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What Is the Cost of Building a Website With PayPal and Stripe Features?

September 24, 2021  /  
What Is the Cost of Building a Website With PayPal and Stripe Features

Building an eCommerce website can be challenging as there are many things to consider. You have to decide on web hosting, designing, add-ons, extensions, copy, and the strategies you can do to get people coming in. But there’s one more thing that some entrepreneurs forget: payments.

Payment gateways will allow your customers to shop and check out products from your site quickly. However, the main thing you should consider is the cost of payment gateways. As they are essential in building an eCommerce site, you need to consider their overall cost.

On average, building an eCommerce website can cost $1,500 to $6,000 for small businesses, but adding plug-ins and extensions for an enterprise can raise the costs to $10,000 to $30,000. To start on other expenses, you should consider the costs of a payment gateway — in particular, start with the most commonly used ones: PayPal and Stripe.

Here are the most important things to learn about PayPal and Stripe.

Online Transaction Charges

  • Paypal: 2.59 to 3.49% + $0.49 depending on the transaction and your plan
  • Stripe: 2.9% + $0.30 for every transaction

Accepted Payment Methods

  • Paypal: Credit cards, debit cards, Venmo, GooglePay
  • Stripe: Credit cards, debit cards, ApplePay, GooglePay, ACH Payments, MicrosoftPay, and other foreign payment methods

Best Features

  • Paypal: Easy to use, excellent international customer support, solid proprietary ecosystem
  • Stripe: Excellent developer support, advanced security tools available, supports more currencies

Ideal for Which Business Types

  • Paypal: Low volume online businesses and those that offer international commerce
  • Stripe: Businesses that seek a customizable platform and those that offer international commerce

Both PayPal and Stripe offer payment solutions that are perfect for eCommerce businesses. For more things to prepare for your eCommerce solutions, check out this best eCommerce dropshipping plugin guide from Page Kits.

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