This article will answer the question of how to choose a payment service provider, as well as provide our practical advice on this matter. Highlights * PayPal and Stripe are dominant PSPs today, with PayPal holding 45% of the market share. * PayPal offers global coverage, while Stripe is popular for its credit card integration. * Choosing the right PSP requires considering such factors as fees, currencies, and recurring billing support. Choosing a PSP service provider can give heada