With different payment options available for your Shopify stores, selling online has never been easier. Customers prefer to pay with their favourite payment mode while purchasing products from the online store. If a store fails to provide different types of payment options it can face failure. So to avoid this inconvenience we recommend integrating multiple payment options in your ecommerce site or Shopify store so that your potential customers can make payment easily in your Shopify store and you can enjoy more sales from your business.
Follow this step-by-step guide to accept payments to your bank accounts via seamless integration of various payment gateways.
First login to your online store on Shopify. After logging in, go to the lower left-hand side of the page and click ‘Settings.’
From the drop-down menu select settings. Click ‘Payment Providers’ in the Settings menu.
After clicking ‘Payment Providers,’ it will take you to a page with a list of payment options to integrate into your Shopify store, including PayPal, third-party payment providers, manual payment options, and so on. Before proceeding to any other option, scroll down to ‘Payment Capture.’
There are two options available under the Payment Capture section:
‘Automatically and Manually.’ It is always better to choose ‘Automatically’ over ‘Manually’ because manually capturing payments is possible and appropriate if you are a wholesaler who must wait for payments for a certain period of time. With ‘Automatically,’ payment is taken as soon as the order is received. Fraudulent charges can be avoided by automatically capturing payments. Furthermore, if you wait for payments for an extended period of time, you risk losing money and possibly encountering fraud orders. With the help of reputable Shopify web development company you can easily set up the payment gateways in your store.
Go to PayPal Express Checkout by scrolling up. ‘Activate PayPal Express Checkout’ should be selected.
This will direct you to the PayPal official website after clicking on PayPal Express Checkout. Log in to your PayPal account if you have one. Create a new account on Paypal if you don’t already have one. To activate your PayPal account, you must provide personal information, bank account information, and other details. Setting up an account on PayPal is very simple. By providing some required information you are all set to use paypal account for your future uses. Also PayPal is considered as one of the safest payment provider, so it ensures that your money is in safe hands.
Look for ‘Third-party providers’ in the second payment area. This is suitable if you already have a payment gateway. Choose a third-party provider by clicking the ‘Choose third-party Provider’ button.
You will be taken to a page where you can see a list of all third-party payment providers after clicking the ‘Choose third-party provider’ button. For example, you may already be using the payment provider ‘2Checkout.’ Choose from the options presented in the list.
After selecting ‘2Checkout,’ you will get instructions on creating and activating a 2Checkout account. You will be given a merchant code during the account setup process, which you must copy and paste into the ‘Merchant Code’ field. Create a new INS secret word and paste it in the ‘Secret Word’ field as well. Finally, select the Save Settings option. After selecting ‘2Checkout,’ a set of instructions will appear in the first section.
The generated merchant code and secret code must be copied in the second section.
The third section contains information on the various credit card payments that you will accept. Select the ones you want to accept and leave the others unchecked. Select those options if you only want to accept Visa, Mastercard, American Express, and Diners Club credit cards.
‘Test Mode’ is included in the final section. This section examines how your chosen payment gateway works and whether the setup is correct by simulating failed and successful transactions. If you want to test the payment gateway, check the box.
Select ‘Activate 2Checkout’ from the drop-down menu.
‘Alternative Payment Methods’ is the third payment option. Select ‘Alternative payment’ from the drop-down menu. You’ll have a variety of payment options. If payment options aren’t available in your country, a message will appear beneath the payment provider.
The payment providers are listed on the left, and the payment methods are listed in the drop-down menu. If you choose a specific payment method for your online store, such as American Express, the list on the left will change to show only those providers who accept American Express payments.
You’ll be directed to a page with ‘Account information’ and ‘Accepted payment methods’ once you’ve chosen your payment methods and a suitable payment provider.’ In this section, we’ll discuss CCAvenue, which we’ll use as an example. There are two fields in the Account Information section: Access Code and Working Key. You can either log in or create a CCAvenue account if you already have one. To obtain your Access code and working key, go to the settings menu, select API Keys, and copy the Access code and Working key.
Select the payment methods you want to accept under the ‘Accepted Information Section’ and click the Activate button.
‘Manual Payment Methods’ is the final section. You can enter payment methods such as Cash on Delivery (COD), account transfer, money order, and so on in this section. From the drop-down menu select the suitable option when you click on ‘Manual Payment Methods.’ Take, for instance, COD. You can also create a custom payment method that is tailored to your company’s needs.
‘Shopify Payments’ is another crucial section. If you’re opening a store in India, you won’t be able to accept Shopify payments. Certain countries, including the United States, the United Kingdom, Australia, Canada, Denmark, Germany, Hong Kong Special Administrative Region of China, Italy, Ireland, Japan, the Netherlands, New Zealand, Singapore, Sweden, and Switzerland, have access to it.
If you create a Shopify online store in a country other than the ones listed above, the Shopify Payment option will not appear.
Activate Shopify payments in the same way you made other payments options available for your store. Add a provider by clicking on it.
To get started with Shopify Payments, you’ll need the following items:
- The number assigned to the employer
- Information on banking
- The average cost of orders
- The average shipping time.
Shopify Payments and a third-party credit card provider are your two options. If you choose the Third-party credit card option, you can select which credit cards you want to accept for your online store.
Shopify Payments is the best option for Shopify stores. Once you’ve made your selection, press continue to return to the previous page.
‘Complete Account setup’ is an option in the Shopify Payment section. When you select this option, it will take you to a page where you must enter all of the information listed in the second point.
You’re ready to accept payments with Shopify payments on your online store once you’ve entered all of the necessary information into the fields.
To Put It Briefly
Above mentioned steps in this article will make it simple to add payment options to your Shopify store.
You can also hire a Shopify plus development company to assist you in choosing the best payment gateway for your e-commerce store. Follow our guide and get more exposure for your ecommerce business.