What is the payment gateway for Shopify in Brazil?

23 Aug 2024

Anyone who wants to run a Shopify store in Brazil must select the Shopify payment gateway in Brazil correctly because the most significant percentage of money transactions are carried out through it. Shopify currently supports some payment channels to meet the demands of Brazilian retailers and enable them to receive payments from clients both domestically and abroad.

By providing information about these gateways and their components, Brazilian companies can improve their Shopify payment gateway Brazil processes and guarantee that customers enjoy a positive shopping experience.

Key Shopify payment gateway Brazil

Mercado Pago

It's a payment processing service by Mercado Libre and is among the most widely used payment gateways in Brazil commonly used by e-commerce firms. It is a Fintech subsidiary of MercadoLibre, Latin America’s largest online marketplace. “Mercado Pago provides an end-to-end payment solution, enabling several modes of payment such as credit card and debit card, boleto bancário, mostly used in Brazil." It is believed to be one of the most reliable, secure, and widely spread gateways across the United States.

It is easy for Mercado Pago to be integrated with Shopify through the checkout system, where merchants are enabled to sign up and start accepting Shopify payment gateways in Brazil. Also, the target audiences are satisfied with installment payments, which are equally welcomed among consumers in Brazil; this way, Mercado Pago allows entrepreneurs to reach more customers and generate higher revenue.

PagSeguro

Another famous Shopify payment gateway Brazil solution is PagSeguro, which originated in Brazil, is accepted almost everywhere, and is quite flexible. The following payment types are accepted: credit/debit cards, bank transfers, and cash through Boleto Banco. Customers can easily purchase products with pricing thanks to PagSeguro's support for installment payments.

PagSeguro implementation with Shopify enables Brazilian entrepreneurs to handle all the transactions on the Shopify interface, thus enhancing their business payments. Account security is also well taken through adequate security measures to permit the safe processing of the transactions in line with the respective country’s regulations.

PayPal

One of the most well-known worldwide payment methods applicable in Brazil is PayPal. They facilitate payment in several currencies, which is quite helpful to Brazilian activators who work with international clients. The same for buyer protection; PayPal has made its customers trust it more than they trust a company that does not have this feature, resulting in higher conversion rates.

Making payments is simple, as PayPal is readily incorporated into the Shopify platform for merchant use. Despite the relatively high charges, PayPal is a reputable international payment processor recognized by many clients more than some local payment gateways; thus, it serves a good purpose, especially for firms that want to venture into the international markets.

Cielo

Cielo is one of the biggest payment processors in Brazil, specializing in a wide range of payment services for both online and offline companies. , credit and debit cards, local payment systems such as Boleto Banco Brasileiro, and others. The majority of merchants who require a reliable and effective payment processing system to handle high transaction volumes choose Cielo.

Cielo’s integration with Shopify is functional: enabling the merchants to accept payments and to conduct sales within Shopify. One of the benefits is also the focus of the gateway on the Brazilian market and the availability of different types of payments for Shopify stores.

Choosing the Right Shopify Payment Gateway Brazil for Your Shopify Store

When selecting a payment gateway for your Shopify store in Brazil, consider the following factors:

• Payment Methods: Make sure that the selected gateway covers the types of payment that your target clients preferably use.
• Transaction Fees: The transaction fee varies from one gateway to the other; therefore, compare the cost to identify the best fit for your business.
• Customer Support: Choosing a payment gateway with excellent client assistance is advised if you want to assist customers who are having issues.
• Security: When choosing the gateways, it is wise to look into the security measures the provider has put in place to ensure your customers’ information is secured.

Thus, although Shopify offers several Shopify payment gateway Brazil options for merchants, finding a potential extra solution, such as PayCEC, is beneficial. The service suggested by PayCEC is concentrated on giving Brazilian businesses accurate, customized solutions in the payment service industry.

When choosing PayCEC, you will enjoy the company’s comparatively low transaction fee, improved security, and customer service oriented to the needs of a particular client.

When you link PayCEC to Shopify, your company can enhance its payment function, enhance the relationship with customers, and spur the development of your Shopify store. Discover PayCEC now and push your Shopify company further in the highly relevant Brazilian niche.