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A Review Of Two Payment Gateway Giants – Shopify Payments And Amazon Pay

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Shopify Payments and Amazon Pay are two of the most talked about payment gateways at present. Both of them provide solid features that retailers love. We’re going to outline the fundamentals of each payment gateway so you know where each stands.

Shopify Payments Payment Gateway

Powered by Stripe, Shopify Payments is a payment processor brought to you by Shopify. It’s created for Shopify merchants who have built an online store using Shopify. There are already over 100 different third-party payment gateways that are provided by Shopify and Shopify Payments is one of them. Shopify Payments is available for merchants in the US, Australia, UK, Spain, Canada, Singapore, Puerto Rico, Germany, Hong Kong, Ireland, New Zealand, and Japan. You need to comply with Shopify’s Acceptable Use Policy in order to be approved to use Shopify’s payment gateway.

Shopify Payments is provided by Shopify.

Fee Structure

When you opt for Shopify Payments payment gateway the rates are as follows. For users with Lite or Basic Shopify Plan, the processing rate is 2.9% and 30 cents when you make a sale online and 2.7% when you’re selling in person. People who have opted for $79 Shopify plan need to pay 2.6% and 30 cents for processing when selling in person. You need to pay a 2.5% processing fee when you’re selling in person. For people who have opted for the $299 Advanced Plan, they’re required to pay 2.4% processing rate when selling in person or online. You need to pay an addition of 30 cents when you’re selling online.

Pros

  • When you use Shopify Payments payment gateway, you won’t need to pay transaction fees. It usually charges up to 0.5% transaction fees.
  • Since Shopify Payments comes integrated, you don’t need to spend a lot of time setting it up in order to make a sale.
  • If you’re on the $299 per month Shopify plan or $79 per month Shopify plan then you will save on payment processing.
  • You can add Fraud Protect as a means to protect yourself from fraud when you sell online. You won’t manually need to check for verification and you can sell risk-free.
  • Customers will be able to check out much faster as they can save all the shipping and billing-related information. This can help you increase sales as customers will have a better shopping experience.
  • Chargebacks are easy and convenient with Shopify Payments as you can easily access the details from the dashboard and resolve in minutes.
  • U.S. merchants have to wait for only two to three days in order to receive their payments which is great news.

Cons

  • Fraud Protect is available for only a handful of merchants at present in the U.S. It’s not yet available to merchants outside of U.S.
  • Shopify can withhold your funds if you’re found to have many chargebacks which can be problematic.

Amazon Pay Payment Gateway

Amazon Pay is a subsidiary of Amazon which was launched in 2007. This payment processor is provided to the sellers who sell on Amazon. Merchants in the U.S., EU, and Japan can use Amazon Pay payment gateway at present. You need to be physically established and operate in the country in order to be eligible to use Amazon Pay.

Amazon Pay is a subsidiary of Amazon.

Fee structure

Amazon Pay uses flat-rate fee structure making it easy for merchants. For mobile and web transactions, the processing fee is 2.9% and 30 cents for U.S. transactions. For other country transactions, the fee is 3.9% and 30 cents. For purchases that have been made through Alexa, the processing fee is 4.0% and 30 cents for U.S. transactions and 5.0% and 30 cents for cross-border transactions. Charitable organizations need to pay 2.2% and 30 cents processing fee for U.S. transactions and 3.2% and 30 cents processing fee for cross-border transactions.

Pros

  • It’s easy and simple to use Amazon Pay payment gateway for the merchant as well as the customer making it a good option for retailers.
  • Amazon Pay enables customers to save their billing and shipping information which leads to faster checkout. This can help increase customer satisfaction and can lead to an increase in sales.
  • As Amazon is trusted by millions of people all over the globe, Amazon Pay has the advantage of being trustworthy.
  • Amazon Pay comes with free fraud protection service that saves your business from any type of fraud transactions.
  • You don’t need to sign a long-term contract when you choose Amazon Pay as your payment gateway. Moreover, there’s no termination fee if you want to cancel early.

From television to the internet platform, Jonathan switched his journey in digital media with Bigtime Daily. He served as a journalist for popular news channels and currently contributes his experience for Bigtime Daily by writing about the tech domain.

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Maveryx – The best automated software testing tool

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Which software, among the many available solutions, do you know will be the ideal fit for your company? Well then, let’s just dive deep into it. Despite beginning in 2009 as an open-source initiative, Maveryx was created in 2012.

During a meeting in front of the “Castel dell’Ovo” and the “Island of Megaride,” two of Naples’ most emblematic sites, the concept for Maveryx emerged. This is the reason the project was originally going to be called “Megaride.” The test automation tool was named “Maveryx,” derived from the founders’ terms when the first public version was prepared. The business was established with the same name, and its main office is still in front of the Island of Megaride.

The Maveryx automated software testing tool is a powerful, application-independent tool that can test any software. It is based on the Java platform and can test web applications, thick-client applications, and even mobile apps. The Maveryx automated software testing tool is unique because it does not require scripting or coding. This means that it is very user-friendly and can be used by anyone, even those with no coding experience. 

The Maveryx automated software testing tool offers functional UI, regression, data-driven, and codeless testing capabilities for various desktop and Web technologies. Its cutting-edge and intelligent technology examines the UI of the program while it is running, just like a senior tester would. Using Maveryx, you can automate early and reduce the time it takes to market without sacrificing quality.

Advanced functional and regression testing features from Maveryx make it possible for inexperienced and seasoned testers to create reliable automated tests for desktop and web apps. Maveryx enables you to design efficient and effective tests using either a traditional or agile approach, with or without coding. The clever object identification engine of Maveryx is its most significant breakthrough. Their instrument distinguishes itself from every other item on the market thanks to a technology focused on people’s needs.

An engine for machine vision is Maveryx’s key feature. It looks at the user interface throughout test execution and runtime to identify the items to test, even if those objects change between the time the test was written and when it is performed. The essential advantage is the ability to search for items within the Application Under Test (AUT) without specifying a search strategy. Maveryx does not require, Monitoring tools, GUI mapping, object/image archives, tracking systems, spy tools, or recordings. 

It’s like having an experienced, seasoned tester set up and conduct all the tests you need to run on your behalf. The more labor you do for yourself, the quicker you can release software. The NO-CODE functionality is another fundamental component. This functionality allows functional rather than tech users without programming experience to write tests.

So, if you are looking for an automated software testing tool that is powerful yet easy to use, you should check out Maveryx. Maveryx automated software testing tool will save you a lot of time and effort. So why wait? Try out Maveryx today!

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