online.
Setting up an account is super quick and easy. Just make sure you have your verification ID on hand so the setup process doesn’t get held up.
Currently, Stripe is used in 46 countries, including the US, Canada, the UK, and Australia. It can process payments in over 135 currencies and supports over 100 different payment methods, including all major credit and debit cards, buy now pay later, Apple Pay, and Google Pay.
These capabilities make Stripe the easiest and best payment gateway for charging customers in their native currency and receiving funds in your own currency.
Here’s what Stripe’s fees look like:
| Payment type | Stripe fees |
|---|---|
| One-time transaction | 2.9% + $0.30 |
| International card fees | 1.5% |
| Currency conversion | 1% |
| Sales tax calculation | 0.5% |
| Dispute handling | $15 |
| Buy now, pay later | From $5.99 + $0.30 |
Based on USD transactions and amounts
2. PayPal: Second Best Worldwide Option
PayPal is another massive payment platform that has long been considered a reliable way to pay for goods and services. While it can be used in most countries, users are limited to 25 supported currency types.
Similar to Stripe, PayPal offers many different payment methods, so it’s definitely a good alternative worldwide if you can’t use Stripe for some reason.
The biggest drawback to PayPal, however, is its fees. These are considerably higher than Stripe’s and can make a dent in your profits. So, be mindful of these and factor them into your pricing if you use PayPal as your main payment provider.
| Payment type | PayPal fees |
|---|---|
| One-time transaction | 3.49% + $0.49% |
| International card fees | 1.5% |
| Currency conversion | 4% |
| Dispute handling | $15 |
Based on USD transactions and amounts
3. Mercado Pago: Best for South America
Mercado Pago has become one of the largest payment providers in Latin America. Operating in Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, it’s the payment gateway of choice for businesses based in this part of the world.
The platform supports currencies from these countries. However, you can only accept payments in your local currency. So, if you’re based in Brazil, you can only accept Real as payment.
The platform also supports a wide range of payment methods, including digital wallets and prepaid cards. It also facilitates recurring payments and payment plans.
A unique feature of this provider is that the transaction fees change depending on your preferences. The longer you are willing to wait for your funds to become available, the lower the fees are. Unfortunately, there’s no rate table available, so to find this information, you must create an account.
4. Razorpay: Best for India
If your business is based in India, Razorpay is a must-have. It’s currently one of the largest payment gateways in the country and has recently expanded into Southeast Asia.
The platform supports over 100 currencies, making it a much better option than PayPal. With a wide range of payment methods (including buy now, pay later), it’s a convenient way to facilitate payments for global customers.
The fees are low (lower than Stripe’s). However, keep in mind that the fee amounts are subject to an additional 18% GST (India’s obligatory sales tax), which slightly increases them.
| Payment type | Razorpay fees |
|---|---|
| One-time transaction | 2% |
| International card fees | 3% (3.5% for Amex) |
| Currency conversion | 3% |
| Dispute handling | ₹300 |
| Buy now, pay later | 2%-3% |
Based on Indian Rupee transactions and amounts
5. Flutterwave: Best for Africa
Flutterwave is one of Africa’s largest payment gateways and is widely used by businesses based on the continent.
The gateway supports around 30 currencies, most of which are African. However, it also supports USD, GBP, CAD, and several South American currencies. For your customers, it can offer up to 15 different payment methods, including credit and debit cards, mobile money, and QR codes.
Overall, this is the best payment gateway for African-based businesses. Unfortunately, Stripe and PayPal are limited and restricted in this part of the world, so in most cases, it’s far better to use a local alternative like this.
| Payment type | Flutterwave fees |
|---|---|
| One-time transaction | 2.9% |
| International transaction fees | 3.8% |
| Currency conversion | Varies |
| Dispute handling | Varies |
Based on USD transactions and amounts
6: Xendit: Best for South-East Asia
Xendit was created specifically for the Southeast Asian market but chiefly operates in Indonesia and the Philippines.
The platform supports five local currencies (THB, MYR, VND, PHP, and IDR). US dollars are available but only in relation to the Philippines since it is a widely used currency there.
The big thing to keep in mind here is that all foreign transactions are settled in IDR (Indonesian Rupee). Therefore, this can cause serious limitations if that’s not your preferred currency.
In all, this is the perfect choice if you’re based in Indonesia or the Philippines, but I don’t recommend it if you’re located outside of Southeast Asia.
| Payment type | Xendit fees |
|---|---|
| One-time transaction | 2.90% + Rp 2.000 |
| International transaction fees | Around 1% |
| Currency conversion | Varies |
| Dispute handling | Varies |
| Buy now, pay later | 1.7%-5% |
Based on Indonesian Rupee transactions and amounts
7. GoCardless: Great for Recurring Payments
GoCardless is a global payment gateway operating in 38 countries. Since it supports eight currencies and its infrastructure is powered by Wise, you can be assured it’s robust and secure.
The low rates are especially attractive, and there’s no charge for currency conversion, which is great. Also, new users get no transaction fees for 90 days, making it even more cost-effective.
There are three plans available, all with slightly different transaction rates. The higher-tier plans offer enhanced security and fraud protection.
For subscription payments, there’s a simplified setup process and easy management tools, making it the best option if you plan to sell products with recurring payments.
| Payment type | GoCardless fees |
|---|---|
| One-time transaction | 0.5% + $0.05 |
| International transaction fees | 1.5% + $0.05 |
| Currency conversion | 0% |
| Dispute handling | $5 |
Based on Standard plan USD transactions and amounts
8. Mollie: Popular in Europe
Mollie is popular in the United Kingdom and Western Europe. The platform supports eight different currencies for payouts, including USD.
Transactions can be processed using a variety of methods, including Apple Pay, Klarna, iDEAL, and Billie. This is convenient for European audiences since most residents will use at least one of these methods.
There is no charge for currency conversions. Mollie uses a blended pricing model, which means merchants pay a single collective fee for each transaction, regardless of the type.
Besides Stripe, this is the best option if you cater to European customers.
| Payment type | Mollie fees |
|---|---|
| One-time transaction | 1.80% + €0.25 |
| International transaction fees | 2.90% + €0.25 – 3.25% + €0.25 |
| Currency conversion | 0% |
| Dispute handling | €19.95 |
| Buy now, pay later | 2.99% + €0.35 – 4.99% + €0.40 |
Based on Euro transactions and amounts
9. Paystack: Popular in Africa
Paystack provides a second payment gateway option for folks based in Africa, namely Nigeria, Kenya, South Africa, and Ghana.
The platform supports the local currencies in each of these countries. While it accepts payments from international cards, it’s restricted to receiving payments from Mastercard, Visa, American Express, and Verve cards only.
The platform is currently trialing USD payouts in Nigeria and Kenya, and your business must be based in either of these countries to facilitate this. Otherwise, payouts will be in your local currency.
If you operate in one of these countries, then great, Paystack is worth using. If not, choose Flutterwave.
| Payment type | Mollie fees |
|---|---|
| One-time transaction | 1.5% + ₦100 (₦100 fee waived for transactions under ₦2500) |
| International transaction fees | 3.9% + ₦100 |
| Currency conversion | 0% |
| Dispute handling | N/A |
Based on Nigerian Naira transactions and amounts
10. SecureAndPay: Used in France
From what I can gather, SecureAndPay is not a payment gateway in the traditional sense.
Customer accounts can be “topped up” with funds, which can then be used to pay for things online.
It’s exclusively available in France, which suggests that the only currency used is the Euro. Also, the website is incredibly outdated with little to no information available.
As a resident of France myself, I’ve never heard of it, and there isn’t much information available online. Not many businesses appear to take this form of payment, so I would only consider this if you’re a French business that has used it before.
11. Cash on Delivery: For Physical Products
Systeme.io has the option for you to facilitate cash on delivery for physical products (not for digital products).
To do this, you must first connect one of the other payment gateway options. Then, set up the “cash on delivery” option by adding a customer message.
This can then be added to the final step of a sales funnel. Once the customer has received their item, they will be instructed to pay.
I would consider this option very carefully since it would be easy for someone to receive their item and then simply not bother paying.
Frequently Asked Questions
Can I Connect More than One Payment Gateway to Systeme.io?
Yes, you can connect any of the 11 payment gateway options to Systeme.io simultaneously.
Does Systeme.io Have Its Own Payment Gateway?
No, Systeme.io does not have its own payment gateway. However, you can choose from 11 third-party payment integrations.
Does Systeme.io Charge Transaction Fees on Sales?
No, Systeme.io does not charge transaction fees on sales—even on the Free plan. The only transaction fees applied are the ones charged by your chosen payment gateway.
