How to Choose the Right

Magento 2 Payment Gateway for Your Jewelry Store

Jewelry stores fall into a high-risk category because expensive items attract more chances of fraud and chargebacks. That’s why your Magento 2 payment gateway must offer strong security and provide reliable checkout experience.

Fraud and trust issues lead to lost revenue and damage the reputation of your brand. According to a 2025 Baymard Institute’s survey, 19% of U.S. consumers abandoned their online orders because they didn’t trust the site. Another 10% left because there weren’t enough payment methods.

Source: Statista

Fortunately, you can influence these two factors and decrease your store’s card abandonment rate by choosing the right payment gateways. However, the key question is how to find these best options.

Good news is that the Whidegroup team has solid experience with Magento payment integration, especially for jewelry stores, and also develops new payment extensions from scratch. In this guide, we’ve packed our best knowledge and practical tips from our developers to help you select the perfect payment options.

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Key Takeaways

• For high-value jewelry sales, security comes first, so you should choose gateways with PCI DSS compliance, encryption, tokenization, and strong fraud protection
• Offering multiple payment methods, such as debit and credit cards, digital wallets, Buy Now Pay Later, and local methods, helps reduce cart abandonment and increase conversions
• If you sell internationally, local payment methods are essential – even if they require custom Magento integration
• When selecting a Magento 2 payment gateway, compare not just transaction fees, but total costs that may include setup, monthly, cross-border, and chargeback fees
• Use gateways with ready-made Magento extensions whenever possible – they save time and minimize both integration and operational risks
• Test the checkout process using sandbox mode to evaluate user experience before committing to a payment gateway
• Merchant support is helpful, but customers trust matters more, that’s why it’s better to prefer well-known providers like PayPal – they increase customer confidence during checkout

Key Factors for Choosing a Magento 2 Payment Gateway

Global payment giants aren’t the only players worth your attention. The market now offers alternative, especially local, gateways with attractive terms. But how reliable are they? To be considered trustworthy, payment solutions should meet the following criteria.

Security

Security is the top priority when it comes to finance-related tools. While it matters for any online store, it’s especially critical for high-value products like jewelry. That’s why PCI DSS compliance, SSL encryption, tokenization, and fraud protection are must-haves when choosing Magento payment options. Here’s a short explanation of these terms:

• PCI DSS compliance: a set of security standards all businesses must follow to safely process, store, and transmit credit card data
• SSL encryption: protects data during transfer by converting it into unreadable code – useful during checkout
• Tokenization: replaces sensitive card data with a random token, so real details aren’t stored or exposed
• Fraud protection: tools and algorithms that detect and block suspicious transactions to prevent payment fraud

Payment methods supported

As mentioned earlier, 1 in 10 customers abandons a purchase because their preferred payment method isn’t available. That’s why your store should offer as many convenient options as possible. The main methods include:

• Credit/debit cards
• Digital wallets
• Buy Now Pay Later (BNPL) options
• Popular local methods (important for international stores)

Importance of local Magento payment processors

Recently, we collaborated with a client from Africa who runs a popular multi-vendor marketplace built on Magento. Despite powerful default Magento payment processing options, their users preferred local providers like Paystack and PayFast, which offer payment solutions tailored for businesses in Africa.

For both buyers and sellers considering participation in the marketplace, the availability of these payment methods was a key requirement. However, neither provider had an official Adobe Commerce-approved extension – only Magento modules hosted on GitHub.

Whidegroup developers tested these modules for security and other critical aspects, and resolved the bugs they identified. We then integrated the modules into the client’s marketplace in a way that ensured a seamless experience for all users: sellers, buyers, and the marketplace’s support and admin teams.

After integrating a local Magento 2 payment gateway, our marketplace confidently expanded its seller and shopper base, achieving a stable position in the African market.

If you sell internationally, your store has to support local payment methods and display the necessary ones at each country’s Store View. This makes shopping easier for your customers and expands your customers base.

Can’t find the right extension on the Adobe Marketplace? That’s not the end of the road. With the help of experienced developers, you can still get the Magento payment gateway integration your store needs.

Multi-currency support

If your jewelry store serves customers across different countries, your payment gateway must support multiple currencies and compliance with local financial regulations.

Keep in mind that each country may have specific legal or checkout requirements. For example, while creating a store view for Brazil for a global jewelry store, our team learned that Brazilian law requires additional fields at checkout – the customer’s phone number and CPF (Cadastro de Pessoas Físicas), a national identification number used for tax purposes.

Magento compatibility

Ideally, your chosen payment solution should be quick and easy to install. Therefore, when launching a new store, it’s best to go with popular options that have already been tested by hundreds of other Magento stores. These include:

• Built-in Magento options: PayPal, Braintree, and Payment Services by Adobe (we’ll cover them in more detail below)
• Third-party extensions available on the Adobe Commerce Marketplace: Stripe, Klarna, Affirm, Bolt, and many other trusted providers

Beyond compatibility and ease of integration, these solutions offer another major advantage – proven security. All extensions listed on the Adobe Marketplace (as well as built-in options) have passed a multi-stage review process. That means you can trust their safety and reliability.

What if you need Magento payment processors that aren’t available through Adobe’s official resources?

You might be surprised, but this happens even with well-known providers. For example, we worked with a German client back in 2022 to implement the Hyvä theme shortly after its release. At that time, there were no official Hyvä-compatible modules available.

That’s why we developed a custom integration from scratch connecting Hyvä React Checkout with PayPal, Amazon Pay, and Klarna.

The result? A seamless checkout experience, plus one more benefit for the store owner: no recurring fees to third-party payment gateway providers. The store connects directly to the merchant’s finance accounts.

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User experience

There are three main types of payment gateways, and each one impacts transaction speed, the number of checkout steps, customization options, and your store’s security responsibilities.

• 1. Hosted gateways (e.g., PayPal Standard): these redirect customers to the provider’s external platform to complete the transaction. PCI compliance is handled by the provider, which reduces your responsibility, but it also limits your control over branding and the overall user experience.
• 2. Self-hosted gateways (e.g., Authorize.Net): customers enter their payment details directly on your website, and the data is then sent to the payment provider. This setup gives you more control over the checkout design but requires you to handle PCI DSS compliance and data security.
• 3. API (non-hosted) gateways (e.g., Stripe, Adyen, Braintree): these offer maximum flexibility by allowing full integration via APIs. Payments are processed within your site, giving you complete control over the checkout experience and enabling advanced customizations. However, this approach demands more development effort and strong security infrastructure.

Also, don’t overlook mobile usability. Mobile purchases now account for more than half of all online sales. That’s why it’s strongly recommended to enable convenient mobile payment options like Apple Pay and Google Pay.

Fees and pricing structure

Payment gateway fees significantly impact your profit margins, especially with high-value transactions. The total price may include:

• Setup fees: one-time fees to get started
• Transaction fees: typically a percentage of the transaction value plus a fixed fee
• Monthly or annual fees: some gateways charge recurring fees regardless of transaction volume
• International charges: additional fees for cross-border transactions or currency conversion
• Chargeback costs: fees applied when a customer disputes a transaction; often high and particularly important to consider for expensive products

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Customer support

The support team should be able to help with technical issues, transaction disputes, and account management. Ideally, choose a provider that offers multiple support channels (phone, email, and chat) and has a solid reputation for resolving issues quickly. But there’s a catch.

The primary gateway should be a well-known international provider that your customers recognize and trust. So, should you abandon PayPal in favor of a lesser-known option just because it has better support? Not likely, most customers feel more comfortable sharing their payment data with familiar names like PayPal, so the answer is clear.

And what about solving technical issues? Your Magento development team plays a key role here. A reliable support partner will help you address payment gateway errors and much more. That’s why it’s important to choose your Magento maintenance provider carefully.

Magento Payment Gateway List for Jewelry Stores

Let’s start this section with a quick overview of the Magento 2 payment gateways that are best suited for the jewelry niche. We’ll look at each of them in more detail below.

Top Magento payment gateways for jewelry niche 2025

Payment Services by Adobe

Payment Services were developed by the Adobe team in collaboration with PayPal, so you can be confident in their security. As of May 2025, the service is available out of the box for Adobe Commerce and Magento Open Source versions 2.4.7 and later.

Whidegroup developers have already set it up for a client running an international jewelry store. We can confidently say it’s an excellent update that saves merchants money and time. So, if you’re launching a new Magento store, we highly recommend starting with this gateway. Here’s why:

• 1. Multiple supported payment methods for customer convenience:

• Global, trusted e-wallet: PayPal
• Mobile payment options: Apple Pay and Google Pay
• BNPL option: PayPal Pay Later
• Direct credit/debit card payments

• 2. Quick and relatively easy setup, especially for Apple Pay and Google Pay – which previously caused headaches for Magento developers.
• 3. Customization options that allow you to control button appearance and placement (mini cart, express checkout, full checkout). Even better, you can configure different settings for different store views – including available payment methods, styling, and placement – all via the admin panel. Developer involvement is minimal unless you need highly custom visuals.

Are there any drawbacks of Payment Services? A few:

• 1. The full range of payment methods is only available to PayPal account holders in the United States, Canada, Australia, France, and the United Kingdom. Apple Pay and Google Pay are not supported outside these regions.
• 2. Adobe does not publicly disclose exact fees. Their official statement is: “We offer competitive and transparent pricing to work with your ecommerce business needs.” So while you can’t compare prices directly, we haven’t heard complaints from our clients, which suggests the fees are likely in line with industry trends.

Klarna

Klarna is a Swedish fintech company that has become a dominant force in the BNPL industry. It offers various flexible payment options to customers (pay in 4 parts, pay in 30 days, etc.), allowing them to complete purchases while the merchant gets paid upfront. It serves around 90 million active users across 26 countries.

Security:

• PCI DSS compliant and subject to PSD2 (Revised Payment Services Directive) that modernizes security standards for electronic payments across the EU and EEA
• AES-256 encryption, tokenization, two-factor authentication, and 3D Secure/SCA in line with EU standards
• Ongoing security audits and fraud detection systems powered by machine learning

Fees:

• Transaction fee: 5.99% + $0.30 per transaction
• Cross-border fees: yes, but exact rates are not publicly disclosed
• Chargeback fee: not specified
• Setup, monthly, or recurring fees: none
• Custom pricing: available for high-volume merchants

Adobe Payment Services and Klarna make a strong combination for selling in Europe, particularly in Scandinavian countries. Klarna is the region’s preferred choice for installment payments, often outperforming standard Pay Later options, while Adobe covers a wide range of other payment methods.

If Adobe Payment Services isn’t suitable for you for some reason, we suggest considering the following Magento 2 payment gateways.

Braintree

Braintree is a PayPal-owned payment gateway founded in 2007. It supports merchants in 45+ countries processing transactions in over 130 currencies.

Security:

• PCI DSS Level 1 compliance
• Advanced fraud protection tools (e.g., 3D Secure 2 and Kount), encryption, tokenization, and customizable risk filters

Supported payment methods:

• Credit and debit cards: Visa, Mastercard, AmEx, Discover, JCB, Diners Club
• Digital wallets: PayPal, Venmo (US only), Apple Pay, Google Pay
• BNPL: Klarna, PayPal Pay Later
• Bank transfers: ACH (US), SEPA, UnionPay
• Local methods: Bancontact, BLIK, EPS, Giropay, iDEAL, MyBank, Przelewy24, and more

Fees:

• Transaction fee: 2.89% + $0.29 per transaction
• ACH direct debit: 0.75% per transaction, $5 fee cap
• Cross-border fees: +1% per transaction, plus extra 1% for non‑US-issued cards
• Chargeback fee: $15.00 each
• Setup, monthly, or recurring fees: none for standard services
• Custom pricing: available for high-volume merchants

Authorize.Net

Authorize.Net is a US-based payment gateway with a well-established reputation founded in 1996 and now a subsidiary of Visa Inc. It’s primarily used by small and medium businesses to accept payments online, in-store, and via mobile or phone channels.

Security:

• • PCI DSS Level 1 compliance

• Advanced Fraud Detection Suite (AFDS)

Supported payment methods:

• Credit and debit cards: Visa, Mastercard, AmEx, Discover, JCB
• Digital wallets: PayPal, Apple Pay
• Bank transfers: ACH

Fees:

• Transaction fee: 2.9% + $0.30 per transaction
• ACH direct debit: 0.75% per transaction
• Cross-border fees: not disclosed
• Chargeback fee: not disclosed
• Setup, monthly, or recurring fees: $25 per month
• Custom pricing: available for businesses that process more than $500,000 per year

Adyen

Adyen, founded in 2006 in Amsterdam, is a global payments platform that serves as acquirer, processor, and gateway in a single integrated solution. It supports in-person, online, and mobile payments, partnering directly with major card networks to optimize approval rates.

Security:

• PCI DSS Level 1 compliance
• GDPR compliance in Europe
• RevenueProtect: a built‑in fraud detection suite, applies real-time risk scoring based on machine learning and custom rule settings

Supported payment methods:

• Credit and debit cards: Visa, Mastercard, AmEx, Discover, JCB, UnionPay, Diners, and more
• Digital wallets: PayPal, Apple Pay, Google Pay, Alipay, WeChat Pay
• BNPL: Klarna, Riverty (AfterPay), Affirm, and more
• Bank transfers: ACH (US), SEPA (Europe), and various local online banking methods (e.g., iDEAL, Sofort, Trustly)
• Other local methods: a vast range of country-specific payment options, including QR code wallets, prepaid cards, and more

Fees:

• Transaction fee: depends on payment method, typically $0.13 + 3–5% per transaction
• ACH direct debit: 0.13% + $0.27 per transaction
• Cross-border fees: none
• Chargeback fee: none (except ACH, AfterPay, and Klarna)
• Setup, monthly, or recurring fees: none
• Custom pricing: available via custom agreements

Mollie

Mollie, founded in the Netherlands in 2004, is a leading European payment service provider. It offers fast onboarding, an intuitive API, and comprehensive support for major payment methods.

Security:

• PCI DSS Level 1 compliance
• Supervised by the Dutch Central Bank, ensuring compliance with European banking regulations and guidelines on internet payment security
• Data encryption and 3D Secure authentication
• Fraud detection

Supported payment methods:

• Credit and debit cards: Visa, Mastercard, AmEx, Cartes Bancaires
• Digital wallets: PayPal, Apple Pay, Google Pay
• BNPL: Klarna, Billie, Riverty (AfterPay)
• Bank transfers: SEPA
• Local European methods: iDEAL (Netherlands), Bancontact (Belgium), Belfius Pay Button (Belgium), EPS (Austria), Giropay (Germany), MyBank (Italy), Przelewy24 (Poland), and more

Fees:

• Transaction fee: depends on payment method, typically €0.25–0.35 + 1–5% per transaction
• Cross-border fees: not disclosed
• Chargeback fee: not disclosed
• Setup, monthly, or recurring fees: none
• Custom pricing: available for businesses that process more than €100,000 per month

Square

Square, launched in 2009 by Block, Inc., is a good option for small businesses. Trusted by over 4 million sellers, it serves both online and in-person retail businesses across the U.S., Canada, UK, Australia, Ireland, France, and Japan.

Security:

• PCI DSS Level 1 compliance
• Encryption and tokenization
• Proactive fraud protection

Supported payment methods:

• Credit and debit cards: Visa, Mastercard, AmEx, Discover
• Digital wallets: Apple Pay, Google Pay
• BNPL: Riverty (AfterPay)
• Bank transfers: ACH

Fees:

• Standard transaction fee: 2.9% + $0.30 per transaction (3.3% + $0.30 for a free plan)
• ACH: 1% per transaction, $1 min, $10 fee cap
• AfterPay: 6% + $0.30 per transaction
• Cross-border fees: not disclosed
• Chargeback fee: none
• Setup, monthly, or recurring fees: 0, $49 or $149 per month, depending on a plan
• Custom pricing: available for businesses that process more than $250,000 per year

Step-by-Step Guide: How to Choose the Right Magento 2 Payment Options

Based on everything discussed above, here’s a step-by-step breakdown to help you choose the right payment gateways.

Step 1. Assess needs of your store

Start by identifying your store’s specific requirements:

• Estimate your average monthly transaction volume. This helps you compare fee structures across different payment gateway providers and calculate your expected costs.
• Determine where your customers are located. Are you selling primarily to local buyers, or do you have a significant international audience?
• Research which payment methods are most popular among your target customers and regions. One quick way to do this is by analyzing payment options offered by other online stores that successfully sell in the same market.

Step 2. Prioritize security

Security is non-negotiable for a jewelry business and must be your top priority. Therefore, features like PCI DSS compliance (and GDPR compliance for EU selling), encryption, tokenization, and fraud protection are all must-haves.

If you’re choosing from well-known, reputable payment providers like Braintree, Mollie, and others, you generally don’t need to worry about meeting security standards. Instead, you can focus on comparing fees, features, and user experience.

However, if you’re considering a lesser-known local provider, especially one that doesn’t have an official extension on the Adobe Commerce Marketplace, do your due diligence. Review their documentation, ask for compliance certifications, and, if needed, consult developers to validate the security of their Magento integration.

Step 3. Evaluate integration options

Make sure the payment gateway is compatible with the Magento platform.

The best option is to use an official extension provided by the gateway itself (e.g., Klarna by Klarna, PayPal by PayPal) or a well-maintained third-party module from a trusted Magento payment gateway development company (e.g., Authorize.net CIM by MageDelight).

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Step 4. Compare pricing

Don’t focus only on the headline transaction fee but look at the full picture. Analyze all potential costs, including:

• Setup fees (one-time start-up costs)
• Transaction fees (percentage + fixed amount per payment)
• Monthly or annual platform fees
• Cross-border and currency conversion charges
• Chargeback and refund processing fees
• Optional add-ons like advanced fraud tools, reporting features, or custom support tiers

It’s also a good idea to speak directly with a company representative to clarify any hidden fees or charges tied to specific features or situations.

Finally, use the average monthly transaction volume you estimated in Step 1 to compare providers based on real projected costs. This way, you can balance affordability with features and security.

Step 5. Test user experience

Put yourself in your customer’s shoes.

Most major payment providers offer a sandbox mode – a testing environment where you can simulate transactions without using real money. Use it to:

• Perform test purchases and assess the checkout flow
• Check responsiveness and ease of use on both desktop and mobile devices
• Check if the payment page can be customized to match your store’s branding

Step 6. Consider support

As we mentioned earlier, customer convenience should be a priority. Most shoppers will trust familiar names like PayPal or Klarna over alternatives, even if those alternatives offer faster issue resolution for you.

That said, when you do have a choice, take time to research the provider’s support reputation. Look for:

• 24/7 availability
• Multiple contact channels
• Positive reviews about response time and effectiveness

Step 7. Plan for growth

Based on our experience at Whidegroup, most payment gateways do not limit the number of transactions you can process. That’s why, as your business scales, existing gateway setups usually don’t need changes. Instead, focus on expanding the range of payment options to meet new customer preferences or international demands.

Just note: as sales increase, your store can experience high traffic spikes. This means your server infrastructure and Magento performance optimization may need attention – but that’s a separate issue.

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Final Thoughts

When choosing a Magento 2 payment gateway, prioritize providers that support all or at least most of the payment methods your customers prefer. Fortunately, most trusted modern gateways offer a wide range of options, making it easy to find a combination that fits your business.

At Whidegroup, we recommend starting with Adobe’s built-in Payment Services. It’s one of the most straightforward and reliable ways to begin accepting payments in a Magento store. Pairing it with a BNPL option like Klarna creates a powerful bundle that meets the needs of most small and medium-sized businesses.

As your business grows and expands into new markets, the rule is simple: more options = more conversions. Focus on what your target audience expects and what your budget allows.

Not sure where to start or stuck with payment gateway integration? Get in touch for a free consultation – we’ll help you choose and implement the solution that’s the perfect fit for your online store.

FAQs

What is the best payment gateway for a Magento jewelry store?

It depends on your target markets and preferred payment methods of your customers. Many Magento jewelry stores use Adobe Payment Services, Braintree, or Klarna for their flexibility, fraud protection, and smooth Magento integration.

How do I integrate a Magento payment gateway into my store?

You can use official Magento extensions from providers. For custom or local gateways, it’s best to work with a Magento development company to ensure secure and seamless integration.

Are there Magento 2 payment gateways with no transaction fees?

Most gateways charge a fee per transaction. However, it’s possible to avoid third-party fees by developing a direct connection with your merchant bank – though this requires a higher upfront investment and technical expertise.

How can I reduce chargebacks for high-value jewelry sales?

To reduce chargebacks, implement robust fraud protection tools (AVS, CVV, geolocation), ensure clear product descriptions and images, provide excellent customer service, use tracked and insured shipping, and maintain clear refund/return policies.

Is Klarna better than PayPal for jewelry stores?

Klarna is ideal for European customers looking for flexible installment options. PayPal offers broad trust and global reach. Many stores use both to increase conversion rates.

What if the payment gateway I need doesn’t have a Magento extension?

You can integrate it by working with experienced Magento developers who can build a secure custom module.