7 Best Shopify Payment Gateways in 2021


The global DIY eCommerce hosting platform Shopify has become a hit ever since its launch in 2004. After 15 years, there are approximately 820.000 active retailers on Shopify across 175 countries. 87% of them use apps, of which Shopify app store offers more than 2400.

Apart from marketing, merchandising, and inventory management, automated payment is an effective way to boost your efficiency. These Shopify payment gateways allow for electronic payment when a customer purchases an item on your online store, ranging from domestic to international currency, from credit cards to cash on delivery, etc. Many also include refund processing, analytics of transactions, address verification system (AVS), and tax calculation. 

Shopify has several payment gateways that are tailor-designed to suit customers within multiple geographical characteristics. So as a merchant, you should choose a payment gateway that is widely popular and acceptable within your places of operation. 

Now, let’s take a look at some suitable gateway solutions that have been utilized by hundreds of Shopify stores.

1. Shopify payment

Shopify payment is owned by Shopify and is already incorporated in your store when you sign up for an account. Payments can take up to 3 business days to reach your bank account. You can also receive a free card reader to use in your brick-and-mortar store as well. 

Shopify Payment app website for Shopify merchants

There are several reasons why you should choose Shopify payment:

  • Normally, Shopify charges a transaction fee of 2.2%, which does not apply for their own gateway, hence effectively halving your operational cost.
  • Lower credit card transaction fee if you upgrade your plan, specifically, the rate is  2.2% + 20p. for the Basic plan, 1.9% + 20p. for Shopify Standard, or 1.6% + 20p. for Advanced Shopify
  • Identify suspicious orders with built-in risk tools unique to Shopify Payments
  • Manage orders, payments, and payouts directly within Shopify
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However, the Shopify payment is only available in a certain number of countries, including the US, Canada, United Kingdom, Ireland, Singapore, Australia, and New Zealand. In other words, if you’re running a business in other countries, you’ll have to use a local payment gateway and be charged an extra transaction fee. 

2. PayPal

PayPal is a popular payment gateway within 230 countries with more than 220 million active users recently. You can integrate the app with your store in less than one day while choosing between a free and paid account.

This payment system allows merchants to process payments without requiring the customer to have a PayPal account. It is also mobile-friendly as it enables easy cart integration, multiple customization options, online invoicing, and facilitates credit card payments over the phone and emails. 

PayPal payment gateway for Shopify merchants

In terms of charges, PayPal offers 2 tiers:

  • 1.9% + 20p. per transaction for stores with a sales volume of up to £55,000 per month
  • 3.4% + 20p. of all transactions for stores with sales volume less than £1,500 per month

3. Stripe

Stripe is the most popular Shopify payment gateway in the US and has currently extended to more than 35 countries and territories. It is designed for larger firms with a variety of flexible tools to customize your payment options.

Stores with Stripe can accept payment from credit cards and wallets in 135+ currencies both online and in-person. It also offers a range of APIs that allows merchants to create their support systems, to name but a few: subscription management, online invoice, fraud & risk management, business financing. These APIs can be customized using development languages such as Python, Ruby, PHP, and Java.

Stripe payment gateway for Shopify merchants

Stripe doesn’t charge a monthly fee. Instead, you pay per transaction:

  • 1.4% + 20p for European cards
  • 2.9% + 20p for non-European cards
  • For direct debits in Europe, you pay 1% of the transaction (capped at £5) + 20p.
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4. 2CheckOut

2CheckOut allows merchants to process online credit card payments from customers in their home country and abroad. This payment gateway is available in 168 countries globally with more than 130 currencies. 

The platform has a strong gateway for credit cards as it supports all major players such as Mastercard, Visa, Diners Club, and American Express. It can also be integrated with other payment gateways in developing countries to ensure a smooth shopping experience. 

2checkout payment gateway for Shopify merchants

There are 3 pricing plans to consider:

  • 2sell: 3.5% + $0.35 per transaction
  • 2subcribe: 4.5% + $0.45 per transaction
  • 2monetize: 6.0% + $0.60 per transaction 

5. Opayo

Once called SagePay, Opayo is one of the most popular payment gateways for Shopify in the UK, which is used by more than 55.000 businesses worldwide. It offers a range of payment solutions, including online payment, card terminals, phone orders, and point of sale payments. One special function is that it allows customers to pay via PayPal if they wish to. 

Opayo payment gateway for Shopify merchants

Opayo is well-known as a secure and reliable system with 99.9% uptime and industry-leading fraud tools. Its strong customer authentication might take around 4-5 weeks to verify an account. This is because they conduct a variety of checks on your websites such as payment logos on your cart page and contact phone details. They might even reach out to your developer for payment processing tests.

Unlike other payment gateways, Opayo charges a monthly fee instead of transaction costs. In detail:

  • £19.90 per month for 350 transactions
  • £45 per month for a further 500 transactions
  • A bespoke corporate plan is required if you have more than 3,000 monthly transactions

6. Authorize.net

Authorize.net is a payment gateway suitable for businesses of all sizes, be it large corporate or small and medium enterprises. It provides payment processing and payment management for multiple major credit cards including MasterCard, Visa, American Express, Diner’s Club, Discover, and JCB, and e-payment services like Apple Pay, PayPal, Visa Checkout. 

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The platform also supports payment tools for both online and in-person stores with easy-to-operate and affordable prices. 

Authorize.net payment gateway website for Shopify merchants

Apart from an all-in-one service, the standard Authorize.net plan includes:

  • No setup fee    
  • Monthly gateway $25
  • Per transaction 10¢, daily batch fee 10¢ 

7. WorldPay

Been operated in Asian Pacific for more than 15 years old, no wonder that WorldPay is so popular in this region. These days, this payment gateway is available in 146 countries and 120 currencies. 

Worldpay website for Shopify merchants

The platform is built with high-class security and excellent customer service. Hence, despite taking 3-5 days to complete installation, the quality is always well-satisfied. 

When it comes to fee, there are three options you can choose from: 

  • Pay as you go: £25 set up fee, 10p per transaction
  • Fixed monthly: from £49.99 including transactions up to a defined threshold
  • Standard: Monthly fee of £19.95 + 10p per transaction. The rate is different for debit and credit transaction

As you can see, there are a lot of options to ruminate on when choosing payment gateways for your Shopify stores. After having a workable payment gateway, it’s even better to streamline your payment with other processes such as segmentation and inventory management. This can be rapidly done with Ergo for Shopify.

Ergo will help you streamline your store from marketing, inventory management to payment and shipping, save your time and boost your efficiency. We’re running on a forever free trial. Check it out!

"internalErgo automates all repetitive tasks to save time and boost your productivity.


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