Unpredictable payment processing fees, volatile conversion rates, and fraudulent chargebacks are key hurdles that can impact your variable expenses and cash flow if left unchecked.
That’s where Shopify’s suite of payments solutions comes in. Each product is purpose-built to help overcome these obstacles and unlock opportunities for seamless payment handling, improved customer experiences, and enhanced security.
In this article, you’ll learn about each of Shopify’s payments products: Shopify Payments, Shop Pay, Shop Pay Installments, Fraud Control, and Shopify Protect. Let’s explore how ghana mobile database these tools can help you tackle payment-related challenges, elevate your buying journey online and in-store, and ensure each customers’ payment information is secure.
Table of contents
Shopify Payments
Shop Pay
Shop Pay Installments
Shopify Protect
Shopify Payments: accept, track, and manage payments in one place
Shopify Payments is Shopify’s fully-integrated payment processing. You pay one stable rate for debit, credit, and mobile wallet payments, no matter what customers use—Visa, Mastercard, American Express, local payment methods, and more. This ensures that your monthly payment processing fees are predictable, making it easier to manage your cash flow.
Once you activate Shopify Payments, you also get powerful capabilities above and beyond payment processing:
Sell in 133+ global currencies and settle in your own
Track online and in-person orders and payments in one place
Get fast and predictable payouts with auto-reconciliation
Complete and track refunds directly in orders
Streamlined chargeback management
You can also rest easy knowing that your business’ and customers’ payment information is safe with end-to-end data encryption, bot protection, risk analysis, chargeback recovery, and auto-reconciliation. Shopify Payments boasts a 3D secure checkout, is Level 1 PCI DSS, and SOC2 Type II compliant.