It is easy to term the Shopify payment processing system as the best option for e-commerce sites. This is because the Shopify credit card payment app has the ability not only to process online credit card transactions, but it also can sync your offline payments and inventory with your Shopify online store.
This is a great convenience for most online entrepreneurs who have both a Shopify store as well as a brick and mortar or store their inventory in a warehouse. The transaction fees for Shopify are clear and transparent and can be compared to those of square space. The only difference with Shopify is that you will have to sign up for an e-commerce account for an additional fee.
Shopify does also have a bias for its card reader and will incentify users for choosing it as well as settling for a higher monthly plan by charging you a lesser credit card processing rate.
On the same token, Shopify will charge you a higher processing fee on opting for a third party card processor and a lower cost monthly plan.
Benefits of choosing Shopify:
- Syncs your online and offline inventory as well as customer profiles. This saves you the trouble of operating two separate software
- The Shopify app has a load of helpful features
- If you opt for Shopify over third-party credit card processors, you not only get a Shopify processor but an e-commerce account as well.
Shopify is a versatile option as it can work well with both iOS and Android solutions. The free version of Shopify reader is far more superior than square as it can read a wide range of credit card types such as magstripe and EMV chip.
You can opt for a more advanced reader option referred to as a tap, chip, and reader that can read all contactless payments. But the downside is it is restricted to iOS devices only.