Shopify Payments

Shopify offers its own integrated payment gateway called Shopify Payments. It is a payment processing solution specifically designed for merchants using the Shopify platform to sell products or services online. Shopify Payments allows merchants to accept payments directly on their online stores without the need for third-party payment processors.

Key features of Shopify Payments include:

  1. Seamless integration: As a native payment gateway for Shopify, Shopify Payments is seamlessly integrated into the platform. This simplifies the setup process and allows for easy management of orders, inventory, and payments within the Shopify admin dashboard.
  2. Multiple payment options: Shopify Payments supports a variety of payment methods, including major credit and debit cards such as Visa, Mastercard, American Express, and Discover. It also offers alternative payment methods like Apple Pay and Google Pay.
  3. Competitive pricing: Shopify Payments offers competitive transaction rates for merchants, and there are no additional transaction fees on top of the standard Shopify subscription fees. However, the specific pricing may vary based on the merchant’s location.
  4. Fraud protection: Shopify Payments includes built-in fraud protection tools to help identify and prevent fraudulent transactions. It leverages machine learning algorithms and data analysis to detect potential fraudulent activities and minimize chargebacks.
  5. Payouts and settlements: With Shopify Payments, merchants can receive their payouts directly to their bank accounts on a regular basis. Payout schedules vary by country but typically take a few business days.

It’s important to note that Shopify Payments is available in select countries. If it is not available in your country or if you prefer to use an alternative payment gateway, Shopify also integrates with various third-party payment gateways, such as PayPal, Stripe, Authorize.Net, and many others. This provides flexibility for merchants to choose the payment gateway that best suits their needs.

Merchants can set up and configure their preferred payment gateway within the Shopify admin settings, making it easy to start accepting online payments from customers.

Should you in needs of a Shopify payment gateway , feel free to contact us today .