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Is It Best to Use Shopify Payments?

Last updated on January 8, 2023 @ 1:07 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 of the key features of Shopify is its payment processing system, Shopify Payments.

Shopify Payments is a payment gateway that allows businesses to accept credit card payments directly from their Shopify store. There are no setup fees or monthly fees associated with using Shopify Payments – businesses only pay when they make a sale. This makes it an attractive option for small businesses that are just starting out and don’t want to incur the additional costs associated with other payment processing options.

Another advantage of using Shopify Payments is that it streamlines the checkout process for customers. Customers can stay on your website during the entire checkout process, which can help increase conversion rates. Additionally, Shopify Payments is integrated with other Shopify features so that businesses can take advantage of features like automatic tax calculation and abandoned cart recovery.

PRO TIP: Shopify Payments is a great way to accept payments online, but there are some things to be aware of before using it. First, Shopify Payments is only available to Shopify merchants in the United States, Canada, Australia, and New Zealand. Second, Shopify Payments has a 2.9% + $0.30 transaction fee for credit and debit card transactions.

So, is it best to use Shopify Payments?

For businesses that are just starting out, Shopify Payments is a great option because there are no setup or monthly fees. Additionally, the streamlined checkout process can help increase conversion rates. For businesses that are already using Shopify, using Shopify Payments can help take advantage of other features like automatic tax calculation and abandoned cart recovery.

To conclude

Yes, it is best to use Shopify Payments because there are no setup or monthly fees.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.