Shopify Payments is the simplest way to accept payments online. It takes away the hassle of setting up a third-party payment provider or merchant account and having to enter the credentials into Shopify. With Shopify Payments, you're automatically set up to accept all major payment methods as soon as you create your Shopify store.It’s a third-party service that manages all the steps between the time a user types in their card information into your checkout page up until the money reaches your bank account. Shopify Payments lets Shopify users accept card payments without having to integrate third parties. Fees are 30¢ for every online card transactions, plus 2.9% to 2.4%, depending on your plan. In-person transaction fees are 2.7% to 2.4%.Everything takes place right in your Shopify dashboard. There’s no need to log into another platform to see where your funds are. You can also use other payment providers, so you can still let users pay through other gateways like PayPal.