Dharma Merchant Services vs Shopify Payments

Dharma Merchant Services is a credit card processing company founded in 2007 and based in San Francisco, California. They offer their solutions to various industries, including retail, service, nonprofit, and e-commerce. They provide complete merchant services for online businesses, offering next-day funding and month-to-month agreements without annual contracts or early termination fees. Dharma supports sustainable businesses that follow environmentally friendly initiatives, such as using green energy and recycling products. They also work with women and minority-owned businesses to help build a strong community. They enjoy an excellent reputation among their customers, and have an A+ rating on the BBB.

Shopify Payments, a key player in the e-commerce industry, was founded as a comprehensive commerce platform aiming to empower businesses to start, grow, and scale effectively. Established in 2013, the company's headquarters are located in Ottawa, Canada. Shopify Payments is an integral part of the Shopify ecosystem and provides a fully integrated payment processing solution for businesses of all sizes. Shopify Payments enables users to accept and process transactions seamlessly, whether online, in-person, or via mobile devices. This payment solution goes beyond conventional transaction processing by providing a suite of services, including an integrated payment gateway, chargeback management, and various payment method acceptances. Furthermore, they cater to individual entrepreneurs, small businesses, and enterprises and support international transactions, allowing companies to thrive on a global scale. Shopify Payments stands out for their user-friendly approach, integration capabilities, global reach, and more. Customer experiences with Shopify Payments vary, with positive reviews highlighting the intuitive dashboard, seamless integrations, and the absence of transaction fees for their gateway. On the flip side, some users have raised concerns about fund holds, account shutdowns, and challenges in reaching customer support. As businesses seek reliable payment solutions, Shopify Payments continues to be a contender worth exploring for those aiming to enhance their online and in-person transactions.