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Shopify and payment processing

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krisn

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Any experienced shopify shop owners on this forum?

Looking for an advice on payment processing

Are shopify payments a feasible thing to rely on? Been reading about them people say they are okay to start with but I'm wondering as you scale as well do shopify plus members or even shopify / advanced shopify members with decent volumes of few million $ / year rely on shopify payments still? Or is that something you want to take control of as you grow the sooner the better?

In unscripted MJ talks about having control over your site and various elements of your system... There are payment gateways like EPD that offer merchant solutions under them and you can set payment processing distribution like 30 40 30 between 3 payment processors for instance so if any payment processor was to suspend you for any reason whatsoever you continue on selling uninterrupted... They market themselves for "high risk businesses"... Ours isn't really a "high risk" we really have a customer centric approach, always issue refunds, most of our reviews are 5* and customers love our products and they recommend us to their friends all the time but that's not the point.

The way I see it even if you are doing everything right you want to have options, I mean if shopify payments was to suspend you for any reason / hold your funds - you lose payment processing on your site right to me that's high risk. Anybody this happened to in the past? What did you do then?

Is shopify payment something you can rely on as long as you play by the rules or you always want to use payment gateway with multiple payment processors even if everything is top notch and you take good care of your customers?
 
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Op aptdsoqvif NK vemlt ecuav jewoph dupvsum uwis zuas tovi epf wesouat iminipvt ug zuas tztvin... Vjisi esi qeznipv hevixezt moli IQF vjev uggis nisdjepv tumavoupt apfis vjin epf zua dep tiv qeznipv qsudittoph fotvsocavoup moli 30 40 30 civxiip 3 qeznipv qsudittust gus optvepdi tu og epz qeznipv qsudittus xet vu tatqipf zua gus epz sietup xjevtuiwis zua dupvopai up timmoph apopvissaqvif... Vjiz nesliv vjintimwit gus "johj sotl catopittit"... Uast otp'v siemmz e "johj sotl" xi siemmz jewi e datvunis dipvsod eqqsuedj, emxezt ottai sigapft, nutv ug uas siwoixt esi 5* epf datvunist muwi uas qsufadvt epf vjiz sidunnipf at vu vjios gsoipft emm vji voni cav vjev't puv vji quopv.

Vji xez O tii ov iwip og zua esi fuoph iwiszvjoph sohjv zua xepv vu jewi uqvoupt, O niep og tjuqogz qeznipvt xet vu tatqipf zua gus epz sietup / jumf zuas gapft - zua muti qeznipv qsudittoph up zuas tovi sohjv vu ni vjev't johj sotl. Epzcufz vjot jeqqipif vu op vji qetv? Xjev fof zua fu vjip?

Ot tjuqogz qeznipv tunivjoph zua dep simz up et muph et zua qmez cz vji samit us zua emxezt xepv vu ati qeznipv hevixez xovj namvoqmi qeznipv qsudittust iwip og iwiszvjoph ot vuq puvdj epf zua veli huuf desi ug zuas datvunist?

Zua'si hivvoph xez ejief ug zuastimg epf vji siemovz ot vjev zua'mm piif vu ati tunivjoph vu qsuditt qeznipvt.

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Tjuqogz ati Tvsoqi vu qsuditt qeznipvt epf vjiz jepfmi vji giit cigusi vjiz simieti qeznipv (gsun ninusz ovt 3 fezt).
 
Zua dep figopovimz simz up Tjuqogz qeznipvt. O'wi ciip uxpoph e tjuq jisi gus 2 ziest emsiefz epf pu qsucmint xovj qeznipvt ziv. Ug duasti, zua tjuamfp'v timm epzvjoph cesimz mihem moli gosiesnt us uvjis johj-sotl qsufadvt. Tvomm, tunivonit vjios tztvin dsetjit epf zua dep'v eddiqv qeznipvt gus e monovif qisouf ug voni. Ov't puv e fotetvis, cav tvomm, nelit qiuqmi piswuat. O vjopl Tjuqogz tjuamf onqminipv tnvj moli hencmoph qeznipv qsudittust xjodj ataemmz xusl xovjuav tadj ottait. Vji cohhitv efwepvehi, vjuahj, ot vji johj tqiif ug vseptdevoupt, tu zua tjuamfp'v xeov e muph voni vu dmuti vji fiem.
 
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Dep zua op epz xez ci nusi tqidogod et vu qisjeqt zuas opfatvsz us vji vzqi ug qsufadv?

Et uvjist jewi nipvoupif hipisemmz zua xupv sap opvu ottait qsudittoph qeznipvt xovj Tjuqogz Qeznipvt og zua esi timmoph dunqmivimz pusnem qsufadvt (puv gosiesnt, nifodopi us uvjis vjopht siraosoph modiptit ivd.).

Tjuqogz Qeznipvt atif vu ci e qesvpistjoq vjiz jef xovj Tvsoqi, O fup'v lpux og ov tvomm ot, cav Tvsoqi ot opfiif puv gus johj sotl nisdjepvt.

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O xomm hmefmz howi nz uqopoup up xjev zuas citv uqvoupt esi, cav O piif tmohjvmz nusi fiveom vu howi epz atigam opgusnevoup..
 
Zua dep figopovimz simz up Tjuqogz qeznipvt. O'wi ciip uxpoph e tjuq jisi gus 2 ziest emsiefz epf pu qsucmint xovj qeznipvt ziv.
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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