{"id":28905,"date":"2022-04-11T13:19:25","date_gmt":"2022-04-11T07:49:25","guid":{"rendered":"https:\/\/www.techjockey.com\/blog\/?p=28905"},"modified":"2024-03-27T15:09:37","modified_gmt":"2024-03-27T09:39:37","slug":"best-shopify-payment-gateways","status":"publish","type":"post","link":"https:\/\/www.techjockey.com\/blog\/best-shopify-payment-gateways","title":{"rendered":"15 Best Shopify Payment Gateways in 2024"},"content":{"rendered":"\n

Are you looking forward to building your own eCommerce store on Shopify? Well, then this article will be of great help to you.<\/p>\n\n\n\n

Here, we will be discussing one of the most important aspects of running an eCommerce store, i.e., payment gateways.<\/p>\n\n\n\n

Selecting the right payment gateway is a crucial decision for any business. Let\u2019s begin by understanding what Shopify payment gateways are, how they work, and a list of the best Shopify payment methods.<\/p>\n\n\n\n

<\/span>What are Shopify Payment Gateways?<\/span><\/h2>\n\n\n\n

Shopify Payment Gateways are the payment solutions that allow your customers to make payments on Shopify whenever they purchase any product. These payment gateways ensure that you receive the transaction amount in a convenient and secure way.<\/p>\n\n\n\n

This process starts when a customer initiates a transaction for buying a product on your Shopify store. Then the gateway further sends confidential information of the buyer to his\/her bank that is being used to make the purchase. Next, the bank reverts to the gateway with a response of a successful or a failed payment.<\/p>\n\n\n\n

<\/span>How Does Shopify Payment Gateways Work?<\/span><\/h2>\n\n\n\n

Payment processing in Shopify works on a backend phenomenon called \u2018Stripe Processing System\u2019.<\/p>\n\n\n\n

In this, all your payments are processed in real-time and reflected on Shopify\u2019s dashboard itself. This allows you to look at the status of your payments on Shopify\u2019s dashboard without logging into an external platform like Braintree or Authorize.net.<\/p>\n\n\n\n

After checking the initiated payment for fraud, Shopify Payment provider deposits the payment into the seller\u2019s account in a few working days, majorly depending on the country. For instance, in the US, the transfer takes about 2 days, whereas, in Sweden, it takes about 4 business days.<\/p>\n\n\n\n

However, if the payment transfer takes longer than usual, we recommend you address and report the issue on time. This enables you to avoid payment delays or fraud.<\/p>\n\n\n\n

<\/span>What Makes an Ideal Shopify Payment Gateway?<\/span><\/h2>\n\n\n\n

The selection of a Shopify payment method is a crucial decision for you to make, and you really don\u2019t want to miss any important points. Make sure you add the below factors to your checklist while looking for a Shopify payment gateway.<\/p>\n\n\n\n