What payment processing technology powers Shopify Payments? 💳
### Explanation
Understanding Shopify Payments infrastructure:
Key points:
- Shopify Payments is powered by Stripe's payment processing technology
- Benefits of this partnership:
- Reliable payment processing infrastructure
- Wide geographic coverage
- Multiple payment method support
- Strong security standards
- While branded as Shopify Payments:
- Uses Stripe's underlying infrastructure
- Integrated directly into Shopify admin
- Provides unified dashboard for merchants
- Handles payouts and financial reporting
Answer Options:
- Elavon
- Nothing, it's separate proprietary software
- Stripe
- Klarna