The best payment gateways in Egypt for your WooCommerce store Comprehensive comparison

Choosing the appropriate payment gateways for the online store is an important criterion for the success of the store. There are several Egyptian payment gateways that target the Egyptian market and provide payment options that suit Egyptians, as well as providing activation and documentation facilities for Egyptian store owners at the individual and corporate levels. During today's article, we will learn about the best payment gateways in Egypt, in terms of features and challenges of use, in addition to the average commissions so that you can choose the best for your online store. 1- Paymob - Paymob payment gateway is one of the best payment gateways in Egypt. Paymob offers a group of integrated electronic services, the most important of which are electronic payment gateways. It was established in 2015 AD, and the number of its users today reaches more than 12 million users with more than 120 million transactions with a financial total exceeding 6 billion pounds.

The Paymob payment gateway is the main payment gateway for many global platforms, for example Uber, SWL, and Rabbit, and it offers a set of features that make it one of the best payment gateways in Egypt, and the most important of these features are the following: the ability to create an individual account without a commercial register or a corporate account. Receiving payments by bank card, Visa/MasterCard. Providing Egyptian payment options, for example, Vodafone Cash, Orange Money, Etisalat Cash, Fawry, Masari, Moqmin, and others.

Providing installment payment services based on the Valu platform and the Sohoola platform. Installments can also be made through local banks, Banque du Caire and Banque Misr. Compatibility with local banks in withdrawing funds, for example, Cairo Bank or the National Bank, with the ability to withdraw funds directly onto the Meeza card. Compatibility with online stores, for example, WooCommerce, OpenCart, Magento, Shopify.

It provides an excellent degree of security by relying on the 3D secure authentication feature in addition to two-factor authentication options to secure account data. It also holds a PCI-DSS certificate to secure financial transaction data, but users of the Paymob payment gateway face some challenges as follows: All financial transactions on Paymob are carried out in the local currency only, the “Egyptian pound,” and thus face problems of varying currency exchange rates. International payments cannot be received by Visa/MasterCard in individuals’ accounts. The minimum amount to withdraw funds is 5,000 Egyptian pounds, and this limit is relatively high compared to other Egyptian payment gateways.

Withdrawals are processed only once a week, and manual withdrawal options are not provided. As for the commission for financial transactions on the Paymob payment gateway, it is 2.75% + 3 EGP. m for each transaction, while providing customized plans for major projects and institutions, in addition to account establishment fees ranging from 1,000 - 2,000 Egyptian pounds, paid only once.

You can review the article explaining the use of the Egyptian Paymob payment gateway and linking it with WooCommerce step by step to learn about the Paymob payment gateway services in more detail. 2- Paysky - Paysky Payment Gateway is one of the best payment gateways in Egypt. Paysky Company is an Egyptian payment gateway supported by the Egyptian Post with the aim of facilitating financial transactions over the Internet and providing e-commerce solutions. It was established in 2017 AD in Egypt, and today it provides its services in Egypt, the Kingdom of Saudi Arabia, and the United Arab Emirates. The number of users of the Paysky payment gateway reaches more than 1.6 million customers, with more than 5.5 million transactions, with a total of more than 6 billion Egyptian pounds, and it offers a set of features that make it one of the best payment gateways in Egypt, the most important of which are the following: the ability to create an individual account without a commercial register, or a corporate account.

Receiving payments by bank card, Visa / MasterCard, from inside or outside Egypt, in both individual and corporate accounts, without restrictions. The ability to connect and withdraw money from local banks, in addition to the Yalla card directly from the Egyptian Post. The minimum amount to withdraw funds is 500 Egyptian pounds.

Compatibility with Woocommerce, Shopify online stores. It relies on PaySky 3D Secure 2.0 services to secure and protect customer data on the payment gateway. Users face some challenges while using the Paysky payment gateway, the most important of which are the following: Withdrawals are made automatically on Monday of every week, and it does not provide a manual withdrawal option.

An external payment gateway, that is, customers of your online store are transferred to an external page in order to complete the payment process, and then return again to the online store. All payment options are integrated into one tab, and they cannot be separated. Funds are always received in local currency, which may expose you to exchange rate issues.

The Woocommerce plugin is relatively weak in terms of customization and available options. As for the commission for financial transactions on the Paysky payment gateway, it varies according to the subscription plan, as it offers a basic plan at a cost of $49.99 and no commissions are calculated on financial transactions, and an advanced plan with a commission of 2.85% + 0.28 Egyptian pounds for each transaction, in addition to an account establishment fee of up to 1000 Egyptian pounds. You can read the Paysky payment gateway review in more detail from the Paysky payment gateway review article from the Egyptian Post | Explaining registration and linking with WooCommerce.

3- Fawaterk - The main interface for the Fawaterk payment gateway. Fawaterk provides most of the e-commerce and digital payment solutions. It was established in 2018 AD, and during that short period it became among the best payment gateways in Egypt and gained the trust of more than 5,000 Egyptian companies. Fawaterk has several features that make it the ideal alternative to previous Egyptian payment gateways, the most important of which are the following: the ability to create an individual account without a commercial register or corporate account. The ability to accept payments via Visa/MasterCard bank cards, at the expense of individuals and companies.

Accepting local payments via Meeza cards, e-wallets Vodafone Cash, Orange Pay, or Etisalat Cash, Fawry machines, Masari machines, and bank transfers from Cairo Bank, Banque Misr, or National Bank. The ability to collect money from your online store customers and deposit it directly into your account. The minimum amount to withdraw funds to the bank account is only 200 pounds, and this is an appropriate rate of capital turnover.

Provide complete reports on sales volume, customer information, store development rates, etc. An integrated invoice system that helps you issue invoices directly and send them to the customer via email or mobile phone. Providing an automated fraud monitoring system that helps you detect and prevent fraud attempts and data theft.

Compatibility with online stores, for example WooCommerce, Magento, Shopify. Users face some challenges while using the Fawaterk payment gateway, the most important of which are the following: withdrawals are made only once a week, and the manual withdrawal option is not available. An external payment gateway as well, forcing the customer to complete the payment on a page outside your online store.

Payment gateway customization options on the online store are relatively weak. Payments in foreign currencies cannot be accepted on individual accounts. As for the commission for financial transactions on the Fawaterk payment gateway, it is 2.75% + 2.99 EGP.

m per transaction, in addition to providing customized packages for major projects, and it does not impose any additional administrative fees or monthly subscription fees. 4- Kashier - the main interface for the Kashier payment gateway. Kashier offers all combined e-commerce solutions, starting with payment gateways, inventory management, customer management, and an integrated billing system, in addition to multiple solutions for receiving payments online, so it is considered one of the best payment gateways in Egypt. It is worth noting that Kashier is the main payment gateway for many major companies, for example Elaraby, the Orman Association, People’s Hospital, Crave, and others, and therefore because it offers a set of features, the most important of which is the following: the ability to create an individual account without a commercial register or a corporate account.

Receiving payments via Visa/MasterCard bank cards. Providing local payment methods, for example, Meeza card, electronic wallets, Vodafone Cash, Orange Pay, or others. Providing an installment payment system based on local banks, the National Bank or Banque Misr and several other banks, in addition to the Valu platform.

An integrated billing system on the Kashier payment gateway, which helps you issue invoices and send them directly to customers. An excellent reporting system for sales, customer purchases, etc., that helps you manage your online store's customers. Compatibility with online stores, for example WooCommerce, OpenCart, Magento, Shopify.

Automatically transfer funds to the bank account 3 days after a successful transaction. The Kashier payment gateway supports several currencies, namely Egyptian pounds, US dollars, British pounds, and the euro. Advanced security for customer data and financial transactions according to PCI DSS certification standards.

Users also face some challenges in using the Kashier payment gateway, the most important of which is the following: an external payment gateway as well, which forces the customer to complete the payment on a page outside your online store. Refunds for customers are up to 60 days, which is a high period that provides a poor user experience. As for the commission for financial transactions on the Kashier payment gateway, it is 2.75% + 3 Egyptian pounds per transaction, and no additional administrative fees or monthly subscription fees are imposed.

5- Easykash - The main interface of the Easykash payment gateway. The Easykash payment gateway provides all financial transactions, including electronic invoices, subscriptions, and accepting digital payments through electronic stores. It was established in 2017 AD with more than 7 years of experience, and the number of its users today reaches more than 5,000 customers with a total of transactions exceeding 200 million transactions. The Easykash payment gateway provides several features that make it one of the best payment gateways in Egypt, the most important of which are the following: accepting individuals’ accounts without a tax record and corporate accounts. Providing a mobile phone application through which you can follow all financial transactions, manage invoices, withdrawals, etc.

Accepting payments through several local payment options, for example Vodafone Cash, Etisalat Cash, Orange Pay, or branches and security machines, and Fawry, and through local banks, the National Bank and Banque Misr. Providing a system for accepting payments through the installment system, through the Valu platform or the Qastly platform, or direct installments with local banks. Preparing an integrated billing system that helps you issue invoices directly to your customers.

Compatibility with online stores, for example WooCommerce, Shopify. Users face some challenges while using the Easykash payment gateway, the most important of which are the following: Withdrawals are processed only once a week on Sunday, with a minimum of 500 pounds. You can request a withdrawal of funds after 7 full days have passed since the payment process, in addition to the previous point, this leads to slow capital turnover.

Withdrawals are made via bank transfer only, unlike previous payment gateways that accept withdrawals on Meeza cards, Yalla cards, Fawry cards, or others. It is also an external payment gateway, forcing the customer to complete the payment on a page outside of your online store. Relying on local agents for technical support, not an integrated technical support system, and technical support is not available throughout the week, and also from 10 am to 9 pm only.

The Easykash payment gateway provides several plans that suit different project sizes, starting with beginner projects with a 3.5% commission per transaction, small projects with a 2.5% commission per transaction, and major projects with a 2% commission per transaction, and there are no additional administrative fees for registration or monthly subscription fees. Conclusion: The best payment gateway in Egypt is determined based on the requirements of your online store and available resources, for example the availability of a commercial register or not, as well as accepting payments from within Egypt only or from outside and within Egypt, or the desire to keep transfer funds in the foreign currency sent or in the local Egyptian currency, and many other criteria. But in general, the Paymob payment gateway can be preferred for receiving local and international payments on your online store if you have a commercial register and are targeting a corporate account. However, if you are targeting an individual account, you can rely on the Paysky payment gateway because of the facilities it provides in activating individuals’ accounts with the least possible restrictions on the available payment options.