Authorize.Net vs Amazon Pay Payment Gateway Comparison

Integrating multiple payment gateways is crucial to the growth of a SaaS business. Maximizing revenue generation requires that you don’t leave out any opportunity in the form of leads and conversions.

Many businesses have observed that not providing support for payment methods can discourage audiences from trusting and buying your service/product.

This is because coupled with price localization, payment method availability has been observed to be a crucial factor.

Not only do audiences trust and purchase from companies that offer their preferred payment methods, but they also refer the service around to other buyers around.

However, it’s no secret that if you’re a SaaS merchant/vendor/business looking for comparisons, you probably can’t afford integrating multiple gateways. Regardless of how profitable it is, these gateways can be a pain to integrate and afford simultaneously.

Which is why we’ve done the comparisons for you. In this post, we’ll go over Authorize.net vs Amazon Pay and look at what distinguishes both these payment service providers.

Authorize.Net

Authorize.Net was designed to support merchants and businesses of small-medium size that process transactions lower than $500,000.

This payment service provider operates from Europe, Australia, US and the UK. However, Authorize.Net offers global payment acceptance for its merchants. Supporting 8 currencies in Europe, 3 in Australia and 2 in US and Canada combined, Authorize.Net makes for easy price localization.

With almost 16,000 websites currently working with Authorize.Net, it’s easy to see why. Firstly, the exclusion of a set-up fee appeals to startups that aren’t looking for hefty investments. Secondly, the flat monthly fee structure makes it easy to predict expenses and accommodate costs. Thirdly, with its reputation, it’s fairly easier for developers to integrate Authorize.net payment gateways in checkout pages.

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Moreover, since the transaction costs are lower than many of the market alternatives, businesses prefer customers use Authorize.Net.

To compete with the advanced market, the payment service provider makes sure to keep its anti-fraud systems up-to-date.

That means you can rely on their system to be safe and secure. Authorize.net also comes with an easy checkout process that comfortably supports credit and debit cards, Apple Pay, PayPal, Visa Checkout, etc.

You can either go for the All-In-One or the Payment Gateway Only option from the service provider’s website.

All-In-One	Payment Gateway Only
Comes with Merchant Account	Needs an Existing Merchant Account
No Set Up Fee	No Setup Fee
Per Transaction: 2.9% + 30 cents	Per Transaction: 10 cents
	Daily Batch Fee: 10 cents

Amazon Pay vs Authorize.Net

When it comes to Amazon Pay, it’s not even about the ease of integration and seamless payment processing. Everyone trusts Amazon regardless of how they may view the company.

This means a significant boost in confidence that audiences hold in your checkout process. Seeing the “Pay with Amazon” option means that people are likely to convert and complete checkouts.

Operating in over 135 countries around the world, Amazon Pay is the leading payment gateway solution in the US, Germany, Japan and the UK. The boasting point for Amazon Pay is their promise to process checkouts 49% faster than all other market alternatives.

One of the main reasons customers prefer Amazon Pay is because of the purchasing process. During checkout, all the details that are needed from the user are filled automatically as they sync with their Amazon account.

Given the top-tier security measures implemented by Amazon Pay, there’s significantly less chances of encountering frauds and chargebacks.

With Amazon Pay, you get the ability to automate recurring payment processing options as well. This means you can also process subscription billing with this payment service.

There is no set up fee or monthly cost for using Amazon Pay. The company only charges you for the transactions that you’ve completed.

Though the competition in the market offers several tiered ranges that offer discounts as you go up, Amazon remains consistent.

While this may appeal to many small to mid-size businesses and merchants, it quickly becomes a problem if you’re processing more transactions.

Authorize.net vs Amazon Pay Pricing and Fee Structure Comparison

	Authorize.Net	Amazon Pay
Setup Cost	0	0
WooCommerce Extension Cost	$79	0
Monthly Cost	$25	0
Transaction Fees	2.9% + 30 cents	2.9% + 30 cents
Transaction Fees per Month (If fifty transactions of $100 are made)	$160	$160
Total Monthly Cost	$185	$160
Total Annual Cost	$2,348	$1,920

Amazon Pay vs Authorize.Net Global Coverage

Amazon Pay has managed to overtake the market by a huge margin. Studies aimed at researching websites that are using authorize.net vs amazon pay revealed staggering insights.

It was found that almost 0.023% of total websites around the world are using Authorize.Net. Whereas, Amazon Pay is being used by 0.077% which comprises:

7,416 websites of the Lifestyle category (Winner)
1,972 websites of Home and Gardening category (Winner)
1,912 websites of Sports category (Winner)
1,910 websites of Food category (Winner)
1,430 websites of Computer Electronics and Technology category (Winner)
1,184 websites of Health category. (Winner)
33 websites of Law and Government category
190 websites of Finance category
330 websites of Communication & Society category
340 websites of Heavy Industry & Engineering category
238 websites of Science & Education category

For Authorize.Net, the same research revealed the following breakdown:

551 websites of the Lifestyle category
619 websites of Home and Gardening category
546 websites of Sports category
352 websites of Food category
852 websites of Computer Electronics and Technology category
676 websites of Health category.
177 websites of Law and Government category (Winner)
304 websites of Finance category (Winner)
345 websites of Communication & Society category (Winner)
375 websites of Heavy Industry & Engineering category (Winner)
408 websites of Science & Education category (Winner)

The Winner

It’d be wrong to declare any one of the above as a clear winner. That’s because even though the difference in numbers is huge, the relevance of payment services for different industries proves that the decision is subjective and relative to your situation. If you think that your target audience is more likely to convert with Amazon Pay, you should go for it. Similarly, if Authorize.Net is your cup of tea, let’s get in touch and help you integrate now!

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