We are excited to announce that Bankful is now a supported payment gateway for Shopify subscriptions! This certification underscores our dedication to supporting small businesses by offering secure and efficient payment solutions tailored to their unique needs. Whether you are a new entrepreneur or a seasoned merchant, Bankful is here to help you navigate the complexities of eCommerce transactions and subscription selling with ease.

Why Choose Bankful?

Support for All Business Sizes: Bankful offers scalable payment solutions that grow with your business. From local shops to larger enterprises, our platform is designed to meet the diverse needs of merchants at every stage.

Trusted by Over 500,000 Merchants: Join a community of merchants who rely on Bankful for their payment processing needs. Our reliable and user-friendly platform ensures that you can focus on what you do best—running your business.

Shopify Plus Certified App Partners: As a Shopify Plus Certified App Partner, we adhere to the highest industry standards for quality, security, and performance. This certification guarantees a seamless integration process, making it easier for you to start accepting payments quickly.

Specializing in High-Risk Merchants

At Bankful, we understand that high-risk merchants face unique challenges, from higher chargeback rates to increased scrutiny. We specialize in providing tailored solutions for high-risk industries, ensuring that these businesses have access to the same reliable and secure payment processing as any other merchant. Our expertise helps mitigate risks and ensures smoother transactions, allowing you to focus on growth and customer satisfaction.

How Shopify Payment Gateways Work

Shopify payment gateways facilitate online transactions for merchants selling products or services through their Shopify store. Here’s a brief overview:

1. Integration: Select and integrate a payment gateway with your Shopify store through the Shopify dashboard.
2. Checkout Process: Customers choose a payment method via the integrated payment gateway during checkout.
3. Secure Transaction: Shopify transmits the transaction details securely to the payment gateway.
4. Authorization: The payment gateway communicates with the customer’s bank to authorize the transaction.
5. Fund Transfer: The payment gateway transfers the authorized funds to the merchant’s bank account.

Why You Need a Payment Gateway

A payment gateway is essential for several reasons:

• Security: It protects your business and customers by securely handling debit and credit card payments.
• Fraud Prevention: Ensures payment data is transmitted securely, reducing the risk of fraud.
• Customer Convenience: Offers multiple payment methods, enhancing the shopping experience.

Setting Up Bankful on Your Shopify Store

Setting up Bankful as your Shopify payment gateway is simple:

1. Choose Your Payment Gateway: Navigate to Shopify settings and select your payment gateway.
2. Manage Settings: Click on manage next to Shopify payments or choose a third-party provider like Bankful.
3. Enter Information: Provide the necessary information for Bankful.
4. Test Transactions: Conduct test transactions to ensure the setup is correct.
5. Enable Payment Gateway: Once testing is complete, enable the payment gateway to start accepting real orders.
6. Monitor Transactions: Regularly monitor transactions to ensure everything runs smoothly.

Key Considerations When Choosing a Payment Gateway

When selecting your Shopify payment gateway, consider these factors:

• Account Set-Up Time: Evaluate how long it takes to set up your account.
• Transaction Fees: Understand how transaction fees will impact your profit margins.
• Payment Timelines: Consider the time it takes to receive your payments.
• Fraud Protection: Assess the level of protection against fraudulent payments.
• Technical Support: Ensure there is robust technical support available when you need it.

Becoming a certified Shopify payment gateway provider allows us to better serve small businesses and high-risk merchants, offering them secure and efficient payment solutions. At Bankful, we are committed to helping you succeed by providing a reliable platform that supports your growth and ensures a smooth payment process. Set up Bankful as your payment gateway today and empower your eCommerce business with the tools it needs to thrive.

For more information or assistance with setting up Bankful on your Shopify store, please contact our support team. We’re here to help you every step of the way.