Why we’re excited about Shopify Payments
Shopify Payments provides Shopify merchants with a seamless, integrated, and secure payment processing system. Read on to learn more about what Shopify Payments is and the benefits it offers.
The e-commerce platform Shopify has gained enormous popularity all over the world. 175 nations are currently using Shopify and the popularity of the platform has grown massively since its launch in 2006.
Today, Shopify is one of the big players, alongside Salesforce, WooCommerce, Magento, and other platforms. Some of the benefits of Shopify are the platform’s flexibility, integrations, and user-friendliness for both users and business owners.
What is Shopify Payments?
Shopify Payments is a payment solution offered by Shopify, designed specifically for users of their e-commerce platform. It simplifies daily transactions by providing an in-house payment system, which offers significant cost advantages to business owners.
By leveraging Shopify Payments, there’s essentially no need to use external payment processors. Meaning you can avoid paying fees to third-party companies.
Shopify’s payment system offers seamless integration with your online store, ensuring a smooth and secure checkout process for your customers. It supports various payment methods, including major credit cards, digital wallets, and alternative payment options.
Shopify Payments is also easy to set up. All you need to do is activate it in your Shopify store.
What payment solutions are available in Shopify Payments?
Shopify Payments accept transactions through a variety of popular payment methods in their online store. This includes methods such as debit cards, credit cards, gift cards, Apple Pay, Amazon Pay, and even cryptocurrency.
Charges with Shopify Payments
One of the advantages of Shopify Payment is that you don’t have to pay third-party fees for transactions in your online store. Except for the payment processing fee, you don’t need to pay dual fees from both Shopify and external parties.
You can find detailed information about the costs associated with using Shopify Payments here.
Who can use Shopify Payments?
With some exceptions, the majority of Shopify stores now have access to the platform’s own payment option. However, if your business falls within certain markets such as gambling, e-cigarette sales, firearms, or explosives, you’re not eligible to use Shopify Payments.
The same applies if you operate a legal firm or provide services related to debt relief, investment, or refinancing through Shopify.
Where is Shopify Payments available?
Shopify Payments is accessible in several nations and regions, including:
- Europe (EU countries)
- Hong Kong
- New Zealand
- Great Britain
Alternatives to Shopify Payments
Certain Shopify stores currently are unable to use Shopify Payments. Nevertheless, they offer a diverse selection of alternative payment options that are recognized, flexible, and user-friendly.
Shopify offers a large selection of options, including popular choices such as Paypal, Nets, Stripe, and ePay. If you require assistance with upgrading your payment options within Shopify, our team of skilled developers at Journey Agency can help you.
Feel free to reach out to us if you need help integrating payment solutions into your Shopify store.
Is Shopify the best solution for me?
Are you considering opening an online store but unsure of the best platform to use? We highly recommend Shopify as our preferred e-commerce platform. It offers scalability, flexibility, and user-friendliness.
With a range of templates tailored to businesses of different sizes, Shopify caters to both small, newly established businesses as well as big, established businesses.