Top 9 Payment Gateways in Liechtenstein That You Need To Know

At its core, the online economy is reliant on payment gateways. As such, payment providers in Liechtenstein are spoilt for choices when finding a reliable payment gateway solution that scales with their business.

Choosing between different service providers can be difficult, especially when you have plenty of options, each offering various services. But what if you could handle multiple payment gateways from one single platform? 

Sounds intriguing, right?  

Payment aggregators can assist you with such a task, making your life easier and your business transactions more effective. 

Payment Solution Landscape in Liechtenstein

The European continent, consisting of 50 countries, has witnessed a massive eCommerce boom in the past few years. In 2022, the valuation of the European eCommerce market stood at $481 billion, with a 7.3% growth rate. Liechtenstein forms a sizeable portion of this economy, with business booming thanks to favorable tax conditions. 

As post-pandemic business booms in Liechtenstein, brands are considering how to facilitate local and national eCommerce transactions for customers. To this effect, businesses must integrate their eCommerce platforms with payment gateways that enable their customers to conduct online transactions via diverse payment methods seamlessly.

Here are the top 9 of the best payment gateway solutions businesses in Liechtenstein can choose from, to ensure that customers have a hassle-free, seamless online payment solution.

Criteria to Look Out for Payment Gateways in Liechtenstein 

Selecting a business payment gateway solution is crucial; as a process, this isn't something enterprises regularly undertake, considering the pros and cons of the entire selection process. 

It is prudent for businesses in Liechtenstein to consider the following factors before settling on the optimum payment gateway solution for their brand: 

Reliability

Before finalizing an ideal payment gateway solution, businesses should always consider the reliability of the payment service provider. Safety and security are paramount when it comes to financial transactions. It is essential to pair up with a payment gateway solution that customers can trust.

Supported Currencies 

Secondly, businesses must consider the range of currencies supported by the payment gateway system they select. 

Selecting a gateway that supports a variety of currencies used by your business's target demographic is ideal. Such an arrangement can enhance your market reach and create opportunities to expand your horizons. 

Payment Options

Businesses must investigate what payment options are available with a specific payment gateway before integrating them into their business. 

The best alternatives should offer payment solutions allowing enterprises to split vendor transactions, various conversion options, recurring billing, etc. This facility helps brands conserve time and keep their B2B cohorts happy. 

Market Integrations

The next factor on the agenda should be to inspect the scope of market integrations offered by a payment gateway solution. Modern eCommerce requires brands to integrate with new markets immediately to achieve an optimum omnichannel conversion strategy. 

Payment gateway providers providing seamless integrations with unique markets emerge as technologically sound.

Security

In financial transactions, Liechtenstein businesses must always select payment gateways that provide fool-proof security to end-users and merchants. 

In a world where the total cost of eCommerce fraud will reach $206.8 billion in 2023, businesses must comply with and facilitate payment systems offering several security layers. This also helps foster the customer's trust in the brand. 

Pricing and Other Fees

The final factor to consider is the 'cost of doing business.' Payment gateway solutions charge setup fees, transaction charges, and commissions. 

The lower the cost of doing business with a payment gateway, the more profitable it will be for a company as the scale of its operations increases. 

Hence, enterprises in Liechtenstein should opt for a payment gateway system with a nominal service cost.

Top 9 Payment Gateways for Businesses in Liechtenstein

1. 2Checkout

2Checkout is one of the popular payment gateway options among businesses in Liechtenstein. Currently operational in 211 countries and trusted by 20,000+ brands worldwide, 2Checkout has established itself as a globally trusted name in the FinTech game. 

2Checkout offers several perks like globalized payment facilitation, digital commerce, subscription billing, tax & financial services, risk management & compliance, multilingual support, and more.

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: Information Available on request

Commission per transaction: Businesses can choose from one of the following plans:

• 2Checkout 2 SELL: 3.5% + $0.35 per successful sale.
• 2Checkout 2 SUBSCRIBE: 4.5% + $0.45 per successful sale.
• 2Checkout 2 MONETIZE: 6% + $0.60 per successful sale. 

Accepted Payment Methods:

Credit/Debit cards: American Express, Discover, JCB, MasterCard, Neteller, PayPal, PO, Skrill, and Visa.

Other accepted payments: Apple Pay, Google Pay, AliPay, and OPay

Supported Currencies: 87 major currencies.

Approvals and Onboarding Time: Information Available on request

eCommerce Platform Integration: All major e-commerce platforms.

Good Read: Top 9 Payment Gateways in Ireland That You Need to Know

2. Rapyd

Rapyd is another payment gateway alternative rising through the ranks among European businesses. It promises quicker, cheaper, and easier transactions for companies and customers. 

The Rapyd API offers companies 70% less time on payment transactions. Using Rapyd Collect, the gateway's native platform for international payment processing operational across 100+ countries, brands can focus on their business side. 

At the same time, a RESTful API and microservice-based architecture help boost their payment infrastructure.

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: $25.00

Commission per transaction: 

• European Cards- 0.25 EUR; All types (including non-European Cards)- 0.30 EUR
• Domestic Cards- 0.10 GBP; European Cards- 0.10 GBP; All types (including non-European cards)- 0.10 GBP; European Cards- 15 ISK; International Cards-15 ISK  

Accepted Payment Methods:

Credit/Debit cards: Visa and MasterCard (Card Payments, Card Payment With 3DS Verification, Card on File, Card on File With 3DS Verification, Card to Card Payments).

Other accepted payments: Bank redirect, and eWallets

Supported Currencies: 25 different major currencies.

Approvals and Onboarding Time: Complete the KYB application to activate your Rapyd account.

eCommerce Platform Integration: Ecwid, Magento, Prestashop, Shopify, Wix, WooCommerce

3. Adyen

Adyen allows businesses in Liechtenstein to set up shop and serve customers at a moment’s notice. It offers a broad scope of payment methods, optimizes payments to increase authorization rates, and even packs helpful dashboards that roll-up performance, testing, and reporting into one neat interface. 

Adyen additionally provides PSD2 SCA and PCI standard security and an AI-based ecosystem to prevent eCommerce fraud.

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: Information Available on request

Commission per transaction:

• 2.59% plus 49 cents per transaction for credit cards, debit cards, and digital wallets.
• 3.49% plus 49 cents for Venmo (U.S. only), transactions in non-U.S. currency, or transactions outside the U.S. 0.75% for ACH (maximum fee of $5).
• Discounts are available for enterprise businesses.

Accepted Payment Methods:

• Credit/Debit cards: Visa and MasterCard.
• Other accepted payments: ACH, Direct Debit, Affirm, PayPal, Afterpay, Zip, American Express, Apple Pay, Google Pay, Samsung Pay, Diners Club, Discover, Google Pay, JCB, Klarna, Paysafecard, and UnionPay.

Supported Currencies: 30+ major currencies are supported by Adyen.

Approvals and Onboarding Time: Within minutes

eCommerce Platform Integration: Shopware, Magento, Prestashop, Salesforce, Oracle, and BigCommerce.

Authorize.net is a payment gateway for point-of-sale transactions, thus allowing businesses to accept eChecks and contactless payment options over various online methods. 

Authorize.net boasts an award-winning technical support team that helps businesses 24/7. Its integration capabilities have earned it the Strawhecker Group Award for ‘Best API integration’ two years in a row. It further has a partner program that helps businesses scale. 

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: $25 

Charges on refunds: Information Available on request

Commission per transaction:

• 2.9% + 30¢ (all-in-one option)
• 10¢ (payment gateway only) 

Accepted Payment Methods:

• Credit/Debit cards: Visa and MasterCard
• Other accepted payments: Discover, American Express, JCB, PayPal, Apple Pay, and eCheck.

Supported Currencies: USD, CAD, CHF, DKK, EUR, GBP, NOK, PLN, SEK, AUD, NZD, and USD.

Approvals and Onboarding Time: 2 business days

eCommerce Platform Integration: Magento, Moolah, eBay, Surveymonkey, and Shopify.

5. Checkout.com

Checkout.com offers businesses in Liechtenstein a veritable ‘full stack’ of payment solutions for businesses of all sizes. The highly customizable payment gateway allows businesses to scale and transact at blitzkrieg speeds. 

Some of the biggest consumer brands across the globe employ Checkout’s services and use its modular integration technology to quickly create a seamless, feature-rich payment system. 

Checkout.com’s local teams further cater to businesses navigating scalability and compliance challenges.

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: Information Available on request

Commission per transaction:  0.95% plus $0.20 for European cards and 2.90% plus $0.20 for

non-European cards.

Accepted Payment Methods:

Credit/Debit cards: Visa and MasterCard

Other accepted payments: Apple Pay, PayPal, and Alipay.

Supported Currencies: All major currencies are supported by Checkout.

Approvals and Onboarding Time: Information Available on request

eCommerce Platform Integration: 

•  Astound Commerce
•  WooCommerce
•  5874
•  Shopify
• Cabiri
  
  

6. Mollie

Mollie is an easy-to-use and reliable payment provider that started in the Netherlands and Belgium. It is highly scalable and offers businesses access to a rich ecosystem of tech solutions making payment gateway integration a rewarding experience.

Mollie has client and server libraries for various tech stacks. It also has prebuilt accounting, invoicing, cart management, and workflow automation integrations. 

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: Information Available on request

Commission per transaction: 

 For Visa 

o   European Union consumer cards- € 0.25+1.8%

o   Commercial & non-EU cards- € 0.25+2.9%

 For MasterCard

o   European Union consumer cards- € 0.25+1.8%

o   Commercial & non-EU cards- € 0.25+2.9% 

 For American Express

o   Worldwide- € 0.25+2.9%

 For Maestro

   Netherlands- € 0.39

 Apple Pay

Worldwide- Rate defined by card used

 SOFORT Bank Transfer

Europe- € 0.25+0.9%

 SEPA Direct Debit

Europe- € 0.25

 SEPA Bank Transfer

Europe- € 0.25

 paysafecard

Worldwide- 15%

 PayPal

Worldwide- € 0.10

Accepted Payment Methods:

Credit/Debit cards: Visa and MasterCard

Other accepted payments: iDEAL, Bancontact/Mister Cash, PayPal, SCT, SDD, etc. 

Supported Currencies: EUR, GBP, DKK, NOK, PLN, SEK, CHF, and USD. 

Approvals and Onboarding Time: 2 weeks

eCommerce Platform Integration: 

• Wix
• WooCommerce
• Prestashop
• Magento 2
  
  

7. Braintree

Braintree is the only payment gateway that allows businesses in Liechtenstein to reach consumers and drive conversions across payment methods like Venmo (US), PayPal, credit and debit cards, eWallets like Google Pay and Apple Pay, and others. Braintree helps mitigate transaction risks and keeps payment data secure.  

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: There are no extra charges.

Commission per transaction: 

o   Cards and wallets: 2.59% + $0.49 per transaction.

• PayPal: The transaction cost is subject to the terms of your account.
• Venmo: 3.49% + $0.49 per transaction.

o   ACH Direct Debit: 0.75% per transaction.

Accepted Payment Methods:

Credit/Debit cards: Visa, MasterCard, American Express, Maestro, Diners, Discover, JCB, and UnionPay.

 Other accepted payments: Apple Pay, Google Pay, Venmo, Bancontact, BLIK, iDeal, eps,

giropay, MyBank, Trustly, Sofort, P24, and PayPal.

Supported Currencies: 45 currencies.

Approvals and Onboarding Time: Immediate use after approval; some exceptional cases with higher usage time might occur. 

eCommerce Platform Integration: All major platforms.

8. Revolut 

Revolut doubles as both a payment gateway and a FinTech aggregator solution. It allows businesses to conduct business across 200+ countries. 

It offers the same scope to consumers with nifty features like bill-splitting, currency exchange, banking, stock, gold/silver, cryptocurrency investments, and more. 

Pricing and Other Fees:

Setup fee: Free at first, with chargeable ‘Grow’, Scale’, and ‘Enterprise’ plans as per your requirement

Annual Fee: None

Monthly fee: None

Charges on refunds: Information Available on request

Commission per transaction:

1% + £0.20

Accepted Payment Methods:

Credit/Debit cards: Visa and MasterCard

• Other accepted payments:

Supported Currencies: 150 major currencies are supported by Revolut.

Approvals and Onboarding Time: Information Available on request

eCommerce Platform Integration: 

• Magento 2
• WooCommerce
• Prestashop (both 1.6 and 1.7)
• BigCommerce
• OpenCart
• Shopify

9. Skrill 

Skrill is an up-and-coming payment gateway system that also acts as a virtual wallet for users to facilitate money transfers, eCommerce/mCommerce, and more. 

Skrill already operates in 30 countries and is steadily gaining patrons thanks to its rewarding Loyalty Program. 

Pricing and Other Fees:

Setup fee: Free

Annual Fee: None

Monthly fee: None

Charges on refunds: 0.49 EUR per transaction

Commission per transaction: 

• 0.9% on Debit Card/Prepaid Card/Credit Card (VISA, Mastercard, Maestro) transactions, and 0.5% on Rapid Transfer transactions.   

Accepted Payment Methods:

• Credit/Debit cards: Visa, Maestro, and MasterCard
• Other accepted payments: Sofort, giropay, and Neteller.

Supported Currencies: 40+ different currencies are supported by Skrill.

Approvals and Onboarding Time: As soon as registration is approved.

eCommerce Platform Integration: 

• Shopify, 
• WooCommerce, and 
• Wix

Local Payment Gateways and the Complexities They Pose to the Businesses

Liechtenstein businesses have access to a large customer base and various payment options due in part to its membership with the European Economic Area. However, accepting customer payments beyond national borders poses certain complexities because it is not part of the E.U. Customs Union. This may require companies to use multiple gateways for global transactions incurring more significant costs or long wait times. 

The country's strict financial regulations can also impede operations resulting in costly licenses necessary prior to operating such services within Liechtenstein.

Fortunately, there are solutions available that can empower companies by providing multiple methods for accepting payments across borders--including credit cards, bank transfers, and mobile pay--helping them grow their business both near and far.

How Can inai Help You Integrate Multiple Payment Gateway Integrations in Liechtenstein?

inai is an aggregator platform that brings merchants and businesses together. Imagine a platform that allows you to access multiple payment gateways from one platform while working with merchant payments, managing currency conversions, reporting, and many other functionalities in one go. You can perform all these tasks with our single stop-shop. 

At inai, we value ourselves for our services and our extensive global reach, which promises to provide your business with a lot of benefits and an edge over your competition.

With our multi-faceted platform, you get some outstanding features, such as: 

• Localized checkout benefits your business since customers can transact in their local currency. 
• Customizable front-end CXO dashboards to align your brand with refund management requirements.
• Built-in Enterprise Grade security integrations to meet standards laid down by PCI-DSS and GDPR policies.

We value our business-customer relationship; for this reason, we provide the best possible services to customers to enhance their day-to-day experiences on our platform.