How to Integrate Stripe with Shopify?

“There has been a very marked shift from the offline economy to the online economy.”

John Collison, co-founder and president of Stripe</cite

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The covid pandemic turned out to be a huge boost to the online economy. Many companies turned towards online business. A huge list of companies, even small or well-known ones, use band software and APIs for various transactions and run an online business. Out of all of them, Shopify’s strip of payment options stood out as the best. Almost 1.96 million websites use it. Shopify arrived almost ten years ago. Tobias Lutek and Scott Lake founded it in 2004. It is one of the best platforms to set up an online store and sell the product. When it comes to ecommerce, Shopify is unbeatable. Shopify Payments is an integrated payment processor with no need for third-party payments. At the same time, various other clearance options on Shopify come with less functionality and are quite tedious to operate. That’s why third-party payments (Stripe) come into action to simplify credit and debit card transactions. First, understand Stripe and how it works before going through all the steps to add this Stripe functionality to your Shopify account.

Process to integrate Stripe with Shopify

Stripe is a powerful payment engine where you money moves easily. Due to cloud-based band infrastructure, which comes with scalability, reliability, and security for users, it is becoming more popular among ecommerce website development companies. This way, when you see Shopify vs. Stripe, Stripe wins the battle. To manage your online store with Shopify and make credit card transactions through Stripe, you need to find out how to connect Stripe to Shopify. Here are all the steps; follow them one by one and give your business a boost.

STEP 1: Check your eligibility first

Go to your Shopify store and check if it’s eligible for Shopify’s payment requirements. Otherwise, contact the Shopify help center to resolve the issue. Shopify payment gateways aren’t available everywhere, but the list of countries that support them is growing daily. However, location is not the only restriction. It also depends on the territory where you operate. Various services and products are prohibited and not allowed for sale, such as government services in Germany, virtual currency in Australia, etc. We recommend that you review Shopify’s payment terms and services before setting up a Stripe on Shopify.

Learn how to set up a Shopify payment gateway

If you’re already a Shopify user, things are easy and you need to follow a few simple steps. It will only take a few minutes.

Here are the steps to follow:

• Sign in to your Shopify backend.
• In settings, select ‘ Payment providers.’
• Now click ‘complete your payment settings.
• Fill in your business details, product details, personal details and banking information.

All of this information will be re-verified and approved, and then you’re ready to start processing payments with Shopify’s gateways.It should be noted that Shopify may terminate your use of the Shopify payment gateway if there is any violation of their terms of service.

STEP 2: Sign in to your Shopify account

Go to your Shopify account, then click Settings at the bottom left of the screen. Then click the payment provider in your Shopify admin.

Now check for third-party payment providers.

Do you have a band gateway? If not, go back to the dashboard and click ‘General, scroll scroll down, change your country, then click ‘Save.’

STEP 3: Set up the stripe for Shopify

Go back to the payment provider, where you can see the ‘External Provider‘ dialog. Next, select the third-party provider option.

STEP 4: Select Stripe as your provider

In the third-party payment provider, select Stripe from the dropdown menu. Click the ‘dash button’ to continue.

This message is reflected on your screen.

STEP 5: Login to stripe account

Login with your stripe account and add credentials. It will take a while to fill out all the information correctly.

STEP 6: Activate Band

Click activate and you are ready to accept payments After following these steps , we hope you know how to connect stripe to Shopify. Now you can use it anytime for your future transactions.

What are the benefits of integrating Stripe with Shopify?

There are certain downsides to Stripe payments. Shopify , such as:

• Not available in all countries
• No dropshipping
• Account cancellation for chargeback rate greater than 3%
• No nudity on products

However, people prefer to integrate Stripe with Shopify because of the listed benefits.

• The integration allows credit and debit card payments from buyers at a meager price. Therefore, one does not need to transfer funds manually; the integration automates your task.

• Adding Stripe can increase availability in various countries and regions where your online business can stand out from the competition.

• Stripe offers good customer support if, in any case, something goes wrong; Connecting with someone on Stripe is more manageable than with Shopify payments.

• Sometimes Shopify’s payment gateway freezes temporarily, so Stripe acts as a savior.
• Stripe offers the strongest chargeback protection compared to Shopifypay.

Suppose you are willing to pay an additional 0.4% per transaction. In that event, Stripe will cover any monies in dispute and optimize any dispute fees without proof from you.

All these facts show that integrating Stripe with Shopify is always a good decision.

What is Stripe?

Founded in 2012, Stripe can serve as a third-party payment processor and payment gateway. Allows processing of credit and debit cards and automated clearing house (ACH) transactions. Bigger brands like Pinterest, Blue Apron, Lyft, and Under Armor have moved their commerce on Stripe and benefited. Along with eCommerce like 3Dcart, Shopify, Wix, and BigCommerce, Stripe also integrates with CRM software, billing platforms, business analytics, referral tools, accounting, shipping tools, and much more. Stripe’s integration with Shopify or any other e-commerce provides payment flexibility to customers, resulting in earning their trust.

Stripe’s Reach >

The international reach of the band is growing rapidly. It is now easily available in almost all countries. If not, you need to request an invitation to join the platform. The list of countries that use Stripe as a payment gateway is as follows:

Products and services offered by Stripe

Stripe’s functionality is simple but effective. and is equipped with extensive tools, which reduces the complexity of transactions. The list of features that Stripe offers is as follows:

Stripe Features

Stripe has become the leading payment gateway. What is the reason for its popularity? You might be thinking about it. Let’s look at some of its aspects and functionalities that differentiate it from other payment methods.

The different features associated with Stripe are as follows:

• It is online billing through Stripe billing.
• Stripe terminal to accept payments in person
• Connects Payments for Platforms and Marketplace.
• Stripe directly process personal checks sent directly from customers.
• Provides integration opportunities with over 450 platforms and extensions such as BigCommerce, Xero, Wave Accounting, FreshBooks, WooCommerce, Squarespace, etc.
• It is the source for processing sent personal checks directly from customers.
• Provides integration opportunities with 450+ platforms and extensions.

Increased popularity of Stripe

Stripe, a third-party payment solution, is now designed for many e-commerce platforms to transact. A long list of companies, including Amazon, Glossier, Shopify, Slack, and Under Armour, accept payments from anywhere in the world using Stripe’s software tools. Stripe’s list of star-studded investors includes Elon Musk and Peter Thiel. Stripe also tops the most valuable silicon value companies, with $95 billion after the fundraiser. All of these facts validate the growing popularity of Stripe. Let’s discuss the experience of web developers, vendors, and customers using Stripe as a payment gateway.

• Web developers love this platform due to its ease of use and customization.
• It also allows developers to control the look and feel of the entire checkout process.
• Stripe has very professional customer support. Clients can easily integrate with the team via email, chat and on-call.
• From the client’s point of view, using it as a payment gateway is relatively easy, as they are not redirected from the website while making payments.
• As it is available in more than 38 countries, vendors are using Stripe to expand their customer base.

The comparison between the Shopify and Stripe payments The table below will help you recognize the growing need to integrate Stripe with Shopify.

In short, Shopify pay is available only to those who work in fewer countries. On the other hand, Stripe has a broader reach and supports more platforms.

How does Stripe work?

In payments From Shopify, we need a payment processor and payment gateway for online transactions. Shopify’s payment gateway stores and passes the customer’s credit card details to the processor, further processing the transaction. The amount from the client’s bank is temporarily transferred to a business account and credit card related fees are deducted from the amount. Finally, the payment is diverted to the customer’s account. Is it complicated enough? Therefore, web development companies suggest integrating Stripe with Shopify to overcome difficulties with Shopify’s built-in payment method. Things are easier on Stripe. It combines the functionality of the gateway and payment processing and provides a productive way to handle e-commerce. Simply put, Stripe is a payment processing platform that ensures the transfer of money from a customer’s bank account to your company’s account through credit and debit card transactions. It’s called a “full-stack payment processor” because it serves as a third-party payment processor and payment gateway.

Bottom line: Stripe with Shopify Connection

According to Shopify, setting up an online store on Shopify and accepting credit cards with the dash is a wonderful and deadly combination that beats other e-commerces. A combination of Shopify and stripe equips you with tremendous functionality and takes your checkout stress out. Get a thorough understanding of the Stripe and Shopify integration process. Follow these steps to get the stripe payment gateway in your Shopify account. If you have any issues, please contact APPWRK and hire a dedicated Shopify developer to resolve your queries effectively and efficiently.

Frequently Asked Questions About Stripe’s payment gateway

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