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 of the most important features of Shopify is its payment processing. In this article, we will discuss how you can receive money from Shopify.
Shopify offers a few different options for receiving payments from your customers. The first option is to use Shopify Payments. Shopify Payments is a service that allows you to accept credit card payments directly through your Shopify store. This is the simplest and most popular option for receiving payments on Shopify. The second option is to use a third-party payment processor.
There are many different third-party payment processors that you can use with Shopify, such as PayPal, Stripe, and Authorize.net. These services allow you to accept credit card payments as well as other types of payments, such as PayPal or bank transfers. The third option is to use manual payments. With manual payments, you will need to manually process each payment that you receive. This option is typically only used by businesses that have a very small number of orders, or businesses that do not want to use a third-party payment processor.
Now that we’ve gone over the different options for receiving payments on Shopify, let’s discuss how you can actually receive the payments. When you receive a payment through Shopify Payments or a third-party payment processor, the funds will be deposited directly into your bank account. This typically happens within 1-2 business days.
If you are using manual payments, you will need to process the payments yourself. This means that you will need to physically deposit the money into your bank account. Once the money is in your bank account, you can then transfer it to wherever you need it.
Conclusion
In conclusion, there are three main ways that you can receive money from Shopify: using Shopify Payments, using a third-party payment processor, or using manual payments. All three options have their own advantages and disadvantages, so it’s important to choose the one that’s right for your business.
