Tired of searching for something like “payment gateway UAE“? But you still don’t have the right information about the best payment gateways in UAE.
Look no further, as we will break it down for you to choose from the best payment gateways in UAE. Based on their seamless transaction abilities, security, and integrity.
What is a payment gateway?
Over the past few years, the trend for online shopping and cashless transactions has increased worldwide. According to Statista, retail e-commerce sales have crossed 6.3 trillion dollars.
So how do these massive transactions take place at scale? That’s where an online payment gateway comes in.
Payment gateways are online cashiers for technological transactions between two parties. E-commerce businesses integrate payment gateways into their e-commerce platforms to receive online payments from their customers.
How does it work?
When you buy something online, the payment gateway safely moves money from your bank account to the seller’s bank account. A payment gateway collects your debit or card card details when you shop online. It then connects to your bank, sends you an OTP for security, and checks if you have enough money to make the purchase. The gateway then safely moves the money to the seller, keeping all your details private.
The prime function of any online gateway is to transfer money from one account to another safely and securely.
Factors to Consider When Choosing a Payment Gateway in the UAE
There are many payment gateway providers in UAE, but not all of them or the cheapest payment gateway in UAE work the same for everyone.
When we say the best payment gateways in UAE, it comes down to many factors keeping in mind your business requirements:
Payment Compatibility:
Based on your business requirements, you should always look for the best payment gateway UAE that works seamlessly with both local and international payment methods. This way, your customers can pay you easily regardless of their location.
Compliance with UAE regulations:
Not every payment gateway you see online is safe to use within the UAE. When looking for the best payment gateway UAE, make sure it abides by the UAE rules to keep your business and customer info safe and prevent fraud.
When it claims to be the best payment gateway UAE, it should never compromise on:
- Customer information security
- Fraud prevention
- Transactions’ smoothness
Multi-currency support:
You need to realize that not every customer uses the same currency. If you only accept one currency, you’re limiting many customers indirectly. When choosing a payment gateway in UAE, think about your users, and their convenience. Pick a gateway that can handle different currencies. This helps you serve a wide range of customers.
Even the top trading apps in UAE use multi-currency support to handle different currencies for various markets.
Transaction charges:
Different payment gateways have different plans for transaction charges. Some charge a small percentage for each transaction, while others have a set fee for each transaction up to a certain limit.
The fee totally depends on the features and services you opt for from the payment gateway providers in UAE. The charges may vary for special features like currency conversion. Moreover, you need to pay additional charges in case of customized features and their maintenance.
Top Payment gateways in UAE:
There are several payment gateways in UAE, like the Etisalat payment gateway, that offer extra services. But here, we’re focusing on the payment gateway UAE that works as a bridge between businesses and their customers.
Based on all the above factors we’ve chosen the best payment gateway in UAE and have curated a list of the top 7 payment gateways in UAE. Every gateway on this list is chosen based on its remarkable features:
Telr:
Telr formerly known as “Innovative Payments” is one of the widely used payment gateways in UAE because of its robust offerings. Stepping its foot in the UAE market back in 2014, serving for a decade now.
Telr has over 15 payment methods, works in 30+ languages, and is used in over 120 countries, providing a wide range of local and international payment methods.
The reason why Telr ranks among the best payment gateways in UAE is that there is no setup fee and the account opening procedure is very simple.
Telr has features like digital invoicing, social commerce, fraud protection, recurring payments, QR codes, and more.
It works well with platforms like Shopify, Woocommerce, OpenCart, Magento, and Prestashop. It supports many payment options, including Visa, MasterCard, American Express, SADAD, and more.
CashU:
CashU is a well-known payment gateway in the Middle East and North Africa (MENA) region. It was established in 2002 since then it’s been the most widely used payment gateway in UAE. It has helped people for over 20 years and offers advanced features like AML systems in Dubai.
CashU provides a range of payment solutions, with support for various payment methods. It is particularly popular for online transactions and offers services in multiple languages to cater to a wide range of audiences.
Another great thing about using CashU as your go-to payment gateway UAE is that it helps customers finish their transactions without worrying about chargebacks.
Other features include local and international payments, prepaid cards, digital wallets, and more. It has 3 integration options Standard, Premier, and API.
Checkout:
Checkout is an internationally recognized payment gateway, established in 2012. It expanded its footprint to the UAE in 2014 and is now a popular choice as one of its one-of-a-kind payment gateway providers in UAE. This payment gateway is supported by 45 payment methods and works with over 120 eCommerce tools, making it a good choice for businesses to use. It works well with platforms like WooCommerce, Magento, and Prestashop. It’s considered as one of the best Shopify payment gateway uae.
With a wide range of payment options, including VISA, MasterCard, JCB, Mada, and American Express. Supports multiple currencies, catering to businesses with international customers.
As one of the best payment gateways in UAE, it offers custom solutions that fit the needs of different businesses. Its fees are flexible, ranging from 0.75% to 2.75%, depending on your business.
There are three ways to set it up:
- Checkout.js for a quick start.
- iFrame Method for a smooth experience.
- API integration for more control and customization.
Payoneer:
Payoneer is an internationally recognized payment gateway, founded in 2005. It’s a top choice for freelancers and contractors who need to get paid across countries. It is also highly regarded by businesses of all sizes, making it one of the best payment gateways in UAE.
As the best payment gateway UAE, it offers multi-currency support, fast fund transfers, and helps with payment disputes. It also has virtual bank accounts in many countries for easier international payments. One of its standout features is the Payoneer Prepaid Mastercard, which allows users to withdraw money from ATMs globally.
Security and compliance are key priorities for Payoneer, making sure that all transactions are safe and meet international standards. It integrates well through plugins and API connections, making it suitable for various types of businesses.
Payoneer’s payment options include bank transfers, e-wallets, and the Payoneer Mastercard. It’s especially useful for cross-border payments, e-commerce, freelance work, and digital marketing.
With comparatively low transaction fees and 24/7 customer support make it greenflag payment gateway providers in UAE.
CyberSource:
CyberSource is a well-established payment gateway UAE, founded in 1994 and a subsidiary of VISA. As one of the oldest payment gateways in UAE, it is renowned for its wide reach, 190+ countries around the globe.
As a top choice among payment gateways in UAE, CyberSource is highly recognized for its strong payment security standards. It offers a broad range of features that cater to various business needs, making it a competitive option in the UAE market.
CyberSource has great features for online shopping. It helps manage payments on different platforms with features like:
- Fraud surveillance
- Delivery address verification
- Account protection
It supports a variety of payment options, including digital payments like Android Pay and Apple Pay, as well as regional wallets such as Alipay. Its compatibility with Apple Pay in UAE is especially noteworthy for users of Apple devices.
With its robust features and global reach, CyberSource remains a top choice for businesses seeking a reliable and secure payment gateway in UAE.
Skrill:
Skrill is a popular digital wallet and payment gateway recognized worldwide. Operating in over 200 countries, Skrill is a trusted choice for both personal and professional use.
As one of the widely used payment gateways, Skrill is accepted by more than 156,000 businesses for international transactions. It’s a user-friendly platform, making it easy to manage payments whether you’re buying or selling.
Skrill offers a secure prepaid card, adding an extra layer of protection for your transactions. Not just that, it also prioritizes safety and security, eliminating the need for SSL certificates or PCI compliance for basic use.
The platform connects easily with websites and apps through hosted payment pages and APIs, which is great for developers who want to make custom solutions. It supports both web and mobile apps, especially for e-commerce, gaming, and online markets.
Payment options with Skrill include e-wallets, bank transfers, debit cards, and credit cards. Its easy setup and strong security make it a great choice for businesses and people who need a safe payment gateway uae.
CCAvenue:
CCAvenue is a widely used payment gateway based in India, and its popularity in the UAE has increased in the past few years. It’s known for its flexible pricing plans that cater to small, medium, and large businesses.
CCAvenue is a strong choice due to its comprehensive services, but quality comes with a price. It charges around 3% per transaction and has a monthly maintenance fee of approximately AED 200. It’s the best fit for big businesses and multinational companies (MNCs).
One of its standout features is its exceptional 24/7 customer support, which helps businesses with any issues they might face.
Even though CCAvenue is comparatively expensive, its great services and reliability make it a highly sought-after payment gateway in the UAE.
Conclusion:
Choosing the right payment gateway is crucial for any website or mobile app. We’ve shared the list of 7 top payment gateways in UAE. Each payment gateway UAE offers unique features and security standards to meet different needs.
When building your site or app, think carefully about what each gateway offers and pick the one that fits best with your business. For seamless integration of payment gateways in the UAE, contact our expert mobile application developers who are here to help you get it right.
FAQ:
1. What is a payment gateway?
A payment gateway is a service that processes online payments securely by connecting your website or app to the payment processor.
2. What does a payment gateway do?
It encrypts payment information, authorizes transactions, and transfers funds securely from the customer to the business.
3. What are the factors to consider when choosing a payment gateway in UAE?
Consider transaction fees, integration ease, supported payment methods, security features, and customer support.
4. What are the top payment gateways in UAE?
Top gateways include Telr, CashU, Checkout, Payoneer, CyberSource, Skrill, and CCAvenue.
5. Is Google Pay available in the UAE?
Yes, Google Pay is available in the UAE and can be used for mobile payments at various merchants.
