Executive summary:
- Integrate new payment methods like Klarna and iDEAL in France.
- Streamline international and local transactions.
- Available to Shopify Payments users with automated dispute resolution.
What changed
Shopify Payments now supports a range of local payment methods, including Klarna, Bancontact, iDEAL, BLIK, Przelewy24, TWINT, EPS, and MobilePay for merchants in France. These methods provide more flexibility and options for both merchants and customers.
Why it matters
This update significantly enhances the checkout experience by accommodating various customer preferences. It simplifies financial management by consolidating payouts within Shopify Payments and streamlines dispute handling through automation within the admin interface.
Role-specific impact
- Marketers: More payment options can increase customer satisfaction and conversion rates by accommodating diverse payment preferences.
- Developers: Minimal technical integration is required when enabling these methods through the Shopify admin panel.
- Store admins: Easily manage and control all transactions in one place thanks to the centralized payout reports and automated dispute resolutions.
Use-case example
Real-world scenario & metric
An apparel retailer in France using Shopify Payments can offer Klarna for installment purchases to increase average order value by 15% while consolidating payouts into a single report for simplified accounting.
Implementation checklist
- Navigate to Shopify admin and access Payments Settings.
- Enable desired payment methods, such as Klarna and iDEAL, from the list.
- Verify payment eligibility for your store location.
- Test the checkout flow to ensure methods are active and functional.
FAQ
Q: How do I know if my store is eligible for these payment options?
A: Eligibility is subject to Shopify's requirements and should be verified within Payments Settings.
Q: Will there be any additional fees?
A: Ensure to check Shopify’s current policy on transaction fees for additional payment methods.
Resources
Learn more about payment eligibility in Shopify’s local payment methods documentation.
Need guidance? Talk to Makro.