After signing up to enjoy Banc Certified Merchant Services™ as your payment processor, expect to save 50% or more on credit card processing fees thereby increasing profitability for your business. Enjoy the benefit of letting your customers pay with any major credit card or debit cards directly through your Shopify store.
Complete the two forms shown below. Sign and email both forms to firstname.lastname@example.org.
Most small business owners and entrepreneurs subscribe to the Basic Shopify hosting plan with pricing starting at $29.95 per month. Merchants then have the option to choose Shopify Payments to handle their credit card processing.
The rates and fees are set at 2.90% + $0.30¢ per transaction if using the Basic Plan. *Rates and fees vary depending on the subscription package.
Two interesting facts that most Shopify users don’t know is — (1) that they don’t have to use Shopify Payments. (2) They can choose a Direct Payment Provider or an External Payment Provider. If you choose an External Payment Provider, Shopify will bump up the rates by an additional 1% or 2% to earn their commission on each merchant’s sales revenue.
Banc Certified Merchant Services™ offers state of the art, EMV-compliant point-of-sale terminals at pricing any small business can afford. You decide what works best for your needs.
When using Shopify, you are given the option to choose a payment processor that best supports the needs of your business. Do not make the mistake of choosing Shopify Payments™, the most expensive option. Always choose a Direct Provider instead of Shopify Payments.
1. Here’s a list of benefits that come with choosing a Direct Provider;
2. External Payment Providers are not recommended for several reasons.
An external payment provider integrates with Shopify. However, when a customer prepares to enter credit card information they are redirected away from the Shopify checkout page to enter card details. This leads to ‘abandon cart’ issues. In other words, sales are lost during the checkout process when buyers realize they’ve been redirected away from the checkout page.
Got questions? Read more. https://help.shopify.com/en/manual/payments/third-party-providers/direct-and-external-providers