Comparison of online payments, payment gateways for online stores in Poland 2024
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Comparison online payment integrations in online stores
In today's digital world, online shopping has become an integral part of everyday life.
With the growing popularity of e-commerce, online payments play a key role in the purchasing process.
In Poland, the online payment market is constantly evolving, offering consumers a variety of payment options and entrepreneurs new opportunities to handle online transactions.
In this article, we will compare popular payment gateways available on the Polish market for a starting online store.
By analyzing various aspects such as activation fees, commissions, available services, and plug-ins dedicated to online stores, we will look at which of them may be the most beneficial for entrepreneurs running online businesses in Poland.
Below we will present a comparison of popular payment gateways in Poland, taking into account the key factors that influence the choice of a payment system.
In the tables above, we have carefully analyzed the parameters of each payment gateway, including commissions and available financial services.
The table shows the fees and commissions for Blik transactions, online transfers and card payments
* - Przelewy24 activation fee is refundable provided that 10 transactions are completed within the first two months of cooperation.
** - To process payment cards in Tpay, you must sign an additional agreement with an external company, Elavon.
Minimum monthly commission amount - 8,18 EUR (35 PLN), Fee charged for securing PCi transactions - 1,87 EUR (8 PLN).
One-time activation fee – 34,81 EUR(149 PLN )
*** - Autopay charges 0% commission but has a fixed subscription for all transactions in the amount of 7 EUR (29.99 PLN) per month up to the total transaction amount of 1285,05 EUR (5,500 PLN), then the commission is 1.1%
****- the minimum commission at HOTPAY for BLIK transactions is 0,07 EUR (0.3 PLN)
*****- To start card payments at HOTPAY, you must sign an agreement with an external company.
Digital wallets
All online payment companies support digital wallets such as Google Pay and Apple Pay
Disbursement of funds
All companies offer free withdrawal of funds.
Only Tpay limits free withdrawals to 4 times a month and charges a commission of 0,23 EUR (0.99 PLN) for additional withdrawals.
Deferred payments
All payment gateways except HotPay offer deferred payments. The client completes the application online.
After acceptance, a commission may also be charged by the company processing payments in the online store.
Installment
Some companies, such as: PayU, Przelewy24, Tpay, CashBill, also offer payment in installments. The customer must complete the online application and wait for approval. When a loan application is approved, an additional commission is usually charged.
Payments with PayPal
Companies: Przelewy24, Tpay, CashBill, HotPay offer integration with PayPal payments.
To do this, please contact PayPal. When a customer decides to redirect and make a payment with PayPal, online store owner does not pay an additional commission to the company offering online payments. You will pay a commission to PayPal - the commission is 2.9% + 0,32 EUR (1.35 PLN) for each transaction.
Cryptocurrency payments in the online store
As an interesting fact, I would like to present you a Kanga Exchange payment gateway Kanga Pay for online stores, where you can make payments for purchases in the most popular cryptocurrencies such as Bitcoin, Ethereum, USDT, USDC, etc. The commission you will pay is 1.5% of the transaction amount. The Kanga Exchange payment gateway has plugins for Woocommerce and PrestaShope.
Plugins and payment integrations for online stores
All companies offering online payments have plugins for the most popular free programs for creating Open Source online stores, such as: WordPress, Woocommerce, PrestaShope and others.
We calculated how much commission an online store will pay for processing its customers payments for online purchases.
Calculation assumptions:
- The average value of one shopping basket in online store is PLN 100
- BLIK transactions 40%
- Fast online bank transfers 40%
- Card payments 20%
- 1 EUR = 4,27 PLN (zł) data exchange rate 19-09-2024
Online store sales at the level of 1,168 EUR (5,000 PLN) / month - comparison of fees and commissions of payment gateways.
*Remember that you pay Autopay subscription fee 7,02 EUR (29,99 PLN) even if you have no income
Sales of an online store at the level of 3,505 EUR (15,000 PLN) / month - comparison of offers from companies offering online payments, their fees and commissions.
Online store sales at the level of 11,682 EUR (50,000 PLN) / month - comparison of fees and commissions for online payments.
To sum up, if you have income in your online store:
From 0 to 700 EUR, this is the least commission on online payments you will currently pay at Paynow, from 700 to 1 285 EUR you will pay the least commission for online payments with Autopay but you pay a subscription fee of 7,02 EUR (29.99 PLN) regardless of whether your turnover is 100 EUR or 1,000, from 1 285 EUR and more you will pay the least with Paynow. Please remember that these are temporary offers and may change at any time.
Choosing the right payment gateway is a key step for every entrepreneur running an online business in Poland.
Understanding the differences between each available option allows you to make an informed choice that suits your individual business needs and preferences.
Remember that the choice of payment gateway is not limited only to commission.
It is also important to understand the services available, the quality of customer service and integration with e-commerce platforms. Therefore, it is worth carefully analyzing all options and choosing the one that best meets the needs of our business.
Remember that you can install more than one payment gateway in your online store. Different payment gateways can offer different services and payment options and complement each other.
We hope that our comparison will help you make the right decision regarding online payments for your business in Poland. Remember that choosing the right payment gateway can significantly impact customer experience and the efficiency of your e-commerce business.
See other comparisons of services for e-commerce