Introduction: Austria, known for its robust economy and digital infrastructure, offers a range of payment gateway options for businesses looking to cater to both local and international customers. Whether you’re running an eCommerce business, a physical retail store, or a service-based company, choosing the right payment gateway is crucial to ensuring smooth and secure transactions. This blog will explore the top 10 payment gateways in Austria, guiding you through their features, fees, and benefits.
1. Wirecard
Wirecard is one of Austria’s most popular payment gateway providers, offering a comprehensive suite of financial services, including payment processing, risk management, and banking solutions. Businesses can benefit from its multi-currency support and flexibility in accepting various payment methods.
Key Features:
- Multi-currency processing
- Support for over 200 payment methods
- Fraud prevention tools
Fees:
- Transaction fees vary based on volume and payment method
- Monthly service fees for gateway usage
2. Klarna
Klarna is a global leader in providing smooth payment solutions, including options for customers to pay immediately, later, or over time. This makes it particularly attractive for eCommerce businesses in Austria looking to improve customer experience and conversion rates.
Key Features:
- Flexible payment plans for customers
- High approval rates
- Strong focus on customer convenience
Fees:
- 2.49% + €0.35 per transaction for online businesses
- No setup or monthly fees
3. PayPal
PayPal remains a widely trusted and recognized payment gateway worldwide, including in Austria. It’s especially popular among small to medium-sized businesses due to its ease of integration and global reach.
Key Features:
- Easy integration with various platforms
- Global presence and multi-currency support
- Robust buyer protection
Fees:
- 2.9% + €0.35 per transaction
- No setup fees
4. Skrill
Skrill is another trusted payment gateway provider that allows businesses in Austria to accept payments from over 40 different currencies. It’s an excellent option for businesses with an international customer base.
Key Features:
- Supports over 40 currencies
- Integrated with multiple payment methods
- Strong security features
Fees:
- 1.9% transaction fee
- No setup fee
5. Stripe
Stripe is gaining popularity in Austria due to its developer-friendly API and seamless integration. It’s an ideal option for tech-savvy businesses that require a customizable payment solution.
Key Features:
- Highly customizable API
- Supports a wide range of payment methods
- Multi-currency support
Fees:
- 1.4% + €0.25 for European cards
- 2.9% + €0.25 for non-European cards
6. Adyen
Adyen is a full-service payment gateway that supports both local and global payment methods, making it a versatile choice for businesses of all sizes in Austria.
Key Features:
- Global payment processing with local expertise
- Real-time data insights and reporting
- Excellent fraud prevention tools
Fees:
- Varies depending on transaction volume and method
7. Paysafe
Paysafe provides businesses in Austria with a secure and easy way to accept payments. It’s particularly useful for businesses dealing in high-risk sectors, offering a reliable option for merchants who need flexibility and security.
Key Features:
- Highly secure payment processing
- Prepaid payment options
- Available for high-risk industries
Fees:
- Varies based on industry and transaction volume
8. Braintree
A subsidiary of PayPal, Braintree is known for its simplicity and reliability, offering businesses an easy way to accept payments via various channels. It’s ideal for businesses looking to accept mobile payments.
Key Features:
- Mobile-optimized payment processing
- Simple, scalable pricing
- Multi-currency and multi-language support
Fees:
- 1.9% + €0.30 per transaction
- No setup fees
9. 2Checkout (now Verifone)
2Checkout is a flexible payment solution for businesses operating in Austria that need to accept payments globally. It supports a range of payment methods and provides an excellent user experience.
Key Features:
- Supports global payment methods
- Customizable checkout experiences
- Multi-currency and language support
Fees:
- 3.5% + €0.35 per transaction
10. Mollie
Mollie is known for its simple yet powerful payment platform, making it a great choice for small businesses and startups in Austria. It supports all major payment methods and offers transparent pricing.
Key Features:
- Transparent pricing
- Easy integration with eCommerce platforms
- Support for local and global payments
Fees:
- 1.8% per transaction
- No hidden fees
FAQs
1. What should I consider when choosing a payment gateway for my Austrian business? Look for factors like transaction fees, supported payment methods, security features, and integration with your eCommerce platform.
2. Can I use multiple payment gateways for my business in Austria? Yes, using multiple payment gateways can increase payment flexibility and reduce transaction failures for your customers.
3. What payment methods are popular in Austria? Popular payment methods include credit cards, PayPal, Klarna, and bank transfers.
4. How can I reduce payment gateway fees? Negotiate with providers for lower rates, especially if your transaction volume is high. Some providers may offer discounts for higher volumes.
