Payment dates for shopify payments

Jg17
Visitor
2 0 0

Hello community, I hope you are doing well and your business too.

So my payment schedule with shopify payments is every business day but I always get the money in my bank account 4-5 days later, which handicaps me a bit.

I spoke to a support lady (Lisa) who was very kind but I'm not too convinced.

Can someone please enlighten me? Thanks in advance.

Replies 2 (2)

Nick_Marketing
Shopify Partner
1487 336 462

In addition to the pay period, amount of time between the day a customer places an order on your store, and the day the funds from that order are sent to your bank account. On top of that, it also takes 24 - 72 hours to receive the money to the bank from the moment they are sent-out.


Here is a table that outlines the pay period guidelines:
https://help.shopify.com/en/manual/payments/shopify-payments/getting-paid-with-shopify-payments

Nick | Ecommerce & Marketing Technology Consultant | Toronto, CANADA
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Jg17
Visitor
2 0 0

Okay I understand better, thank you. Which means we can never have instant payments with shopify payments?