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Does Shopify Do Credit Check?

Last updated on October 2, 2022 @ 5:21 am

Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. One question that potential Shopify users often have is whether or not Shopify does a credit check.

The short answer is that Shopify does not do a credit check when you sign up for an account. However, there are some circumstances in which Shopify may run a credit check on its users. For example, if you’re using Shopify’s payment gateway to process credit card payments, Shopify will run a credit check on you in order to ensure that you’re able to repay any fees that you might incur.

Additionally, if you’re applying for Shopify’s financing program, the company will run a credit check as part of the application process.

PRO TIP: If you are considering using Shopify to sell products online, be aware that they may run a credit check on you before approving your account. This is to protect themselves in case you are unable to pay them back for any fees or other charges associated with your account. If you have bad credit, it is unlikely that you will be approved for an account with Shopify.

Generally speaking, then, you don’t need to worry about Shopify running a credit check when you sign up for an account. However, there are some circumstances in which the company may choose to do so. If you have any concerns about this, we recommend contacting Shopify directly to ask about their policies.

Conclusion

Does Shopify Do Credit Check?

No, Shopify does not do a credit check when you sign up for an account.

3 Related Question Answers Found

Does Shopify Affect Credit Score?

It’s no secret that credit scores are important. They can affect everything from whether or not you’re approved for a loan to what interest rate you’re offered. So, it’s natural to wonder if something as seemingly innocuous as signing up for a Shopify account could have an impact on your credit score.

Does Shopify Detect Fraud?

When it comes to online shopping, fraud is always a concern. But does Shopify do anything to detect and prevent it? Shopify is a platform for businesses of all sizes to create an online store.

Does Shopify charge transaction fees?

Shopify charges a transaction fee for every order placed on its platform. The fee ranges from 2.9% to 4. 95%, and is based on the order’s total value. Shopify also charges a monthly subscription fee for its merchant account, which includes access to the platform’s features and support.
Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.