Shopify Payments transfers funds to the bank account you have entered on the Payment providers page in your Shopify admin. The account you use to accept payouts needs to be a full checking account, or a current account in the UK and Ireland. For more information on the bank accounts that you can use, see Setting up Shopify Payments.
From your Shopify admin, go to Settings > Payments. From the Shopify app, go to Store > Settings. Under Store settings, tap Payments. From the Shopify app, go to Store > Settings. Under Store settings, tap Payments. In the Shopify Payments section, click the View payouts button. The Payouts page displays your previous and next payout .
How do I receive payments through Shopify payouts?
If your store has Shopify Payments enabled, then you receive payments through Shopify Payouts when a customer pays using Shopify Payments and specific accelerated checkouts. If customers pay using third-party payment gateways, then you won’t see your payout information in your Shopify admin.
You might be wondering “How long does it take for Shopify Payments to transfer funds?”
The time it takes for Shopify Payments to transfer funds to your bank account depends on your pay period . We can’t decrease an individual account’s pay period, but we’re actively working to reduce pay periods for all accounts. You can see all the transfers to your bank account that Shopify Payments attempts on the payout schedule in Shopify admin.
Why can’t I receive funds on my Shopify store?
For more information on the bank accounts that you can use, see Setting up Shopify Payments. You can’t receive funds if your payout is below $1, £1, or €1, depending on which currency you use in your store.
If you’re in the United Kingdom or Ireland, then you see “Earthport PLC Shopify” on your bank statement when the money is deposited into your bank account, instead of “Shopify”. From your Shopify admin, go to Settings > Payments .
Can I use Shopify Payments in my country?
Shopify Payments is available only to stores in certain countries. For a list of supported countries, see Can I use Shopify Payments?. Shopify Payments is the simplest way to accept payments online. It eliminates the hassle of setting up a merchant account with a third-party payment provider, and then entering your account credentials in Shopify.
Can I Sell my Shopify store on exchange marketplace?
If you sell your store using Shopify’s Exchange Marketplace, then the process is taken care of by the Exchange team. Can I pay my Shopify bill with my Shopify Payments account balance ? Yes, if you are located in the United States and using Shopify Payments, then you can pay your Shopify subscription bill with your Shopify Payments account balance.