Choosing the perfect payment system for your web application can be a nightmare. While mobile apps can get away with in-app purchases (for a monstrous 30% AppStore cut), web applications need a payment gateway to accept money from their users.
And this is where things get complicated.
50% of online shoppers will abandon their carts if your app doesn’t have their favorite payment method. But there are more than 70 payment systems out there! Each has different terms (read the fine print!), fees, and features.
That’s why I’ve already outlined 13 questions you should ask while looking for a payment system. And today I’ll compare three popular gateways (PayPal, Stripe and Braintree) to make the choice even easier.