Accepting online payments is an absolute must for any ecommerce business today. As a Shopify store owner, integrating a payment gateway is one of the first and most crucial steps to start selling your products or services online. Let’s dive into why Shopify is an excellent choice for Indian sellers and how you can set up a payment gateway in just a few clicks.
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Why Shopify Is a Great Choice for Indian Online Sellers?
Building an online store from scratch can be time-consuming and expensive. That’s where ecommerce platforms like Shopify come in. Here are some key benefits of using Shopify for your online business:
1. Ready-to-Use Website Infrastructure for Customers
With Shopify, you don’t need to worry about coding or designing your website. It provides a range of professional templates that you can customise to match your brand. Plus, Shopify stores are optimised for speed and performance, ensuring a smooth shopping experience for your customers.
2. Cost-Effective Setup and Operations
Compared to building a custom website, Shopify is much more affordable. You pay a monthly subscription fee, which includes hosting, security, and maintenance.
3. Compatible with Computers and Mobile Devices
In today’s mobile-first world, having a responsive website is crucial. Shopify stores are automatically optimised for mobile devices, so your customers can shop on the go. The platform also offers mobile apps for managing your store from your smartphone.
4. Access to Troubleshooting and Support Services
Shopify provides 24/7 customer support via phone, email, and live chat. You also get access to extensive documentation, tutorials, and a community forum where you can connect with other sellers.
5. Easy to Scale Your Business
Shopify offers various plans to suit businesses of different sizes. As your company grows, you can easily upgrade to a higher plan with advanced features and greater bandwidth, without any hassle.
Why Is a Payment Gateway Important for Your Business?
A payment gateway is the middleman between your online store and your customer’s bank. When a customer makes a purchase, a payment gateway securely processes the transaction and transfers the funds to your account. Here’s why having a reliable payment gateway is crucial:
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It encrypts sensitive information like credit card details to prevent fraud and data breaches, making the payment process secure for both parties.
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Customers today expect multiple payment options like credit/debit cards, UPI, net banking, mobile wallets etc. A good payment gateway will support all these methods.
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It helps you accept payments from customers located anywhere in the world, in their preferred currency.
How to Quickly Set Up a Payment Gateway in Shopify
Shopify makes it easy to integrate a payment gateway into your store. The platform supports over 100 gateways, including popular options like Shopify Payment Gateway, PayPal, Stripe, and Razorpay.
To add a payment gateway to your Shopify store:
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From your Shopify admin, go to Settings > Payments
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Click on “Add a provider”
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Select your preferred payment gateway from the list
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Enter your account details or sign up for a new account
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Activate the payment provider
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Configure the settings as per your requirements
The whole process takes just a few minutes, and you don’t need any technical expertise. Once your payment gateway is set up, you can start accepting payments immediately.
Step-by-Step Guide to Integrating a Payment Gateway in Shopify
Here’s a more detailed breakdown of the steps to integrate a payment gateway in Shopify:
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Log in to your Shopify admin dashboard.
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Go to Settings > Payments.
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If you want to use Shopify Payment Gateway, click “Complete account setup” and follow the prompts.
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To add a third-party Payment Gateway:
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Click “Add a provider”.
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Select your preferred gateway from the list.
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Click “Add provider”.
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Choose desired Payment Gateway
5.1 If you want Razorpay, search Razorpay and click “Install”
5.2 For other Payment Gateways, search for your desired payment Gateway and click Install -
Follow the steps for each payment gateway.
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Once your payment gateway is activated, try a test transaction to check if it’s working smoothly!
Tip: Keep your payment gateway credentials handy before starting the setup process. This will save you time and hassle.
Razorpay Payment Products You Can Integrate with Shopify
If you’re looking for an Indian payment solution that works seamlessly with Shopify, Razorpay is a great option. Here are some Razorpay products you can easily integrate into your Shopify store:
Razorpay Payment Gateway
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It accepts payments via Credit and debit cards, net banking, UPI, wallets, and more.
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Razorpay has a pre-built plugin for Shopify, which makes the integration process quick and easy. You can also use their API for a more customised setup.
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Enables instant settlements and real-time payment tracking for better cash flow management
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Offers industry-leading success rates and 24/7 support.
Conclusion
Integrating a payment gateway is a critical step in setting up your Shopify store. By combining Shopify’s user-friendly platform with a robust payment solution like Razorpay, you can streamline your payment process and focus on growing your business. With just a few clicks, you can start accepting payments and watch your revenue soar.
Frequently Asked Questions (FAQs)
1. Do I need a business account to set up a Payment Gateway?
Yes, most payment gateways require you to have a registered business and a current account to accept online payments.
2. Are there any charges for using a Payment Gateway in Shopify?
If you use Shopify Payments, you won’t pay any third-party transaction fees—only credit card processing fees. However, Shopify does charge additional fees for using third-party payment gateways, depending on your plan.
3. Can I use multiple Payment Gateways at once?
Yes, Shopify allows you to enable multiple payment gateways on your store. This gives your customers more options and can increase conversions.
4. Why is my Payment Gateway not showing at checkout?
If your payment gateway isn’t appearing at checkout, double-check that it’s enabled in your Shopify payment settings. If the issue persists, contact Shopify support or your payment gateway provider for assistance.
