The Merch Shop bypasses: -shopify-credit card company-card issuing bank-merchant bank -payment processor (Stripe)-payment gateway (encrypts and transmits card data-Shopify Payments (shopify's wrapper on top of Stripe, takes its own cut)-Fraud screening services-3D Secure / authentication services-currency conversion / FX provider (if cross-border)-Chargeback management services-ACH network or wire system (moves settled funds from acquirer to merchant's business bank account)each one takes a cut.
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x.comDanny Brown Wolf
The Merch Shop bypasses: -shopify-credit card company-card issuing bank-merchant bank -payment processor (Stripe)-payment gateway (encrypts and transmits card data
Danny Brown Wolf (@Dannyhbrown). 69 likes 10 replies. The Merch Shop bypasses: -shopify-credit card company-card issuing bank-merchant bank -payment processor (Stripe)-payment gateway (encrypts and transmits card data-Shopify Payments (shopify's wrapper on top of Stripe, takes its own cut)-Fraud screening services-3D Secure / authentication ...
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