6 Tips to Integrate Shopify Payment Gateway on Your Website
Shopify India has collaborated with over 15 of the industry’s leading payment providers. They are utilized on Shopify’s website for both local and international transactions.
However, selecting the correct payment gateway for your shop is always a critical business choice. If you are currently using Shopify India or considering doing so, here are some recommendations on picking the best payment gateway for your Shopify shop.
Shopify has worked with over 15 payment gateways in India, dubbed Shopify shops third-party payment providers, to provide ready-to-use plugin integrations. We’ve included 6 ideas in this mini-guide to help you integrate the Shopify payment gateway on your website. You can get more information on this, just click to learn more.
Things to take care of when Integrating the Shopify payment gateway on your website
If you utilize one of the third-party Shopify payment gateway mentioned above, you will use integrated plugins developed by the payment gateway providers via the Shopify API. Using these plugins, you may display all available payment methods on your checkout page and watch the progress of payment transactions straight from your Shopify India shop without logging into another account.
1) Payment methods accepted by your Shopify India shop
Internet banking, credit cards (Visa, Mastercard), and UPI are all popular domestic payment methods. Additional popular payment methods include mobile wallets such as Paytm, Amazon Pay, and Ola Money. Verify that your payment gateway accepts cards such as Rupay, Maestro, and American Express, since this will directly affect your income.
2) International commerce
One of the primary reasons businesses choose to operate their operations via a Shopify payment gateway is the worldwide reach. If you have clients outside India or consumers in India who use international cards, you must offer foreign card payments and other standard international payment methods such as Paypal.
3) Duration of payment settlement on Shopify India
The settlement length is the time required for the seller’s account to be credited after the debit of the buyer’s account. To illustrate the payment settlement cycle, consider a consumer who makes a payment using his HDFC debit card.
- The customer inputs payment information.
- The payment gateway collects information.
- The payment gateway encrypts and securely transmits the data to HDFC for verification.
- HDFC authorizes transactions, and funds are subsequently sent to the payment gateway and finally to the merchant’s account.
Typically, this procedure takes two to four bank working days. Banks are closed on weekends and other bank holidays, causing delays.
4) Processing of refunds
Return policies differ per retailer. When an order is cancelled, or a refund is required, handling it in a timely and professional manner is just as critical to customer satisfaction as the product being sold.
While a refund may be started quickly, banks and card networks processing and eventually crediting the client account takes significantly longer – 5 to 7 working days on average, and even longer for particular institutions and cards. This becomes considerably more difficult for cash on delivery orders since the user’s bank data must be collected beforehand.
5) Customer service
Shopify payment gateway providers must collaborate with you as a partner. Take a look at reviews and consult with your colleagues before settling on a specific payment partner. It’s ideal for getting a dedicated account manager who serves as your point of contact for any concerns that may occur.
6) Analytics for Shopify India shop transactions
Once your firm begins to develop, you’ll want a payment gateway that provides frequent transaction data. These indicators are necessary for making sound business judgments.
This payment gateway has designed intuitive smart analysing boards that not only summarize your transactions but also provide insights into your Payments Volume, Transactions Number, and the distribution of your payments across payment methods (Cards, Netbanking, Wallets, etc.) and platforms (iOS, Android, and Desktop). You may further study this data by breaking it down into hours, days, weeks, or months across any period.