7. Payment Gateways
You can take payment from your customers through your website via a payment gateway. The price and commission rate is important but seeing what functionality they sell is also important. Not every gateway to payment is created equal.
When selecting the best payment gateway for you, you need to look at the following.
Some gateways can keep a small percentage or flat fee (or sometimes both) for allowing you to use their service while making a payment. Compare these according to what the projected sales are.
You need to learn what types of cards your chosen Payment Gateway accepts. Although most accept American Express, they accept both Mastercard and VISA. Paypal gets more popular for online payments as well.
Many gateways take the payment through their own form onto their own servers. It means that your payment gateway takes the customer away from your checkout and they pay on the form given. Once the customer successfully pays, they are then guided to your confirmation tab. This gives you a bit more control over the checkout process.
You can bypass the limitations of Shopify-they do not allow you to customize the checkout other than with CSS.
Transaction fees for payment gateways are applied in addition to the transaction fees of Shopify itself. Stores based in the USA and UK will be able to use Shopify Payments as of November. You can save on those extra costs depending on your Shopify plan. You will receive some highly attractive prices, depending on your plan
It might be worth upgrading to take advantage of those savings, depending on how many transactions you make each month.