Stripe and Shopify: Unbeatable E-commerce Duo
Hey everyone, it's Adil and welcome to my first video on this channel! I'll be sharing a lot about e-commerce, Facebook marketing, Shopify, dropshipping, and other related topics. But for my first video, I wanted to talk about payment processing and how to set up a Stripe account.
I've noticed that many non-US dropshippers and e-commerce sellers struggle with payment processing, as there are limited options available. That's where Stripe comes in – it makes payment processing much easier, no matter where you are in the world.
In this article, I'll walk you through the exact process of setting up a working Stripe account from any part of the world. But first, let's go over some important points:
- Stripe is a great payment processing option for e-commerce and Shopify businesses
- Having multiple payment options is important, and Stripe can help you avoid losing money if your PayPal account is frozen
Steps to setting up a Stripe account:
1. Get a US phone number: Use the TextFree app to get a free US phone number that you can use to validate your Stripe account.
2. Create an LLC: Form an
BEST SHOPIFY PAYMENT GATEWAY ALTERNATIVES to Shopify Payments & Paypal: Shopify Dropshipping 2021
In this video, the speaker discusses the important topic of payment gateways, specifically for businesses that are making six or seven figures. The speaker talks about the issues with payment processors like Stripe, Shopify Payments, and PayPal, and shares recommendations for better payment gateways.
1. Importance of Stripe, Shopify Payments, and PayPal in the beginning:
- Customers prefer to pay with these payment processors in the beginning stages of a business.
- Using these payment processors makes it easier to get sales.
2. Exploring better payment gateways for scaling:
- Once a business starts to scale, it is important to explore better payment gateways.
- Easy Pay Direct is recommended for better payment gateways as it connects you with a merchant processor and provides chargeback protection.
3. Workaround for countries not supported by payment processors:
- Incorporating a company in the United States with a service like LegalZoom is recommended.
- After incorporating a company, businesses can create a bank account with Mercury or Transferwise Borderless to apply for payment processors like Stripe.
The speaker provides a solution for businesses that face issues with payment processors and recommends incorporating a company in the United States and exploring better payment gateways like Easy Pay Direct. They also suggest using Mercury or Transferwise Borderless as a workaround for countries not supported by payment processors.
Partnership as a strategic function w/ Elsa Said-Armanet, frm Partnerships @ Stripe, Twitter, Google
Partnerships and ecosystems play a crucial role in the tech industry, especially for startups. By leveraging existing resources, startups can rapidly build new propositions and reduce the value of incumbency. Partnerships cover a wide range of functions within a company, including product, distribution, content, and strategic partnerships. Product partnerships are essential for startups to develop an innovative product, and distribution partnerships are crucial for growth and revenue. Ecosystems foster innovation, and large corporations are building accelerators to tap into the future vision and innovation of startups. The COVID-19 pandemic has disrupted businesses, but partnerships managers can anticipate and learn by doing to maintain relationships and provide rapid solutions for their user base. In conclusion, partnerships and ecosystems are critical in the tech industry, and partnerships managers must be creative and adaptable to foster growth and innovation.
Does Shopify Payments (STRIPE) Actually Prohibit Dropshipping?
Hey guys, in today's video we're discussing Shopify, Shopify payments, processing, and dropshipping. Specifically, we'll be answering the question: does Shopify actually ban dropshipping? Let's dive in!
- Shopify vs. Shopify payments
- Does Shopify ban dropshipping?
- Shopify's promotion of dropshipping
- Stripe's list of prohibited businesses
- Shopify payments' list of prohibited businesses
- The absence of dropshipping in Shopify's prohibited businesses
- The issues with dropshipping (quality, shipping time)
- Why dropshipping is considered high risk
- The importance of proper dropshipping methods
- The impact of excessive returns and chargebacks
- The need for backup payment processors
- Options for payment processors (Stripe, Shopify payments, PayPal, Charge Comm, etc.)
- The importance of understanding policies and regulations
- The potential consequences of violating policies
- The importance of proper dropshipping methods to avoid being shut down
UPDATED 2022 Shopify payment & Stripe legally for non supported countries and non US-resident
Hello everyone, my name is Agile and this is my first video on this channel. I will be sharing tips and tricks about e-commerce, Facebook marketing, Shopify, and dropshipping. However, in this first video, I want to talk about payment processing and how to use Stripe to process credit card payments from any part of the world.
- Stripe makes payment processing easier for non-US dropshippers and e-commerce business owners.
- Having multiple payment options is important as relying solely on PayPal can be risky.
Steps to set up a Stripe account:
1. Get a US phone number through TextNow.
2. Register an LLC business in the US as an alien/resident.
3. Obtain an EIN (Employer Identification Number) from the IRS.
4. Use a physical address in the US (can be obtained through a cheap service).
5. Open a US bank account through Payoneer.
6. Sign up for a Stripe account using the above information.
- Use Transferwise to receive and send money from different currencies.
- Transferwise Borderless account allows for bank account details in 28 different countries.
- Following these steps will allow for a legitimate and safe Stripe account.
- Having multiple payment options, including Stripe, is important for any e-commerce business.
- Transferwise Borderless account is a useful tool for international money transactions.
Stripe vs PayPal - The Best Solution to Increase Sales Conversions
In this video, Satwan compares Stripe and PayPal from a different angle, focusing on how the two payment systems can help businesses increase sales conversions and provide a convenient checkout experience for customers.
Key Findings from Nielsen's Research on PayPal:
- Customers are 2.8 times more likely to convert when PayPal is visible as a payment option.
- There is a 19% increase in unplanned purchases when PayPal is a payment option.
- Merchants who display PayPal can see a 13% increase in repeat purchases and higher average orders.
- PayPal offers a 90% sales conversion uplift in the electronics category, a 65% uplift in clothing and fashion, and a 28% uplift in health and beauty.
- Stripe is a highly capable payment platform that can be added to almost any online e-commerce platform or website hosting platform.
- Stripe offers extremely fast checkout with Apple Pay and Google Pay.
- Stripe can be both simple and complex to set up and run, offering simple checkout functionality as well as sophisticated workflows for more complex businesses.
Offering PayPal as a payment option can significantly increase sales conversions, and Stripe is a highly capable payment platform with strengths in both simple and complex payment workflows. Businesses should consider implementing these payment systems to increase sales conversions and provide a convenient checkout experience for customers.
Shopify Partners Go Global: Why and How to Make Referrals Across Borders
Welcome to the Shopify partners go global webinar, where we will be discussing how Shopify is making it easier for merchants to reach new markets by removing barriers to going international. Brennan Lowe, the Director of International Markets for Shopify, will be leading the webinar and sharing insights on the future of global commerce, Shopify's expansion into international markets, and how partners can begin referring merchants across borders.
To begin, it's important to note that the trend towards global commerce is growing rapidly, with 70% of e-commerce growth in 2018 happening outside of North America. Alternative payment methods are also on the rise, with over 50% of purchases expected to be made using them by 2020. Additionally, by 2022, it's estimated that 20% of all e-commerce sales will be cross-border. Shopify has invested heavily in expanding into international markets, with a focus on France, Germany, Japan, and Singapore. To ensure success in these markets, Shopify has prioritized localization efforts, including language translations, local shipping methods, and payment gateways.
Shopify has also made significant improvements to its product offerings, including local orders and shipping solutions in the Shopify app store, which helps merchants find the right products and integrations for their specific needs. The Shopify team has also spent time understanding local nuances and logistics networks in these markets to provide tailored solutions to merchants. For example, in France, it's common to select pickup points instead of having packages delivered directly to one's home, while in Japan, convenience stores play a vital role in payments and logistics
- Hide Shopify Icon
- eBay vs Shopify: Which Platform is Best?
- Testing Your Shopify Store: Tips & Tricks
- Shopify Outage Map: Real-Time Service Status
- Try Shopify free for 60 days!
- Shopify Taxes: Do You Pay?
- Boost Your SEO with Shopify JSON-LD
- Free Shopify Store Conversion to Mobile App
- Streamline Shopify Reorders