If you are a store owner on Shopify, you need to provide convenience to your customers in every field. We have put together for you 7 Shopify payment methodthat will enable your customers to pay easily.
1- SKRILL
If you have a business that operates mainly in Europe, Skrill is the most popular payment platform to apply. In addition to being the largest payment platform in Europe, it is also an accepted system in 40 countries.
One of the main reasons for its popularity is not only its low costs, but also the ability to make and receive payments safely and efficiently. It is widely used due to its affordable pricing, charging only 1.9% payment transfer fee.
2- STRIPE
Stripeis another popular payment platform that allows you to receive money from your local and international customers. Offering many features that support large-scale growth, stripe has made itself ideal for large eCommerce businesses.
Stripe has features that allow you to send invoices to customers and create recurring subscriptions. With Stripe, you can easily track your sales while keeping your costs to a minimum. You can also use the Stripe mobile app for all of this.
Stripecharges a flat fee of 2.9% + $0.30 per transaction. Large-scale e-commerce businesses can request a personalized quote from Stripe.
If you want to receive instant payments to your bank account, Stripe charges a 1% fee for this. If the payment comes from abroad, it charges you an extra 1%. Stripe is easy to set up.
Stripeuses a transparent and easy-to-understand flat-rate pricing system, and you don't have to pay any setup or cancellation fees. It supports a wide variety of payment options, currencies, and payment methods. Stripe also offers excellent customer service. The only downside is that it's only available to Shopify store owners in 39 countries.
3- Paypal
PayPalis a payment platform most preferred by Shopify users because it is quick and easy to set up. You can use their free service or create a paid Paypal account with more features. Online payment on Shopify When it comes to processing, PayPal is here to help you with an incredible support team.
You can activate PayPal with any Shopify package and enjoy its services for a transaction fee ranging from 1% to 3%. The most popular business version of PayPal is PayPal Payments Pro which makes it a professional level for an eCommerce development company.
It is among the best choices for merchants by offering reliable functions and mobile compatibility.
PayPalis a widely used payment platform that offers a variety of features that are useful for business people. A wide range of customization options, easy shopping cart integration, advanced mobile payment, payments from international customers, and online invoicing make payment processing easy.
4- AMAZON PAY
Amazon Payis undoubtedly one of the most popular Shopify Payments alternatives in the world. It can work through the internet browser, mobile app or Alexa voice command technology.
It is a revolutionary payment method that allows customers to pay with information stored in their Amazon accounts. Amazon Pay payment transaction is used by millions of customers worldwide. With Amazon Pay, you can enable one-click payments for your customers. This makes the payment process faster and easier for your customers. One of the cons is Geographical limitations. Amazon Pay is not available in every country, so if your business is located outside accepted countries you will need to look for an alternative. Another downside is the penalties and account closure issues. If you are found to have violated Amazon's terms of service, your account may be closed and you may face penalties.
5- SHOP PAY
Shop Payis a fast and reliable payment system launched by Shopify in 2017. It securely stores the payment information customers enter on a store's checkout page and then autofills it during a repeat purchase. This allows for faster purchases and eliminates the need to re-enter billing and other details.
Shop Paysaves payment details including; Credit card information such as e-mail address, customer's address information, billing information, card number, CVV code and expiration date.
Shop Pay is a system that not only saves time when making payments, but also helps sellers by changing their shipping methods, local delivery and pickup options. Additionally, merchants can use Shop Pay to accept payments on other channels such as Google, Facebook, and Instagram.
Shop Pay saves and encrypts payment information on its PCI-compliant servers. Customers only need to provide this information once and it pre-populates it for them on all future visits. Shop Pay enables one-click payment; This is a great way to encourage customers to return and buy more.
6- APPLE PAY
If you already use the following payment platforms, you can add Apple Payto your Shopify store for free; Shopify Payments, Stripe, FirstData, Payeezy, Authorize.net or CyberSource. However, you need to activate an SSL certificate on your store domain. But getting these requirements is as easy as going to the payments section of your store settings and enabling Apple Pay as a digital wallet. If you have a physical store other than the internet, you can use Apple Pay through the Shopify POS system.
One of the advantages of using the Apple Pay system is the high level of security that covers payments in detail. While payments through Shopify are already secure, Apple Pay uses a tokenization system that generates a specific code; This feature not only does not share customers' payment information with the seller, but also eliminates common causes of fraud by verifying each transaction with a fingerprint. Without an online wallet, paying for online purchases can be difficult and, depending on your screen size, nearly impossible. Something like the “Verified by Visa” screen can cancel a purchase because it is too complicated and details are often entered incorrectly.
Typing your home address, shipping address, and payment details can be frustrating and often difficult on a small mobile keyboard. With Apple Pay, all details are stored in the digital wallet; This is a simple payment method to allow customers to purchase without updating their details. In tests, using Apple Pay is 2min 8sec faster for mobile users compared to filling out billing and mailing addresses and entering payment information. For Mac, it is 1min 21sec faster than other desktop users. In both tests, the entire Apple Pay payment process took just 30 seconds.
7- OPAYO
Previously known as Sage Pay Opayo, formerly known as Sage Pay, is a popular payment option in regions in the US and UK. It is designed to work with Shopify and similar eCommerce platforms, and works effectively offline as well as online.
The platform takes an innovative approach by offering monthly fees for a certain number of transactions, rather than charging per transaction as in other eCommerce payment solutions.
The platform securely processes transactions through a high level of customer authentication. Opayo, online paymentis a trusted system with access to phone orders, POS terminals and card terminals.
One feature that makes it different from other systems in its class is the multitude of ways customers can pay through Opayo. It even accepts payments via PayPal.
Opayo is a powerful customer authentication platform available at an affordable price, starting from £25. Ideal for small businesses and even individual business owners.
