The best payment gateways in Dubai
To get a merchant account in Dubai, you need a payment gateway. The best and established payment gateways available in Dubai are described below.
Dubai has become a major hub for online business, propelling it into the information age. With the rise of e-commerce, many payment gateway providers have emerged to offer merchant accounts. This variety allows online businesses to find high-quality services at reasonable prices. Each gateway has its own benefits, so it’s important to understand them before choosing the best one for your needs. Most payment gateways are easy to set up and use, saving you valuable time. Here are some of the most popular payment gateways in Dubai, along with their pros and cons.
1. Amazon Payment Services
Amazon payment is the one that offers the most convenience to its users. It is available in many countries and was formerly known as payfort. The payment gateway is a fast and secure way to complete all payments quickly. After the user has provided his information in the registration, they will be directed to an Amazon page where they can choose a payment method to load money into their account. It favors Arab business owners who wish to use this payment mechanism for their websites. A demerit of this service is that you have to pay 2.8% of your purchase. It is also one of the more difficult to install, but can be achieved with the help of customer support.
There are two pricing options based on your monthly transaction value.
For monthly transactions totaling less than 300,000 AED, this plan charges 2.80% plus AED 1.0 per transaction. There is also a fixed monthly account fee of AED 200. Also, international transactions may be charge differently.
Customized Plan: For transactions of total value over 300,000 AED per month. The customized plan will be tailored to what your business needs and offers volume discounts. You will be given better rates if you are a high user after application.
You can apply here for your Amazon merchant account
2. Checkout.com
Established in 2012, Checkout.com began as a cloud-based payment platform and has rapidly evolved alongside the digital landscape. It assists businesses with online payments, aiming to help them thrive in the digital economy by offering innovative, adaptable solutions and insightful payment data. Checkout.com considers its relationship with clients as partnerships rather than mere service provision. Over the last ten years, the company has expanded to more than 1700 employees across 19 global offices, all focused on supporting business growth with their cutting-edge payment system. However, it currently only supports five payment methods: VISA, Mastercard, JCB, Mada, and American Express.
Contact Checkout.com on their website or by phone: United Arab Emirates is +971 4 420 2886
You can make a merchant account enquiry here.
3. Cashu
Cashu is based mostly in the middle east and north Africa but also extends is operation into SE Asia. It was launched in 2002 as an alternative payment method to the use of credit cards online. Emiratis are cautious of paying with credit cards. It is now one of the top payment systems used for electronic transactions in UAE. It is committed to offering all its users a safe and user-friendly payment gateway. There are no chargebacks or refunds for your money, which makes it perfect for all online shoppers. It offers the lowest commission rate for online sales and no set up fees. It is usually easy to install but offers customer support at a small fee to install it for you, just in case. Cashu has AML systems and ensures a modern fraud monitoring system. This will ensure that there are no fraudulent payments will be made.
CASHU has now stopped trading
4. Paycaps
Paycaps is a new payment gateway located in Dubai, and it supports payments in UAE. With this payment system, you will enjoy the convenience it brings you. All the information your customer provides to this payment system will be confidential and used only to make payments. This payment system accepts many cards, but not all of them, so it’s better to use paycaps if you use them for large transactions. With an online channel for users to make payments, you can trust this payment gateway because it will always be available for you. The payment gateway also offers different currencies and languages which is a must in Dubai.
You can phone Paycaps directly (+971) 559743797 or email at info@paycaps.com .
Apply for a paycaps merchant account here.
5. CC Avenue
CC Avenue payment gateway was started in 2001 and has gained popularity for its secure payment gateway. It provides a simple way for customers to make payments and enjoy convenience. There is also no chargeback of your money, so you will never have to worry about your purchases being able to be refunded. Many customers prefer CC Avenue because they value their money and want to ensure it is safe with them. The pricing favors all types of customers because it is one of the best in the world for all customers. It offers customers a free startup package, allowing businesses to enjoy this system’s convenience.
6. telr
Telr is one of the best payment gateways in Dubai because it accepts many types of payments and provides good security to its users. The payment gateway offers multiple services that are user-friendly and very easy to use. It is now available in 100 different countries that can be used to perform payments. Users can make payments using telr app on their smartphones, which is very easy and safe. It consists of three payment methods: Entry, Small and Medium, designed to suit the needs of different businesses. The only disadvantage of this payment gateway is the fund processing and the language limits.
7. PayTabs
PayTabs Dubai is one of the best types of payment services that you can use for your online payments. It is very secure and provides easy payment solutions for customers. The payment service also offers an invoice on which you can make a payment to your account. It is one of the best payment systems that helps its users to create an invoice, which will help them to get more from their purchases. You can also use it for invoicing and providing quotes, and it is fully compatible with all platforms used for payment processing. This payment service also provides security, and you can easily enjoy the convenience of this system. It is also certified by Visa and MasterCard, and its security measures align with the standards. One of the cons of this payment system is that it has a hefty price tag compared to the other payment gateway with a lower price range. This makes small startups that cannot afford this payment gateway, which can be inconvenient for them to pay this high price.
8. Razorpay
Razorpay is an indian payment gateway that will be familiar to the large Indian migrant workforce in Dubai. Razorpay accepts all payment modes. Your customers payments are instantly processed and you receive them immediately. Refunds to your customers are processed at the click of the mouse. You are in complete control. Instant refunds builds trust with your customers. It is one of the easiest systems to install on your website, and other locations. You can place your payment link in emails and in other places on the web. Razorpay also allows for easy subscription payments for recurring payments. Razorpay also provides you with detailed instant reports. It has Robust Security and is PCI DSS Level 1 compliant.
9. Payfort
Payfort has been taken over by Amazon. Although the name is still being used, it is more and more being called Amazon Payment Services.
10. Hyperpay
Hyperpay was launched in 2014. It offers a payment gateway in UAE and the wider area of the middle east and north Africa. It offers a wide range of online payment solutions, backed by cutting-edge technology platforms, to businesses ranging from the smallest to the largest enterprises. Hyperpay can integrate with platform which allows merchants to start accepting online payments within days of setting up. Hyperpay is connected to a large network of acquiring banks in the region. You will be able to take nearly all payment types available in Dubai. In 2019 Hyperpay has also incorporated UNION-PAY payments as part of its offering. It is an ambitious merchant provider and is the fastest growing merchant account provider in the UAE. They also allow recurring payments fro subscription services. Powerful Analysis Reports. that are real time and you also receive monthly customized data analysis reports.
11. Stripe UAE
Stripe has recently launched in 2021 in UAE after successful beta testing with a few select businesses in UAE. This is the first launch of stripe in the middle east. Stripe has opened an office in Dubai’s internet city. Stripe is a global gateway payment provider for the internet, today announced its official launch in the United Arab Emirates. Online businesses in Dubai can use Stripe to accept online payments, make payouts, reduce fraud, and expandbe able to sell services around the world. It also means that businesses around the world that use stripe can sell products and services to online users in the UAE. Before stripe, it was difficult to implement an online payment gateway in Dubai. Stripe is available to all licensed businesses in UAE such as sole establishments, free zone establishments, and LLCs and the branches of the previous list. Your business must hold a valid (non-expired) trade licence or freelancer permit issued within the UAE. Stripe also accepst DED eTrader licences.
Conclusion
Dubai is an important hub for online shopping in the middle east, and it is home to many world-class companies, which is why many payment systems can be found in this city. As a website owner, you need to consider the type of payment gateway that you will use to accept payments from your customers. You have many choices, and it is up to you to choose the best payment methods for your online store. Make sure that when you select a payment system, you have thought about all aspects of your online shop and make sure that your customers can enjoy shopping with peace of mind. Please look at each card to choose the best payment system. Overall, Dubai is a beautiful city, and it is home to many companies committed to providing the best payment solutions, so you should make sure you choose one of them for your business.
Further information here UAE Payment Gateway