On November 2nd, Shopify Payments will require all shop owners to activate two-step authentication for Shopify Payments. This is to increase account security and prevent fraudsters from taking over the account (which, in the worst case, can lead to stolen payouts).
If you haven't already enabled two-step authentication, you'll see a yellow banner on your admin home page prompting you to complete the setup. You will also receive an email about the two-step authentication.
Two-step authentication (2SA), also known as multi-factor authentication, makes it difficult for unauthorized persons to access your account. This requires you to enter your account details (email and password) and then confirm your login attempt with a mobile device or security key.
Data shows that enabling two-step authentication can prevent 99.9% of account breaches, as most security breaches are caused by lost or stolen account information. This added layer of security reduces the likelihood that a compromised account will result in withdrawals being diverted to fraudulent bank accounts.
If you think your account has been compromised, or if you want to take precautions to prevent a compromised account, you can take the following steps:
You can also use the haveibeenpwned.com website to find out if your email address or phone number has been detected in a data breach.
If you want to learn more about two-step authentication and how to enable it, see our Help Center article .
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