Recently, I have shifted from woocommerce to Shopify. Having issues with Shopify payment. Can I use Monzo personal account to recieve payouts
Topic summary
A user migrating from WooCommerce to Shopify is asking whether they can receive Shopify Payments payouts to their Monzo personal account.
Official Response:
- Virtual bank accounts, including Monzo, are supported by Shopify Payments
- Users should test payouts when using virtual accounts and report any issues to their virtual account provider
- The virtual bank account must be a full checking account in the correct currency and eligible for ACH transfers (or regional equivalent) and debits from Shopify
Additional Requirements:
- Bank account requirements vary by country (reference link provided to Shopify documentation)
Current Status:
- Another community member has asked for follow-up on whether Monzo successfully processes payouts, but no confirmation has been provided yet
Hello, @AsadRazzaq .
Welcome to the Shopify Community.
I would like to advise that, virtual bank accounts are supported by Shopify Payments, which includes Monzo. I recommend testing your payouts when using virtual bank accounts and any issues should be brought to your virtual account provider.
To use Shopify Payments, the virtual bank account should be a full checking account, in the correct currency, eligible for ACH transfers (or the transfer type in your region) and debits from Shopify. You can find more information on bank account requirements for Shopify payments by country - here.
Thanks!