Shopify Payment Gateways: Which One’s Right for Your Store?

Shopify Payment Gateways: Which One’s Right for Your Store?

So, you’ve got your Shopify store all set up, your products are ready to go, and now you’re facing the big question: how are you going to get paid? Choosing the right payment gateway is super important—it affects everything from customer trust to your bottom line. Let’s break down what you need to know about Shopify payment gateways so you can pick the one that’s perfect for your store.


  1. What’s a Payment Gateway, Anyway?

Alright, let’s start with the basics. A payment gateway is the tech that handles all the dirty work when a customer buys something from your store. It securely processes the transaction, making sure the money gets from your customer’s bank to your account. Think of it as the bridge between your customer and your cash register.


  1. Shopify Payments: The Easy Choice

If you want to keep things simple, Shopify Payments is the way to go. It’s Shopify’s built-in payment gateway, which means it’s already integrated with your store. No need for third-party apps or extra setup—just turn it on, and you’re good to go.


Benefits: No transaction fees (as long as you use Shopify Payments), easy setup, and all your payments are managed right within your Shopify dashboard.

Drawbacks: It’s only available in certain countries, so if you’re outside those, you’ll need to look at other options.


  1. Third-Party Payment Gateways

Not into Shopify Payments or running your store from a country where it’s not available? No worries, Shopify supports over 100 third-party payment gateways. Some popular ones include PayPal, Stripe, and Authorize.net. Each has its own pros and cons, so let’s take a quick look:


  • PayPal: Everyone knows PayPal. It’s trusted by customers worldwide, making it a great option for boosting conversions. Plus, it’s easy to set up. But watch out for those transaction fees—they can add up.

  • Stripe: Stripe is a favorite for tech-savvy businesses. It’s got tons of features, works globally, and integrates well with other apps. However, like PayPal, it comes with fees, and the setup might be a bit more involved.

  • Authorize.net: This one’s been around for a while and is super reliable. It’s great for larger businesses that need advanced features, but the fees and complexity might be overkill for smaller stores.

  1. International Payment Gateways

Selling to customers around the globe? You’ll want a payment gateway that supports multiple currencies and languages. Shopify Payments handles this in some countries, but if you’re using a third-party gateway, look for ones that are known for international support, like 2Checkout or Worldpay.


  1. Cryptocurrency Payments

Want to accept Bitcoin, Ethereum, or other cryptocurrencies? Shopify lets you integrate with gateways like BitPay or Coinbase Commerce. Cryptocurrency isn’t mainstream yet, but it’s an interesting option if your customers are tech-savvy or if you’re in a market where it’s popular.


  1. Things to Consider When Choosing a Payment Gateway

Before you settle on a payment gateway, think about these factors:


  • Fees: Every gateway charges fees, whether it’s a flat rate per transaction or a percentage. Make sure you know what you’re signing up for and how it’ll impact your profit margins.

  • Customer Experience: How easy is it for customers to complete a purchase? A smooth, fast checkout process can reduce cart abandonment.

  • Security: All gateways should offer top-notch security, but some might have extra features like fraud detection or chargeback protection. This is crucial for protecting your business.

  • Compatibility: Make sure the gateway you choose integrates seamlessly with your Shopify store and any other tools you’re using.

  1. Setting Up Your Payment Gateway

Once you’ve chosen a gateway, setting it up in Shopify is pretty straightforward. Just go to your Shopify dashboard, find the payment settings, and follow the prompts. If you run into any issues, Shopify’s help center or the gateway’s support team should have your back.


Final Thoughts


Choosing the right payment gateway is more than just picking one that works—it’s about finding the one that fits your business, your customers, and your growth plans. Whether you go with Shopify Payments or a third-party option, make sure it’s secure, reliable, and offers a smooth experience for your customers.


Need help setting up your Shopify payment gateway or optimizing your checkout process? Get in touch with us! We offer expert Shopify design, development, and CRO services to make sure your store is ready to convert and grow.