Are all online payment gateway charges so expensive?

Richard Raw

30 April 2021

When we talk about payment gateways, what we’re really talking about is a piece of software that’s used to process online payments.  They’re an essential part of the process – without a payment gateway, no online transaction, whether it be a payment for a service or a product, can take place.

When a customer completes their transaction, the payment gateway passes that information to the card processor in a secure encrypted form.  They will then ascertain that the payment is valid and confirm the sale, providing that information back to the card terminal or eCommerce store for confirmation.  All of this happens in seconds, making sure that the transaction process works seamlessly and efficiently.

Given a payment gateway is an essential part of the process for taking, and ultimately receiving, payments from your customers, businesses can often feel frustrated by the associated costs.  On the surface, it seems that there are no options but to spend a significant portion of your income on ensuring you have this feature available.

The good news though is that not all payment gateways are expensive to set up, run or maintain. Here are our top things to consider when choosing a payment gateway provider.

#1 – The Cost

As we’ve mentioned, the cost is undoubtedly going to be one of the main factors when it comes to deciding on your provider.  It is essential, as a business, that the provider you choose has a solution that works well with your business model to ensure that you do not get left with large, unexpected charges.

Many providers have a set-up fee, followed by a standard monthly charge, with individual transaction fees too.  There can also be additional charges for online support and assistance with integrations.


Here at ePay247, we have a number of payment options available for our customers.  We work with you to understand your business needs, for example, how many transactions you are likely to process each month, and the value of individual transactions, to ensure you are on the best rate possible for your circumstances.  Talking to you and understanding how your business works is an essential part of making sure you get the right service that fits with how you work.  This is one of the biggest benefits of working directly with us as well as the reduction in chargebacks which will ultimately reduce financial risk to your business.

#2 – Types of cards for payments

Whilst it’s important to ensure you can afford your payment processing service, it is not worth scrimping on cost if your provider ultimately does not cater to your customers’ needs.  You will need to make sure that you can offer customers a wide variety of payment options; for example, ePay247 can process both MOTO and telephone payments, payments by link, as well as accepting most cards and allowing the set-up of recurring payments whilst offering global coverage.

#3 – Ease of integration

It is also essential that you find out how easy it is to integrate your chosen payment gateway with your current eCommerce store.  You need an eGateway solution that can work seamlessly with your platform, which will allow your business to grow and develop, rather than holding you back.

Here at ePay247 we know finding the right payment processor for your business can be hard work; however, as the global leading specialist payment gateway provider, we already provide businesses just likes yours with reliable, trusted, secure and timely payments 24 hours a day, all year round.

To find out more, please get in touch with our dedicated team who will discuss your requirements with you and provide you with a bespoke quote.