10 Best Payment Gateways for Shopify in Pakistan

payment gateway for shopify in Pakistan
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Do you know that as of June 2023, there were over 500,000 apparel online stores built on Shopify’s e-commerce platforms in Pakistan?

With the growing trend of e-commerce in Pakistan, having the right payment gateway for your Shopify store is necessary. In fact, Shopify accounts for nearly 14 percent of the worldwide market of online payment processing technologies, ranking third after PayPal and Stripe.

When you integrate a payment gateway that relates specifically to the Pakistani market, it allows you to streamline transactions, enhance customer trust, and increase sales.

Let’s explore the best payment gateway solutions for Shopify in Pakistan, so you can take your e-commerce business to the next level!

What is Payment Gateway

Payment gateways are used for online transactions by securely transmitting payment information between customers and merchants. Essentially, a payment gateway acts as a bridge between the customer’s payment method and the merchant’s bank account, ensuring that transactions are processed securely and efficiently.

There are three primary types of payment gateways:

Hosted Payment Gateways:

  • With hosted payment gateways, customers are redirected to a separate payment gateway page to complete their transactions.
  • Once the payment is processed, customers are redirected back to the merchant’s website.
  • This type of gateway is also known as a redirect payment gateway.

Self-Hosted Payment Gateways:

  • Self-hosted payment gateways allow merchants to collect payment information directly on their website.
  • The payment data is then securely transmitted to the payment gateway for processing.
  • While the payment processing occurs off-site, the customer’s checkout experience remains seamless within the merchant’s website.

Non-Hosted Payment Gateways:

  • Non-hosted payment gateways involve merchants collecting and processing payment information entirely on their own website.
  • This type of gateway requires advanced technical setup and maintenance, making it more suitable for larger enterprises with the resources to manage it effectively.

Understanding the differences between these types of payment gateways is essential for merchants seeking to optimize their online payment processes and enhance the overall shopping experience for their customers.

Top 10 Payment Gateways for Shopify

When it comes to setting up payment gateways for Shopify stores in Pakistan, merchants have several options to choose from, each with its own features, benefits, and considerations. Let’s explore the top 10 payment gateways for Shopify in Pakistan in detail:

1. JazzCash

JazzCash is a popular mobile wallet in Pakistan, offering a convenient and secure payment solution for both online and offline transactions. It allows customers to make payments using their mobile phones, bank accounts, or JazzCash debit cards.

Integration process with Shopify: Integrating JazzCash with Shopify is easy. Merchants can utilize third-party apps or plugins specifically designed for Shopify integration. Once configured, customers can select JazzCash as a payment option during checkout.

Pros and cons for Pakistani merchants:

  • Pros: Widely used and trusted by Pakistani consumers, seamless integration with Shopify, support for multiple payment methods including mobile wallets and bank transfers.
  • Cons: Limited international support, may require additional verification steps for merchants.

2. EasyPaisa:

EasyPaisa is another popular mobile wallet in Pakistan, offering a range of financial services including bill payments, money transfers, and online shopping payments. It provides a user-friendly interface and widespread availability across Pakistan.

EasyPaisa integrates smoothly with Shopify, allowing merchants to accept payments from customers using their EasyPaisa accounts or mobile wallets. The integration process is simple, and transactions are processed securely.

Customers appreciate the convenience and accessibility of EasyPaisa for making online payments. However, some may encounter occasional delays or technical issues during the payment process.

3. Payoneer Checkout:

Payoneer Checkout is ideal for Shopify merchants conducting international business, as it supports multiple currencies and offers competitive exchange rate.

Integration steps with Shopify

Integrating Payoneer Checkout with Shopify involves installing a Payoneer app from the Shopify App Store. Once installed, merchants can configure their Payoneer account settings and start accepting international payments.

4. Coinbase Commerce:

While cryptocurrency regulations in Pakistan are still evolving, Coinbase Commerce offers a secure and efficient way for Shopify store owners to accept digital currency payments. It supports popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

Advantages for Shopify store owners: Coinbase Commerce provides merchants with access to a global customer base that prefers to pay with cryptocurrencies. Transactions are processed quickly and securely, with low fees compared to traditional payment methods.

Considerations for security and volatility: Merchants should be aware of the security risks and price volatility associated with cryptocurrency transactions. Coinbase Commerce implements robust security measures to protect against fraud, but fluctuations in cryptocurrency prices may impact revenue.

5. 2Checkout Convert Plus (by Verifone):

2Checkout Convert Plus, now part of Verifone, offers a comprehensive payment solution accepted worldwide. While its reach extends globally, including Pakistan, its compatibility with local banking systems and currencies makes it a viable option for Shopify merchants in the country.

Specific benefits for Shopify integration: 2Checkout Convert Plus seamlessly integrates with Shopify, providing merchants with a secure and reliable payment processing solution. With its user-friendly interface and robust features, merchants can offer a seamless checkout experience to their customers, thereby enhancing conversion rates and customer satisfaction.

Analysis of fee structure and customer service: The fee structure of 2Checkout Convert Plus typically includes transaction fees and possibly monthly subscription charges. While specific rates may vary, merchants can expect competitive pricing compared to other payment gateways.

6. Paymob – Native Checkout for Debit/Credit Cards

Paymob’s Native Checkout for Debit/Credit Cards provides Shopify merchants in Pakistan with customizable payment solutions tailored to their specific needs. Merchants can personalize the checkout experience to align with their brand identity and optimize user experience, leading to higher conversion rates and customer satisfaction.

Integration guide with Shopify: Integrating Paymob with Shopify is a straightforward process facilitated by plugins or apps available in the Shopify App Store. Merchants can follow step-by-step instructions provided by Paymob to seamlessly integrate their payment gateway with their Shopify store, enabling them to accept debit and credit card payments with ease.

7. Atome PayLater

Atome PayLater introduces a flexible payment option known as the “buy now, pay later” model, allowing customers to make purchases and pay for them in installments over time. This payment method appeals to consumers seeking greater flexibility and affordability.

By offering Atome PayLater as a payment option, Shopify merchants in Pakistan can attract more customers and increase sales conversion rates. The option to pay in installments removes financial barriers and encourages impulse purchases, thereby driving higher revenue for merchants.

Steps to integrate with Shopify stores in Pakistan: Integrating Atome PayLater with Shopify stores in Pakistan involves installing the Atome plugin or app from the Shopify App Store. Once installed, merchants can customize the payment settings and display Atome PayLater as a checkout option. Customers can then select Atome PayLater at checkout and complete their purchase using the “buy now, pay later” model.

8. Oceanpayment

Oceanpayment provides a comprehensive range of payment solutions, including credit/debit card processing, e-wallet payments, and bank transfers. With its robust infrastructure and extensive network, Oceanpayment ensures seamless transactions for merchants and customers alike.

Security features and multi-currency support: Security is paramount in Oceanpayment’s services, with advanced encryption and fraud detection measures in place to safeguard transactions. Additionally, Oceanpayment supports multi-currency transactions, allowing Shopify merchants in Pakistan to accept payments in various currencies, enhancing their global reach.

Shopify integration nuances: Integrating Oceanpayment with Shopify is a straightforward process, typically facilitated through plugins or apps available in the Shopify App Store. Once integrated, merchants can configure their payment settings and start accepting payments through Oceanpayment, thereby streamlining their e-commerce operations.

9. iPay88 Malaysia

iPay88 Malaysia specializes in facilitating cross-border payments, making it an ideal choice for Shopify merchants in Pakistan looking to expand their international customer base.

With its extensive network and expertise in cross-border transactions, iPay88 Malaysia simplifies the process of accepting payments from customers worldwide.

Key features and Shopify compatibility: iPay88 Malaysia offers a range of features tailored to the needs of e-commerce merchants, including secure payment processing, fraud prevention, and customizable checkout options. Moreover, iPay88 Malaysia seamlessly integrates with Shopify, allowing merchants to quickly set up and start accepting payments on their Shopify stores.

Customer support and resolution process: iPay88 Malaysia prides itself on providing responsive customer support to merchants, offering assistance with integration, technical issues, and payment inquiries. In the event of any disputes or discrepancies, iPay88 Malaysia’s dedicated support team works closely with merchants to resolve issues promptly and ensure a positive customer experience.

10. Rapyd Payments

Rapyd Payments offers a comprehensive fintech platform that enables businesses to access a wide range of financial services, including payment processing, compliance solutions, and payout capabilities.

With its modular and scalable infrastructure, Rapyd Payments empowers merchants to optimize their payment operations and drive growth.

Coverage of payment methods suitable for Pakistan: Rapyd Payments supports a diverse array of payment methods suitable for Pakistani consumers, including credit and debit cards, e-wallets, bank transfers, and cash payments. This comprehensive coverage ensures that Shopify merchants in Pakistan can cater to the preferences of their target audience effectively.

Shopify store integration process and support: Integrating Rapyd Payments with Shopify is seamless, thanks to pre-built plugins and APIs that streamline the integration process. Additionally, Rapyd Payments provides dedicated technical support and assistance to Shopify merchants, ensuring smooth integration and ongoing operational support.

Factors to Consider When Choosing a Payment Gateway

When selecting a payment gateway for your Shopify store in Pakistan, several critical factors come into play to ensure seamless transactions, compliance with local regulations, and enhanced customer satisfaction. Let’s discuss these factors in detail:

Compatibility with Shopify and Local Banking Systems:

  • It’s essential to choose a payment gateway that integrates smoothly with Shopify’s platform, allowing for effortless setup and management.
  • Look for gateways that offer dedicated plugins or APIs specifically designed for Shopify integration.
  • Additionally, consider the compatibility of the payment gateway with local banking systems in Pakistan. Ensure that the gateway supports transactions in Pakistani Rupees (PKR) and can seamlessly communicate with banks in the country.

Transaction Fees and Processing Charges:

  • Evaluate the transaction fees and processing charges associated with each payment gateway. These fees can vary significantly depending on the provider and the type of transaction (e.g., domestic vs. international).
  • Consider both flat fees and percentage-based fees for each transaction, as well as any additional charges for currency conversion or cross-border transactions.
  • Compare the fees of different payment gateways to choose the option that offers the most competitive rates while still meeting your business needs.

Security Features and Compliance:d

  • Security is paramount when handling online payments. Look for payment gateways that adhere to international security standards such as PCI DSS (Payment Card Industry Data Security Standard).
  • Ensure that the payment gateway encrypts sensitive customer data during transmission and stores it securely to prevent unauthorized access or data breaches.
  • Verify the provider’s compliance with local regulations and banking standards in Pakistan to mitigate legal and regulatory risks.

Customer Support and Integration:

  • Opt for a payment gateway that offers reliable customer support to assist you with setup, troubleshooting, and ongoing maintenance.
  • Consider the ease of integration with your Shopify store. Look for gateways that provide comprehensive documentation, tutorials, and developer resources to streamline the integration process.
  • Assess the availability of technical support channels such as email, phone, and live chat to ensure prompt assistance whenever you encounter issues or have questions.

Support for Local and International Payments:

  • Choose a payment gateway that supports a wide range of payment methods, including credit/debit cards, mobile wallets, and bank transfers commonly used in Pakistan.
  • Consider the availability of local payment options such as JazzCash, EasyPaisa, and bank transfer facilities offered by major Pakistani banks.
  • Ensure that the gateway supports international payments to cater to customers outside Pakistan. Look for compatibility with major credit card networks, alternative payment methods, and multi-currency support to facilitate transactions with international customers.

By carefully considering these factors and conducting thorough research, you can select the right payment gateway for your Shopify store in Pakistan, enabling seamless transactions, maximizing revenue, and enhancing customer satisfaction.

Final Thoughts

Selecting the right payment gateway for your Shopify store in Pakistan is crucial for optimizing conversion rates and enhancing the overall shopping experience for customers.

By using payment gateways effectively, focusing on user experience and prioritizing security and trust-building measures, you can create a seamless checkout process that drives sales and improve customer loyalty.

Remember to consider the specific needs of your target market and business model when choosing a payment gateway, ensuring alignment with your long-term objectives and growth strategies.

Frequently Asked Questions

What are the available payment methods for a Shopify store in Pakistan?

The available payment methods for a Shopify store in Pakistan include cash on delivery, bank transfers, credit and debit card payments through payment gateways, and mobile wallets such as JazzCash and EasyPaisa.

Can I use international payment methods for my Shopify store in Pakistan?

Yes, you can enable international payment methods such as PayPal, Stripe, and Authorize.net for your Shopify store in Pakistan. However, keep in mind that these payment gateways may have additional transaction fees and may require you to have a PayPal or Stripe account registered in a supported country.

Which payment gateway is the most popular for Shopify stores in Pakistan?

JazzCash is currently the most popular payment gateway for Shopify stores in Pakistan, due to its ease of use and widespread availability. However, other options such as EasyPaisa, UBL Omni, and HBL Konnect are also gaining popularity.

How do I set up payment methods for my Shopify store in Pakistan?

To set up payment methods for your Shopify store in Pakistan, go to your Shopify dashboard, click on “Settings”, then “Payment providers”, and select the payment gateways you want to enable. You will need to provide a bank account and other relevant information to complete the setup.

Are there any transaction fees for using payment methods on a Shopify store in Pakistan?

Yes, there may be transaction fees associated with using certain payment gateways for your Shopify store in Pakistan. It is important to research and compare the fees of different gateways to find the best option for your business.

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