Accept Global Payments on Shopify: Alternative Solutions 2023
Table of Contents
- Introduction
- Understanding Shopify Payments
- Limitations of Shopify Payments for Merchants Outside the US
- Alternative Payment Solutions for Shopify Merchants Outside the US
- PayPal
- Stripe
- 2Checkout
- PayU
- Authorize.net
- Setting Up Alternative Payment Solutions in Shopify
- Researching and Identifying Suitable Payment Gateways
- Signing Up for a Payment Gateway Account
- Configuring the Payment Gateway in Shopify
- Staying Compliant with Payment Regulations
- Conclusion
How to Use Shopify Payments Outside of the US
Are you a Shopify merchant operating outside of the United States and struggling to accept payments through Shopify Payments? Don't worry, there are alternative payment solutions available that you can use to accept payments from customers worldwide. In this article, we will explore these alternative payment solutions and guide you through the process of setting them up in your Shopify store.
Understanding Shopify Payments
Shopify Payments is a payment gateway integrated with the Shopify platform that allows merchants to accept payments from customers using various payment methods, including credit cards, debit cards, and digital wallets. It is a convenient and secure payment solution that simplifies the payment process for both merchants and customers.
Limitations of Shopify Payments for Merchants Outside the US
Shopify Payments is primarily available for merchants located in the United States. If you are operating your Shopify store from outside the US, you may not be able to use Shopify Payments to accept payments from customers. This can be a significant limitation for merchants who want to sell their products or services globally.
Alternative Payment Solutions for Shopify Merchants Outside the US
Fortunately, there are several alternative payment solutions available that you can use to accept payments from customers worldwide. Here are some popular options:
PayPal
PayPal is a widely used payment provider that integrates well with Shopify. It enables merchants to accept mobile and online payments from buyers worldwide, no matter if they sell physical or digital goods or services. PayPal supports over 100 currencies, 22 languages, and eight payment methods, making it an excellent choice for merchants operating globally.
Stripe
Stripe is another popular payment provider that integrates well with Shopify. It enables merchants to accept payments from customers using various payment methods, including credit cards, debit cards, and digital wallets. Stripe supports over 135 currencies and is available in over 40 countries, making it an excellent choice for merchants operating globally.
2Checkout
2Checkout is a payment provider that enables merchants to accept payments from customers worldwide. It supports over 45 payment methods, including credit cards, debit cards, and digital wallets, and is available in over 200 countries and territories. 2Checkout also supports over 100 currencies, making it an excellent choice for merchants operating globally.
PayU
PayU is a payment provider that enables merchants to accept payments from customers in various countries and currencies. It supports over 300 payment methods, including credit cards, debit cards, and digital wallets, and is available in over 16 countries. PayU also offers fraud detection and prevention services, making it an excellent choice for merchants concerned about payment security.
Authorize.net
Authorize.net is a payment provider that enables merchants to accept payments from customers using various payment methods, including credit cards, debit cards, and digital wallets. It supports over 100 currencies and is available in over 33 countries, making it an excellent choice for merchants operating globally.
Setting Up Alternative Payment Solutions in Shopify
To set up alternative payment solutions in Shopify, you need to follow these steps:
Researching and Identifying Suitable Payment Gateways
The first step is to research and identify alternative payment gateways that are available in your country. Look for reliable and widely used payment providers that integrate well with Shopify. Consider factors such as payment methods, currencies, and fees when choosing a payment gateway.
Signing Up for a Payment Gateway Account
Once you have identified a suitable payment gateway, you need to sign up for an account with them. Visit their website and provide the required information to complete the registration process. Follow their instructions to connect your bank account or create a merchant account.
Configuring the Payment Gateway in Shopify
After setting up your payment gateway account, you need to configure it within your Shopify store. Log in to your Shopify admin panel and go to the Payments section. Select Alternative Payments and choose the payment provider you have signed up for. Follow the instructions to connect your payment gateway account to your Shopify store.
Staying Compliant with Payment Regulations
As a merchant operating outside the US, it is essential to stay updated with payment regulations and compliance requirements for your country. Ensure that you are following any legal or financial guidelines related to accepting online payments and stay in touch with your payment gateway provider for any updates or changes in regulations.
Conclusion
By researching and setting up a suitable payment gateway and configuring it in your Shopify store, you can effectively accept payments from customers worldwide. Remember to stay updated with payment regulations and compliance requirements for your country and provide a seamless checkout experience to your customers. With these alternative payment solutions, you can run your Shopify store and accept payments with ease.
