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Any online store is incomplete without seamless online transaction features. If you are running a Shopify store, you need to understand why you must add payment gateways to your e-store.

 

In the Shopify store, adding Shopify Payment Gateways can allow you to accept payments with complete security. But there are so many options in the market, and selecting the best is a big hassle for business owners. 

 

But after reading this blog, you will know your options for your Shopify Store. What is the right Shopify payment gateway for you? But before digging into the options, let’s know why selecting the suitable payment gateways matter for you. 

 

The Importance of Choosing The Right Shopify Payment Gateways

 

Selecting the right payment gateway is a critical decision for online businesses. Here are some key reasons, why you need to focus on choosing the right payment gateway for your business:

 

#1: Security

 

Security is paramount when it comes to online payments. A robust payment gateway employs advanced encryption and security measures to protect sensitive customer data, such as credit card details and personal information. By choosing a reputable payment gateway provider, businesses can ensure their customers’ highest level of security, minimizing the risk of data breaches and fraudulent activities.

 

#2: Customer Trust

 

Trust is the foundation of any successful online business. When customers visit an online store, they need to feel confident that their payment details are safe and that their transactions will be processed securely. By using a trusted payment gateway, businesses can build trust with their customers, reassuring them that their financial information is being handled with the utmost care.

 

#3: User-Experience

 

The payment process plays a significant role in the overall user-experience of an online store. A seamless and user-friendly payment gateway can enhance the customer’s shopping experience by offering various payment options, quick transaction processing, and easy navigation. On the other hand, a clunky or complicated payment gateway can lead to cart abandonment and loss of potential sales.

 

#4: International Reach

 

With the rise of global eCommerce, businesses can expand their customer base beyond borders. However, this expansion comes with the challenge of accepting payments from different countries and currencies. Choosing a payment gateway that supports international transactions and offers multi-currency processing can open doors to new markets and revenue streams.

 

#5: Integration and Scalability

 

A practical payment gateway should seamlessly integrate with the existing infrastructure of an online business, including the eCommerce platform and other third-party tools. It should be scalable to accommodate the growth of the business without causing disruptions or hindering performance. By selecting a payment gateway that offers easy integration and scalability, businesses can streamline their operations and adapt to evolving customer needs.

 

After analyzing these primary factors, we hope you understand the importance of choosing the right Shopify Payment Gateways for your online store. Now let’s see how many options you have. 

 

Ultimate List of Top Shopify Payment Gateways Options

 

In your Shopify store, you have two primary options: either you can add Shopify’s built-in Payment Gateways or take third Party Payment Gateways solutions. Below we have discussed both types of Shopify Payment Gateways options so that you can pick the best suitable option for your brand. 

 

#1: Shopify’s Built-in Payment Gateways

 

As a popular eCommerce platform, Shopify offers a range of built-in payment gateways that merchants can choose from. Here are the top 8 payment gateways that are integrated with Shopify:

 

#1.1: Shopify Payments

 

This is Shopify’s own payment gateway, which provides a seamless and straightforward payment solution for merchants. It supports various payment methods, including major credit cards, Apple Pay, and Google Pay. Shopify Payments eliminates the need for third-party payment processors and offers competitive transaction fees for Shopify merchants.

 

#1.2: PayPal

 

PayPal is a widely recognized and trusted payment gateway that enables customers to make payments using their PayPal account or credit/debit cards. It supports international transactions and offers buyer protection and fraud prevention measures.

 

#1.3: Stripe

 

Stripe is a versatile payment gateway that allows businesses to accept payments from customers worldwide. It supports various payment methods, including credit cards, digital wallets, and local payment methods. Stripe offers customizable checkout options and provides advanced fraud detection tools.

 

#1.4: Authorize.Net

 

Authorize.Net is a well-established payment gateway that offers secure payment processing for online businesses. It supports credit card payments and provides features like recurring billing, fraud detection, and customer data management.

 

#1.5: Amazon Pay

 

Amazon Pay enables customers to use their Amazon account information to purchase in Shopify stores. It offers a seamless checkout experience and utilizes Amazon’s advanced fraud detection capabilities.

 

#1.6: WorldPay

 

WorldPay is a leading payment gateway that supports various payment methods, including credit cards, digital wallets, and alternative payment options. It offers features like fraud protection, reporting tools, and recurring billing.

 

#1.7: PayU

 

PayU is a payment gateway that specializes in serving businesses in emerging markets. It supports local payment methods and currencies, making it easier for merchants to cater to customers in specific regions.

 

#1.8: PayFast

 

PayFast is a popular payment gateway in South Africa that provides secure and convenient payment processing. It supports various payment methods, including credit cards, Instant EFT, and mobile payments.

 

These are just a selection of the built-in payment gateways available on the Shopify platform. You can choose the most suitable gateway based on your needs, target audience, and geographical location. Additionally, you can contact Shopify Development Company if you want to talk to an expert. They will thoroughly guide you about what you get with these payment options. Apart from these, you can also try some third Party Shopify Payment Gateways.

 

#2: Third-Party Shopify Payment Gateways

 

While Shopify provides built-in payment gateways, it also offers the flexibility to integrate with third-party payment gateways. Here are the top 10 third-party payment gateways commonly used with Shopify:

 

#2.1: Braintree

 

Braintree, owned by PayPal, offers a robust payment gateway that supports various payment methods, including credit cards, PayPal, Apple Pay, Google Pay, and more. It provides advanced fraud protection and customizable checkout experiences.

 

#2.2: Adyen

 

Adyen is a global payment gateway that enables merchants to accept payments in different countries and currencies. It supports popular payment methods, features recurring payments, fraud detection, and detailed reporting.

 

#2.3: Square

 

Square is a popular payment gateway offering various solutions, including in-person payments, online payments, and mobile payments. It provides a unified payment experience across different channels and offers inventory management and sales analytics features.

 

#2.4: Stripe

 

As mentioned earlier, Stripe is a versatile payment gateway that seamlessly integrates with Shopify. It supports various payment methods, offers advanced features, and provides developer-friendly APIs for customization.

 

#2.5: Payoneer

 

Payoneer is a global payment gateway that allows businesses to receive payments from international customers in different currencies. It offers multiple payment methods, including bank transfers, e-wallets, and prepaid cards.

 

#2.6: Klarna

 

Klarna provides flexible payment options like buy now, pay later and installment plans. It can help improve conversion rates and customer satisfaction by offering more flexible payment terms.

 

#2.7: 2Checkout (Verifone)

 

2Checkout, now part of Verifone, supports multiple payment methods and currencies. It provides a user-friendly interface, fraud protection, and recurring billing options.

 

#2.8: BlueSnap

 

BlueSnap is a global payment gateway that supports over 100 payment types and 100 currencies. It offers smart subscriptions, dynamic payment routing, and built-in fraud prevention.

 

#2.9: Razorpay

 

Razorpay is a popular payment gateway in India that supports online payments and recurring billing. It offers multiple payment methods, including credit cards, UPI, and digital wallets, and provides features like instant refunds and intelligent routing.

 

#2.10: Paytm

 

Paytm is a leading payment gateway in India that supports various payment methods, including debit cards, credit cards, UPI, and digital wallets. It offers features like seamless checkout experiences and fraud protection.

 

These third-party payment gateways provide additional options and functionalities for merchants using Shopify, allowing them to customize their payment processes based on their specific requirements and target audience. You can choose the most suitable third-party gateway based on factors like supported countries, currencies, payment methods, and integration ease. To know better, let’s discuss significant factors you must consider while choosing Shopify Payment Gateways. 

 

Factors to Consider Before Choosing Shopify Payment Gateways

 

When choosing a payment gateway for your business, it’s essential to consider several factors to ensure you make the right decision. Here are five key factors to consider:

 

#1: Transaction Fees

 

Payment gateways typically charge fees for their services, including transaction, setup, monthly, and chargeback fees. Carefully review the pricing structure of different payment gateway providers and consider your business volume and projected growth. Compare the fees and choose a provider that offers competitive rates and transparent pricing without hidden charges.

 

#2: Supported Countries and Currencies

 

Supported Countries and Currencies refer to the geographical coverage and the range of currencies a payment gateway can handle. When considering this factor about Shopify payment gateways, it means assessing whether the payment gateway supports transactions in the countries where your business operates or plans to expand, as well as the currencies you want to accept. 

 

By choosing a Shopify payment gateway that supports the countries and currencies relevant to your business, you ensure that your customers can make payments conveniently and that you can seamlessly manage transactions across borders. This factor plays a crucial role in expanding your business’s reach and providing a positive shopping experience for customers worldwide.

 

#3: Security and Fraud Protection

 

Security should be a top priority when selecting a payment gateway. Look for a provider that implements robust security measures like encryption, tokenization, and compliance with industry standards like PCI DSS. The payment gateway should also offer fraud prevention tools and features to protect your business and customers from fraudulent activities.

 

#4: Integration and Compatibility

 

A seamless integration process with your eCommerce platform is crucial to ensure a smooth checkout experience for your customers. Look for payment gateways that offer easy integration options through API or plugins for popular eCommerce platforms like Shopify or WooCommerce. Also, consider the user experience of the payment gateway, ensuring it is intuitive, mobile-friendly, and provides a streamlined checkout process.

 

5.5. Customer Support and Service Reliability

 

A reliable and responsive customer support system is crucial when dealing with payment-related issues. Look for a payment gateway provider that offers reliable customer support through various channels, such as phone, email, or live chat. Additionally, consider the reputation and track record of the provider in terms of uptime and availability to ensure uninterrupted payment processing for your business.

 

Considering these factors, you can make an informed decision when choosing a payment gateway that aligns with your business needs, provides customers with a secure and seamless payment experience, and offers reliable support for payment operations.

 

Conclusion: Boosting Sales with The Perfect Payment Gateway

 

Choosing the right payment gateway for your Shopify store requires careful consideration of various factors. Firstly, think about the type and size of your business, your target market, and the location of your customer base. Next, consider the payment options the gateway accepts and the transaction fees. 

 

Review their features, customer support, and user experience. Ultimately, select a payment gateway that aligns with your business needs, offers a seamless shopping experience, and provides secure payment processing for your customers. 

 

However, if you are still confused about choosing the right Shopify Payment Gateway option for your Shopify store, take help from the experts. In India, you get many good Shopify Payment Gateway developers for developing a unique Payment System for your Shopify business. But you need to take help from the Company that has a good record and an experienced team of Shopify developers and designers like Pixlogix Infotech Pvt. Ltd. It is India’s Leading Shopify development Company that offers you a variety of services, including Shopify Store Setup & Product Import, Shopify Theme Development, Shopify API/Module Development, Shopify Mobile App Development, Custom Shopify Website Development and so on. For more details, visit their official website www.pixlogix.com now. 

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