Shopify & PayPal Integration

Shopify vs Paypal - Which One Is Better?

In this video, Marcus discusses the comparison between Shopify and PayPal. He shares his recommendation, compares fee structures, and talks about the features of both platforms.

Recommendation:

- Have a payment processor as a backup.

- Use Shopify payments if possible.

- Use PayPal as a secondary option.

- Use Stripe as a backend.

Fee Structure:

- Shopify payments are not available in all countries.

- PayPal charges 3.4% plus 45 cents transaction fee on every order.

- Shopify charges an additional 2% fee if using PayPal.

- Shopify basic charges 2%, Shopify advanced charges 0.5%.

Schedule:

- Shopify payments reserve payouts for 3 business days.

- PayPal reserves payouts for 5-7 business days.

- Shopify provides automatic chargeback response and fraud analysis tools.

- PayPal offers seller protection but may lock accounts.

Both Shopify and PayPal are good platforms to use for e-commerce. If possible, use Shopify payments and have PayPal as a backup. Be aware of the fees and use Stripe as a backend. Shopify provides automatic chargeback response and fraud analysis tools, while PayPal offers seller protection but may lock accounts. Always be careful and have a backup plan in case of any issues.

Everything You Need To Know About Setting Up Your Shopify Payments 2021

In this video, Hannah Garner explains how to set up Shopify Payments and answers common questions related to getting paid on Shopify. Here are the main points she covers:

- Hannah introduces herself and her channel, which covers e-commerce and making money online.

Setting up Shopify Payments:

- To access Shopify Payments, go to the Settings tab and click on Shopify Payments.

- Shopify Payments is a payment processor that's already integrated with Shopify.

- To set up Shopify Payments, provide basic information about your business, such as your name, address, and business type.

- You can also set up PayPal as a payment gateway for your customers.

- Hannah recommends enabling all credit card options to avoid forfeiting sales.

- Make sure your bank account is linked to your payout details and set your payout schedule.

- Ensure that your customer billing statement is clear and recognizable to avoid disputes.

- Enable notifications and fraud prevention measures.

- Set your payment capture to automatic to avoid manually authorizing payments.

Fees:

- Merchant fees are charged on all credit card transactions and are usually around 3% plus 30 cents per transaction.

- Make sure to factor these fees into your profit margins.

- Hannah shows how to view your payout and fee history on Shopify.

Other fees:

- In addition to merchant fees, you may also pay for shipping fees and any apps you use on Shopify.

- Hannah encourages viewers to like and subscribe to her channel for more e-commerce content.

PayPal Almost Killed My Shopify Dropshipping Business

Title: Why I Stopped Using PayPal for My Dropshipping Business

In this article, I will share my experience of why I stopped using PayPal for my dropshipping business and switched to Shopify payment gateway. I will discuss the problems I faced with PayPal and how it affected my business. I will also explain how switching to Shopify payment gateway has affected my business.

Problems with PayPal:

- PayPal put my account under investigation and withheld over $7,000 of my profits.

- They asked for a lot of documents, including registration papers, ID, and invoices.

- They did not give me any explanation for why they put my account on hold.

- They did not respond to my messages for over a day.

- PayPal has a history of withholding and seizing money from legitimate companies without explanation.

Switching to Shopify Payment Gateway:

- I was scared to switch off PayPal as it could make or break my business.

- I decided to switch to Shopify payment gateway and only allow credit card payments.

- Surprisingly, sales did not slow down after switching off PayPal.

- In fact, my conversion rate increased, and I had one of the best days in terms of conversion rate.

If you are facing problems with PayPal, do not use it. Switch to a different payment gateway like Shopify. PayPal has a history of withholding and seizing money from legitimate companies without explanation. Switching to Shopify payment gateway has not affected my business negatively and has actually increased my conversion rate.

How To Setup SHOPIFY Payments (Simple Method)

In this Shopify video, Dean explains how to set up Shopify payments for your dropshipping store. He emphasizes the importance of accepting different payment methods to appeal to a wider range of customers and increase sales. The video covers the following topics:

- Explanation of Shopify payments

- Importance of accepting different payment methods

Setting up payment methods:

- Clicking on settings in the Shopify dashboard

- Going to the payment section on the left

- Selecting between automatic and manual payment capture

- Adding payment methods such as PayPal, Amazon Pay, and Shopify payments

- Connecting a PayPal account to your store

- Registering for an Amazon payments merchant account

- Providing information on your business for Shopify payments

Benefits of different payment methods:

- PayPal's zero percent transaction fee

- Google Pay and Apple Pay's convenience and trustworthiness

- Stripe's partnership with Shopify payments for credit and debit card payments

- The importance of building trust with customers by offering diverse payment options

- The potential increase in sales by accepting different payment methods.

Understanding Shopify Payment Gateways | PayPal, Stripe, 2Checkout

In this article, we will be discussing the importance of understanding Shopify payment gateways. We will explore the different payment processors available and how they work, as well as their benefits and drawbacks. Additionally, we will provide tips on how to choose the right payment gateway for your online store.

Understanding the Payment Process:

- When a customer makes a purchase on your website, they are directed to a payment gateway.

- The payment gateway collects the customer's payment information and sends it to the credit card processor.

- The credit card association, such as Visa or MasterCard, then verifies the transaction and sends it to the bank for approval.

Shopify Payments:

- Shopify Payments is the default payment processor recommended by Shopify.

- It is the cheapest option, with no transaction fees and a default credit card rate of 2.9% plus 30 cents.

- However, it is only available in select countries.

- To lower your credit card rate, you can upgrade your monthly Shopify plan.

Other Payment Processors:

- There are over 70 different payment gateways available on Shopify's website.

- Some popular options include To Checkout and Stripe.

- Each payment processor has its own rules and fees, so it is important to research them thoroughly before choosing one.

Using PayPal:

- PayPal is a popular payment processor that works worldwide.

- However, it limits you to only accepting PayPal payments.

- It is important to have a credit card processor in addition to PayPal to ensure you can accept the most payments possible.

Understanding Shopify payment gateways is crucial for any online store. By researching different payment processors and choosing the right one for your country and business needs, you can ensure a smooth and secure checkout process for your customers.

Paypal Or Shopify Payments to Process Payments In Your Ecommerce Store?

In this article, we will discuss the use of PayPal and Shopify Payments for processing payments on your Shopify store. We will also share our personal experience with PayPal and explain why we prefer Shopify Payments over PayPal.

Personal Experience with PayPal:

- We had been using PayPal for almost three years.

- When we started dropshipping on Shopify, PayPal ended up holding over $20,000 in our account.

- PayPal shut down our account and told us we would have to wait 180 days to access our money.

- We could no longer open a PayPal account with the same business name.

- This experience was scary and made us realize that we would never use PayPal again.

Why We Prefer Shopify Payments:

- We only use Shopify Payments for processing payments on all our stores.

- Some people suggest using PayPal to attract more customers, but we find that customers who want our products will use any payment method.

- Shopify Payments holds 25% of your money for a certain period of time, but this has never caused any issues for us.

- We recommend using Shopify Payments or other gateways over PayPal to avoid the risk of having your account shut down and losing access to your money.

Overall, our personal experience with PayPal has made us prefer Shopify Payments for processing payments on our Shopify store. We recommend avoiding PayPal and using other gateways like Shopify Payments to avoid the risk of losing access to your money. If you have any questions, feel free to leave a comment or contact us through our website or social media channels.