Shopify is a wonderful platform that offers excellent service. The payment gateways of Shopify use Stripe as the service provider. Also, there is some confusion about connecting or integrating your existing Stripe account with the Shopify store and hence you need to create a new stripe account.
Stripe is basically the SaaS tool for payment management. It also helps to build the all-in-one solution of payment for any of the business, irrespective of the fact that the business provides you with the on-demand service, with the sales of the traditional product, or with some of the services that are mainly subscription based. The tool of Stripe is mainly designed to assist the users with the great variety of the tasks that are usually related to running of the businesses, that also includes: issuing of the refunds, processing of the orders, as well as managing of various subscriptions.
On the other hand, Shopify is basically an eCommerce platform which offers you with the tools for both the options of online sales as well as for physical sales. On the platform of Shopify, the users will be able to simply set up the online store with some of the themes that are pre-made. They may even accept the payments from great variety of sources and also use analytics to simply look at the latest trends of the business sales. It may even help them to simply understand that where they should better focus on the sales and also some of the efforts of marketing
The Shopify Logo offers the instructions to simply use the option of Stripe as the payment gateway for the Shopify store:
1. You need to login to the Shopify store.
2. After then click on the settings option.
3. Click on the Payments.
4. To accept the section of Credit Cards Shopify gateways of Payments.
5. Click on the button Activate.
6. After this Click on Complete setup of the account.
7. Enter different details and then click on submit.
After taking the above mentioned steps you need to also accept the payments done through payment of credit card and, even though the Shopify Payments generally use Stripe, you will not be able to simply view the payment gateway of Shopify in the dashboard of Stripe.
Key points for Stripe’s!
– Stripe Charges
You can simply Retrieve the data from customer transactions, that offers some of the basic details about customer, like name, email and address, apart from data about charge, like if it is accepted, refunded as well as disputed, etc.
– Stripe Customers
You can simply View or simply create the data about some of the new as well as current customers that simply allows you to easily keep a track of the recurring charges, multiple purchases and also the subscriptions. It may, in turn, assist you to simply monitor the transaction history of the customer all through their lifecycle with the company.
– Stripe Events
You need to retrieve any of the automatically event that is recorded and that occurs on the account, irrespective of the fact that it’s a subscription, charge, failed payment of invoice, or any other else note. It permits you to simply have current, for the updated data about what happens on the account at the given point of time.
– Stripe Invoices
It helps to simply monitor the invoice that is created being a part of the recurring payment on the Stripe. It returns the entire data on charged amount, irrespective of the invoice was quite successful, you should also know the number of attempts the invoice should be made for collecting the money, and also the subscriptions are simply linked to the invoice, if it is applicable.
– Stripe Subscriptions
You may also track the clients that are subscribed to the plans, and also when they are subscribed, when they get canceled, and how many number of users they are subscribed. The field even permits you to track different kind of charges that are well associated with subscriptions so you may also monitor revenue they usually generate.
Some key points of Shopify
– Abandoned Checkout of Shopify
You may also Track the checkouts which were added to the cart of customer but not completed as being the sales. Such field includes the data about customer, product as well as the reason to get your order canceled. It may also help to identify the products which are much commonly abandoned at the time of checkout and why, permitting you to simply run better analyses of predictive about future products and about the customers.
– Shopify Customers
It helps to Retrieve the basic information about the customer – such as email, ID, mailing address, as well as name – and also the data about the behavior of customer, like last order of the customer made, the amount spent or about number of orders they have done with the company. You may also use this data for focusing the marketing efforts towards the specific customers as well as demographics.
– Shopify Orders
You can also Retrieve some of the crucial data about the request order, such as the customer contact information, product that is ordered or status of order. After this, use the given field to track some crucial sales data such as which products are ordered most or the sales trends that are based on region and on the product price.
– Shopify Products
You may also create the number of groupings of product and also view data that is ranging from product name as well as product ID about how much product weighs, as it was created as well as how much it does costs.
– Shopify Refunds
You may also capture the data from any of the transaction where money to get refunded to customer and also other transactions where the product item that also has been returned subsequent to being ordered. Moreover, you may also view the details about how it gets refunded, what are the products that got returned.