If you have looked into an ecommerce store, you should start with Shopify that provides a complete, flexible, and simple tools to manage your dashboard. Shopify also handles everything from design themes, products, payments, and shipping all in one place.

Shopify Payment Gateways

Shopify has built-in shopping carts and integrates more than 70 payment gateways which makes it easy to sell products globally. Payment gateways are integral to every online store, enabling them to take customer payments. It plays a critical role in making every customer ecommerce experience by letting them make payments to your ecommerce store.

Shopify payment gateways based on different countries or regions. Entrepreneurs should choose the right payment methods by knowing your target market exists. Therefore, you should keep yourself well informed on the payment gateways supported by the platform.

As part of learning Shopify payment gateways, Shopify supports two different types of payment solutions which are its own integrated payment and third-party payments. Shopify will waive transaction fees for own payment provider. Aside from that, if Shopify payments not available in your operating regions, third-party payments will charge depends on your plan. Let’s explore what is the 3 popular Shopify payment gateways available in Singapore.

Shopify Payments

Shopify has its own payment gateway solution, it comes already integrated into the platform. One of the benefits of using this Shopify Payment is you don’t have to pay any extra transaction fees, and it’s easily accessible from the admin panel. Shopify also ensures that information is considered secure to protect your customer.

PayPal

Paypal is a third-party payment gateway of Shopify. As we know, Paypal also a well-known global payment gateway for ecommerce, it takes less than a day to set up Shopify pay for your website. Paypal comes with a minimum fee of 2.9% of all transactions. These days, PayPal has more than 220 million active users globally because it is functionalities and has mobile support. Customers can easily use a credit card to purchase over the phone.

Stripe

Stripe is another popular payment gateway in Shopify. It’s very easy to set up Stripe to your store, also provided a great technical support system. As this is third-party payments, Stripe accepts international payment and would be charging 3.4% for every transaction.