Partner Payouts only via PayPal - Does this mean we incur yet another fee?

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Shopify Partner
27 0 6

Shopify takes 20% and pays out via PayPal.
PayPal then takes their traditional cut as well?

I noticed there was actually no possible way to set up a bank account for direct wire.  

Please let me know.

Thanks,
Stephen
Founder - apps.shopify.com/amp-google

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Shopify Partner
1235 5 87

I agree. It would be awesome if there were other payout methods that didn't involve me paying PayPal such significant amounts (their forex rate is a joke).

Gavin.

www.bookthatapp.com
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Community Moderator
Community Moderator
3396 253 613

Hi Stephen and Gavin, 

Nick here from Shopify. 

I investigated this for you with our Partner support team and I can confirm that Shopify does not take a cut, it would only be the fee from Paypal. What Paypal charge on their end is something that Shopify does not control in any way. It might be worth reaching out to Paypal directly about that part specifically. 

Hope this helps to confirm and clear this up for you both. 

All the best, Nick

Nick | Community Moderator @ Shopify
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Shopify Partner
1235 5 87

Hi Nick,

The point is that there is only one way to get a payout and that is via PayPal. We would like to have more options.

Hope that clarifies and clears it up for you.

Gavin.

 

www.bookthatapp.com
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Shopify Partner
27 0 6

Hey Nick, thanks for the support here.

I was referring to shopify taking the 20 percent cut, as I have no problem with that.

And I was also referring to PayPal taking their standard 2.9 percent cut. Of which I don't have a problem with in principle of course, I've used PayPal and I understand the fees.

My question is more of an observation that Shopify could 1000% absolutely no-doubt-about-it offer direct transfer of funds to partners bank accounts.

Instead, we as partners now incur double fees.

I won't speculate as to whether or not PayPal and shopify have a mutually beneficial agreement here. But when you consider the double (triple?) digit millions paid out to partners every year, it makes you wonder.

Shopify would save partners literally millions of dollars if they changed this - with all the amazing developers they employ, they are certainly capable of that! 

So I'd day that they certainly have a hand here.

Cheers,

Stephen

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Community Moderator
Community Moderator
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Hi Stephen and Gavin, 

Thank you for your feedback. I will bring this back to the team and let them know for future consideration. Feedback like this from active partners is great as it helps the team be aware of what is and what is not working to improve it moving forward. 

Thanking you both again. 

Nick

Nick | Community Moderator @ Shopify
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Shopify Partner
112 3 20

Hello @Nick ,

 

Do you have any updates regarding this?

 

I would really like to have an alternative to PayPal for payouts and I'm sure I'm not the only one.

With so many other online financial services available now, the almost 3% that PayPal takes is frustrating.

Bogdan | WebShopAssist
User friendly apps with top-rated support
- SKUGen the SKU generator
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Community Moderator
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Hi @BogdanM,

 

PayPal is still the only payout option for Partners. The only way a payout would be issued that isn't via PayPal is if a Partner is in a country where PayPal isn't eligible. I completely understand that you and many other Partners would like more options and will mention this again and put through another feature request on your behalf. 

Nick | Community Moderator @ Shopify
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Was just wondering about this today as we'd also prefer a direct bank transfer, especially as our revenue grows.

 

Sent a message to Shopify Partner support and got this response in case others are wondering:

 

Currently we only offer the alternative manual payment method for Partners accumulating a certain minimum revenue per payout. In the US, this minimum is$30,000 USD. Once your payouts reach this threshold, do contact us again though and we'll take a look!

We're a US-based company and nowhere near $60k MRR, however, so it will be quite a while before we can qualify. :)

 

I do hope Shopify reconsiders the threshold in the future and provide this option to Partners with less revenue as it feels $30k per payout ($60k/month) is really high.  It does make me curious how many app developers make this much through the platform, this page mentions the top 25% of app developers make $162k/year ($13.5k/month).

 

Co-Founder / Developer at Highview Apps
Our Shopify Apps: EZ Exporter | EZ Inventory | EZ Importer | EZ Notify | EZ Fulfill
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Shopify Partner
28 0 3

Hi @BogdanM,

 

PayPal is still the only payout option for Partners. The only way a payout would be issued that isn't via PayPal is if a Partner is in a country where PayPal isn't eligible. I completely understand that you and many other Partners would like more options and will mention this again and put through another feature request on your behalf. 


Hi Nick,
Sorry to hijack this thread but is this still true? I am from a country where Paypal is not available(Nepal) and this is one of the reasons I have been put off from publishing apps to Shopify store. If wire transfer is possible for me as a Shopify partner, how do I activate this option? I only see an option to add a Paypal email for withdrawls in the settings. I would really appreciate it if you could let me know how I can go about adding a non - paypal option for withdrawl.

thanks
Bishal