As a small business owner, understanding the payment process on Shopify is crucial. When customers check out, they can pay using any method activated in your Shopify admin’s Payment providers section. Shopify supports various payment methods:
- Credit Card Payments: Enable Shopify Payments or a third-party provider for credit card transactions.
- Alternative Online Payments: Activate options such as PayPal, Meta Pay, Amazon Pay, and Apple Pay.
- Additional Payment Methods: Consider accepting cryptocurrency and other payment methods to provide more flexibility for your customers.
How you get paid
When setting up a payment provider to accept credit card payments, there is typically a delay between the customer’s payment and your receipt of funds due to processing times. After processing, the funds are transferred to your merchant account.
Payment providers like PayPal have unique methods for transferring funds. Verify with your chosen provider for specific details. You can also accept manual payments such as money orders or bank transfers. If Shopify Payments is not activated, third-party transaction fees apply to all orders processed through Shopify’s checkout system.
Activating Shopify Payments allows you to receive payments via Shopify Payouts for transactions made through Shopify Payments and specific accelerated checkouts. Payments through third-party gateways do not display payout
Payment provider
Provider type
How the customer pays
How you get paid
Shopify Payments
Payment gateway
Using Shopify Payments
Through Shopify Payments
Apple Pay
Accelerated checkout
Using Apple Pay
Through Shopify Payments
Amazon Pay
Payment gateway
Using Amazon Pay
By Amazon
Amazon Pay on Shopify Payments
Accelerated checkout
Using Amazon Pay
Through Shopify Payments
Meta Pay
Accelerated checkout
Accelerated checkout
Using Meta Pay
Google Pay
Accelerated checkout
Using Google Pay
Through Shopify Payments
Paypal
Payment gateway
Using PayPal
By PayPal
Shop Pay
Accelerated checkout
Using Shop Pay
Through Shopify Payments
Shop Pay Installments
Payment gateway
Using Shop Pay
By Affirm, through Shop Pay Installments
How often you get paid
If you use Shopify Payments, you can check your pay period to see when you’ll receive payouts from credit card orders. Different payment providers have varying payout schedules, so verify with your provider for specifics.After a payout is sent, it might take a few days to appear in your bank account. If there are delays, consult your bank.If you change your bank or update your bank account details, you can update this information in your Shopify Payments settings. For more information, refer to the Shopify Payments settings.
Shop Pay Installments
After capturing the payment for an order placed using Shop Pay Installments, you will receive full payment for your order within 1 to 3 business days, excluding any fees associated with using Shop Pay Installments. You do not need to collect payments from your customers. Payments are handled by Affirm, and your payouts are sent to the same bank account used for Shopify Payments. Custom payout schedules do not impact Shop Pay Installments payouts.
Learn more about Shop Pay Installments.
How much you get paid
For online transactions, several third-party fees may apply. For credit card transactions, the issuer, acquirer, and credit card company each charge a small fee for their services. However, orders processed through Shopify Payments are not subject to third-party transaction fees. Instead, you pay credit card processing fees based on your Shopify subscription plan. If you use a third-party payment provider with Shopify, you will incur a third-party transaction fee.
Credit card processing
For online transactions, several third-party fees may apply. For credit card transactions, the issuer, acquirer, and credit card company each charge a small fee for their services. However, orders processed through Shopify Payments are not subject to third-party transaction fees. Instead, you pay credit card processing fees based on your Shopify subscription plan. If you use a third-party payment provider with Shopify, you will incur a third-party transaction fee.
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