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Does Shopify Have Its Own Payment Processor?

Last updated on October 1, 2022 @ 5:11 pm

Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features.

One question that many potential Shopify users have is whether or not the platform has its own payment processor. The answer is yes, Shopify does have its own payment processor.

PRO TIP: Shopify does not have its own payment processor. This means that if you are using Shopify to sell products or services, you will need to use a third-party payment processor in order to accept payments.

There are a few things to be aware of when using a third-party payment processor with Shopify:

1. You will need to set up an account with the payment processor.

2. You will need to add the payment processor to your Shopify account.

3. The fees for using a third-party payment processor may be higher than if you were using Shopify’s own payment processing system.

4. You will need to make sure that the payment processor you are using is compatible with Shopify.

5. You will need to provide customer support for the payment processor you are using.

Shopify’s payment processor is called Shopify Payments. It is a service that allows businesses to accept credit card payments directly from their Shopify store.

There are no hidden fees or long-term contracts with Shopify Payments – businesses only pay 2.9% + $0.30 per transaction. In addition, Shopify Payments comes with fraud protection and 24/7 customer support.

Overall, having its own payment processor is a major advantage for Shopify. It makes the platform more user-friendly and increases the chances of businesses being successful with their online stores.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.