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Funds from orders put on Friday, Saturday, and Sunday are organized and sent together as one payment. If you utilize a payment schedule, then your pay period is adjusted according to the schedule that you set. Note The funds might not appear in your checking account right after they're sent out.

The length of your pay duration depends upon the country where your store is based: Shopify Payments pay periods based upon countries and regions Country Pay period Australia United States 2 business days Austria Canada Denmark Germany Italy Ireland The Netherlands Belgium New Zealand Spain Sweden United Kingdom 3 business days Hong Kong SAR Singapore 4 organization days Japan If your organization lies in Japan, then you set your routine payout day on any day in between Monday and Friday, and you can select to be paid weekly or regular monthly.

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For example, if your client puts an order in your store on a Wednesday, and your payout day is Friday, then the funds from that order are sent out to your bank account on the Friday of the following week, 8 organization days later on. If your client places an order in your store on a Sunday, then the funds from that order are sent out to your savings account on the Friday of the exact same week, 5 business days later on.

Payment and charge tracking Caution You must finish the setup of your Shopify Payments account, including all your service details and banking information, within 21 days of your very first sale. If your account is not set up within 21 days, then all payments are automatically refunded to the purchaser. For merchants in the European Union and Hong Kong, you require to complete the setup of your Shopify Payments account prior to you can accept payments from consumers.

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Payments are synced with their orders. This makes it easy to see just how much you get for an individual order. When you use Shopify Payments, you pay the card rate, however you do not pay a. Stores that utilize a third-party payment provider pay both Shopify's membership deal fees, and credit card costs charged by their third-party payment supplier.