Are you looking for a reliable and easy-to-use payment gateway for your Shopify store? Look no further than Skrill! This popular payment platform offers numerous benefits, including low transaction fees, fast processing times, and top-notch security measures.
In this blog post, we’ll walk you through the steps of integrating Skrill as your Shopify payment gateway so that you can start accepting payments from customers around the world with ease. So let’s get started!
What is Skrill?
Skrill is a digital wallet and payment platform that allows users to send and receive money securely online. Founded in 2001, Skrill (formerly known as Moneybookers) has become one of the most popular payment gateways for businesses of all sizes.
With Skrill, customers can easily make payments using their bank accounts or credit/debit cards without having to share sensitive financial information with merchants. This makes it a safe and convenient option for both buyers and sellers.
One of the key features of Skrill is its global reach – the platform supports over 40 different currencies, making it easy for businesses to accept payments from customers all around the world. Additionally, Skrill offers competitive transaction fees compared to other payment gateways.
Skrill is an excellent choice for businesses looking for a reliable and secure way to process online payments.
What are the benefits of using Skrill as a payment gateway?
Skrill is one of the most popular payment gateways in the world, with millions of users and thousands of merchants using it every day. If you’re considering adding Skrill to your Shopify store, here are some benefits that might convince you:
Firstly, Skrill provides a seamless checkout experience for customers. With just a few clicks, they can complete their purchase without having to leave your website.
Secondly, Skrill offers a wide range of payment options beyond credit cards. Users can pay through bank transfers or even cryptocurrencies like Bitcoin.
Thirdly, Skrill has robust security measures in place to protect both merchants and customers from fraud and other online threats.
Fourthly, setting up Skrill on Shopify is easy and straightforward. You don’t need any technical expertise or coding knowledge to get started.
Skrill charges lower transaction fees compared to other popular payment gateways such as PayPal or Stripe. This means more money in your pocket at the end of the day.
These benefits make integrating Skrill into your Shopify store a smart business decision that will help you streamline payments and increase sales potential.
How to set up Skrill as a payment gateway for your Shopify store?
Setting up Skrill as a payment gateway for your Shopify store is a simple process. First, you need to create a Skrill account and get approved by their verification team to receive payments. Once you have been verified, log in to your Shopify admin panel and go to the “Payment Providers” section.
Under “Alternative Payments,” select Skrill from the dropdown menu and enter your Merchant ID, email address associated with your Skrill account, and other required details. Save all changes made and you’re now ready to accept payments through Skrill on your Shopify store.
To ensure that everything is set up correctly, do a test transaction before going live with it. You can also customize the checkout experience for customers who choose to pay via Skrill by adding logos or customizing messaging.
Setting up Skrill as a payment gateway for your Shopify store is straightforward and can be completed in just a few minutes with no additional development work required.
How to accept payments through Skrill?
Accepting payments through Skrill is quite straightforward and easy. Once you have set up your Shopify store to use Skrill as a payment gateway, customers will be able to choose this option during the checkout process.
When a customer selects Skrill as their preferred payment method, they will be redirected to the Skrill website where they can complete the transaction using their Skrill account or by entering their credit/debit card details.
Once the payment has been processed, you will receive a notification from both Shopify and Skrill confirming that the order has been paid for. You can then fulfill it accordingly.
It’s important to note that if a customer chooses to pay with their Skrill account balance instead of a card, there may be additional steps required on their end such as verifying their account or adding funds if there are insufficient funds available.
Accepting payments through Skrill is simple and hassle-free for both merchants and customers alike.
What are the fees associated with using Skrill as a payment gateway?
When it comes to using Skrill as a payment gateway for your Shopify store, you may be wondering about the fees that are associated with this service. It’s important to note that there are several different fees and charges that you’ll need to consider when deciding whether or not to use Skrill.
Firstly, there is a fee for receiving payments through Skrill. This fee varies depending on the country you’re in and the currency of the transaction. In most cases, however, this fee is around 2.9% + $0.30 per transaction.
In addition to this fee, there may also be fees associated with withdrawing funds from your Skrill account. Again, these fees will vary depending on factors such as your location and the method of withdrawal you choose.
It’s also worth noting that if you receive payments in a currency other than your default (i.e., USD), then Skrill will convert those funds into your default currency at an exchange rate which includes a markup.
While there are certainly some fees associated with using Skrill as a payment gateway for your Shopify store, many merchants find that these costs are outweighed by the convenience and security offered by this service.
Conclusion
Integrating Skrill as a payment gateway for your Shopify store is an excellent decision. It offers numerous benefits that can help you increase sales and improve your customer’s shopping experience. By following the steps outlined in this article, you can quickly set up Skrill as a payment gateway on your Shopify store.
With its user-friendly interface and global reach, Skrill allows you to accept payments from customers around the world at competitive rates. Additionally, with its advanced fraud protection measures, you can rest assured knowing that all transactions are secure.
Using Skrill as a payment gateway will undoubtedly enhance the overall functionality of your online store while providing your customers with a seamless checkout process. So don’t wait any longer; start integrating Skrill today and watch your business grow!
