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How Long Does Shopify Payments Hold Your Money?

Last updated on October 1, 2022 @ 5:52 pm

When you make a sale through Shopify, you’re probably wondering how long it will take for the payment to clear. After all, you need that money to pay your own bills and keep your business running.

Thankfully, Shopify Payments is pretty quick when it comes to processing payments. In most cases, the funds will be deposited into your account within 2-3 days.

PRO TIP: If you are using Shopify Payments to process your payments, please be aware that they may hold your money for up to 21 days. This is to protect against fraud and to allow them time to process the payment. If you need access to your funds sooner, we recommend using another payment processing method.

Of course, there are always exceptions to the rule. If a customer pays with a bank transfer or eCheck, it can take a little longer for the funds to clear.

In those cases, it may take up to 7 days for the payment to show up in your account. And in some rare instances, a payment may be held for further review by our fraud prevention team.

So, if you’re wondering how long Shopify Payments will hold your money, the answer is usually 2-3 days. But it’s always best to check with your bank or payment processor to get an exact timeline for when the funds will be deposited into your account.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.