When it comes to online businesses, there’s no denying that Shopify is one of the most popular e-commerce platforms used today. It’s available globally and allows business owners to track their cash flow providing Stripe as a payment gateway.
This feature is available because Shopify and Stripe entered into a partnership to offer users the ability to make Shopify payments powered by Stripe. Business owners can then use a wide range of reporting features on Shopify to extract data for their accounting software.
One of the other primary advantages of Stripe is that it uses cloud-based infrastructure. Because everything is in the cloud, users benefit from the scalability and reliability of the cloud. In addition, the service is secure and well-known for having strong measures in place to prevent fraud and abuse. Stripe also makes it easier for business users to run reports to manage their finances.
Easy Steps for Adding Stripe to Shopify
Both Shopify and Stripe are well-known among the online community. Nonetheless, while both Stripe and PayPal are credit card processing platforms, there are key differences that you should investigate before getting started. If you’re a business owner and want to accept Stripe payments through Shopify and add Stripe to your platform, the following information contains the details you need to know beforehand:
- Before you can add Stripe to your Shopify platform, you need to create a Stripe account. While doing this, make sure to check out some of Stripe’s security features.
- Once you’ve got a Stripe account in place, log into your Shopify store. In most cases, you’ll have the option to accept Shopify payments that are powered via Stripe. However, in some countries, users are only allowed to add Stripe as a second option. Based on the kind of account you have, you may not be able to link your Stripe account to the platform in any way. If this happens, you’ll need to create another Shopify account.
- Navigate to the Shopify admin page. Click the ‘Settings’ button at the bottom of the screen. You’ll see a link that says ‘payment providers.’ Once you click the link, a window will appear asking you to select from a list of third-party payment providers. Select ‘Stripe’ from the drop-down menu of options.
- Enter your Stripe email address and password. If they’re correct, you should have no problems. All you need to do is click the ‘Activate’ button and you can begin to accept credit card payments through Stripe.
By following the steps mentioned above, you can easily link your Stripe account to Shopify and start receiving payments from customers worldwide. Both platforms have taken the necessary measures to make connecting their processes easier for all users.
If you’re familiar with the Shopify app, you know that the app updates its appearance and functionality from time to time. However, Stripe’s payment processing will continue to work as it always has, so you don’t need to worry about your account when there are Shopify updates.
The integration of Stripe and Shopify makes it easier and simpler for users to manage their financial transactions, reporting, and invoicing without having to forfeit the benefits that made them turn to Shopify in the first place. If you happen to be a new Stripe user, you can rest assured that the entire process will work seamlessly for you.