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Payment Gateways Compared: A Guide for Liechtenstein Businesses

When it comes to integrating multiple payment options in Liechtenstein, businesses have several choices. In this article, we’ll compare three popular payment gateways and highlight their features and pricing.

Payment Gateway Options

Stripe

  • Competitive Pricing: No setup fees, annual fees, or monthly fees.
  • Transaction Fees:
    • Cards and wallets: 2.59% + $0.49 per transaction
    • PayPal: variable rates
    • ACH Direct Debit: 0.75%
  • Supports multiple currencies (45)

Revolut

  • Free Setup: No setup fee, annual fees, or monthly fees.
  • Commission Rate: 1% + £0.20 per transaction
  • Supports multiple currencies (150)
  • More limited country coverage compared to Stripe

Skrill

  • Setup Fee: €0
  • Annual and Monthly Fees: No fees
  • Refund Charge: 0.49 EUR per transaction
  • Commission rates vary depending on the payment method
  • Supports multiple currencies (40+)
  • More limited country coverage compared to Stripe

Additional Features

All three gateways offer support for multiple currencies, integration options with various eCommerce platforms, and more.

Challenges in Liechtenstein

As a member of the European Economic Area but not the E.U. Customs Union, Liechtenstein businesses may face complexities when accepting customer payments beyond national borders. This can result in higher costs or longer wait times due to the need for multiple gateways for global transactions.

Solution Offered by inai

inai is an aggregator platform that provides a single-stop-shop for integrating multiple payment gateway integrations in Liechtenstein. The platform offers:

  • Localized Checkout Benefits: Enhanced user experience with localized checkout options
  • Customizable Front-end CXO Dashboards: Tailor-made dashboards for easy management and analysis
  • Built-in Enterprise Grade Security Integrations: Compliance with PCI-DSS and GDPR policies to ensure secure transactions

By using inai’s aggregator platform, businesses can simplify their payment processes, reduce costs, and enhance the user experience.