Step-by-Step Guide to Setting Up a Payment Gateway for Your Shopify Store
Table of Contents:
- Introduction
- Creating a Shopify Store
2.1. Signing up for a Shopify Account
2.2. Setting up Products and Details
- Setting Up Payment Options on Shopify
- Exploring Manual Payment Methods
4.1. Bank Deposit and Money Order
4.2. Cash on Delivery (COD)
4.3. Custom Payment Methods
- Integrating Approved Payment Providers
5.1. Shopify Payments
5.2. PayPal
5.3. Amazon Pay
- Exploring Third-Party Payment Providers
6.1. Understanding Payment Provider Options
6.2. Popular Payment Providers
6.3. Choosing the Right Provider
- Creating a 2Checkout Account
7.1. Signing up for a 2Checkout Account
7.2. Navigating the 2Checkout Dashboard
- Activating the 2Checkout Account on Shopify
8.1. Logging in and Activating 2Checkout
8.2. Completing the Account Setup
8.3. Submitting Verification Documents
- Configuring Integrations, Web Hooks, and APIs
9.1. Accessing Integrations in the 2Checkout Dashboard
9.2. Generating Merchant Code and Secret Word
9.3. Updating the Shopify Store with Merchant Code and Secret Word
9.4. Enabling Return After Sale
- Expanding Payment Options on Shopify
10.1. Accepting Visa, Mastercard, American Express, Discover, and Diners Club
10.2. Test Mode for Simulated Transactions
- Conclusion
Creating a Payment Gateway for Shopify
In this step-by-step guide, we will explore the process of creating a payment gateway for your Shopify store. Starting with the initial setup of your Shopify account, we will cover various payment options available, including manual payment methods and third-party payment providers. We will focus on integrating 2Checkout as a payment provider on your Shopify store, which allows you to accept major credit cards like Visa, Mastercard, American Express, Discover, and Diners Club. By the end of this guide, you will have a fully functional payment gateway set up on your Shopify store. So let's dive in and get started!
1. Introduction
Setting up a payment gateway on your Shopify store is essential for accepting online payments from customers. It provides a seamless and secure way for customers to make purchases on your website. In this guide, we will walk you through the process of creating a payment gateway for your Shopify store using 2Checkout as the payment provider. By following the steps outlined in this guide, you will be able to start accepting a wide range of payment methods on your Shopify store.
2. Creating a Shopify Store
Before setting up a payment gateway, you need to have a Shopify store up and running. If you already have a Shopify account, you can skip this section. If not, follow these steps to create a Shopify store:
2.1. Signing up for a Shopify Account
To create a Shopify account, visit the Shopify website and click on "Start your free trial." Enter your email address and click "Get started." Follow the prompts to enter your store details and set up your account.
2.2. Setting up Products and Details
Once you have created your Shopify account, log in to your admin page. Complete the setup process by adding your products and store details. Ensure that all necessary information is filled out before moving on to the payment setup.
3. Setting Up Payment Options on Shopify
To start setting up your payment gateway, click on "Settings" on the bottom left corner of your admin page. From the dropdown menu, select "Payment." This will take you to the payment settings page where you can configure various payment options for your store.
4. Exploring Manual Payment Methods
Shopify allows you to offer manual payment methods alongside online payment options. This is useful if you want to provide alternative payment methods that are not processed online. Here are some manual payment methods you can consider:
4.1. Bank Deposit and Money Order
If you prefer customers to make payments via bank deposit or money order, you can enable this option in the payment settings. Customers will be provided with instructions on how to complete the payment offline.
4.2. Cash on Delivery (COD)
Cash on Delivery is a popular manual payment method where the customer pays in cash upon delivery of the product. Enable this option if you want to offer COD as a payment method.
4.3. Custom Payment Methods
Shopify allows you to create custom payment methods to accommodate specific payment preferences. This can be helpful if you have arrangements with certain payment providers or need to implement unique payment processes.
5. Integrating Approved Payment Providers
Shopify has approved payment providers that you can easily integrate into your store. These providers have a seamless integration process, ensuring a smooth payment experience for your customers. Let's explore some of the approved payment providers:
5.1. Shopify Payments
Shopify Payments is Shopify's built-in payment solution. It allows you to accept credit card payments directly on your Shopify store. Setting up Shopify Payments is straightforward and only requires a few steps.
5.2. PayPal
PayPal is a widely recognized and trusted payment method. Integrating PayPal as a payment option on your Shopify store is simple and ensures that customers have a familiar and convenient way to pay.
5.3. Amazon Pay
Amazon Pay is another popular payment method that allows customers to use their Amazon account to make payments. Integrating Amazon Pay into your Shopify store provides customers with a quick and secure checkout experience.
6. Exploring Third-Party Payment Providers
In addition to the approved payment providers, Shopify allows integration with various third-party payment providers. These providers offer a wide range of payment options and can cater to specific business needs. Here's how to explore third-party payment providers:
6.1. Understanding Payment Provider Options
In the payment settings, navigate to the "Third-party payment providers" section. Here, you can view the available options for integrating external payment providers. Make sure to familiarize yourself with the different providers and their offerings.
6.2. Popular Payment Providers
There is a wide selection of third-party payment providers to choose from. Some popular options include Stripe, Authorize.Net, Braintree, and 2Checkout. Each provider offers unique features and pricing, so take your time to research and choose the one that best fits your business requirements.
6.3. Choosing the Right Provider
When selecting a third-party payment provider, consider factors such as transaction fees, security measures, supported currencies, and customer support. Carefully review the documentation and integration instructions provided by the chosen provider.
7. Creating a 2Checkout Account
For this guide, we will focus on integrating 2Checkout as a payment provider on your Shopify store. Here's how to create a 2Checkout account:
7.1. Signing up for a 2Checkout Account
Visit the 2Checkout website and click on "Sign up for free." Fill out the required details, including your website URL and business information. Follow the registration process to create your 2Checkout account.
7.2. Navigating the 2Checkout Dashboard
Once you have confirmed your 2Checkout account, log in to the 2Checkout dashboard. Familiarize yourself with the dashboard layout as we will refer to different sections for integration purposes.
8. Activating the 2Checkout Account on Shopify
To start integrating 2Checkout with your Shopify store, you need to activate your 2Checkout account and complete the necessary setup steps. Here's how to activate your 2Checkout account on Shopify:
8.1. Logging in and Activating 2Checkout
Navigate back to your Shopify admin page and click on "Activate 2Checkout" in the payment settings. This will redirect you to the 2Checkout login page. Log in using your 2Checkout credentials.
8.2. Completing the Account Setup
Once logged in, follow the instructions provided by 2Checkout to complete the account setup. This may involve providing additional business information and verifying your account.
8.3. Submitting Verification Documents
During the account setup process, you may be required to provide identification and company documents for verification purposes. Ensure you have all the necessary documents ready and follow the instructions provided by 2Checkout.
9. Configuring Integrations, Web Hooks, and APIs
To enable seamless communication between Shopify and 2Checkout, you need to configure integrations, web hooks, and APIs. Here's how to do it:
9.1. Accessing Integrations in the 2Checkout Dashboard
Login to your 2Checkout dashboard and navigate to the "Integrations" section. Click on "Web Hooks and API" to access the necessary settings.
9.2. Generating Merchant Code and Secret Word
Within the API section, locate and copy your merchant code and secret word. These credentials will be used to connect your Shopify store with 2Checkout.
9.3. Updating the Shopify Store with Merchant Code and Secret Word
Go back to your Shopify admin page and paste the merchant code and secret word in the appropriate fields. Save the settings to update your store's configuration.
9.4. Enabling Return After Sale
In the payment settings, enable the "Return After Sale" option. This ensures that customers are redirected back to your Shopify store after completing the payment on the 2Checkout page.
10. Expanding Payment Options on Shopify
With 2Checkout successfully integrated, your Shopify store can now accept major credit cards like Visa, Mastercard, American Express, Discover, and Diners Club. Here's how to expand your payment options:
10.1. Accepting Visa, Mastercard, American Express, Discover, and Diners Club
Customers will be able to select any of these major credit cards as their preferred payment method during checkout. This expansion of payment options enhances the convenience and flexibility for customers.
10.2. Test Mode for Simulated Transactions
When setting up 2Checkout, you can enable a test mode to simulate successful and failed transactions. This allows you to test the payment process and ensure that everything is functioning as expected before going live with your Shopify store.
11. Conclusion
Congratulations! You have successfully created a payment gateway for your Shopify store. By integrating 2Checkout, you can now accept major credit cards and provide a seamless checkout experience for your customers. Remember to regularly update and review your payment settings to ensure smooth transactions on your Shopify store. Offering a variety of payment options increases customer satisfaction and helps drive sales.
