Introduction:
Bulgaria’s eCommerce industry has expanded rapidly, prompting businesses to adopt efficient payment solutions to keep up with demand. This guide outlines the top 10 payment gateways in Bulgaria, highlighting their unique features, fees, supported payment methods, and benefits to help Bulgarian businesses make informed decisions.
1. MyPOS
MyPOS is a popular choice in Bulgaria, especially for small to medium-sized businesses looking for all-in-one payment solutions.
Key Features:
- Supports card and contactless payments
- Real-time account access for fast payouts
- No setup or monthly fees for basic services
Fees:
- Transaction fees start at 1.5%
2. Paysera
Paysera is a widely-used payment gateway across Eastern Europe, offering secure, low-cost transaction solutions for Bulgarian businesses.
Key Features:
- Supports multiple currencies and SEPA payments
- No monthly fees, competitive transaction rates
- Dedicated mobile app for easy account management
Fees:
- Local transactions: €0.10
- International payments: around 0.15%-1%
3. Stripe
Stripe is a trusted choice for Bulgarian businesses seeking a scalable, highly customizable payment gateway that supports local and international payments.
Key Features:
- Multi-currency support, including BGN and EUR
- Integrates with most eCommerce platforms
- Advanced security and fraud protection tools
Fees:
- European cards: 1.4% + €0.25
- Non-European cards: 2.9% + €0.25
4. ePay.bg
ePay.bg is a local Bulgarian gateway, making it an ideal choice for businesses looking to focus on Bulgarian customers specifically.
Key Features:
- Supports bank card payments and direct bank transfers
- Bulgarian lev (BGN) support with quick transfers
- User-friendly for local consumers
Fees:
- Typically around 1%-2%, depending on transaction volume
5. Adyen
Adyen offers a robust solution for Bulgarian businesses with international aspirations, providing secure, multi-currency support and advanced fraud management.
Key Features:
- Supports a wide range of payment options, including Visa, MasterCard, and SEPA
- Advanced data insights and detailed reporting
- Trusted by major global enterprises
Fees:
- Custom pricing based on transaction volume and location
6. PayPal
A globally trusted payment provider, PayPal is widely used by Bulgarian consumers and supports international transactions with ease.
Key Features:
- Secure, reliable, and familiar to consumers
- Multi-currency support for international payments
- Simple setup and integration options
Fees:
- 2.9% + €0.35 per transaction
7. Fondy
Fondy is a European gateway gaining popularity in Bulgaria for its flexibility and support for local payment methods and currencies.
Key Features:
- Supports BGN, EUR, and multiple payment options
- Integrated with eCommerce platforms like WooCommerce and Shopify
- Advanced anti-fraud system
Fees:
- Typically 1.8%-2% per transaction
8. Braintree
Braintree, a PayPal service, is an excellent option for businesses targeting both local and global audiences with its customizable and highly secure platform.
Key Features:
- Supports multi-currency and recurring billing options
- In-depth fraud detection tools
- Integrates seamlessly with major eCommerce platforms
Fees:
- 2.9% + €0.35 per transaction
9. GoCardless
GoCardless is perfect for businesses in Bulgaria dealing with recurring payments and subscriptions. It’s a direct debit-focused solution, making it ideal for billing management.
Key Features:
- Direct debit payments for recurring billing
- Multi-currency support, including BGN and EUR
- Simple setup for recurring revenue models
Fees:
- 1% + €0.20 per transaction (capped at €2)
10. Skrill
Skrill is well-suited for Bulgarian businesses and freelancers dealing with international clients, especially for digital services or cross-border transactions.
Key Features:
- Digital wallet with support for multiple currencies
- Fast payouts and easy withdrawals
- Suitable for businesses with international clientele
Fees:
- Transaction fees typically start at 1.9%
FAQs
1. What’s the best payment gateway for local Bulgarian transactions?
ePay.bg is highly recommended for local transactions as it’s designed specifically for Bulgarian consumers and supports the Bulgarian lev.
2. Are there payment gateways with low transaction fees for small businesses in Bulgaria?
Yes, MyPOS and Paysera offer low-cost transaction options, especially suited for small to medium-sized businesses.
3. Do any of these gateways offer support for recurring payments?
Yes, GoCardless and Braintree support recurring billing, making them ideal for subscription-based businesses in Bulgaria.
4. Can these payment gateways support international payments?
Yes, options like PayPal, Stripe, and Adyen support international payments with multi-currency options, enabling businesses to expand their reach.
