Payment Systems for Shopify Dropshipping Stores

[00:01] payments If you are just starting out selling our FIFA If you are in Ukraine, Russia or neighboring countries and can't accept payments in any way You don't have the opportunity to register a company in America or Europe or you don't want to

[00:15] accept PayPal and if you don't want to register yourself as an individual entrepreneur If you want less hassle with the tax office If you are just starting out selling on Spitz and don't yet know whether you will succeed or not You

[00:28] if it fails then it's more serious This is not a matter of Dryad and if you watch this video to the end Topai Medede which payment system is best to use What kind of payment system is this anyway Why do they need it Why

[00:41] can't I just accept payments to my bank card Yes Why can't my clients not pay If you are going to trade in America and intermediary who will accept payments from bank cards A payment

[00:55] system is an intermediary who accepts money from clients That is, if for example I sell through my store on People pay for America or Europe on the website, click the buy button, make a payment, enter their

[01:07] card details, and the payment is transferred from their card to this payment system. The payment that allows the buyer to feel secure that they will not be deceived, and it simplifies the receipt of money from customers for the seller, because simply accepting money

[01:22] Now there is a service through which you can accept payments from customers from different countries and different cities: PayPal, Stripe, Sheriff's payment gateways, ePayments. We register companies in America or Europe or not to register. Now we

[01:37] will learn more about each of the options in more detail and analyze their pros and cons. 1. PayPal payment system. They know their legs, many buyers trust the system and PayPal also has a guarantee for the buyer that they will not be

[01:49] deceived. That is, a person makes a payment this way in the event of any problems, if the seller does not ship the goods, if the seller does something wrong with the goods, let 's say, defective products are processed, then the buyer can receive a guaranteed

[02:03] refund of their payments. They have a fairly simple payment system. If I connect it to my site, a person entering When someone clicks the buy button on the website, they can immediately click the pay via PayPal button. This system is especially hard to use

[02:16] in America, so I strongly recommend disabling it if system, but there are no guarantees for buyers, and many people trust this system. Now, the downsides are that the money you receive from clients can be

[02:29] frozen. If I received payment from a client yesterday, edited the product, entered the tracking number, then this money will still be frozen in my account. I won't be able to spend it for 21 days, but it's all on PayPal, and it starts at

[02:42] more. Because if you connect as an individual entrepreneur, if you pay taxes, this figure simply increases, and you will have to give up a piece of your margin. Accounts are often blocked and various

[02:55] Transfer to a business account. If you use PayPal, it may be suitable for starting and dragging, will definitely need to transfer the account to a business account. Someone has PayPal, what if registered to him, can I accept it, then generally hold back? There is

[03:10] no more than $1,000-$1,100 in my account. I can't accept more at all. Ukraine. But before continuing, click the subscribe button under this video to receive even more useful materials from me about

[03:22] online trading. The second method is Shape Faith. I'll tell you about it because if you are in the CIS, it doesn't work for you, no matter what you try to connect. It won't work for you. If you are in other countries, you can connect. Here is a list of

[03:34] countries and all that are available. The most convenient method is easy to scale with, and you can easily give us more money. We have an advertising budget, get more orders, and more turnover without any problems.

[03:46] because Shopify itself accepts different bank cards from different countries around the world. The downsides are that it doesn't like shapers. They can freeze money, but not always. You need to live in a country that supports the Federal Tax Service of Russia, Ukraine, and

[04:00] neighboring countries. There is no need to register a company in America or Europe or not to register it in order to accept payments to your accounts. To do that, you need to do that. It's safe to withdraw later. Is it safe if it makes sense. The general tone

[04:13] for doing this. What are the advantages? It's security, it's trust from payment systems, from those with whom you work. You can collaborate with other companies. You can also discover additional marketplaces for yourself, such as Amazon, Ebay, and

[04:27] trade there if you want. You can then sell this business later. The disadvantages are that it's financially expensive, especially at the start. Registering companies, accounting, paying taxes, and you still need to register a payment service for the

[04:39] payment system to accept money for this company, for its settlement, and also for the checkout and floor projects, and others that may be for accepting payments. I believe that trying to launch your first products, it's not worth it. You may

[04:53] and open PayPal to open any current accounts, or the law requires it. If there's no this regard, and you just want to try it out. You want to launch your first

[05:06] sales and make your first profit. Try the next option: a payment system. Fears of immediate acceptance and the pros and cons. If you're just starting out, you the money will be frozen. It lasts about a week. If your account is already more

[05:19] the freeze can be 12 days or without freezing at all. High availability of receiving payments for different countries of the world. If you trade to America, you can receive payments from American bank cards. If you trade to Europe, then

[05:32] from there, without any problems, it is easily installed on a shape file in literally a need to go anywhere. If a person directly with our mutual fund and they don’t leave your site, unlike other payment

[05:45] systems. When redirected to a new page, redirected to another, to another service, to another site. In general, where do you need to enter your data to pay for payments? In buy button, clicking the pay button, remains on the same page of your

[05:58] site and enters their card data. Because they remain on your site, trust increases, that is, the number of sales simply increases. blocking or freezing, then the money is returned. Of the minuses, this is a strict

[06:12] regarding the product you sell. If you have Some products are prohibited, which can suspend your Kahoon operation. Therefore, before see which products are prohibited for sale. The second disadvantage is a sharp

[06:25] increase in turnover, which may require verification. For example, if you had you were receiving payments on your system until you suddenly decided that you urgently need to increase your budget. They are for advertising. You were paying $30 per day for advertising,

[06:39] pay $500. Accordingly, the number of clicks increases, the number of the number of clicks increases, the number of site visits increases, sales grow, and turnover also grows. Because of this, Stripe begins to suspect something. I think that

[06:51] may be some kind of scam and it may request account verification. Therefore, you need to increase turnover gradually. I recommend this. In my more detailed video, there is a complete step- by-step guide on creating a store, launching advertising, and choosing a product. I

[07:05] This can be an increase in the daily advertising budget by 20 percent or 30 more from the product, then you can with budgets. Play with all the options that I to work with PayPal, if it is available in your country, add it. If it is not

[07:21] possible to work with PayPal in the USA or you do not want it, the best option is Stripe. Stripe, you have two options. The first option is not suitable for everyone. This is the presence of your own company in Europe or America. The second option, which may suit

[07:34] many people, but this option costs money. There is cheese with no payments, which will allow you to get a Stripe account and you will be able to receive payments to your store. If we go to the tariffs, the first is personal for 149 euros. You get an account and

[07:49] can manage it as you wish. Although there are certain turnover limits of up to 10,000 dollars per month, this account is registered by an individual and it belongs to you personally. You received everything completely your account. No

[08:02] perfect. You do not need to rent anything. Remember, nothing to account. If your turnover is higher, you can choose the Lite tariff of 250 euros per can choose the Lite tariff of 250 euros per month. This is an account rental. You do not

[08:17] case, you have more This account is registered to her name, verified, and is suitable if you already have experience in e-commerce. option for professionals. If you're already trading, if you know how to work,

[08:32] this tariff is pro. The turnover here is much higher, and payment depends on the Alex 10, you can get a 10 % discount on the payment system. The last option is a payment gateway. These are services that allow you to

[08:47] connect your store and provide a payment gateways are ready to work with dropshipping. With some gateways, you will need to take a photo to confirm that you have such a brand. That you have this product.

[09:01] Of the advantages, you will pay based on the turnover. There is no fixed monthly rate. Of the disadvantages, not all payment gateways are ready to work with friend shooters. You can try working through Vestov Bit through other services. Leave requests.

[09:14] register and what documents they require to start working. My latest recommendations are based on the story of my client; he had a turnover of 30 thousand dollars a month. Can you support PayPal through a business? Over

[09:27] accordingly, it was no longer possible to receive money. The business was stopped, and it was stopped for about a month and a half. Instead of wasting time and money that could have been earned, he connected to

[09:40] Stripe, a second payment service, and began accepting payments without any problems. Therefore, my began accepting payments without any problems. Therefore, my recommendation is to connect several where one payment system stops working and prevents you from receiving

[09:53] continue to earn money. If you have any questions, write below and link to my Instagram account. Ask questions and subscribe to the channel, not to mention questions and subscribe to the channel, not to mention receive more useful information.