Shopify payments

Discussion in 'Ecommerce Forum' started by dag-uk, Aug 5, 2020.

  1. dag-uk

    dag-uk UKBF Newcomer Free Member

    23 6
    I'm setting up a new e-commerce shop and have narrowed the platform down to 2 or 3 choices. One big attraction of Shopify is their own payments processing option, no need to set up a merchant account etc. For a quick start this is particularly attractive and if the site grows we can change to a better/more cost effective option.

    Has anyone any experience of this part of Shopify ?
    Is there another cart system that has their own payments processing - I can't find one ?

    David
     
    Posted: Aug 5, 2020 By: dag-uk Member since: Mar 11, 2013
    #1
  2. Mr D

    Mr D UKBF Legend Free Member

    24,443 2,970
    Have you shopped around to see what other payment processors charge and what their terms are?
     
    Posted: Aug 5, 2020 By: Mr D Member since: Feb 12, 2017
    #2
  3. Simon-TP

    Simon-TP UKBF Contributor Full Member

    96 21
    Shopify has its own payments system but you'll need to check terms to ensure what you will be selling falls in-line with this otherwise you will need to look at an alternative payment provider (and still pay processing fees on top with Shopify). Which other platforms are you considering? Often 3rd party processors can work out cheaper with more accessible support.
     
    Posted: Aug 10, 2020 By: Simon-TP Member since: May 5, 2020
    #3
  4. paulyh

    paulyh UKBF Contributor Free Member

    85 9
    Shopify payments is basically just Stripe.

    As you are just getting started, I wouldn't be considering a merchant account just yet. That is something to look at when you are getting a good amount of sales on a regular basis. Best bet would be a combination of PayPal and Stripe, pay as you go pricing and easy to sign up/get started.
     
    Posted: Aug 11, 2020 By: paulyh Member since: Nov 25, 2014
    #4
  5. Glen Wheeler

    Glen Wheeler UKBF Contributor Full Member

    51 13
    Hello,
    We build a lot of Shopify stores for clients and it is a good feature to add. Having multiple payment options is attractive to a wider range of customers. I say go for this with Shopify, see how it goes then alter your options after you've measured how well it works for you. You should also look at integrating Klarna as that's good alongside PayPal. As others have mentioned, ensure you are covering all of the terms first and also have a guest checkout available (if you can).
     
    Posted: Aug 19, 2020 By: Glen Wheeler Member since: Dec 6, 2016
    #5
  6. Nick Walsh Studios

    Nick Walsh Studios UKBF Regular Full Member

    153 19
    Dont worry about payment processing too much get your sales with FB testing and retargeting, try Bing too very cheap.

    Get your Platinum product prominent on your home page after you have run your initial ads for your products and see in your Shopify and FB analytics which product your clients are most interested in, that your Platinum product, Oberlo has great tutorials for Shopify.

    FB and Bing ads initially are for data so you will make a small loss until FB gets the data you can use to advertise you best seller products..
     
    Posted: Aug 27, 2020 By: Nick Walsh Studios Member since: Apr 12, 2020
    #6
  7. Noob Business Girl

    Noob Business Girl UKBF Contributor Free Member

    48 0
    Shopify is great. It has shopify payments but you can also link external payment providers such as PayPal etc
     
    Posted: Sep 5, 2020 By: Noob Business Girl Member since: Jun 15, 2020
    #7