![]() Merchants can integrate Amazon Pay onto their Shopify stores if they have an existing Amazon Professional Seller account. On top of this, the Amazon brand is highly trusted, giving buyers confidence when checking out on Shopify stores and websites of any size. With over 200 million users around, integrating Amazon Pay into your Shopify store allows a vast amount of customers to make purchases quickly and easily using their Amazon account details. It is worth noting however that in-person transactions require merchants teo purchase a card reader which Stripe can provide for £49 for the mobile card reader, or £179 for the touchscreen card reader, however there are no ongoing costs or complicated rates after this.Īmazon has been the king of ecommerce over the past decade. ![]() However, integrating Stripe is a great option for merchants in regions where Shopify Payments is not offered.īenefits to using the Stripe platform is that it is an easy-to-setup Shopify payment gateway which can be up and running in under a day, and the fact that in-person payment transactions are relatively cheap at 1.4% of the sale + £0.10 for European cards, or 2.9% + £0.10 for non-European cards, making it a best Shopify payment gateway option for merchants who deal with a lot of European customers, and/or want their store up quickly. Shopify Payments is actually powered by Stripe, and so is not available as a separate payment gateway for those countries where Shopify Payments is also available. It comes with a range of tools to help customize the checkout process, offering integration of up to 300+ tools. Stripe is a flexible Shopify payment gateway that gives merchants the ability to accept transactions both in-person and online. These charges can be avoided if the merchants have Shopify Payments also activated, so worth doing for improved margins of your online store. Merchants are charged transaction fees whenever a transaction is paid for using the PayPal service- these fees are 1.9% to 3.4% per sale, so these will need to be considered when calculating profit margins for your Shopify store. Since PayPal is one of Shopify’s default payment gateways, a PayPal Express Checkout account is given to merchants with the email they signed up for the Shopify store, meaning payments can be received for orders made through PayPal once this account is set up. Other advantages include the fact it accepts international payments, is mobile optimized, and allows merchants to be paid directly through their PayPal account. One of the main advantages of using PayPal as a payment gateway for Shopify is the support system that comes with it should customers or merchants come across any problems with transactions made through the platform. PayPal is simple and quick to set up, and has free and paid options for merchant accounts. PayPal is perhaps the most popular Shopify third-party payment gateway, with 311 billion transactions being made through the app in total by the end of Q2 2021. For merchants on the Basic plan, the card rate is 2.2% + £0.20, for the standard Shopify plan it is 1.9% + £0.20, or for the Advanced Shopify plan it is 1.6% + £0.20, with no other hidden costs. The card fees for transactions differ slightly depending on which Shopify plan the merchant is on. Once customers make payments, it can take up to 3 business days to reach the merchant. In addition to this, the platform offers card readers free of charge for merchants who want to integrate Point-of-Sale payments in-person, perfect for brick and mortar businesses. ![]() This is something which cannot be immediately accessed with third-party gateways which have to be viewed externally through their respective admin areas.įurther benefits of using Shopify Payments is that it comes with integrated risk tools which can help identify suspicious orders. ![]() Since Shopify payments is natively integrated within the Shopify platform, transactional data such as orders, payments and payouts can be viewed and managed within the Shopify admin panel. An added benefit of using Shopify payments is that it is automatically set up to accept some of the major payment providers. Shopify’s Payments is Shopify’s in-built payment gateway which eliminates the need and hassle for merchants to set up any third-party payment provider. ![]()
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