Best payment gateways for Shopify ecommerce - ShopifyShoguns

Software

Payment Gateway is the soul to every online Shopify eCommerce store. No ecommerce retailer will supply their product for customers freely, they keep some price for every product and services. Customer is likeable to pay the amount through online payment or COD. All ecommerce users support COD, so everyone uses Online Payment.

Your shopper navigates your website add products to their cart and go through the drill of entering their card details and making the purchase.

Now this seems easy but trust us it ain’t.   With so many payment gateways like Shopify payments, PayPal, Amazon payment and Stripe at play, it is important to choose the right medium to integrate with your eCommerce.

To know more about how to protect your website from eCommerce payment frauds click here.

Criteria to choose the correct payment gateway for your eCommerce store
Before zeroing on which payment gateway to integrate check let us see the criteria based on which you should choose the right one.

Ensure a payment gateway that offers low transaction fees.
Check out the global footprint of the payment gateway. eCommerce stores are started with the though of expanding further, no point in taking a gateway that has limited presence.
Check for the ease of navigation and conducting the payment process, the payment gateway should give a positive user experience to prevent cart abandonment.
Check if the payment gateway you selected is suitable for drop shipping model of business as well.
Go for a payment gateway that is popular in the country where you are planning to target your goods and services.  
Ensure that customer’s details are safe and secure, take the security of the gateway into account. This is a very critical element.
Guarantee for Effective Transactions
Get a clear information on how you are going to be billed with a proper break down to avoid unnecessary hidden charges during recurring billing.
Easy Process of Integration
Check if the payment gateway provides offsite checkout feature
The payment gateway should be mobile friendly in order to accept payments through mobiles easily.
Either it accepts all bank cards or not
24/7 Customer Support
Top 5 Payment gateways for your Shopify eCommerce store
Shopify Shoguns has integrated numerous payment gateways to our clients based on their business model, target audience, products and services. But by and far the most common gateways we have identified to be perfect fit for Shopify websites are.

Shopify Payment Gateway
Shopify Payment is inbuilt payment gateway for all Shopify registered users. So that the setup process is quite simple and you don’t need any third-party integration.

Businesses can easily utilize Shopify Payment Gateway. You just need to select from your account’s Dashboard and type in your bank details.            Businesses based out of Singapore, New Zealand, Australia, Ireland, UK, Canada, and US can customize Shopify payments without any hurdles.

Shopify Payment Fees
The monthly price for all three Shopify Payment Gateway is,

Basic Shopify – USD $ 29/month
Shopify – USD $ 79/month
Advanced Shopify – USD $ 299/month
PayPal
Most of the clients we worked with opt for Paypal the reason being its excellent interface and the ease of paying their sales bill. Apart from that PayPal is free and open payment gateway for all online shopping retailers albeit even having a paid pro version.

The main advantage of having this PayPal gateway is that merchants can host their own checkout pages and send transactions to PayPal. Apart from that, Paypal also includes features like Multi-Currency, In-Store and Mobile Payments, Recurring Billing, Advanced Fraud Prevention and more.

Pricing Details of PayPal
PayPal Payment Standard Gateway

It takes no fee to set up because it is totally free.
PayPal Payments Pro

The price for integrating this PayPal payments pro is $35 per month, plus 2.9% + $0.30 per transaction.
Amazon Payment Gateway
One more commonly used payment gateway that supports ecommerce retailers on Shopify is Amazon pay which is owned by Amazon.

Customers who use Amazon pay are those who own amazon accounts. Amazon Pay Set-up is very simple and easy. You can protect your online shoppers with Amazon A to Z Security at no extra cost.

Some of the mainstay features of Amazon payment gateway are reducing bad debit with fraud detection and prevention technology. Another major advantage of using Amazon pay is the ease of payment they have to offer; the customer only has to enter their amazon details instead of entering everything during payment checkout.

Pricing Details of Amazon Pay
For Domestic U.S. transactions, the amazon pay fees are like this:

Domestic processing fee – 2.9%
Cross-border processing fee – 3.9%
Authorization fee – $0.30
WorldPay
WorldPay is another payment gateway which offers payment solutions to ecommerce businesses of all sizes. robust payment processing solutions that can bespoke to suit their dynamic requirements.

Worldpay also accepts payment via multiple channels giving the ease of payment to your customers, no matter where they shop from. Worldpay offers robust security measures such as PCI DSS assessment tools, encryption & tokenization and EMV chip card acceptance. With critical features like security and ease of payment taken care of Worldpay is a best bet to integrate to your Shopify eCommerce store.

The User Satisfaction of Worldpay is 94% and smart score is 8.8. However, you need to check some of the features and pricing details about WorldPay before integrating it to your ecommerce business sites. Here, are the details regarding Worldpay for your reference.

Some of the Features
Virtual Terminal
Integrated POS
Online Payments
Mobile Wallets
EMV Compatibility
Information About Pricing
WorldPay bids two pricing plans:

Pay as you go – 2.75% + £0.20

Pay on monthly basis – £19.95, plus 2.75% (credit cards) and 0.75% (debit cards).

Above 1,000 monthly transactions choose the WorldPay payment gateway for volume pricing discounts or pay monthly options.

Sage Pay
Another best payment gateway for Shopify eCommerce sites is Sage Pay. Sage Pay is the ruling payment gateway processor for Shopify eCommerce startups across Europe with above 50,000 businesses. They have a wide range of functions, plans, fees, etc. which works efficiently for ecommerce retailers.

The Sage Pay Smart Score is 8.5 and it has 95% User Satisfaction which is better than WorldPay Online Payment Gateway. Pricing starts from £20.90 and its model is Free, Quote-based and One-time payment.

Some of the important features of Sage Pay for your consideration are.

List of Features
Online Payments
Business Insights
Invoice Payments
Fraud Prevention
Wide range of Payments
Point of Sale Integrations
Pricing Info
You can avail three pricing packages at Sage Pay. Here is the info about it:

Flex – £20.90 per month
Plus – £45 per month
Corporate – By quote
Conclusion
Shopify Shoguns is an agency which provides customized eCommerce solutions to clients all over the world. We have developed eCommerce store suiting the branding solutions of businesses operating in both B2B and B2C domain.

Our clients range from apparel retailers to health care service providers and ranging across continents. If you are an entrepreneur looking to develop a custom eCommerce solution to amplify your brand contact us at info@shopifyshoguns.com or visit us at www.shopifyshoguns.com