Best Payment Gateways For Shopify

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Choosing the best payment gateways for Shopify is one of the most important decisions you’ll ever make for your online store.

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Why is it important to choose the best payment gateways for Shopify?

Shopify payment gateways enable a transaction by allowing movement of information from a portal (which can be a phone, website, or interactive voice response service), to a processor such as a bank. The main function of these payment gateways is to securely transmit the customer's confidential payment date (credit/debit card and bank account data) to the issuing bank and get a response from it about whether the transaction has been accepted or declined.

Factors to consider while choosing Shopify payment methods:

1- Target Market

2- Size and business goals

3- Transaction fee

4- Global recognition

5- Reputation

6- Fraud detection capability

7- Shopping experience

Shopify payment gateways – US

PayPal
Shopify and PayPal has been a winning combination as far as Shopify payment gateways are concerned, for the simple reason that both these eCommerce solutions are loved in the subcontinent and the Shopify PayPal setup is a simple process.

Stripe
Considered as one of the best payment gateways for Shopify in US, Stripe supports over a hundred currencies and has features like one-click checkout, subscription billing and mobile payments. It is a feature-rich Shopify payment gateway, although it does require the user to be technologically savvy.

Shopify payment gateways – UK

The platform gives you the tools to sell items and take payments both online, or in-person at a store. It supports all major credit cards - including MasterCard, Visa, American Express, Diner's Club, Discover, and JCB. This payment gateway supports digital payment services like Apple Pay, PayPal and Visa Checkout. It is also one of the most trusted payment gateways for Shopify dropshipping.

SagePay
This Shopify payment gateway is among the best payment gateways for Shopify in the UK, and hence, is definitely worth a shot while choosing your online payment system. The platform offers an easy drop-in checkout integration and its Shopify payments transaction fees vary between £19.90/month for 350 transactions per month to £45/month for 500 token purchases.

2Checkout
It is one of the best credit card gateways for Shopify and supports all major credit cards such as Mastercard, Visa, Diners Club, American Express and others. In certain other developing countries, this online payment process is used in combination with another payment gateways.

Shopify Payments
Shopify Payments is the simplest way to accept payments online for Shopify merchants. It does not only eliminate the hassle of setting up Shopify third party payment gateways, payment providers or merchant accounts, but also comes fully integrated with your store. It also includes a wide variety of features that allow you to manage your entire business and financials from one place.

Shopify payment gateways – South Africa

PayFast
The platform supports a variety of payment methods to suit your customers - including credit cards, instant EFT, Mobicred, Masterpass, debit cards and even Bitcoin. The installation is free and the monthly Shopify payments fee is zero. There are over 70 shopping cart integrations available with this payment gateway.

PayGate
PayGate's Shopify payment gateway has a number of products designed specifically for e-commerce businesses, and the mode of operation of a particular business will dictate which of their products are best suited for that business.

Shopify payment gateways – Asia

AliPay Global
Alipay Global is an ideal payment gateway for Shopify for cross-border merchants aimed at the Chinese market. It supports 12 currencies including USD, GBP, JPY, EUR, AUD, CAD, CHF, SGD, DKK, SEK, HKD and NOK.

WorldPay
For Shopify store owners, Worldpay Shopify payments transaction fees are based on a sliding scale dependent on turnover, which helps you to cut costs depending on your success. The installation typically takes only 3 – 5 days and payment gateway's overall quality makes Worldpay worth the wait, especially if you are starting out and don't need to take payments immediately.

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