10/12/2023 0 Comments Sources roblox ipo 4b![]() ![]() Stripe is a payment processor specifically designed for different types of businesses and applications. You get a 2.7% transaction fee, and that extra $50 needs to be made up in transaction fees. If you make more than $25,000 per month, you need to pay for the $79 a month plan. They have different price brackets, with the first level starting at $29 a month plus a 2.9% transaction fee and 30 cents every transaction. Shop Pay is their new marketing term for the payment system, which uses Stripe to process credit card payments. It is simple to integrate their payment system through your Shopify store by hooking up a bank account. Shopify is an e-commerce company, but they offer a competitive payment system in the market. We will be looking at the pros and cons of each of them, transaction fees, and the different payment types they accept.Įvery store needs a third-party payment gateway to take money and go through a certified and trustworthy company that handles people's credit card information. In this video, we will be discussing the difference between Shopify payment processors - Shop Pay, Stripe, and PayPal. ![]() Shopify Payment Gateways: SHOP PAY vs STRIPE vs PAYPAL
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