One of the problems we encounter when we open our online store
One problem with opening a Shopify in Andorra is the limited option to connect payment gateways to Andorran banks.
This greatly complicates eCommerce from Andorra, as many are stuck when it comes to connecting their online store to Andorran banks. Andorra does not help in this matter either.
Here you will learn how to solve this problem between your payment platform and your bank in Andorra.
Shopify development services in Andorra
Shopify is an online shopping application developed to increase sales by combining creativity and technological expertise with industry experience to offer customized solutions.
In order to help you develop your Shopify store in Andorra, we can legally advise you on the best method to connect your online store with your business in Andorra, as well as the payment platforms that are viable for your business.
We can also help you with the legal side of your team, both in terms of payroll, social security contributions, etc.
How to receive money from your Shopify sales in Andorra
Monei is a payment gateway which is a service provider that brings customer payments in your accounts to your shopify accounts.
Shopify can be difficult to use in Andorra because most of the Payment Gateway options they offer are not compatible with Andorran banks.
After understanding that I want a payment gateway to act as an intermediary between my business and my bank, we can look at how to use Shopify in Andorra. There are advantages and disadvantages for each solution.
One of the best options for your e-commerce to work in Andorra is to use payment gateways already accepted by Andorran banks. One of those payment gateways is Monei and another one is Braintree.
Good for Dropshipping
Dropshipping is a professional activity that has increasingly developed in Andorra. This has reached the point that we receive numerous requests for foreign investment to reside in Andorra by entrepreneurs who have developed their store on Shopify in Andorra.
Shofipy in Andorra has become more and more structured and has managed to establish itself completely and without any problem.
As we have said, there are many who have currently requested information about Shofify in Andorra as well as about selling on Amazon from Andorra. Unfortunately, the latter option is not yet valid in Andorra, but we can offer you solutions.
Shopify Payments Andorra
Ultimately we have this alternative technique that has been used in a number of trader cases, but not with functional alternative methods.
Shopify payments in Andorra are not officially supported. As is Paypal, so an easy way to connect to your online store would be:
Shofipy + Braintree + Andorran Bank.
Wise, is an online bank, the first online bank operating in Andorra.
100% Operational for companies and individual customers. We can set up a company or personal account without paying any fees.
It is a great alternative for companies in Andorra that need to operate in an agile way with a bank account.
This bank greatly helps those companies that work with Shopify in Andorra.
Monei Andorra
Monei has recently become a very popular payment platform thanks to its partnership with Creand.
Thanks to the agreement between the gateway and the bank, we just have to log in to Creand (Credit Andorrà).
The only Negative point: the commissions are still quite high at 3.92% + 0.23 euros per sale. Add to these small commissions that they buy would pay for us along with costs that would cause the e-commerce to lose its margins, therefore they are points that we must take into account.
In conclusion
Creating a company in Andorra to do eCommerce through Shopify in Andorra is possible and we can help you do it.
Contact us so we can help you to find the best solution for your Shopify business in Andorra and to find the payment platform that can make a complete integration between your business and your bank and thus reach the highest fiscal optimization.
