PayPal is on Shopify, one of the many payment methods you can install on your online store. Indeed, Shopify is an online sales system (dropshipping) that requires means of international transaction. As a result, PayPal and Stripe are solutions available to you to internationalize your online business. However, it will be necessary to know the mechanisms by which you could configure this means of payment on your E-shop. So how do you set up Stripe and PayPal on Shopify? Before answering this question, we will clarify the shoppify concept, and how it works.
PayPal Shopify: What is a Shopify store?
Tobias Lütke, Daniel Weinand, and Scott Lake are the founding fathers of the Shopify online store. The idea of creating this shop was born in the years 2004. But it was not until 2006 that the project was completed.
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Compared to other online sales platforms, Shopify is very easy to handle. It will take you just 30 minutes to create your shop on this platform. Also, you will not need a special pack. You have to go to the platform and make a subscription on the long term. It’s as simple as that.
Finally, the Shopify platform has over time conquered the vast majority of ecommerce promoters. By the way, for ecommerce novices, Shopify is recommended.
How can you build your Shopify e-store?
The ease of the Shopify platform isn’t just limited to using it. This is already observed when creating your virtual store. You won’t need to go and download an app. No! You just have to go visit the Shopify site. Once on the site, try to find the virtual “Start” button. On the navigation screen, you will be able to find this button in the right corner and at the top.
Once you press this button, it will appear an information window. In said window, you will put all your corresponding useful information. The information to be filled in is the email, the password and the name of your shop. Immediately filled out and send that you have your Shopify virtual store.
In addition, it should be noted that the Shopify platform has the specialty of offering you a bonus when opening your store. This bonus covers a period of 14 days from the date your account is opened. Often, promoters take the opportunity to configure the different settings on their account or shop. Neophytes take the opportunity to have the hand.
The previous step was simply to have a place on the platform. So you can’t stop at this point. You need to complete the information in order to have a more complete shop. You will then have to provide details about your shop and the type of activity you want to conduct. This information is not definitive. You can modify them as needed depending on whether you want to change direction or improve the scope of intervention of the shop. It is the same for the different passwords that you will enter. This is already the page for the administrator and it is from there that you configure your site.
PayPal Shopify: Shopify Store Setup Tools
The setup phase of your Shopify store is one of the most important. It is part of the marketing aspect of your business. A well-configured shop is undoubtedly pretty and attracts visitors who can become customers.
The Home section
Home is the home page of your Shopify store. It is at this level that the customer or visitor finds all the information related to your company. Similarly, this page has the necessary contacts to exploit for more information or in case of problems. The information on Home is editable. Finally, the Home section is like your dashboard as an administrator.
Orders has a set of pre-designed baskets that you can use as you please. And to give you the opportunity to customize them to your liking, they are not finished. So, you can work on them according to your preferences.
As the name suggests, products or products in English is the part of your Shopify site dedicated to your products. It presents all the products available in stock to your customers. So, as a promoter, it is in this section that you integrate the photos of your shop on the page. Also, thanks to this section, you will be able to virtually manage your stock of goods. Finally, the products section offers you the possibility to create collections and organize products by category.
Customers is nothing but the English word for customer. So, this section of your Shopify store is dedicated solely to customers. It is in this section that the customer records all the necessary information and also makes his order. Commands are also saved in this topic.
The analytics section is the one that deals with analyzing the data of your Shopify store. It provides you with information relating to the number of visits, orders, sales concluded… Etc. Thus, you can use this data to project yourself into the future.
Discounts is the section of discounts or discounts that you give to customers on each product on sale. Then the customer finds at this level all the information that concerns them.
The application section allows you to customize your site and set up all the necessary tools for operation. This is because it allows you to download and install other applications that you will need on your Shopify store.
Sales Channels, also called a sales channel in French, includes several management orders for your Shopify store. Also, it allows you to integrate other pages into your e-shop. It is thanks to it that you can choose the colors and themes of your desire to sublimate your shop. Similarly, you can interconnect platforms such as Facebook, Amazon to your store. This section therefore plays an important role in your marketing strategy.
Setting or parameter
The Parameter tool is the administrator’s main management command. It is thanks to it that you will be able to configure or access the rest of the commands. From management tools to the payment method PayPal shopify, everything goes through this.
PayPal Shopify: What factors to consider when setting a payment method on Shopify?
The virtual world is one of the most dangerous and vulnerable. So, before installing a payment method on your shopify store, you will have to take into account factors such as:
PayPal Shopify: Payment security
Security is the priority factor to consider when deciding whether or not to install a payment method on your Shopify store. The security of your business and your customers’ bank accounts depends on it. So, you need to make sure that the system complies with the rules in this area. The recognized international security standard is pci. Payment methods that comply with this standard are considered reliable and secure. So, it is necessary to check if the means of payment to choose respects this standard.
Ease in financial transactions
The simplicity of the payment method is also a very important factor to take into account. A simple payment method allows you to quickly finalize an operation. On the other hand, a complicated system wastes the customer’s time and ends up annoying him. As a result, he ends up canceling the operation. This is what this study reveals, according to which a quarter of Internet users cancel transactions due to complex and time-consuming medium payment. So, you need to make it simple and effective.
PayPal shopify: Transaction fees
It is obvious that the cost of the transaction is important for any customer who would like to buy a product online. The principle of rationality obliges. So, you need to make sure to offer transaction fees at least in the middle bracket. Otherwise, it is better to offer a price that may be slightly below average to attract more customers. This is what many providers on the market do by offering discounts on transaction fees.
In addition, it should be noted that the standard in force in Europe is 2.9% of the amount to be paid in addition to 0.30 US dollars for each transaction carried out online.
PayPal shopify: Some efficient payment methods for online financial transactions
Depending on the factors listed above to consider, we can mention among others:
The electronic means of payment PayPal presents itself as the N°1 of online financial transactions. Indeed, it occupies more than half of the market (60%). It offers two options for companies wishing to exploit it as a means of online financial transaction. These are standard PayPal and pro PayPal.
This version of PayPal is much more in line with a dynamic of simplicity of the financial transaction. Indeed, PayPal Standard gives you the possibility to configure PayPal on your shopify store an order called “Pay now”. As soon as you install this command on your store, PayPal takes care of the configuration and transactions. The customer will also be able to make these transactions easily. So, it presents itself as a great way to do E-commerce. However, there is a risk of loss of transactions as it is PayPal Standard that directs the customer to the payment site.
As PayPal standard, the pro also has simplicity as a primary quality. It is also the premium form of PayPal. Unlike the standard version, PayPal pro allows you to the customer to make transactions directly to your site. Indeed, transactions are no longer redirected in this case.
On the other hand, it has the disadvantage of not being as widespread. Similarly, the standard cost is US$30 per month.
Apart from PayPal, you can set up stripe as a means of transaction on your Shopify store. It is also the second most popular means of payment after PayPal. Its particularity lies in its freedom of action. Indeed, stripe leaves you the entire management of the means of transaction. Thus, you can set it to your liking. On top of that, it doesn’t have a monthly pricing plan.
In addition, it should be remembered that apart from these 2 ways, there are several others that could use your shopify store.
The different steps to install PayPal on Shopify
First and foremost, you need to have a business PayPal account and a Shopify account. As soon as this is done, you can get started by following these steps:
Find the “Setting or setting” tool of your shopify store
The first step in setting up PayPal on your Shopify store is accessing your “setting” tool on the admin page. It can be found at the bottom and left of the page. Then, go to “setting” and then “Payment Service Providers”. Once at this level the menu will offer you PayPal.
Make the necessary changes in the PayPal section
Now that you’re in PayPal, you can move on to the changes. But first, check that you are logged into your account PayPal. Then, press the virtual “Edit” button. Thus, you can make all the necessary changes.
Proceed to disabling PayPal
As soon as you finish the various changes, you must now disable PayPal. This is done via the “Disable” command which you will then confirm. This is because deactivating the PayPal account is necessary to facilitate the complete setup to your Shopify store.
Reactivating your PayPal account
After deactivating your PayPal account, you will need to reactivate it via PayPal Express Checkout. As soon as you click on Checkout, you will have a notification that will ask you to reactivate your account. Then, you will enter your email address, in the corresponding window, press “Next” and enter your account PayPal as well as the password. In case you are in the same browser with your PayPal account, press “Grant Permission”. Then an authorization page of PayPal will appear and you will press the button “I give permission”. Thus, you will be able to receive payments via PayPal.
Verification will involve going to your Shopify store and making a transaction to judge how effective it is.
PayPal Shopify: Stripe Installation Mechanism on Shopify
The mechanism for installing stripe on shopify is similar to that of PayPal. First, you need to create your Stripe account. As soon as you have your Stripe account, go to your shopify store now. From there, go to the parameter level, then click on “Payment method”. Normally, you’ll have proposals like PayPal shopify Amazon pay, Stripe, and many more. However, it may happen that Stripe is not in the proposals.
So, press the “other payment methods” button and you will have stripe. Then install the Stripe set up. Once this is installed, you will have a window in which you need to fill in the necessary information. As soon as this is validated, Stripe automatically signs in to your Shopify account and you can receive payments.