If in the past it used to be very convenient to use the pay on delivery system, nowadays, people are used to making all their payments online. Shopify stores are obviously no exceptions, so you may want the best payment getaway for Shopify.
But what makes a payment gateway the best? Well, there are a few factors you need to consider before making a choice.
- Transaction fees – one of the things you’re interested in the most are the transaction fees. Without a doubt, any merchant will want to pay as little as possible.
- Processing speed – a fast processing speed of the transactions offers a better customer experience, which helps a lot when it comes to customer retention and overall satisfaction.
- Accepted cards – depending on where you are in the world, you need to make sure the most popular types of credit cards are accepted.
- Worldwide availability – if your store is selling worldwide, you may want your payment gateway to be available in as many countries as possible.
Considering these factors, let’s take a look at the best payment gateways for your Shopify store.
Best Payment Gateways For Shopify
1. Shopify Payments (Stripe)
Stripe has become the new Shopify Payments and it’s one of the best you can choose. It’s available in some countries in Europe, Asia, and Australia, and they offer four packages dispending on the size of your store. Shopify Payments is set to come to the United States soon!
Unlike other payment gateways, Shopify Payments offer the possibility of adding discount codes, file storage, fraud analysis as well as free SSL certificates for the security of the transactions. Besides, some of their plans offer a 0% transaction fee, so it has all the chances of becoming your first and only option as a payment gateway.
Without a doubt, PayPal is one of the best payment gateways for Shopify. Besides the fact that it’s one of the oldest providers, it’s also the most versatile. Right now it’s available in over 200 countries and their transaction rates are quite small.
It’s also the easiest to set up in Shopify, as you can easily connect it to your PayPal Business account.
3. Amazon Pay
Another great payment gateway offering a very straightforward integration is Amazon Pay. This is especially helpful if your customers are already using it, greatly improving the overall user satisfaction, and of course, increasing the retention rates. They charge a set fee of 2.9% for domestic transactions and 3.9% for cross-border payments.
2Checkout is another very popular payment gateway you can easily integrate with Shopify and it’s available in more than 85 countries. Because it supports the most important types of credit cards, such as Visa, Mastercard, American Express, and many others, it’s a very popular choice. It can be used in unsupported countries by associating it with another payment gateway.
Skrill has become the official WooCommerce extension and it’s available for Shopify too! Being available in over 40 countries and having a 1.9% fee on every transaction, it’s a very good choice for any Shopify store!
Being one of the oldest payment gateways, and available in about 40 countries, Authorize.net offers one of the smallest transaction fees and integration with many eCommerce platforms. Because it’s one of the most trusted payment gateways, it’s one of the best you can choose for your Shopify store.
Without a doubt, it’s very important to have everything set up in your online store. You can do that by working with the best and safest platforms, and now you know what the best payment gateway for Shopify is! As always, you can always contact us if you encounter any problems and we’ll be more than happy to help!