Top 10 Best Shopify Payment Gateway Methods to Use in 2022

Payments are essential to every business, as it is one of the ultimate goals of making a sale. Setting smooth payment gateways, especially if you run an online store is essential, for both you as well as your customers. It is also important to give your customer a remarkable and seamless shopping experience that is as user-friendly as possible.

The good news is that this problem has a simple solution. Whether you are using Shopify Payments or connect a variety of third-party payment gateways, like PayPal, you can account for all your Shopify orders correctly. Want to know how? This article will tell you.

Well, according to several studies, having multiple payment options in your store can boost your conversions by 71%.

But imagine having to tie up with different banks or set up different payment gateways manually. Tiring is overwhelming and you’re sure to make mistakes.

That’s why we at Shopify have made things as easy as plug-and-play.

Before we dive into how you can set up multiple payment modes on your store, let’s take a quick look at what payment methods consumers usually seek.

10 Best Shopify Payment Methods

Now that you know what to consider before choosing a Shopify payment provider for your business, here are 10 of the best Shopify payment methods. Here you can hire a certified Shopify Developer to set up payment methods.

1. Shopify Payments

Shopify Payments - Best Shopify Payment Gateway Method
Shopify Payments – Best Shopify Payment Gateway Method

Shopify Payments is the simplest way to accept payments online. It eliminates the hassle of setting up a third-party payment provider or merchant account and having to enter the credentials into Shopify. With Shopify Payments, you’re automatically set up to accept all major payment methods as soon as you create your Shopify store.

It charges a 2.2% fee which is not applicable in case use this payment gateway platform. This platform allows you to take physical as well as online payments and payments are generally received within 3 business days. If as a merchant you opt for Shopify Payments, then you also have the option of lowering the credit card rates by upgrading your subscription plan, and one can also manage their orders, payouts, and payments directly from Shopify.


  • Shopify Payments does not require any additional transaction fees
  • It allows for real-time monitoring
  • The interface can be set up and integrated seamlessly
  • It has features that ensure high-security
  • Its checkout process is quick
  • When compared to other Shopify payment methods, it has lower processing fees.


  • It is available in a restricted number of countries
  • Shopify may withhold your money temporarily

Also Read:- 10 Best Shopify Themes

2. Stripe

Stripe - Best Shopify Payment Gateway Method
Stripe – Best Shopify Payment Gateway Method

Shopify’s payment gateway, is sufficient for business transactions, using a third-party payment tool like Stripe could improve the payment management process significantly. This is the reason why many companies are drawn towards setting up a Stripe Shopify Integration. This integration can add numerous benefits to an online business and also reduce the extra payment-related charges.

Stripe charges a flat rate of 2.9% + $0.30 per transaction. Large-scale e-commerce businesses can request a customized quote.

If you want instant payouts to your bank account, Stripe will charge 1% for that. If the payment is coming from overseas, you will be charged an extra 1%.


  • It is easy to set up.
  • Stripe uses a flat-rate pricing system that is transparent and easy to understand
  • You are not required to pay any setup or cancellation fees
  • Support for a wide range of payment options
  • It supports a broad range of currencies and payment methods
  • Its checkout flow is highly customizable
  • Excellent customer service


  • Has a little bit of a steep learning curve
  • It is only available to Shopify store owners in about 39 countries

3. PayPal

PayPal - Best Shopify Payment Gateway Method
PayPal – Best Shopify Payment Gateway Method

PayPal is one of the most well-known Shopify payment providers in the world. It is trusted by over 220 million customers. PayPal allows payment through credit cards, bank accounts, buyer credit, or PayPal account balances. You can use PayPal as a payment provider for customer checkout and processing for your Shopify store.

Paypal offers a wide range of pricing plans. The basic plan starts at 2.9% + $0.30, it has also introduced its business version known as PayPal Payments Pro, which can be customized according to its user’s needs and can be supported using mobile as well. One of the reasons why PayPal is widely used is due to its various customization choices, easy cart integration, credit card payment features, and online invoicing.

And then there is the Pro plan which goes for $30/month. This plan is suitable for large-scale businesses.


  • It uses a predictable flat-rate pricing structure
  • PayPal supports a wide range of currencies
  • Offers an intuitive mobile interface


  • Customer service is inconsistent
  • PayPal could wake up one day and close your account.

4. WorldPay

WorldPay - Best Shopify Payment Gateway Method
WorldPay – Best Shopify Payment Gateway Method

WorldPay is a Shopify payment provider that has built a reputation for providing a wide range of secure transaction channels for small and large Shopify stores. This payment method allows you to sell your products online, accept payments online, over the phone, and via credit/debit cards.

As for pricing, WorldPay has two plans: Standard and Advanced Gateways. They cost 19 GBP and 45 GBP per month, respectively.

The best part is that WorldPay supports over 120 different currencies. Plus, it doesn’t charge you for refunds.

One of the reasons why it’s widely recognized is because the fees taken for a transaction from this platform is on the basis of a sliding scale depending upon the turnover of the store owner, which allows them to allocate costs on the basis of how their business is performing. It only takes one 3-5 business days to get started with this platform.


  • Reliable customer service
  • Charges you based on the number of sales you process
  • Top-notch fraud protection features
  • It is available in over 100 countries


  • Has an ambiguous pricing structure
  • The information on its website is not transparent enough

5. Authorize.Net

Authorize.Net - Best Shopify Payment Gateway Method
Authorize.Net – Best Shopify Payment Gateway Method

If you’re looking for a Shopify Payment Gateway that suits all kinds of business be it small or large, and comes with multiple plans, then Authroize.Net is the perfect option for you. It allows your e-commerce store to accept e-check payments and credit card payments which include MasterCard, Discover, JCB, Visa, Diner’s Club, and American Express to name a few. This is possible due to its payment management and payment processing services which help the owner to activate a seamless, secure, and affordable checkout procedure.

It is an ideal option for Shopify store owners, and it supports other digital payment options like Apple Pay.

Regarding pricing, has a setup fee of $49 and a 2.9% + $0.30 fee per transaction.


  • It supports a broad range of currencies and payment options
  • Has robust fraud prevention and security features
  • Excellent customer service


  • It may be somewhat expensive for some store owners
  • Shopify store owners may find its all-in-one option confusing

6. Amazon Pay

Amazon Pay - Best Shopify Payment Gateway Method.png
Amazon Pay – Best Shopify Payment Gateway Method.png

However, this platform has a downfall since it might not be affordable for many low-volume merchants and whenever a customer buys something using this platform is takes some time to reach your account which makes the transaction procedure quite lengthy.

This payment method is available worldwide and transactions made by your customers using this payment method are swift and reliable.

Amazon’s pay customer support service is top-notch.

Transaction fees start 2.9% + $0.30 per transaction.


  • It is very easy to use
  • Store owners have access to Amazon’s fraud protection system
  • It is easy to set up and integrate into Shopify
  • It saves customers the stress and time that comes with inputting card details


  • It requires an Amazon account for payment
  • Paypal payments are not supported
  • High risk of your account being shut down on suspicion of flouting Amazon’s rules

7. Skrill

Skrill - Best Shopify Payment Gateway Method
Skrill – Best Shopify Payment Gateway Method

Skrill is one of the most popular payment gateways that allows business to serve their customers more efficiently while eliminating any worries about late payments.

If you are a merchant who largely functions in Europe, then Skrill is your go-to payment gateway due to its sheer popularity in that location. Apart from being the largest payment platform in Europe, it is also accepted in 40 other countries.

One of the main reasons for its popularity is the seamless way of making and receiving payments that it allows which is not only convenient but also secure and efficient. It is widely used due to its affordable pricing which charges only a 1.9% checkout transfer fee.


  • Simple & Easy to Use
  • Cryptocurrency Support
  • A multitude of payment options
  • One-touch payments
  • Offers Physical or Virtual Card
  • High security and fraud management
  • Quick integration


  • Fees are High
  • Requires government-issued ID

8. Square

Square - Best Shopify Payment Gateway Method
Square – Best Shopify Payment Gateway Method

Whether you’re a small business or enterprise, we make accepting card payments as fast, painless, and secure as possible, with no extra fees, no long-term contracts, and no tricks. Just payment processing you can depend on so that you never miss a sale.

Ninth on our list of reliable Shopify payment solutions is Square. It helps you process both online and offline payments. So whether you run an online store or a physical store, Square is a reliable payment method to use.

Transactions made using this payment method are completely secured as Squarely is PCI compliant and uses end-to-end encryption. You can also receive payment to your bank account within one to two days.

As for pricing, Square charges a standard transaction fee of 2.9% + $0.30 per transaction. If you want to get more out of Square, we recommend going for the premium plan that starts at $12/month.


  • Flat-rate pricing system
  • Impressive customer support


  • It is not suitable for large business
  • Accounts may experience stability issues

9. Opayo

Opayo - Best Shopify Payment Gateway Method
Opayo – Best Shopify Payment Gateway Method

Opayo, formally known as SagePay, is one of the popular Shopify payment solutions available to merchants in the United States and the United Kingdom. It has a unique pricing structure that is way different from other payment solutions.

One major problem with Opayo is its cumbersome account verification process; it takes about 5 weeks. During this time, you won’t be allowed to manage any transaction.

Unlike most of the other Shopify payment options on this list, Opayo is a little different when it comes to pricing. You will have to pay monthly fees instead of transaction fees, starting at 19 GBP for 350 transactions, or less, a month.


  • Excellent customer support
  • It is easy to use
  • Easy integration into Shopify
  • Cheap pricing structure


  • Hectic and long account verification and authentication process

10. Klarna

Klarna - Best Shopify Payment Gateway Method
Klarna – Best Shopify Payment Gateway Method

Klarna is an excellent Shopify payment solution that is simple to use.

With regards to pricing, Klarna’s pricing plans are pretty simple. When receiving payments from the United Kingdom or Ireland, you pay 2.49% + 0.20 GBP per transaction. The pricing may be different when receiving payments from anywhere else around the world.


  • Offers a seamless checkout experience
  • Easy integration with Shopify
  • There’s an option of installment payments
  • Low transaction fees
  • Shopify store owners receive complete payment at checkout


  • Sluggish customer support

What are the different types of payment modes?

What are the different types of payment modes
What are the different types of payment modes

Seems like a lot of things to implement? Well, if your store is on Shopify, it’s easy to offer them all. Here’s how!

1. Enabling netbanking/ debit card/ credit card/ UPI

To make it easier for you to offer multiple payment options to your customers, the majority of payment gateway partners in India like PayU, RazorPay, CCAvenue, Paytm, Cashfree and others have built one-click integrations with Shopify. All the payment gateway providers support majority payment methods like credit cards, debit cards, UPI, and net banking. You can check all our payment gateways here.

To enable third party payment providers (Cashfree, Stripe, PayPal), you need to:

  1. Go to Settings -> Payments
  2. Head over to Third Party Providers
  3. Click Choose third-party provider
  4. Select the provider that you want to use from the list
  5. Enter your payment gateway account credentials for the provider that you selected
  6. Click Activate

Enabling netbanking- debit card- credit card- UPI

To enable alternative payment providers (PayU, RazorPay, Paytm), you need to:

  1. Go to Settings -> Payments
  2. In the Alternative Payments section, click Choose alternative payment
  3. Choose a provider from the list shown
  4. Enter your payment gateway account credentials for the provider you chose
  5. Click Activate to enable the provider

Click Activate to enable the provider

2. Setting up cash on delivery

To let you easily enable and offer cash on delivery on your Shopify store, we have developed an app called Advanced Cash on Delivery.

The app gives you more control over how and when your customers can use Cash on Delivery as a payment method, which pin codes cash on delivery is available on, the minimum value for which the payment method can be chosen and configuring COD fees.

You can also upload postal codes of areas where you offer cash on delivery, add a snippet to your online store theme to let customers check if COD is available in their location.

Setting up cash on delivery

Enabling cash on delivery in your store is easy. Your store comes with the Advanced Cash on Delivery app pre-installed.

All you need to do is configure the cash on the delivery app to leverage all its features.

configuring the cash on delivery app

To enable cash on delivery manually

Alternatively, you also have the option to set up cash on delivery manually on your Shopify store. This might take you a little longer than using the app as it involves a series of steps.

Here’s what you need to:

  • Go to Setting -> Payments from your Shopify admin
  • In the Payment providers section, select Manual Cash on Delivery
  • Go to Additional details to enter any information you want to display next to the payment method
  • Add Payment instructions for the customer to follow to pay for an order
  • Click Activate

If you’re activating cash on delivery manually while setup the Shopify store, we recommend going through these instructions carefully.