
However, Shopify can penalise you for having a high chargeback rate by shutting down your entire store (if you don’t know what chargebacks are, see below!)Ī chargeback is when a customer disputes the charge made to their credit or debit card by a merchant (in this case, your store). If your chargeback rate for your store is high Stripe can shut down your Stripe account.If you are going to also be billing customers and accepting payments via invoice, Stripe can help with this.Shopify Payments offers 85 currencies but Stripe offers over 135 currencies.


If you want to use a currency not offered by Shopify payments, Stripe is an option.What are the benefits of Stripe over Shopify Payments?
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Option 2 is to get the full Stripe offering by connecting only Stripe as the payment gateway of choice in Shopify. Option one is Shopify payments which is powered by Stripe, but is only available in certain countries and has a limited set of features compared to the full Stripe package. Shopify store owners effectively connect to Stripe in two ways. You can connect Stripe directly within Shopify. An SSL certificate must also be activated on your store, customer accounts must be disabled or set as optional and you must comply with Apple’s terms and conditions. To start using Apple Pay you’ll need to be using one of the following gateways: Shopify Payments, Stripe, Firstdata, Payeezy, or Cybersource. That’s why eCommerce store owners love Apple Pay.

Studies have shown that removing the ‘shipping address’ field boosts conversion by 13.4% and removing the ‘billing address’ boost it by 35%. Customers will often abandon checkouts if they have to add details like their address – or if they have to create a new account for every store they use. The option to pay with Apple Pay is increasingly common across the web, and some customers will see it as essential.įrom the perspective of an eCommerce store owner, anything that shortens the checkout journey is a win in terms of sales. Apple Pay now has 65 million users (out of approximately half a billion iPhone users) and it’s forecast to handle 10% of all card transactions globally. You can also use Apple Pay on your Shopify store.Ĭompared to most other methods for processing card transactions Apple Pay is seen as faster and more secure. There are a wide range of payment options in Shopify, from using the native Shopify Payments system to third party APIs and checkouts like Opayo (formerly Sage Pay) and Worldpay.
