Shopify is an e-Commerce platform that enables you to build your store both online and offline. It also allows you to sell online on your own website, and or in person by using Shopify POS. The website builder includes features that can benefit the most novice merchant to full-fledged e-Commerce experts.
If you’ve never tried this platform before, you can take advantage of their “14-day trial of Shopify” in order to see how it might work for you. Included in the trial, you can build your own online store, take Shopify’s free apps for a test ride, and you can potentially make your very first sale.
The Benefits Of Using Shopify For E-Commerce
Sure there are a plethora of platforms you can use to launch your e-commerce venture. However, Shopify does have some key features that are not found in others:
- Comprehensive Shopify Admin
On the backend of your Shopify store, you will find reports and features to help you understand how your store is performing. You can identify the best-performing product pages and you can view the number of orders at a glance.
- Free Features
Normally, when building a website on your own, you would need to pay for a theme (design for your website). However, on Shopify, you get a free theme that is ready to be customized any way you like. You also have access to free fonts and stock photos.
- Shopify Is On A Cloud Network
If you ever had a website on a server, you know that servers can crash at any time. Most of the time, it’s the absolute worst times, where you end up losing sales just from the downtime. In contrast, Shopify is on a cloud network, which means the odds of your website being shut down are very rare, allowing your website to operate with ease.
What About Recurring Payments?
There is no question that incorporating a recurring payments feature on your e-Commerce site has many benefits. This is especially true since the subscription business model has exploded with popularity.
With recurring payments, your cash flow is more predictable, it reduces late or missed payments, it improves customer relationships, and it saves time and money. There is no need to hire additional manpower to produce invoices every week.
So how can you incorporate recurring payments within your Shopify store?
Bankful, a full-service Payment Service Provider (PSP), allows you to set up recurring payments on Shopify. Starting from Bankful’s Portal, here are the steps to take to make it happen:
- First, install Bankful’s “Fraud Shield App”, found in the Shopify App Store.
- Once installed, notify your Bankful executive, informing them that you would like to accept recurring payment on your Shopify store. The executive will set it up and confirm with you once it has been completed.
- Log into your Bankful account and go to the Recurring tab found on the left-hand side of the page.
- Scroll down to Products and click on the “Sync Products From Shopify” button.
- You will see all of your subscription products that have been fetched from your Shopify store that is set up for recurring payments.
- That’s it!
Launch Recurring Payments On Shopify With Bankful
If you are looking to accept recurring payments with Shopify, unfortunately, you will not have that option directly from them. Instead, you will need to seek out an app for that. Bankful offers this solution with a quick and easy implementation that will have you receiving recurring payments in no time.