Website International Credit Card Payment Options

Using international credit card payment services is an essential step for cross-border brands targeting the C-end market after launching their Website and before implementing various online marketing strategies. In addition to offering PayPal as a payment method for users to place orders, the website must also have credit card payment functionality for visitors to make purchases. In order to maximize the conversion rate of the website’s traffic, we should plan for multiple payment options when setting up the website. This way, visitors can choose their preferred payment method when checking out, which not only makes purchasing easier for users but also reduces cart abandonment rates and improves the overall conversion rate of the website.

By reading the article "Credit Card Payment Channels for Websites," readers will understand the application requirements and fee details for global credit card online payment systems in both domestic and international markets. Based on their website’s subject qualifications, they can choose the appropriate global credit card online payment service provider to integrate into their websites to enable global online payments. To assist readers, the article provides direct links (anchor text) to the official websites of domestic and international global credit card payment service providers. Additionally, readers will learn:

• The differences between international and domestic global credit card online payment service providers
• The key factors for selecting a global credit card online payment provider
• How the core features of global credit card online payment service providers can help improve conversion rates for websites

The article "International Credit Card Payment Channels for Websites" will cover the following content sections. The text is divided into five parts, providing an in-depth explanation of the technical services, fees, and decision-making elements for choosing global credit card service providers in both domestic and international markets. If readers want to skip certain sections, they can click on the links in the content directory to read specific chapters.

• International Credit Card Payment Service Providers for Foreign Websites
• International Credit Card Payment Service Providers for Domestic Websites
• Fees for Domestic International Credit Card Payment Service Providers
• Services of Domestic International Credit Card Payment Service Providers
• Key Factors for Selecting Domestic International Credit Card Payment Service Providers

Ⅰ、International Credit Card Payment Service Providers for Foreign Websites

Foreign credit card service providers tend to have a higher global applicability compared to domestic ones. However, due to language barriers and national/regional monetary policy factors, foreign providers typically do not support applications from companies with Mainland China entities. However, if a cross-border e-commerce website is under a foreign company entity (including companies from Hong Kong and Macau), it can apply directly to foreign credit card service providers for payment gateway integration.

1、Stripe

Stripe is a fintech company headquartered in the United States, founded in 2010, primarily offering online payment processing services. Stripe is a global cross-border payment company providing payment solutions for individuals, businesses, and e-commerce platforms, helping them accept payments from around the world. It is worth mentioning that Stripe has the strongest overall technical capabilities in online payment processing. The highly popular AI image creation tool Midjourney and the order online payment system Shop Pay, integrated with Shopify, are also supported by Stripe's technology.

Key features of Stripe:

1. Global Coverage: Stripe supports over 135 currencies and payment methods, covering more than 190 countries and regions worldwide. This means merchants can accept payments from consumers all over the world without worrying about currency conversion and geographical restrictions.
2. Developer-Friendly: Stripe provides simple-to-use APIs and development tools that make it easy for developers to integrate payment functionality into their websites or applications. This includes support for various programming languages and platforms, such as Python, JavaScript, Ruby, PHP, and SDKs and plugins for mobile apps and e-commerce platforms.
3. Security: Stripe is committed to ensuring the security of payment transactions. It employs a variety of security measures, including encryption technologies, fraud detection, and data breach prevention, to protect the personal information and funds of consumers and merchants.
4. Flexible Pricing Model: Stripe’s pricing model is relatively flexible, with no fixed monthly fees or minimum transaction amounts. Merchants only pay a fee per transaction, which is typically a fixed percentage plus a fixed amount. In addition, Stripe offers some additional paid services, such as customized solutions and professional support.
5. Support for Different Business Models: Whether for traditional e-commerce, subscription services, marketplace platforms, or localized payments, Stripe provides corresponding solutions to support various business models and payment scenarios.

2、Adyen

Adyen is a payment technology company headquartered in the Netherlands, founded in 2006. The company offers global payment solutions aimed at helping businesses with cross-border payments, multi-channel payments, and multi-currency payments. Adyen's platform supports online payments, mobile payments, POS systems, and various payment methods and currencies, providing merchants with a comprehensive payment service. Companies such as Uber, Spotify, McDonald's, and e-commerce platform Wix all use Adyen's technology to support online payments.

Adyen’s key features include:

1. Global Coverage: Adyen's payment services cover many countries and regions worldwide, supporting over 200 currencies and payment methods, helping businesses easily handle payments from consumers around the world.
2. Developer-Friendly: Adyen provides simple-to-use APIs and development tools that make it easy for developers to integrate payment functionality into their websites or applications. This includes support for various programming languages and platforms, as well as SDKs and plugins for mobile apps and e-commerce platforms.
3. Security: Adyen is committed to ensuring the security of payment transactions. It uses advanced encryption technologies, fraud detection, and data breach prevention measures to protect the personal information and funds of consumers and merchants.
4. Data Analytics: Adyen provides rich data analytics and reporting features to help merchants understand consumer behavior, payment trends, and business performance, enabling them to optimize marketing strategies and improve performance.
5. Flexible Pricing Model: Adyen's pricing model is relatively flexible, charging a fee per transaction with no fixed monthly fees or minimum transaction amounts. In addition, Adyen offers some additional paid services, such as customized solutions and professional support.

Ⅱ、International Credit Card Payment Service Providers for Domestic Websites

There are also many global credit card online payment service providers in China. Here, I will introduce a few well-known ones. Due to the country’s currency policies, domestic global credit card payment service providers mainly serve cross-border e-commerce businesses in China that require foreign currency settlement and global multi-currency online payment collection. These service providers offer global payment solutions for Chinese mainland enterprises, helping Chinese brands expand internationally and solve online payment technical challenges, thus enhancing the global connectivity of Chinese companies' products.

1. LianLianPay (LianLian International)

LianLian International is a cross-border payment subsidiary of LianLian Pay Group, established in 2014. LianLian Pay is one of the early companies in China providing cross-border payment technology services. LianLian International has the advantages of multiple global financial licenses, complete qualifications, and low fees, dedicated to providing cross-border payment solutions for Chinese cross-border e-commerce businesses to connect globally.

Features of LianLian Payment:

1. Payment Licenses: More than 60 global payment licenses and related qualifications.
2. International Major Credit Card Organizations: Covers VISA, MasterCard, American Express, UnionPay, JCB, and Discover, a total of 6 international major credit card organizations.
3. Foreign Exchange Payments: LianLian International supports payments and settlements in multiple currencies, providing merchants with convenient foreign exchange payment solutions to help manage exchange rate risks in cross-border transactions.
4. Risk Control and Compliance: LianLian International focuses on the security and compliance of payment transactions, ensuring the safety of merchant and consumer funds and the legality of transactions through strict risk management and compliance audits.
5. Technical Support and Services: LianLian International provides professional technical support and customer service teams to assist merchants in smoothly integrating the payment platform and solving issues and challenges during the payment process.
6. Global Expansion and Partnerships: LianLian International has established partnerships with financial institutions, payment companies, and e-commerce platforms around the world, expanding its business coverage and providing merchants with broader cross-border payment services and market support.

2、Checkout

Checkout is a cross-border payment company headquartered in the United Kingdom, founded in 2012. The company offers global payment solutions, aiming to provide businesses with secure and convenient payment services. Checkout’s payment platform supports multiple payment methods and currencies, including credit cards, debit cards, e-wallets, bank transfers, and more, covering multiple countries and regions worldwide. In fact, Checkout is a cross-border payment company from abroad, but I have included it in the list of international credit card acquirers for domestic websites because Checkout has a subsidiary in Shanghai that handles client services for mainland China. Additionally, it's worth mentioning that large sellers like SHEIN are also Checkout's clients.

Checkout's main features:

1. Global Payment Coverage: Checkout holds a global direct acquiring license, supporting over 150 currencies and various local payment methods, helping businesses easily accept payments from around the worl
2. Diverse Payment Methods: Checkout offers various payment methods, including credit cards, debit cards, e-wallets (such as PayPal, Alipay, WeChat Pay, etc.), bank transfers, and more, catering to the payment needs of different users and merchants.
3. Security: Checkout focuses on the security of payment transactions, employing flexible 3D secure authentication mechanisms to ensure the safety of both user and merchant funds.
4. Flexible Pricing Model: Checkout’s pricing model is relatively flexible, charging a fee per transaction, with no fixed monthly fees or minimum transaction amounts.

3、Oceanpayment

Oceanpayment is a cross-border payment service provider headquartered in China, established in 2013, with business and technical teams in Shenzhen. The company is dedicated to providing cross-border payment solutions for global businesses, helping them easily achieve international collections and payments. Oceanpayment's services cover multiple countries and regions worldwide, supporting various payment methods and currencies, providing merchants with comprehensive payment services.

The main features of Oceanpayment include:

1. Global Payment Coverage: Oceanpayment supports payments globally, covering multiple countries and regions, helping businesses easily accept payments from consumers worldwide.
2. Diverse Payment Methods: Oceanpayment offers various payment methods, including credit cards, debit cards, e-wallets, bank transfers, etc., meeting the payment needs of different users and merchants.
3. Secure and Reliable: Oceanpayment focuses on the security of payment transactions, using advanced encryption technology and fraud detection systems to ensure the safety of both user and merchant funds.
4. Foreign Exchange Payments: Oceanpayment supports payments and settlements in multiple currencies, providing merchants with convenient foreign exchange payment solutions to help manage exchange rate risks in cross-border transactions.
5. Technical Support and Services: Oceanpayment provides professional technical support and customer service teams to help merchants smoothly integrate with the payment platform and solve issues and challenges during the payment process.

Ⅲ、Fees for Domestic International Credit Card Payment Service Providers

Note: The data should be based on the latest published information from each service provider. The data used here was obtained a year ago, so there is a certain time lag. Strictly speaking, the following data should not be considered as accurate for the current time. The data is provided for reference purposes to give readers an idea. Please do not use this data as the sole basis for decision-making at present. To obtain accurate data, you should contact the corresponding service provider and have their sales team provide the latest service fee details. Checkout has no setup fee or annual fee; it only charges a settlement operation fee. LianLianPay and Oceanpayment have both setup fees and annual fees, but these fees can be reduced to some extent. For specific details on how to reduce these fees, you can communicate with the service provider’s sales staff. This note is intended to help readers avoid unnecessary costs.

1. Access fees for international credit card acquiring channels

1. LianLian Pay(LianLian International): 5000 CNY
2. Oceanpayment: 5000 CNY
3. Checkout: No access fee

2. Annual fee for international credit card acquiring channel

1. LianLianPay(LianLian International): 3000 CNY
2. Oceanpayment: 5000 CNY
3. Checkout: No annual fee

3. Foreign exchange settlement fees for international credit card acquiring channels

1. LianLianPay(LianLian International):3.2%-3.4%
2. Oceanpayment: 3.1%-3.4%
3. Checkout：3%-4%

4. Minimum withdrawal amount for international credit card acquiring channels

1. LianLian Pay(LianLian International): 1000 USD
2. Oceanpayment: 5000 CNY
3. Checkout: No data

Ⅳ、Services of Domestic International Credit Card Payment Service Providers

The services provided by domestic international credit card acquiring service providers are generally similar. Once the integration contract is signed, their sales and technical teams will create WeChat groups to connect with the requesting party, guiding the website operators in creating the necessary policy pages and modifying website details to meet their policy requirements. Additionally, the technical staff of domestic international credit card acquiring service providers will assist the website operators in installing the integration plugins, creating API interfaces, and inputting their SDKs, until the credit card online payment interface becomes functional. Let me know if you need any further help!

1. Credit Card Revenue Funds Operation Backend: Once a cooperation contract is signed with a domestic credit card acquiring service provider and the integration is effective, the service provider will offer a backend operation system for revenue funds to the website manager. This system allows the website team to verify each credit card revenue detail and manage the withdrawal of revenue funds.
2. Instant Customer Service Communication: During the operation of the website, any issues related to credit card payments on the website can be directly communicated with customer service via WeChat group for instant feedback.
3. Technical Support Services: If there are any issues or parameter changes required for credit card payments during the website operation, the service provider will have technical personnel to guide and resolve these issues.

Ⅴ、Key Factors for Selecting Domestic International Credit Card Payment Service Providers

For a website, choosing a good online payment technology service provider is a crucial decision. A good international credit card acquiring service provider allows cross-border e-commerce websites to operate smoothly without worrying about payment collection issues, enabling them to focus on the website's operation without being distracted by payment concerns. On the other hand, if the wrong online payment service provider is chosen, issues may arise due to flaws in their products and services, leading to problems that cannot be promptly handled or users having trouble completing checkout. This can result in significant losses for the cross-border e-commerce business. Below are the general standards for choosing an online payment technology service provider. It is recommended to fully understand the technical and service capabilities of the provider and compare multiple options before making a final decision:

1. Payment Stability: Payment stability is a priority. It refers to two aspects of stability. First, the stability of payments during checkout by users on the website, which means the success rate of international credit card payments in the actual operation on the website. Second, the stability of the website's fund operations, which refers to the stability of withdrawing and transferring credit card revenue funds.
2. Fees: Each service provider has different fees, and the considerations include setup fees, annual fees, and withdrawal operation fees. Generally, foreign credit card acquiring service providers or foreign-funded credit card acquiring service providers do not have setup or annual fees. The choice depends on the website's qualifications.
3. Features: It’s important to clarify the features, particularly the front-end payment functions. Different credit card acquiring service providers offer different checkout functions, including multi-page checkout and single-page checkout. It is recommended to choose a credit card service provider that offers single-page checkout, as multi-page checkout, which redirects users to the service provider’s page for final confirmation, can be inconvenient for users and lower trust in the payment process. These factors may lead to higher cart abandonment rates and affect the website's conversion.
4. Payment Options: In addition to considering the regular credit card types provided by domestic global credit card acquiring service providers, it’s also important to check if these providers offer e-wallet payment options such as Apple Pay, Google Pay, and other “Pay” services from abroad. These convenient e-wallet payment methods provide more payment choices for users during checkout, potentially increasing the website's sales conversion rate.
5. Customer Service: Customer service and technical support from domestic global credit card acquiring service providers are generally similar, but it is essential to understand the service feedback efficiency of each provider before making a decision.
6. Usage Rules: Usage rules refer to any additional restrictions or terms on the credit card payment interface service, such as monthly or annual transaction limits, or any clauses that may stop the service. It's important to be aware of these before making a choice.

Conclusion: This concludes the article on "International Credit Card Payment Channels for Websites." The value of this article is to help readers understand the characteristics and differences in technology, service, and fees of both domestic and international credit card acquiring service providers. After setting up a website, this article provides an explanation of global credit card acquiring, which serves as a reference when selecting a credit card acquiring service provider.

Finally, if you are planning Website Development and wish to determine the appropriate credit card payment system provider before officially starting the website project, or need professional answers and development solutions during the planning process, feel free to Contact the Logic Digital Technology Team. The Logic Digital Technology team specializes in WordPress Website Development and technology development, and we will provide you with efficient and professional solutions to ensure your website project is successfully launched.

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