Shopify recently announced that Shopify Pay will now be called Shop Pay; there won’t be a name change for Shopify Payments though. Confused? Read on to sort your Shopify Pay from your Shop Pay, and then your Shop Pay from your Shopify Payments!
What is Shopify Pay?
It is a customer facing service. It’s an accelerated checkout that allows customers to save their email address, credit card, and shipping and billing information. By saving these details, customers can speed through the checkout when they next visit any Shopify store, without needing to enter card details or remember passwords.
So What Is Shop Pay?
It is simply the new name for Shopify Pay. The name has changed but the service remains exactly the same.
Should your customers have questions, you can direct them to the specific customer-facing help page here.
Shop Pay Vs Shopify Payments
The former is a customer facing service whereas Shopify Payments is a merchant facing service.
Shopify Payments is the easiest way for Shopify websites to accept payments online as it removes the need to set up a third-party payment provider or merchant account and then enter their credentials into Shopify.
By using Shopify Payments, merchants can automatically accept all major payment methods once their Shopify store is live. To offer Shop Pay to customers on your website, you must be using Shopify Payments. It is then automatically enabled in your store.
Do I Need To Make Any Changes?
As there are no changes to the actual product at this time you don’t need to take any action. Stores with the product already enabled will continue to benefit from increased conversion rates for returning customers.
Need More Help?
You may be interested to read our blog post - Shopify Payment Gateways: Our Guide To The Top Options. The post explores:
what’s a payment gateway & why do I need one?
questions to ask when choosing a Shopify payment gateway, and
our top picks for Shopify payment solutions in the UK.
Alternatively, if you’re planning a Shopify Plus project, or simply want more information, do get in touch with blubolt. We would love to chat!
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