{"id":17270,"date":"2020-04-07T20:52:15","date_gmt":"2020-04-07T20:52:15","guid":{"rendered":"http:\/\/spc.nextgentech.pk\/?p=17270"},"modified":"2020-04-07T20:52:15","modified_gmt":"2020-04-07T20:52:15","slug":"how-shopify-pays-store-owners","status":"publish","type":"post","link":"https:\/\/spc.nextgentech.pk\/?p=17270","title":{"rendered":"How Shopify Pays Store Owners"},"content":{"rendered":"<p>If you\u00e2\u20ac\u2122re considering Shopify, one of the things that you\u00e2\u20ac\u2122re going to want to know is how you\u00e2\u20ac\u2122re going to get paid. Shopify has a built-in payment gateway that uses their credit card machines to process all of your sales. At regular intervals, Shopify pays the storeowners what they are owed, minus any credit card fees that come with your Shopify plan. This is actually a really great way to accept payments because it is 100% secure, already integrated into your Shopify site and very easy to use. But, you might be wondering how you get paid. Here is the lowdown on how Shopify pays their store owners.<\/p>\n<h3>Shopify Funds Transfer<\/h3>\n<p>So, how does Shopify actually pay you? The fact is, you\u00e2\u20ac\u2122ll be able to set that up yourself in your site\u00e2\u20ac\u2122s admin area. You can have your money in as little as three days if you live in the United States or Australia. If you live in Canada or the United Kingdom you have to wait seven days. Remember, those are business days, not days of the week. For banks, business days are Monday, Tuesday, Wednesday, Thursday and Friday only, as long as they aren\u00e2\u20ac\u2122t on federal holidays when they are closed.<\/p>\n<p>However, that doesn\u00e2\u20ac\u2122t mean that Shopify works by the same rules that banks do. Shopify will transfer your funds every day. So, you might see that it is paid in your account, but you actually haven\u00e2\u20ac\u2122t gotten a payment yet. That means, most likely, the deposit has been sent out but your bank hasn\u00e2\u20ac\u2122t actually processed it and put it into your account. It could be the same day that you see it says paid or it could be the very next day depending on the processing speed of your bank.<\/p>\n<h3>First payment<\/h3>\n<p>Some of the other things that you need to keep in mind is that your first payment probably isn\u00e2\u20ac\u2122t going to happen soon. Shopify wants to make sure that there is no fraud going on with all of their new members and so they take the time to carefully check whenever somebody has a first time payment. It is usually only a few extra days. Also bear in mind, that for some products, Shopify is required to pay only every 30 days. Finally, you\u00e2\u20ac\u2122ll also have the occasional refund to deal with. Shopify deposits refunds immediately after issue but it could take a few days to get your customer&#8217;s bank account or credit card.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u00e2\u20ac\u2122re considering Shopify, one of the things that you\u00e2\u20ac\u2122re going to want to know is how you\u00e2\u20ac\u2122re going to get paid. Shopify has a built-in payment gateway that uses&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261,283,282,1,25,26],"tags":[358,286,354,284,353,355,352,314,349,357,24,351,350,356],"class_list":["post-17270","post","type-post","status-publish","format-standard","category-business","category-ecommerce","category-shopify","category-uncategorized","category-web-design","category-wordpress","tag-brick-and-mortar","tag-ecommerce","tag-entry-level-shopify","tag-shopify","tag-shopify-basics","tag-shopify-for-beginners","tag-shopify-help","tag-shopify-plus","tag-shopify-solutions","tag-themes","tag-web-design","tag-web-updates","tag-websites","tag-wordpres-or-shopify"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Shopify Pays Store Owners | Social Pop Creative<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spc.nextgentech.pk\/?p=17270\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Shopify Pays Store Owners | Social Pop Creative\" \/>\n<meta property=\"og:description\" content=\"If you\u00e2\u20ac\u2122re considering Shopify, one of the things that you\u00e2\u20ac\u2122re going to want to know is how you\u00e2\u20ac\u2122re going to get paid. 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