xsolla payment methods for developers and businesses

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XSolla payment methods offer a wide range of options for developers and businesses to monetize their games and other digital products.

XSolla supports over 200 payment methods, including popular options like PayPal, Apple Pay, and Google Pay.

With XSolla, developers can easily integrate multiple payment methods into their platforms, increasing conversion rates and revenue.

XSolla's payment methods cater to various regions and currencies, ensuring that businesses can reach a global audience.

The company's flexible payment solutions also accommodate different business models, such as subscription-based services and in-game purchases.

Curious to learn more? Check out: E S a Payments

Payment Methods

Xsolla offers a wide array of payment methods globally, including credit cards, digital wallets, crypto payment, mobile carrier billing, and industry-specific methods like gift cards.

You can configure your payment methods in the Admin Portal by going to Payment Configurations Details and scrolling down to the Payment Methods panel.

To add a new payment method, simply choose your payment method and input the required information.

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Credit: youtube.com, Xsolla Payments: What’s New in Payment Methods

Xsolla's Pay Station supports over 700 payment methods globally, making it a reliable option for businesses.

Here are some of the payment methods supported by Xsolla:

  • Credit cards
  • Digital wallets
  • Crypto payment
  • Mobile carrier billing
  • Gift cards
  • SkinsCash
  • Multi Game Card
  • Others

Stripe also supports a wide range of payment methods, including credit and debit cards, wallets, bank transfers, and alternative payment methods like BNPL and regional payment methods.

You can test your payment configuration by clicking the Test button after completing the payment method setup.

Xsolla's Alipay Payment is a direct integration with Alipay+, expanding its coverage of digital wallets and providing a streamlined e-payment experience in the SEA market.

This integration allows for customer-targeted marketing promotions and personalized marketing efforts by allowing automatic customization down to the unique user ID.

With Xsolla's NFT Checkout process, game studios can add NFTs into their titles quickly and securely, handling the purchase and distribution process via Fiat currencies.

Check this out: Xsolla

Features and Comparison

XSolla offers a range of payment methods, including credit and debit cards, as well as alternative payment methods like PayPal and Apple Pay.

XSolla supports over 200 payment systems, including popular options like Visa, Mastercard, and American Express.

Their platform also accepts cryptocurrencies like Bitcoin and Ethereum, expanding the reach to a global audience.

Suggestion: Xsolla Revenue

Versus Stripe

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Stripe is a popular payment gateway, but how does it stack up against other options? Square Online Checkout is a great alternative, offering a similar seamless payment experience for customers.

Stripe's fees are 2.9% + 30¢ per transaction, but Square Online Checkout charges 2.9% + 30¢ per transaction as well.

One key difference is that Stripe offers advanced features like subscription management and recurring payments, while Square Online Checkout is more geared towards one-time transactions.

Additional reading: Stripe for Online Payments

Stripe vs Integration

Stripe and Xsolla offer different approaches to integration. Xsolla provides Software Development Kits (SDKs) for popular game engines like Unity and Unreal Engine.

If you're using Xsolla's Website Builder, payment processing comes built-in via Xsolla Pay Station. This means you can easily integrate payment processing without needing to set up a separate system.

You can use Xsolla's APIs or SDKs to integrate Xsolla services directly into your game.

Consider reading: Is Xsolla Safe

Unique Features

Xsolla offers a Site Builder that allows developers to quickly create custom-branded landing pages and websites to showcase and sell their games directly to players.

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Xsolla's Rewards system enables developers to incentivize players with in-game rewards, enhancing user engagement and retention.

Xsolla's In-game Services tools manage in-game item sales and microtransactions, making it easy for developers to create and monetize virtual goods.

Stripe offers support for multiple advanced features like Buy Now, Pay Later (BNPL) in multiple markets, which can be useful for game developers looking to offer flexible payment options.

Stripe's flexible API and SDK integration allow for seamless integration with various e-commerce platforms, including Shopify and WooCommerce.

Xsolla supports over 130 currencies and interfaces in 20 languages, making it a solid partner for gaming companies with an international audience.

Stripe supports over 135 currencies, allowing for seamless international transactions.

Xsolla offers subscription management and recurring billing for game developers, making it easy to monetize subscription-based content.

Stripe's subscription management system is flexible and integrates well with other features, making it useful for various recurring revenue models.

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Setup and Fees

Xsolla has no setup fee, which is a big plus for new businesses. This means you can start using their services right away without any upfront costs.

Credit: youtube.com, How to set up your Xsolla Money Account

For each transaction, Xsolla charges a flat 5% fee, plus the cost of the channel. Unfortunately, the cost of the channel is publicly unavailable, but some reviews suggest that the total costs can add up to 7-10%, including their MoR services.

Here's a comparison of Xsolla's fees with Stripe's:

Configure Methods

To configure payment methods, first navigate to the Payment Configurations Details in the Admin Portal.

You'll then scroll down to the Payment Methods panel, where you can choose the payment method you want to support and input the required information.

To test the payment configuration, click the Test button once you've completed the payment method setup.

Here's a step-by-step guide to configure payment methods:

  1. In the Payment Methods section, choose your payment method.
  2. Input the required information.

This will help you ensure that your payment configuration is working correctly before you start processing payments.

Setup Fees

Setup fees can be a significant cost for businesses, especially when setting up payment systems. Both Xsolla and Stripe have no setup fee, which is a relief for new businesses looking to get started quickly.

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Credit: pexels.com, Young African American woman with braided hair making an online payment using laptop and credit card.

Xsolla's fees are relatively straightforward, with a flat 5% fee for each transaction. However, the cost of the channel is not publicly available, which can make it difficult to estimate total costs.

Stripe's fees are a bit more complex, with different rates for UK, EU, and international cards. For UK cards, the fee is 1.5% + £0.20, while EU cards are charged 2.5% + £0.20, and international cards are charged 3.25% + £0.20.

Alternative payment methods on Stripe can have fees ranging from 0.5% to over 6%, depending on the method. It's essential to check the provider's website for the most up-to-date pricing breakdown.

Here's a quick comparison of the setup fees for Xsolla and Stripe:

Settlement Times

Settlement Times play a crucial role in managing your finances. Generally, Xsolla doesn't offer early payouts to avoid payout delays for partners, which is standard industry practice.

For UK merchants, Stripe offers daily, weekly, monthly, or manual payout schedules. The standard payout speed is "T+3" business days, meaning funds are paid out three business days after capture.

Funds for Xsolla contracts may take a little longer to process, but the initial payout may take 7-14 days, depending on the risk level.

A different take: Standard Bank Payment

Create Tax Setup

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To set up tax in your game and publishing platform, you'll need to create a tax configuration. This involves selecting the Single Namespace option and choosing the game namespace from the dropdown menu.

You can choose to apply the tax configuration to a specific region, currently limited to the US for online purchases. Select the Region from the dropdown menu accordingly.

Next, select the Payment Aggregator you're using from the dropdown menu. This will determine how tax is applied to online purchases made in your game.

If you're using a specific payment method, select it from the dropdown menu. This field is optional, but it can help streamline the tax calculation process.

To enable TaxJar integration, select the TaxJar Integration option. Your TaxJar account will automatically fill in the Production and Sandbox API Token fields based on your global configuration.

You can choose to use the global Sandbox API Token or enter your own Production API Token from your TaxJar account.

Integration and Support

Credit: youtube.com, Grow Your Game in Japan with New Payment Methods

Xsolla provides Software Development Kits (SDKs) for popular game engines like Unity and Unreal Engine.

These SDKs make it easy to integrate Xsolla services directly into your game, streamlining the payment process for your players.

You can also use Xsolla's APIs to make API calls and integrate their services into your game.

Xsolla Website Builder comes with built-in payment processing via Xsolla Pay Station, making it a convenient option for some developers.

This built-in payment processing eliminates the need for additional setup or configuration, saving you time and effort.

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Metadata History

In the Admin Portal, you can view detailed payment metadata history.

To access this feature, go to Commerce > Sales > Payment Metadata. Here, you can see a list of all the payment metadata history in your game namespace.

To view the details of a specific payment, click View in the Action column of your selected metadata. This will bring up the Metadata List.

The Metadata List shows the selected metadata's detailed information.

Bertha Hoeger

Junior Writer

Bertha Hoeger is a versatile writer with a keen interest in financial institutions and community development. Her work primarily focuses on banking and microfinance sectors, providing insightful analyses of various Indian financial entities and organizations. She has covered a range of topics, from banks based in Maharashtra and those established in 2019 to private sector banks and microfinance companies.

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