How To Integrate Stripe With Shopify?: Follow 6 Simple Steps

Have you ever been excited to check out online, only to be met with a clunky payment process? In the world of e-commerce, smooth and secure payment integrations facilitate transactions and build trust with your customers. This POST sheds light on how to set up a Shopify Stripe integration.

Stripe has become a preferred online payment processor for businesses seeking a seamless process of accepting and managing payments over the Internet.

Contrarily, Shopify is an e-commerce platform that allows one to create an online store without any problems. When these two are brought together, it will greatly enhance your customers’ checkout experience.

But why is this duo crucial? Join us as we navigate through this integration’s ins and outs, ensuring you will have a clear understanding of how to blend these powerful tools for an optimized checkout process.

Process To Integrate Stripe With Shopify

There is a very simple payment system in Stripe, which means that money can move freely on it. This has made it popular with e-commerce website developers because of the cloud-based stripe infrastructure accompanying scalability, reliability, and security. Thus, when you compare Shopify vs. Stripe payments, Stripe wins the battle.

To run your online store through Shopify and process credit card transactions via Strip, you must know how to Add Stripe to Shopify. Here are all the steps; follow them one by one and give a kick-start to your business.

STEP 1: Check Initially If You Are Eligible For Shopify Payments

First, navigate your Shopify store to see your eligibility for Shopify payment requirements. If not, contact the Shopify help center for assistance on that matter. Although many countries cannot access Shopify payment gateways, the number of such nations is increasing daily. However, it does matter where you live or operate, too.

There would also be some goods or services that cannot be sold in certain territories, for example, Government services in Germany or Virtual currency in Australia. You must read over the terms of use provided by Stripe on its site before setting up Shopify with Stripe.

Do you want to know how the Shopify payment gateway works? If you are a Shopify user, it is very simple & quick, and you can follow the following steps. You should only give it a few minutes.

Below are the instructions:

1. Log into your Shopify backend.
2. Select ‘Payment providers‘ from ‘settings‘.
3. Now, click on ‘complete your payment setup‘.
4. Provide your business, product, personal, and bank account details.

Afterward, this information will be verified and approved before you can start receiving payments through gateways provided by Shopify. It’s important to note that in case of any violation of their terms of service, Shopify may discontinue the usage of the Shopify payment gateway.

STEP 2: Log In To The Shopify Account

First, log into your Shopify account and press ‘Settings‘ at the bottom left of the page. After that, click on payment provider in your Shopify ‘dashboard‘.

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

STEP 3: Set Up The Stripe For Shopify 

Go back to the payment provider, where you will see a dialogue box with ‘Third-party provider‘ as its heading. Choose a third-party provider.

STEP 4: Select Stripe As Your Provider

In the third-party payment provider drop-down menu, select Stripe. Click the ‘stripe button‘ to keep going.

STEP 5: Sign In To The Stripe Account

To begin with, sign in using your stripe credentials. It will take some time to fill out all this data correctly.

STEP 6: Activate Stripe

Click on activate, and then you will be ready to accept payments. We would like you to know how to Integrate Stripe with Shopify by following these steps. This will further help you when making subsequent transactions in the future.

What Are The Disadvantages Of Stripe And Shopify Integration? 

Shopify payments have some disadvantages;

• Not available in every country
• Terminating account for 3%+ chargeback rate
• No nudity in products

Below are the reasons why individuals prefer integrating Stripe with Shopify.

The integration allows credit and debit card payments from buyers at a meager price. Therefore, you do not have to send money manually; it is automatic after integration. 

Once you add Stripe, your online business becomes available in many countries and regions where it can stand out against the competition. 

In case anything goes wrong, Stripe has good customer support; you can connect with somebody more easily than with Shopify payments.

Sometimes, this payment gateway freezes temporarily, but Stripe is there to save one. 

Compared to Shopifypay, Stripe provides a superior chargeback protection system.  If you are willing to pay an additional 0.4% per transaction, allow Stripe to cover any disputed amount of money and optimize any dispute fees without needing evidence submission on your part. 

All these facts indicate the importance of constantly integrating Shopify with Stripe.

What Is Stripe?

The organization Stripe was established in 2012 to offer an alternative payment gateway and third-party payment processor. It enables the processing credit/debit cards and ACH (automated clearing house) transactions. Popular business entities like Pinterest, Blue Apron, Lyft, Under Armour, and others have shifted their operations to Stripe.

In addition to e-commerce platforms such as 3Dcart, Shopify, Wix, and BigCommerce, it has also integrated with CRM software, invoicing platforms, business analytics, referral tools, accounting systems, and shipping tools. Thus, embedding Shopify with Stripe or any other eCommerce guarantees flexible customer payments, which foster trust. 

Stripe Scope

Stripe’s global reach is expanding rapidly. It is now easily accessible in nearly all parts of the world. If not, then you have to request an invitation. Below are some of the countries using Stripe as a payment gateway:

Products And Services Offered By Stripe

Stripe has a wide range of products and services. Stripe is simple but effective in its operations and comes with a lot of tools that make transactions less complicated. The list of features offered are as follows:

Stripe Features

The popularity of stripe has made it the foremost payment gateway. What is it that has caused this? You may be thinking about what that reason is. Some aspects and functionality will be shown to you, making it different from other payment methods.

Some of the features associated with stripes are:

• Stripe billing, which handles online invoicing
• Stripe terminal used to accept in-person payments
• Payments for Platforms and the Marketplace are brought together by stripe.
• Directly process personal checks sent straight from customers by stripe.
• Such platforms like BigCommerce, Xero, Wave Accounting, FreshBooks, WooCommerce, Squarespace, etc., have integration opportunities on Stripe as well as over 450 other ones.
• Customers send personal checks through stripe.
• Over 450 platforms allow for integration with Stripestripe; extensions do, too.

Increasing Popularity Of Stripe

Many e-commerce platforms now integrate stripe as a third-party payment solution for transactions. Amazon, Glossier, Shopify, Slack, and Under Armour are among the notable companies that receive payments worldwide using Stripe software tools.

The list of investors in stripe is full of stars like Elon Musk and Peter Thiel. 95 billion dollars post fundraising gives stripe a top position among the most expensive silicon value companies. All these reasons support stripe’s popularity. Discuss how web developers, sellers, and buyers perceive stripe as a payment gateway. 

They find it easy to use and customize; hence, web developers adore it.

This means that they can have control over the entire process that involves payment.

It has a very reputable customer care department. Clients can contact the team quickly via email, chat, or phone.

Using it as a payment gateway is simple because they do not leave the website to make payments.

Vendors who want more customers now use stripe since it serves over 38 countries.

To show how much stripe must be integrated into Shopify, check the table comparing Shopify and Stripe payments.

On the other hand, Shopify pay has a narrower reach and is only accessible to individuals in select countries.

Conclusion

Shopify allows you to set up an online shop and accept credit card payments using Stripe, which is one of the best e-commerce platforms. This combination of Stripe with Shopify will provide you immense business possibilities online.

You can easily integrate stripe with Shopify if you know what you are doing. Add the payment gateway on stripe to your Shopify account by following these steps.

In case of any problem, contact Cartcoders, who will offer you an efficient solution by hiring a dedicated Shopify developer who will assist you accordingly.

Frequently Asked Questions (Faqs):