Payment options: How to set up and configure it in WooCommerce websites

Payment options are probably one of the most important features when it comes to building an online store. Having multiple payment choices will ensure a fruitful result for your business. As a result, customer satisfaction will be boosted, if you include a lot of suitable paying options. Also, by having a lot of payment methods, the probability of shoppers being lost because of the lack of the requested options will be massively reduced.

WooCommerce checkout features – which are mostly related to the payment settings – play a vital role in running an online store. Having that, and bounce rates will be decreased rapidly, and as a result, more sales and conversions for your store. So now, we – ArrowHiTech would like to introduce to you guys the steps on how to set up and configure the payment options feature for your WooCommerce website. Let’s go!

The steps to set up payment options for WooCommerce

WooCommerce allows you to define these features at the initial stages of setting up your store itself. When you first install WooCommerce, you will be able to enable multiple online and offline payment methods.

Let’s head into the easy steps.

Step 1: Head over to WooCommerce, then click on Settings. You should be able to see the Settings dashboard.

Settings dashboard of Payment options.
Settings dashboard of Payments

Step 2: Click on the “Payments” options, here we have the Payments dashboard for you. You can configure the payment options that can be suitable for your store. Also, you can sort the order of display by “drag-n-drop” according to your preference.

Step 3: After choosing each payment option, you should click the Save changes button. As a result, this will ensure your store will have the exact payment options you may need. 

How to configure your payment options in WooCommerce?

We’ve come to the right path. After setting up the basic payment options in WooCommerce, it’s time to take it to the next level. In the next few lines of this tutorial, we will show you how to configure the basic payment methods provided by WooCommerce.

Direct bank transfer configurations

After done setting up, it is time to actually configure the direct bank transfer payment methods on your website. The options you will need to configure for this payment method are few and they are quite intuitive – Description, Introduction, and Account Details. Then, the last one is actually used to add bank accounts you would like the transfer to be pointed at. Once you complete all the changes, click on the Save changes button.

#2. Cheque configuration

The next payment method is called Cheque and as the name suggests it is used for allowing your customers to pay with an e-cheque. The options you have to configure here are also relatively simple – Title, Description, and Introduction. Once you’re finished, you should click on the Save changes button. As a result, this will automatically save your configuration for your site’s payment options.

#3. Cash-on-delivery (CoD) configuration

Cash-on-delivery is probably one of the most favored payment methods for any WooCommerce website ever. As the name suggests, you would like to enable your customers to pay whenever they receive the product. When you are done with your alterations, click the Save Changes button will be a wise thing to do. As a result, you are ready to receive payments upon delivery.

#4. PayPal configuration – the fastest payment options

This option contains the basic information as the other options do, however with the addition of the PayPal Email, PayPal Sandbox, and Debug Log options. Moreover, these are used respectively for defying your Paypal accounts if the shop is in sandbox mode. 

PayPal contains some pretty advanced settings. Let’s review those:

  • Receiver Email – Your email account with PayPal to which the funds will be sent
  • PayPal Identity Token – The Identity token of your PayPal account. 
  • Invoice Prefix – The prefix used for the generation of the invoice number
  • Shipping Details – This option will allow you to send Shipping address instead of billing information for the payment options.
  • Address Override – This option will disallow the change of address information by the customers.
  • Payment Action – Here you should choose to capture funds immediately or to authorize payment only
  • Page Style – The name of the page you want to use for checkout with PayPal.

Once you are done, you should move forward to the last section of settings which is called API Credentials. There you will need to fill your Username, Password and Signature. Finally – the Save Changes button – you should remember it by now.

Final words

That should be it! Here are the steps and tips on how to set up and configure your payment options in the WooCommerce website. After reading this article, you will have the basic knowledge to have the best payment methods for your eCommerce store. As a result, you and your business will be much more fruitful than ever.

Want to find the best solutions for your WooCommerce website? We – ArrowHiTech can help you. We believe that our WooCommerce development services can help you to get successful for your business. If you don’t want to miss this great opportunity, let’s check it out now.