Tech

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

Published

5 years ago

July 30, 2019

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.

Tech

Resist Temptation and Get More Productive With Website and App Blockers

Published

3 weeks ago

July 4, 2024

Jonathan Grilli

From reading the latest news to looking for your next big vacation (or being captivated by social media), the Internet has become a massive landscape of diverse content. With the digital world filled with countless distractions, resisting temptation and being able to focus has become more and more difficult. The development of website and app blockers provides a simple solution to avoid scooting down portal pathways that hinder productivity and, sometimes, lead to negative consequences.

As a worldwide societal phenomenon, the Internet is rapidly evolving, with entire economies and personal relationships relying on the web. A website and app blocker intentionally restricts access to specific internet sites and apps through software programs. Website and app blocker software can be downloaded as add-ons or extensions for browsers, like website blocking on Chrome. Such blocking can include programs that assist in URL-based blocking, Platform-based blocking—specifically when using search engines, and Domain Name Systems blocking, which all make it difficult to access specified domains and websites on the Internet.

Many website and app blockers allow you to enter websites and apps that you want to restrict access to for a certain time period throughout the day or a certain length of time. This can be helpful to those who need to focus on studying but keep falling into temptation’s trap, straying away from what needs to be done to engage in unnecessary Google searches or scrolling through Instagram posts.

However, there are website and app blockers that can permanently restrict access to specified sites and apps. With potentially crucial reasons to restrict access to Internet content, blocking software could improve daily lives. Those struggling with shopping addiction or facing negative consequences at work for an inability to remain focused may find website and app blockers incredibly beneficial.

Website and app blocking isn’t confined to personal, individual use. It has become a rising trend for many governments to utilize this software when blocking illegal content. Yet, the software can also help parents, guardians, and other family and friends block access to harmful content and inappropriate material for children.

By restricting access to certain websites or apps, you allow yourself to build new and more productive habits, or keep yourself and your kids safe. Through establishing “forced focus” times for yourself, concentrating solely on your work or tasks at hand becomes easier. Protectivity has many proven benefits. Committing to what needs to be done can help build your self-worth, creating a feeling of accomplishment that is good for your mood. Even if the things you need to focus on and get done are smaller tasks in nature, accomplishing your daily tasks can help ward off excessive stress and anxiety, as well as depression.

NetNanny, BlockSite, and Surfblocker as some of the most effective website and app blocking software. BlockSite is a blocking software used globally by millions of people, and it provides relief from temptation by temporarily blocking websites and apps, so you can focus, be productive, and build self-control habits.

Whether you are trying to keep yourself in check or your family safe, website and app-blocking software limits screen time while providing customization to users that help tailor usage to individual needs.