Financing, tax rates, and accounting
Net Banking or Cheque Payment option for Monthly bill payment
Welcome to the Shopify Community! Are you new to Shopify?
I think you are asking if you can use internet banking, or cheques as a way to pay your monthly Shopify bill is that correct?
Internet banking is generally not supported for use with Shopify Billing on the platform. However, if your Internet Bank provides you with a standard Credit Card that is capable of allowing for recurring payments, then you can certainly attempt to use that and it may work. However, we do not recommend this as virtual/internet cards have been known to fail.
You cannot use cheques as a payment method for your Shopify bill, as we are simply not set up to accept this method. Also at this time, you can't use debit cards to pay for Shopify, however if your banking card has dual functionality such as a Visa Debit card then you may be able to use that.
The majority of our merchants generally must pay for their Shopify bills using a valid Mastercard, Visa or American Express credit or debit card. However there are some exceptions to this; hybrid debit/credit cards are supported as long as they are co-branded with VISA, Mastercard, or AMEX.
PayPal is also an accepted payment method in certain regions, but not all. When paying for your bills using PayPal, you can use PayPal balance, bank accounts, debit cards, or credit cards associated with your PayPal account.
If you're interested in learning more about how billing works on Shopify then I'd recommend checking out the following help documents:
Have you given any thought to changing your billing cycle to a longer schedule? There is an annual billing schedule discount as well as some other possible perks such as a free custom domain or access to Carrier Calculated Shipping at no extra cost. You also stand to save approximately 10% on your yearly bill vs paying monthly.
Rick | Shopify
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