There’s two approaches to accept bank card re re payments on Shopify.
The absolute most simple, for users in nations where it’s supported, is to utilize Shopify re re Payments, Shopify’s payment system that is built-in.
You don’t have to worry about transaction fees at all, which is great if you use this. Nevertheless, there is certainly nevertheless a ‘credit card price’ to think about: in america, you are likely to spend an interest rate of between 2.4per cent and 2.9% of each and every bank card deal (plus on some plans, one more 30c). The rate is lower (the UK range of credit card fees, for example, stretches from 1.6% to 2.2%) in other countries.
The precise price is determined by the kind of plan you’re on, using the cheapest deal charges (while you might expect) becoming available in the most high-priced month-to-month subscriptions.
Alternatively, you should use a alternative party ‘payment gateway’ to process card transactions — of which there are over 100 to pick from (much more than can be found from contending platforms Bigcommerce, Volusion or Squarespace). Continue reading
