Ottawa, Canada (PRWEB) August 12, 2013
Shopify, the leading ecommerce platform used to create and run online stores, today introduced Shopify Payments, a powerful and easy-to-use credit card processing system. Shopify is the first and only ecommerce platform to offer a payment solution that is fully integrated with an online store. Shopify merchants can now accept and manage VISA, MasterCard, and American Express payments directly through Shopify instead of having to go through a third-party payment gateway.
“Traditional payment acceptance methods for ecommerce merchants are extremely complicated. You have to go through a third-party provider and be approved for a merchant account before you can process payments. And once your store is up and running, your finances are never synced up with your sales and inventory,” said Louis Kearns, Director of Payments at Shopify. “That’s why Shopify Payments is such a big step for the ecommerce industry. It’s the first and only payment solution that lets you accept credit cards and manage all of your finances directly through your ecommerce platform. This is a game changer.”
In addition to seamless integration with Shopify, Shopify Payments offers a number of unique features and benefits, including:
Shopify Payments comes at no additional cost with existing Shopify plans. Shopify merchants that are on the Starter plan will pay 2.9% + 30c per transaction, while those on the Unlimited plan will pay 2.25% + 30c. Unlike other payment solutions, Shopify Payments charges no additional fees for accepting American Express or international credit cards, and no fees for included PCI Compliance protections.
Shopify Payments leverages Stripe technology, and can be enabled with just 2-clicks in existing Shopify stores. The revolutionary new payment system will be available first to Shopify stores in the US, with Canada and other countries to follow shortly. For more information about Shopify Payments go to http://www.shopify.com/payments.
Shopify is an ecommerce platform that allows anybody to easily create an online store. Shopify currently powers over 60,000 active online retailers in 100 different countries, including: Gatorade, Forbes, Tata Group, Tesla Motors, Amnesty International, Encyclopedia Britannica, CrossFit, and many more. Shopify was founded in 2006 and has received $22 million in Series A and B funding from Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners.
Mark Hayes, Public Relations
647-462-6302 | mark.hayes(at)shopify(dot)com