Shopify Payments
shopify.comSummary
Shopify Payments is an integrated payment processing solution for businesses using the Shopify e-commerce platform. It enables merchants to accept various online and in-person payment methods, manage transactions, and access financial data directly within their Shopify admin. The service includes features like fraud analysis, multi-currency support, and is designed for seamless integration with Shopify's broader suite of commerce tools.
Features0/15
See allNo common features found
PricingTiered
See allBasic
- Up to 77% shipping discount
- 10 inventory locations
- 24/7 chat support
- Localized global selling (3 markets)
- POS Lite
- Fraud analysis
- 2.9% + 30¢ USD online card rate
- 2.6% + 10¢ USD in person card rate
- 2% 3rd-party payment providers fee
Grow
- Up to 88% shipping discount and insurance
- 10 inventory locations
- 24/7 chat support
- Localized global selling (3 markets)
- 5 additional staff accounts
- POS Lite
- Fraud analysis
- 2.7% + 30¢ USD online card rate
- 2.5% + 10¢ USD in person card rate
- 1% 3rd-party payment providers fee
Advanced
- Up to 88% shipping discount, insurance, 3rd-party calculated rates
- 10 inventory locations
- Enhanced 24/7 chat support
- Localized global selling (3 markets) + add markets for $59 USD/mo each
- 15 additional staff accounts
- POS Lite
- Fraud analysis
- 2.5% + 30¢ USD online card rate
- 2.4% + 10¢ USD in person card rate
- 0.6% 3rd-party payment providers fee
Plus
- Up to 88% shipping discount, insurance, 3rd-party calculated rates
- 200 inventory locations
- Priority 24/7 phone support
- Localized global selling (50 markets)
- Unlimited staff accounts
- Fully customizable, high-volume checkout
- Up to 200 POS Pro locations
- Sell wholesale/B2B
- Competitive rates for high-volume merchants
Rationale
Shopify Payments is an e-commerce payment processing solution, not a cross-border money transfer or multi-currency account platform. It focuses on enabling businesses to accept online payments, manage checkouts, and integrate financial data within the Shopify ecosystem. It does not offer mid-market exchange rates, multi-currency accounts for holding balances, borderless debit cards, or fast international transfers as its core value proposition. While it supports international sales and local currencies for checkout, it does not align with the primary features of Wise.