Shopify Payments and Checkout Flashcards
6 cards from real Shopify practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Shopify Payments and Checkout flashcards as text
What is 'Shopify Payments' and what is its key advantage?
Answer: Shopify's built-in payment processor that eliminates transaction fees
Shopify Payments is Shopify's native payment gateway that removes third-party transaction fees when used.
What additional fee does Shopify charge when using a third-party payment gateway instead of Shopify Payments?
Answer: A transaction fee of 0.5%–2% depending on the plan
Shopify charges a transaction fee (0.5%–2% based on plan) when merchants use an external payment provider instead of Shopify Payments.
Which payment method does Shopify support for installment payments at checkout?
Answer: Shop Pay Installments
Shop Pay Installments allows customers to split their purchase into interest-free payments at checkout.
What is 'Shop Pay' in the context of Shopify checkout?
Answer: An accelerated checkout that saves customer payment and shipping details
Shop Pay is an accelerated checkout option that lets returning customers complete purchases with saved information in one tap.
Where do you configure which payment methods appear at checkout in Shopify?
Answer: Settings > Payments
Payment methods, including Shopify Payments and third-party gateways, are configured under Settings > Payments.
What does 'fraud analysis' in Shopify orders help merchants do?
Answer: Identify potentially fraudulent orders using risk indicators
Shopify's fraud analysis flags orders with risk indicators so merchants can review them before fulfilling.