Save Time and Cash with Lightspeed Funds


As an on-line vendor, you’re seemingly nicely conscious of the significance of selecting the proper fee processor for your corporation. Not solely does that call have an effect on the quantity of charges you must pay, but it surely additionally performs a important half in your prospects’ buying expertise.

If solely the good fee resolution existed for on-line sellers who need to effortlessly and securely settle for funds in their Ecwid retailer… Wait, there may be! Drum roll, please—meet Lightspeed Funds!

Lightspeed Funds is delivered to you by Lightspeed, the one-stop commerce platform for retailers across the world to simplify, scale, and create distinctive buyer experiences. Particularly, the platform caters to retail, restaurant, and golf-oriented companies.

Ecwid joined forces with Lightspeed in 2021 to give on-line sellers further assets, cutting-edge applied sciences, and extra alternatives to develop. Lightspeed Funds is one among these superior perks!

What Is Lightspeed Funds?

Lightspeed Funds is a cost-effective and safe fee technique that helps handle your funds proper the place you run your on-line retailer—your Ecwid management panel. It additionally gives shoppers with a quick and straightforward checkout expertise, which is important for retaining consumers.

Lightspeed Funds is a fee system presently accessible in the US. It means that you can settle for funds in your on-line retailer through all main credit score and debit playing cards, as nicely as Google and Apple Pay.

Right here’s what makes Lightspeed Funds higher than different fee gateways:

  • It means that you can settle for funds through the hottest methods. Other than accepting Google Pay and Apple Pay in your retailer, you’ll be able to settle for all main credit score and debit playing cards, together with Visa, MasterCard, American Specific, JCB, Uncover, Diners Membership Worldwide, and extra.
  • It is budget-friendly and clear. Lightspeed Funds has aggressive charges (2.9% + $0.30 per transaction), and no hidden charges!
  • It’s protected and safe. Lightspeed Funds has built-in PCI compliance, fraud safety, and chargeback administration.
  • It’s handy and intuitive. You possibly can join for Lightspeed Funds proper out of your Ecwid management panel. There, you’ll be able to handle payouts, see fee particulars, and course of refunds.

Now let’s break down Lightspeed Funds’ key features and perks for on-line sellers.

Advantages of Getting Paid with Lightspeed Funds

Lightspeed Funds is a nice possibility each for newbie on-line sellers and established enterprise homeowners for a variety of causes.

You Save Cash on Charges

Lightspeed Funds presents clear and aggressive pricing—2.9% + $0.30 per transaction—with no hidden charges.

In comparability, PayPal Checkout (together with Venmo) expenses 3.49% + a mounted charge or 2.89% + a mounted charge per transaction.

You Save Time on Managing Funds

You possibly can simply arrange and handle Lightspeed Funds proper out of your Ecwid management panel, no tech abilities wanted. As an alternative of logging into your fee gateway on another web site, you’ll be able to try your stability, funds, and payouts on the Finance web page.

Funds processed by means of Lightspeed Funds are displayed on the Finance web page in the Ecwid Management Panel

The Ecwid management panel gives real-time reporting of your funds, permitting you to at all times know precisely what your earnings are at any second. With Lightspeed Funds, you’ll be able to handle refunds by means of the management panel, making the entire course of simpler for you and faster for your buyer.

It’s Handy Each for You and Your Prospects

Right here at Ecwid, we try to make the lifetime of on-line sellers simpler. That’s why we simplify all operations and allow you to handle them from one place. Lightspeed Funds is no completely different. Its setup and fee administration are easy for any on-line vendor, no matter tech data or enterprise background.

As for your prospects, they’ll admire a seamless, safe, and quick on-line checkout—one of the most necessary steps in the buyer journey. Prospects can checkout even sooner with Apple and Google Pay. As Lightspeed Funds accepts all main bank cards, they supply a flexibility that helps forestall deserted carts, placing you forward of your rivals.

Lightspeed Funds is additionally mobile-friendly, letting prospects buy their favourite merchandise on their smartphones simply as simply as on their computer systems. As 79% of smartphone customers depend on their telephones to make purchases, it’s best to undoubtedly be sure that the cellular model of your retailer is as straightforward to use as your web site, if not simpler.

You’re Protected From Fraud

With Lightspeed Funds, you’ll be able to course of your funds confidently and securely with built-in PCI compliance, which gives bank-level safety.

Lightspeed Funds protects you and your prospects’ knowledge with end-to-end encryption. It is a technique of safe communication that stops third events from accessing data as it is transferred between events throughout a transaction.

Lightspeed Funds lets you forestall fraud and chargeback in some ways, together with having prospects specify billing addresses. With a billing tackle, a fee gateway can confirm whether or not it matches the knowledge from the card-issuing financial institution. If the knowledge doesn’t match, Lightspeed Funds will forestall a fraudster from shopping for in your retailer.

The Billing tackle part is prefilled with a buyer’s delivery tackle

 Set Up Lightspeed Funds in Your Retailer

Are you able to begin reaping the advantages of Lightspeed Funds for your on-line retailer? Relaxation assured, it’s very straightforward to arrange!

Lightspeed Funds is accessible on all plans, together with a free one, for Ecwid sellers in the US (phrases and situations apply).

Nonetheless no Ecwid retailer? Join proper now to arrange a free on-line retailer in minutes.

Making use of for Lightspeed Funds

Establishing Lightspeed Funds is extremely straightforward. All you must do is apply for the fee technique out of your Ecwid management panel. Study the best way to apply for Lightspeed Funds in our Assist Heart.

Apply for Lightspeed Funds

After you submit your utility in the Ecwid Management Panel, it can be checked robotically and seemingly authorized for accepting funds in your retailer. This manner, you can begin benefiting from the decrease charges and comfort of the gateway straight away.

You possibly can submit your utility proper in the Ecwid Management Panel

In the meantime, the Lightspeed Funds group will evaluation your utility manually to approve it for payouts. In some circumstances, they may request further paperwork. For instance, if you promote medical merchandise, you may must current the obligatory certificates.

As soon as your utility is absolutely authorized by the Lightspeed Funds group (it could take a number of enterprise days), you’ll see a notification in your Ecwid management panel. After that, you can begin accepting and receiving funds straight away.

In uncommon circumstances, an utility may not get authorized robotically. Such functions are despatched to the Lightspeed Funds group for additional evaluation. They’ll attain out to you through e-mail inside a couple of enterprise days to request some paperwork and enable you to with the approval course of.

Notice: Make sure you add authorized pages, product, and delivery settings in your retailer earlier than making use of for Lightspeed Funds. You possibly can apply with out, however your retailer received’t be absolutely authorized till you add that data. In which case, you’ll be able to settle for funds however received’t be in a position to withdraw your hard-earned money.

Getting Paid with Lightspeed Funds

As soon as your retailer is absolutely authorized for Lightspeed Funds, you’ll be able to lastly begin getting paid!

After the fee is processed, cash can be robotically deposited into your checking account inside two enterprise days (the payout is the transaction quantity minus the charges). It might take longer to get your first payout than you may count on, however you could find transaction data on the Finance web page in your Ecwid management panel to be taught extra.

You possibly can see details about transactions made with Lightspeed Funds everytime you need

Take a look at the following Assist Heart articles to be taught extra about managing Lightspeed Funds in your retailer:

If you have got any questions on enabling and utilizing Lightspeed Funds in your retailer, don’t hesitate to attain out to our Buyer Care group.

Begin Saving Time and Cash with Lightspeed Funds

For any on-line vendor, accepting funds is a essential, if not the most necessary, a part of a enterprise. If you need to lower your expenses on fee processing charges and simplify your fee routine, we suggest making use of for Lightspeed Funds. You get decrease charges, sooner payouts, and the safety of realizing that your transactions are protected.

Lightspeed Funds is simple to arrange and takes much less time than scrolling by means of your social media feed.

So what are you ready for? Apply at this time and begin profiting from all that Lightspeed Funds has to supply!

Apply for Lightspeed Funds


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