How does 3rd party payment gateway like 2Checkout work for international sales?

[Mohamed0123]

After Greeting.

I want to sell my print on demand shirts,hoodies and accessories internationally. So i have to use a 3rd party payment gateways to support most of the countries.

I have two questions here.

1- how the provider ex. 2Checkout works? When a customer pay for a product how the money will be send to my bank account? Do they directly tranfer my money into my bank account or it’s going into Shopify first then i can withdrawal in shopify whenever i want. If not, then how shopify charges it’s fees?

2- Does a 3rd party payment gateway provider like  2Checkout supports Yemen banks? Can i withdraw or get my money into my bank account with 2Checkout?

Thanks.

[Moira · Accepted solution]

Hey @Mohamed0123,

2Checkout is a popular third-party payment gateway that integrates with Shopify and allows you to accept payments from customers worldwide. When a customer pays for a product, the transaction is processed by 2Checkout. The money is first received by 2Checkout, and then you can choose how to receive your funds.

Typically, 2Checkout offers various payout options. You can link your bank account to receive direct transfers to your account, or you may have the option to receive funds via PayPal, Payoneer, or other supported payment methods. The specific payout options may vary depending on your country and the services offered by 2Checkout. It's best to check with 2Checkout directly to understand the available options for your region.

The availability of Yemeni banks and withdrawal options through 2Checkout may vary. To determine whether you can withdraw funds to a Yemeni bank account, it is recommended to directly contact 2Checkout's customer support or review their documentation. They can provide you with the most accurate and up-to-date information regarding supported countries and available withdrawal options.

In terms of Shopify fees, Shopify charges its own transaction fees based on the plan you are subscribed to. These fees are separate from any fees associated with using a third-party payment gateway. You should review the pricing plans here to understand the charges and transaction fees associated with using the platform.