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payment gateway for dropshipping

Published on: January 31 2023 by pipiads

The BEST Payment Gateways for Dropshipping | Paypal, Stripe & Shopify Payment Alternatives

if you're just starting out with drop shipping, you probably ask yourself which payment gateway should i use- shopify payments, paypal or stripe- or maybe you're from a country where one of those options i've just mentioned are not available, or you have faced the worst case scenario, which is one of those platforms so to hold your funds for like six months, and it doesn't matter in which category you currently fall into right now, at one point you will get into a worst case scenario where one of those platforms will start to hold your funds and you want to be prepared. i mean, i've heard stories from people that had fifty thousand dollars locked up by people for like six months- and because i don't want you to end up in that situation, with thousands of dollars locked in in some kind of payment processor that simply doesn't give you your money, i'm going to show you the best alternatives for shopify payments, stripe and paypal you can currently use. now, at this point, i'm not going to ask you to like this video and subscribe to the channel, because, first of all, i want to provide you value. first of all, i want to give you the information that helps you prevent all of this and then, after you've watched this whole video right here. you can decide if you like this video and you want to subscribe to this channel for more information like that. with that being said, let's dive right in, and the first thing i want to tok about is: why do they even hold funds like? what's the advantage for them? and if you understand why those companies hold funds like white stripe, paypal and shopify payments, decide to hold your money for a certain amount of time, you can prevent the 90 of the problems you're going to run into, and the number one thing that you're looking at is the customer satisfaction. see, what they want is the customer coming back over and over again because this way they are earning their money. they are getting their payment processing fees from you because the customers spend money with you. now here's the thing: how those companies act nowadays is like a middleman between you and the customer, and they are making sure that both parties have been treated fairly and with respect and both have been getting the thing they want: you, that you get your money, and the customer- they got your, their products. now the problem is if there's anything not right, most of the times the customer is the one that's getting the advantage and you are the one that's being screwed over by the payment processor, and the reason for that is that drop shipping is classified as a high risk business model by most of these payment processing companies. and the reason why dropshipping is classified as a high-risk business model is pretty simple: a lot of dropshippers they don't care about how long the shipping times are. most of the times it's more than four weeks. i mean, if you go to aliexpress right now and click on one random product, i bet it will arrive in late september, early october, and right now it's end of august at the time of recording this now. the second reason is poor product quality and the third reason is they have really to know customer support, and those three main reasons is what pisses customers off and why they want their money back. this way, you have an unusual amount of claims and refunds, and this is the reason why drop shipping in general is classified as a high-risk business model. i mean, just think about yourself how you'd feel if you would order a product online and after the confirmation email there was no further information for you, like for three weeks you would hear nothing from the company. then you try to reach the customer support and nobody answers you and after four to five weeks, you receive a product package in a dirt bag that smells like garbage and, when you pack it out, like it doesn't look like a high quality product. i mean, you would want your money back as well, right? so what we're going to do now is i'm going to show you exactly how you can prevent your funds from being held by those payment processors. i'm going to rank those payment processes for you and then i'm going to show you all the alternatives. you can use paypal's drive and shopify payments. now let's take a look at the payment processors individually and how likely they are to hold your money, and number one is paypal. it doesn't matter what you do, at one point people will start to hold your money. that's why they are the last place. they are not pleasant to deal with as a seller. as a buyer, it's amazing, but as a seller like you're basically screwed if you are drop shipping and they find it out in some way. so what happens? at a certain point, maybe after five thousand dollars in revenue for paypal, maybe up for ten thousand dollars in revenue for people, they will start holding your money and they will start asking for company documents, and you should be prepared to show them the company documents. they will ask you for proof of inventory. they will ask you all those things. as a dropshipper, you most likely won't be able to answer. so paypal is the last rank of this ranking. right here next up is stripe and, honestly, i never had any problems with stripe. what they're doing is they're processing your credit card payments and then they're simply paying it to your bank account, and i never had any problems, besides one time where i had a slightly higher refund rate than usual. that's because i had problems with my supplier. and what they did is they held like five percent of my money for one month and after the month, i received a message from them where they told me like hey, we've seen that your refund rate is back down and we will stop holding five percent of your money. so this is everything that happened. and the last thing is shopify payments. now here's the thing. uh, i personally don't use a lot of shopify. i personally prefer clickfunnels over shopify, but i also did not hear that many bad things about shopify payments. okay, so this is kind of the ranking. paypal is on place number three, unfortunately, then strive and then shopify payments, but only because i don't have to say that much about shopify payments, because personally, i haven't used that much. now, really quickly, before i show you the other options to paypal stripe and shopify payments, i want to tok about how you can prevent those companies in the first place from holding your funds in ninety percent of the cases. now, if you don't care about how you can prevent this from happening right here, and if you don't want to save a ton of money, then you can jump right to the topic. if you haven't seen it, yes, i have chapters inside of this video so you can jump right into the part where i tok about the alternative payment processors. if you're interested in learning how you can prevent your funds from being held in 90 of the case and how you can get happier customers, let's tok about it right now. now those tips right here i want to promise you, at no partikular order. all of them are going to help you universally, and the first tip, and most important one, is: get quick shipping. okay, and i hope you can read it and all my hand drawing sucks, but you want to get quick shipping times. see, we are not in 2017 anymore where it's pretty hard to get like 14 day shipping times. all you have to do is go to like: either go to aliexpress and search for suppliers that already have the product stored in the usa. you can go to cj drop shipping. they have quicker shipping tanks. use a drop sand drop there. tons of options out there on how you can get the product delivered in less than 14 days to your customers. this will alone reduce your refund rate tremendously, because the anger of people is growing exponentially long. they have to wait for their products. okay, so this is the first tip i want to give you right here. tip number two is: give people their tracking numbers. see, people love to see where their product is and they want to see the progress on how long it will take for them to arrive at you. and i can understand why people don't want t.

The 5 Best Payment Gateways for Your Dropshipping Store | Dropshipping Tips

Are you setting up your new online store and looking for the best dropshipping payment gateways? In today's video, we will tok about payment methods, give the recommendation of the best 5 payment gateways If you'd like grow your dropshipping business with us. don't forget to subscribe and turn on the notification bell. So first let's tok about what is a payment gateway and what things you should consider before picking one. A payment gateway is essentially the tool that allows people purchasing onlie. it handles all money transactions from an online store When a customer adds the product to the cart, fills in the address and starts filling in the payment information, and then the payment gateway steps in. It will make sure that the payment information is processed securely and the funds are deducted from the visitor's account, then take care of the deposit so you will be able to withdraw it to your bank account. The payment gateway often takes a small percentage of this transaction as a fee for their service. When choosing a payment gateway for your dropshipping store, you can't just pick one and expect it to work. Some payment gateways don't even support dropshipping, this business model. So here are things you need to think before choosing: 1.Does it work with your target market and their currencise? The first thing to consider is which countries you will be selling, to Make sure to check that your payment gateway supports those countries and also supports all the currencies used in those countries. Ideally, you should pick the most well-know payment method in your target contries or areas. 2.Does it support dropshipping? Some payment gateways will reject you once they find out that you are dropshipping, Because normally dropshippers get more chargebacks than other business. thus dropshipping is considered a "high-risk" group. For this reason, some payment platforms generally don't want to do business with dropshippers. 3. The transaction fees. When dealing with large volumes of orders, an extra percentage point in transaction fees can impact your profit quite significantly, So it's best to compare the service fee before you make the final decision. This might be the most popular payment gateway for both dropshippers and the general public. Although not always being perfect, the fact that many people know and trust this payment provider makes it a great addition to your dropshipping store. It's available in more than 200 countries and supports 25 currencies, supporting all major credit cards, and requires no startup cost nor monthly fee. The cons about Paypal is that the transaction fee is relatively high and rumor has said the customr service isn't that good If you have your online dropshipping store on the Shopify platform. this is definitely the payment gateway to set up. It integrates with the Shopify platform completely: just a few clicks then you are done with the setting. Shopify also have made their own payment gateway app, called Shop Pay, which can be activated through Shopify Payments. However, Shopify Payments deducts 15$ for each chargeback you get, but if you win the chargeback, you get it back. Also, it's not available in all countries and only available on Shopify. Stripe is a popular alternative for Paypal. It also has strong partnerships and integrations with Shopify. It's US-based and currently available for businesses in 40 countries. It has a modern user interface, flexible and customizable, supporting over 135 currencies. But Stripe requires a little programming knowledge to customize. the transaction fee is similar to Paypal's - not very cheap. Everybody knows Amazon, the giant tiknology company that just doesn't stop growing. Amazon Pay is their own payment gateway, which means that people who are familiar with the brand will trust it. In the US alone, Amazon Prime already has 112 million users, and it's growing every day. Amazon Pay is convenient. consumers can just log into their Amazon account and use their pre-saved payment information to buy your product. However, there are still cons. Amazon Pay share the same level of transaction fees as Paypal. If you are not a Shopify store owner, then you need to have some programming knowledge to set up Amazon Pay on your online store, And sometimes you will have to pay extra fees like domestik processing fees and cross-border processing fees. Google Pay is another trusted and well-known payment gateway. if you've ever used Google Pay yourself, you will know that it is a very fast, easy and convenient payment method- low transaction fees. it also can save your credit card on your Google account, which makes paying online for a product faster. Although it's cheap and convenient for some phones and countries, the features of Google Pay are still limited. the number of people using Google Pay is still relatively low. So, to draw a conclusion, find out which countries you would like to sell to and what the most popular payment methods in those countries are. Then pick the most popular payment methods, like Shopify Payments or Paypal. If you have trouble with those, you can always try and test some of the smaller ones. Also, if you are just starting up, try not to look at things like pricing too much. The most important thing is to make sure your customers are able to pay in their preferred payment method. some extra transaction fees will actually get you extra sales. Good luck with choosing a payment gateway for your dropshipping store and don't forget to like the video to show your support. Subscribe if you haven't, so you won't miss out. See you guys in the next video.

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BEST SHOPIFY PAYMENT GATEWAY ALTERNATIVES to Shopify Payments & Paypal: Shopify Dropshipping 2021

in this video i want to tok about the important topic of payment gateway. specifically, when you are making six figures, seven figures and more, you start to have problems with your payment processors, the companies that help you make money, like stripe and shopify payments and paypal. you probably heard the horror stories about them banning your accounts, and i'm going to show you exactly what to do to get rid of those payment processors, which ones should you use. and let's say that you're from a country that is not supported by any of these- stripe paypal- you got nothing. i'm gonna show you the workaround for that and how you can get a really strong payment processor, specifically if you're making a lot of money. let's go now. first thing to note is that stripe, shopify payments and paypal are essential in the beginning. when you are starting your business. a lot of people they hear the horror stories of paypal. hey, i got a hundred thousand dollars stuck in my paypal account for six months and they don't want to deal with this thing well in the beginning. a lot of your customers are actually going to pay with paypal. they're going to pay with stripe. they like the interface. it's going to get you sales easier, so it's going to be hard for you to start your business, get your first couple of sales if you are not utilizing any of those tools. so, even though they are pretty bad processors, when you're scaling, when you're starting in the very beginning, you want to take advantage of those and actually use them. now, once you start scaling to, let's say, your first 20 000 up to 50 000, that's when you should start exploring better payment gateways. the one that i personally recommend is called easy pay direct. i actually use them. we make 100 000 per month with them and they're absolutely amazing. so easy pay direct: what they do is they're essentially a middleman to what's called a mid, which is a merchant processor, a merchant bank, however you want to call it. so easy pay connects you to a bank. we have multiple banks that we have inside of our easy pay direct account and they actually process your payments. so, let's say, you're making a hundred thousand dollars a month, you might get easy pay as your middleman or as a company that's helping you get a merchant, and then you'll have five merchants, twenty thousand on each. now the problem with easy pay, or the problem with all these middle men payment gateways, is that it takes longer to get approved. the application process is a little bit more annoying and they also to connect you to these merchant banks connected to these merchant processors. each one has a different application, so you can't just go and apply for like 20 of them. you need to apply one by one, by one. but once you get it, it's absolutely amazing, especially from if you're from the us or canada. once you have one of these merchant processors, you are going to be absolutely golden. the other awesome thing that they provide is chargeback protection. now, they did not pay me for this- it's not an ad, but i absolutely love them and, as you can see, i actually have my own account here and this is how the back end looks like, so i'm going to show you a little bit over in the back end, you have the credit cards here for if you want to take a payment manually, you have electronic checks, recurring payments. if you're getting somebody on a subscription, you have your customer vault, which is all of your customers, invoices, apps, collect, checkout. if you're gonna get like a draft order or somebody's gonna buy from you at that something that's not on your shop, you got the product manager for your products, other services and transaction reports. you can click on that and see how much money you're actually making with your easy pay account. now the other cool thing that they provide is chargeback protection. so chargeback protection- let's say that in one week you get three chargebacks. instead of those chargebacks posting as chargebacks, they post as a as a request for a chargeback, and when you get those chargebacks, you either tok to the customer or you decide just to refund the payment and then it doesn't get posted as a chargeback as it would on stripe or paypal, like a dispute on paypal, so it actually just gets posted as a request. you can refund it, it's refunded and you're done and your merchant, which is the one that easy pay connects you to. they don't actually put that charge back through and affects your account and can get you potentially banned. so also that chargeback protection is absolutely amazing. their support is also really good. so if you have any questions, you can just email them or call them, and their team is very small, so i don't want to really pressure them too much by sending them too many people, because their team is like two to three people. they're actually dealing with a lot of clients. they're great, i love them and if you're looking for a much better solution, specifically for scaling. easy pay is definitely something that i recommend for you. now, let's say that you're from a country that does not support stripe paypal and maybe you applied for easy pay and they told you: yeah, we don't accept people from algeria. let's say then you kind of are stuck in this limbo of what do i do? i want to start making money, but i don't have a payment processor. there's also other payment processors like to checkout, which is pretty terrible. so what do you do in that moment, thinking, what am i going to do? well, the the thing that you might want to do, and that i highly recommend you to do has worked for a lot of my students- is to actually incorporate a company in the united states. you can do that with a company like legalzoom. it's a huge company, billions of dollars they make and, for example, i'm in the united arab emirates, in dubai, right now, and when you go to the website to legal assume it'll populate to your website- us legal help for businesses and families in whatever your country is. specifically if it's a country that is not a stripe uh country or as a paypal country, you can definitely just start an llc. you can go to the llc tab right here and then, after you click on the llc, you just put what you want to call your llc. so let's just put um youtubers united or youtube viewers united, check availability, and then you want to put an estate. i would recommend you do a lot more research on this. the best states depend on your partikular situation. so you might want to choose wyoming if you want to have a little bit of an anonymous aspect to your llc. you might want to choose arizona if you want more of not being anonymous but having a lot of protection. so it depends. let's say we put it in arizona, which is one of the best states to incorporate a company, unless you live in arizona. if you live in arizona, then it's it's a different deal. but let's say that right here, youtubers viewers united appears to be available and then you can click on get my llc and actually pay for it. so if you pay- i think it's around 200 to 300 for the slow moving process- you get your own llc, your own legal company in the united states. now this doesn't help you that much because you don't get a bank account, you don't get a stripe account, nothing like that. now you need to go through the process of getting a bank account, getting your payment processor after your llc is done, really quick. youtube is making me do this, but if you're enjoying this content, please subscribe. hit that notification bell, because youtube is being really weird about how they show you my videos. so make sure you hit that bell and like the video and comment below your questions about payment gateways. i'm happy to answer them. keep watching the video. now, other services that i'm toking about here also apply to you regardless of where you're from in the world. i'm a us citizen and i don't live in the us, but i still have the us citizenship and even though if you are us citizen or you're canadian citizen, or you're from africa, or you're from europe or you're from asia, whatever it is all these things actually,

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BEST Payment Gateways For Dropshipping In 2021 | US & NON US Residents | Stripe & PayPal Alternative

payment gateways and drop shipping. it is probably the biggest love-hate relationship that i see in e-commerce and people just getting started with drop shipping. should you be using stripes? should be using paypal? should you be looking at different merchant accounts to be approved so you can actually take sales right? in today's video, what we're going to be doing is walking you through, step by step, exactly what you should be doing if you're somebody that maybe lost the stripe account, lost a paypal account, or you're somebody that is just getting into drop shipping and things that you really need to be aware of to make sure that you don't fall victim to stripe holding your funds or paypal holding your funds. [Music]. [Applause]. if you're just tuning in to the ecommerce empire builders for the first time, my name is peter peron. i give you a huge, huge, huge welcome. every single video. we do a giveaway here. today's video winner is gonna get a hundred dollars completely for free to their paypal account. all you have to do to enter this giveaway is drop a comment down below on today's video, make sure you're subscribed and, most importantly, you want to see if you make that money right. so hit that notification bell and tune into the next video to see if you're that lucky winner. okay, and we'll be announcing our last video giveaway winner during this video, so make sure you're paying attention through the whole thing. all right, guys. so those of you that are just getting started with drop shipping and ecommerce, today's video is not to scare you. it is to prepare you for things that happen in business. right, you know people get their paypal funds held. you know people get their stripe accounts shut down. these things happen in business. the same thing that happens with advertising and facebook. right, you lose business managers, you lose ad accounts, right. but here's the thing that i really want you to take away from this video before we go over the shoulder here is that those things expect them in business. right, hiccups happen, but what are you gonna do when a hiccup happens? are you just gonna quit, wrap up, close up shop, or are you gonna gonna figure out creative ways to keep going and continuing to be able to take payments, continue to be able to take, continue to advertise? right, that's what today's video is all about. it's to prepare you for this. now, here's the thing: it is important to have these things set up before they happen. okay, this is huge. this is huge. i wish somebody told me this right years ago, because i would always be like, hey, you know what? stripe will never ban me. paypal's never gonna ban me. you know i, i'm always, you know, giving my refunds. i'm never, you know i'm i'm playing by the rules. but here's the thing: when you think it could happen to, when you don't think it could happen to you, it will happen to you, right? so it's important to have these kind of redundancies in place in your business, whether it's backup, uh, payment processors, backup stripe accounts, backup paypal accounts, backup merchant accounts, backup business managers, ad accounts and all these things as a just in case. think of these things as an insurance policy for your business. that's why i look at them right. so i don't want these things to happen to you where you lose an account or or you know something goes wrong and you're not able to take payments. imagine that, guys. imagine you're making 100 a month and all of a sudden that gets cut off, right, and you don't have a backup plan, right? so these are where these things are so important for you to have in place, especially as you grow as a business owner, as a ceo of your company, is to have these, these kind of you know backups in place so you can continue your business. uh, going right one of anything in business is a terrible thing, especially when it comes to payment processors, especially when it comes to ad accounts. right, because you know things happen in business, so we're gonna go over the shoulder right now. i'm gonna give you my recommendations on how to set things up for yourself. alright, guys. so first things first. if you're just getting started in dropshipping, you're just getting certain ecommerce, the absolute best gateway to get started. with every single funnel that we build, we launch. we start with stripe. now, again, you've probably heard some horror stories out there. maybe you're watching this video right now because you lost and you got banned from a stripe account for drop ship. you're using your drop shipping business, e-commerce, whatever reason. here's the thing stripe is- has made it so easy to be able to take payments online. it didn't used to be like this: okay, you just have to go through- you know- paperwork and legal work to be able to set up shop and take people's credit card information. but stripe came out and it just made it so easy. right, any one of you watching right now- right, you, you probably went to stripecom, you opened up a stripe account within a few minutes you integrated to your shopify store or click funnels or whatever you're doing, and you're able to take payments just like that. right made it so easy for us. now, with that comes a lot of the cons right, because with stripe right they are going to always have their best interests in mind. so if your dispute rate or your charge backer, your refund rate, becomes super, super high, they're typically banning you. and that's the biggest issue that i see with drop shipping is that people you know aren't refunding the customers, they're getting a lot of chargebacks and they get their stripe account shut down. now that's a conversation for a different video, which we already have, dealing with chargebacks or refunds, how to properly handle disputes. we'll leave it in the corners of this video. check that one out if that's something you're dealing with after this video. okay, so first things first. if you're getting started with drop shipping, the absolute best payment process to get started with is strive. you can literally head over to strive, create an account and, just like that, you can integrate that with your funnel pages and whatnot. okay, now again, if you play by the rules, you should be safe. okay, you should be safe. now, again, you have to play by their rules. okay, all the time, you have to play by the rules. now, as a second payment processor, what you want to do is then do paypal. now i know what you're probably thinking. some of you are like: no, absolutely not, i'm not taking paypal payments. i get it. some of you have had terrible experiences with paypal. we're gonna be toking about some other merchant accounts that you can use that. we're using um as backups, but stripe and paypal are the best payment gateways to get started with in a drop shipping business, an ecommerce business, for a beginner. why? because they're the fastest way to get set up. right, instead of going through the merchant account process and, you know, going through all that paperwork which could take, you know, up to 30 days to be approved for, right here you can have your whole business up and running within what an hour. right, get this stuff integrated and you're done. so, first things first. stripe and paypal are the best gateways to get started with with your drop shipping business. now, i get it. some of you are coming here and you lost your paypal account. they're holding your funds. now this holds on on accounts: paypal holding your funds, stripe holding your funds. those things happen when they start thinking that your account is high risk. so if your dispute rate goes up over a certain level, they will hold your funds right because they need to protect themselves. they need to make sure that they're able to refund their customers for the dispute rate, okay, okay. so again in that corners of this video we will leave a link to that video on this channel: that toks about chargebacks, disputes and all those things. check it out. if you're dealing with something like that after today's video now, if you already have a stripe account, a paypal account, and either one of those was banned or you're somebod,

Top 10 Shopify Payment Gateways to Use in 2023: What Payment Gateway to Use for SHOP🔶E-CASH S3•E116

I want to tok to you about the top 10 best Shopify payment gateways to use this year. [Music], [Music], [Applause], [Music], [Applause], [Music], [Applause], [Music]. welcome back, folks, to another edition of. yes, I'm sorry, can we show how are you today? I hope you are doing fantastik. I'm doing marvelous. if you were to ask me if you are doing as great as I am, go grab a cup of coffee or a tea or vodka and let's roll [Applause] into this conversation. I want to tok to you about the top 10 best Shopify payment gateways to use. okay, and number 10: we have corner. so corner is basically an excellent Shopify payment solution that is very simple to use and they are constantly innovating to Desert- really good. by the way, just a side note, clana also offers the buy now, pay later service, but this is not- this is beyond the purview of today's conversation. so, with regards to pricing, clowna tiers, their price, their price implants are very simple. okay, and so here are the pros and cons. the pros: they offer a seamless checkout experience without the fact that they have an easy and fast integration with Shopify. okay, and there is a constellation of uh of options in terms of installment payments for your clients, which is really good. they have low transaction fees. okay and uh. as a Shopify store owner, you'll receive complete payments at checkout. in terms of con, we believe that they have to work on their customer service. the customer support is very sluggish, so this is something that Clara has to work on. number nine: we have verified our score: 7.7 over 10.. so Clara was 7.3 and verifone 7.7 over 10.. so verifone was formerly known as two checkout. so this is the Shopify payment method that is not as popular as most of the other payments I will be discussing into this conversation, but it is what it is. they are still there. they are. they. sometimes they kick ass. this is really good. now, this Shopify payment options. I'm toking about verifone. they allow you to choose and pay for only the features your business needs- okay. they also have a risk management and compliance section that helps you track potential fraud and privacy issues. okay, and it has a task calculation feature that makes it very easy for you to manage your taxes. so if you care about taxes- and you should anyway- you want to consider it very far. okay. now verifone is free. however, you will be charged a fee for each transaction you process. okay and uh. here are the pros and cons. Pros: they use a flat rate, pressing structure, they have Global reach and they support a wide constellation of payments. what about accounts? well, this verifone service is not available is not available, for it is now available to Shopify store owners who sell products considered to be high risk. okay. now, if you want to know more about the high-risk products, you want to contact the viral phone and they'll let you know. number eight we have here. World paid our score: 8 over 10.. so workplace really is basically a Shopify payment provider that has built a reputation for for providing a wide range of secure transaction channels for small and large Shopify stores, so it doesn't matter the size of your store. you are good to go with the world pay, okay, and so this payment method allows you to sell your products online, accept payments online, over the phone or in their credit or debit cards- okay. and one thing we have seen here is that they do have a two pricing- pricing plans- and the price changes all the time, but it's around twenty dollars and fifty dollars a month. okay, respectively. so they have the standard pricing and the advanced gateways- okay. and the best part, in our view, is that world pay supports over 100 to 120 different currencies. think about that. in addition, they don't charge you for refunds, so this is really fantastik. so here are the pros and cons. pros: they have a reliable customer service. they charge you based on the number of sales you process. they have top-notch fraud protection features and they are available in more than 120 countries- 100 or 120 in this, you know, in that range. here are the cons. they do have an ambiguous pricing structure. this is something they need to work on. transparency is very important. pricing transparency, okay. well, pay. if you're listening to us, you want to change that, and the information on the website is also is not very transparent, so please work on your transparency. wallpaper number seven: we have here opio or Arpaio, 8.1 over 10.. so actually, for those of you who are familiar with sage pay, this was formerly known as stage Bay and today they were actually known as opay or pie. okay, and it's one of the most popular Shopify Payment Solutions available to merchants in the US and the UK. okay and uh, the. they have a unique pricing structure. that is the weight, different from other Payment Solutions, and their processing structure is is tiered. okay, it depends on the transaction, the transaction volume you actually process every month. okay, and so here are the pros and cons. the pros: they have an excellent customer support, user friendly, okay, and the: they integrate very easily with the Shopify. and, uh, they have a cheap pricing structure. here are the cons: they do have a long account verification process. it takes it takes like forever for them to verify the whole thing and we have seen people actually complain that it takes them up to five weeks to verify. so this is kind of crazy. and uh, if you are listening to us, you want to change that ASAP. number six: we have Amazon pay. our score: 8.5 over 10.. now, Amazon thing, in our view, is another excellent Shopify Payment Processing Gateway. okay, and uh, it's very easy to set up and it allows your customer- your customer- to check out using their Amazon account, okay. okay, now this payment method is available worldwide and transactions made by your customers using the payment method are very quick and reliable. okay, and we know that Amazon Pay customer support service is very high quality. okay, now the transaction. the transaction fees are very clear: 2.9 plus 30 cents per transaction. okay, here are the pros and cons. pros: it's very easy to use. okay, as a store owner, you have access to Amazon fraud protection system. it's very easy to set up and integrate into Shopify and it saves customers the stress and time that comes with inputting car details. what about the cons? well, it does require an Amazon account for payments- okay, and PayPal payments are not supported and you have a high risk of your account being shut down on suspicion of flouting Amazon's rules. so you basically are at the emergency of Amazon, really. but if that's what what you want, that's fine. so Amazon pay- 8.5 over 10.. number five: we have authorizednet. our score: 8.6 over 10.. so, when you think about authorizenet- this is a service, by the way, by Visa- okay. so we are toking about a very excellent and trustworthy Shopify Payment Processing Gateway- okay, and we love the fact that they have a lot of uh features. it's very easy to use, okay and uh. they support online payments processing, E-Check processing, Mobile payment processing- okay. so there's something you need to think about and it support. it also supports a constellation of payment options. I'm referring to Visa, JCB, Discover, Mastercard, dinners Club- okay and uh. I mean downers Club, downers Club in the American Express- okay and uh. so it is very secure, also, okay, and they have a great pricing structure. usually they want you to. they have a set of fee of 49 and a 2.9 plus 30 cents fee per transaction. here are the pros and cons. pros: they do cover a wide constellation of currencies and payment options. okay, they have a robust fraud protection, fraud prevention and security system and they have excellent customer service. here are the cons: the think here is that authorize that and that may be a little more, a little bit more expensive for some store orders. okay, and as a Shopify store owner, you may find it that they're all in one option confusing, but that if that's what you want, hey, go for it. foreign nine over ten. so when you think about Square, I want you to.

How to Do Dropshipping without Stripe, PayPal and Shopify Payments

hey guys, this will show how to do drop shipping without stripe and PayPal. and this is one of the most painful topics for job shippers and one of the most painful problems that they have. because if you do drop shipping, eventually, if you do all the things right and especially high-volume- you know drop shippers, you do the product research, you structure your processes, you, you do the creative, you do the advertising strategy, so eventually you get money right and you get a lot of sales and so that money is pretty much goes through payment processors as like a middleman between you and in a person who pays you, and oftentimes that causes a lot of problems. [Music]. [Applause] [Music]. with paypal, we we have like mob of seven figures, like if you add all of the accounts we have like on halt and all the issues we had we strive. for example, we had hundreds of thousands of dollars like in reserved. we had our accounts canceled. like one of our accounts had like two hundred thousand dollars on. it got cancelled. we've been hating for it, like for first six months to get our money. like that was pretty much like stok in there and like it was a good situation for us because we we didn't like need that money, like it's a specific point, but not everyone has, you know, a lot of cash that they can like. wait for six months to get one of our students in our community commerce killing secrets if you're not in there like and you do like good volume was with drop shipping, with e-commerce, and you're definitely losing a lot. so make sure you check out the links. any comments? so we have you have to apply for a free strategy session. we'll see if that's a good fit if you want to scale your business to the next level. now back to the topic. so he had like 100 thousand dollars locked inside of PayPal and then, you know, people said, okay, it's like six months, you have to wait for that money. okay, so he was waiting, coming here at hazard cash flow. he was, you know, basically using that to to generate sales in profit. but then what happened? like after six months paper like basically day where they had to release the funds paper from their side files the dispute with him for the same like almost full amount. like it was like ninety thousand dollars, like for almost for the full amount. so he pretty much had, you know he's now like goes through the whole. I I told him like you need to get a lawyer, you need to go through this whole like process because it gets like complicated. but that's what happens and a lot of you guys like have had the exactly same problem. I had the exactly the same problem. I want to show you exactly how to mitigate that problem and not how to not have that risk. and if you guys, if you want to have the PayPal kind of like how to avoid the PayPal holes and how to streamline this part of the business, there should be like a video somewhere on the screen so you just click on it and view the video and you get that covered. if you spend your time- or even like someone on your team spends their time fighting for your own money, right that you have locked inside of like PayPal or stripe and kind of like having this like constant conversation, it's not the best use of your time, because your time should be spent growing your business, finding your first, finding new products, structuring your team, like building the infrastructure, processes, systems, automation- so you better dedicate your time to that. so I would recommend like, if you're starting a business, it's something you guys just like starting, maybe you do like a few hundred dollars a day in sales, mm. like it's fine, like to use PayPal, but like fifteen to twenty thousand dollars. that's where I would recommend you. you stop using PayPal and and like now, like a lot of you guys, like, oh, I mean, if I remove the paper, that's what everyone believes, if I remove the PayPal, my sales will go down, the conversion rate will drop and that's what everyone believes, that's what everyone believes in and so, but it's not. it's not the case like, for example, you get, like one of her students at select, written by you, like 200, 300, 500 thousand dollars per month in sales. they're moved PayPal. I mean the conversion rate has dropped a bit, but it's still profitable. they're still advertising. who is like thirty, thirty five percent profit margins and so that's not the most important thing. so if you're in this situation, if you don't want to put your business in jeopardy, and especially if you do like high volume, if you do with, say, 10, 20, 50 thousand dollars a day, you don't want to be in that position unless you have very good relationship with them and kind of like maybe you have someone in in PayPal or some rep like you'd have some conversation, but where it's like structured and you won't get banned, then you can do it. but other than that, like, I would not recommend, if you beyond 15 to 20 thousand dollars in revenue, I would recommend you just get rid of PayPal. but if you're still using it, there should be video again. guys, like, check out how to avoid the holes now. and for Shopify payments, it's good it's, I mean, if they take the percentage of the transactions. so, like stripe, it's kind of like the most important option for all the payment matters. I mean, I would recommend that you have like two payment options. I'll give you some alternatives to those so you didn't have to rely just on standard one. so, for example, Shopify payments- if you have issues with those, or all right, strike, you don't want to have issues with those like then you can utilize the ones that you know. I recommend because, again, like, this is the most important part of your business, guys now I strongly recommend you have at least like two payment systems so, for example, even if you're not using it, but in case you have some challenges with stripe, you just quickly switch the payment options right on you own, your own, your store and just get, continue to sell because it Delaine, let's say, I do like ten, twenty thousand dollars a day. I mean that delay, let's say you stop for like two, three days or like a week. you'll get another payment processor sorted. it just wasted money, right. so you don't want to be losing that opportunity, especially if you are like doing this in volume, so do with the. do another. like always have another backup option. I'll share some of the backup options that you can have, but always have a backup option for your pendant processors. so the first one I would recommend to you is like otherwise that I mean they integrate with pretty much everything that you can imagine. they have like pretty nice interface. their support is is very good. they will not let you down like stripe, so you you can actually you can actually get in touch with them, and so that's that's what I would recommend. authorize that so you can check it out. one drawback which is, I mean, but this is common, this is normal, so you have to- you need to have like a like business incorporated. you'll have her like extra fees, like one or two percent who Shopify, so that's kind of like another drawback, but you need to have your business incorporated either way. I mean, there's there's some monthly payment, get some. there's some monthly fee for the service, but you just can. you just apply and the end is worth it. right, like having this backup option in case you need it. just simply worse, it next one that work well for me is easy pay direct. I mean the way it looks, but they do a good job. you need to like approximately hundred thousand dollars in sales to apply smoothly percent, but they're people which made it was even less so with death on the worst shot over like with payment processors that you can, you can use. it's like if you already have the processing volume with an on services like stride, for example, if you just like import, like all of the processing click stats in history and you, you know you send it to them, then it should be like very easy for you to get a proof because, let's say, you do hundred thousand dollars per month. I mean they see that if you work with them they can make money on this alread.