Hello i wanted to ask if i created a store can i add my bank account as the account that receives payments on the bank account or do i need to use a payment gateway
Hi there, @ahlatrade .
Yes indeed, you can and will need to use a bank account to receive your Shopify payouts into. A Payment gateway is the term we use for the various different methods of payment a customer to your store can choose to pay through.
When you set up a payment provider to accept credit card payments, each payment must be processed, so there is usually a delay between when the customer pays for their order and when you receive the payment. After the payment is processed, the purchase amount will be transferred to your merchant account. Other payment providers, such as PayPal, will have their own ways of getting funds from your customer to you. Check with the service you are using to find out how they will pay you. You can accept manual payments outside of your online checkout, such as money orders or bank transfers. Unless you activate Shopify Payments as your payment provider, you’ll be charged third-party transaction fees for all orders that aren’t brokered financially by Shopify. This includes all orders that go through Shopify’s checkout system.
If your store has Shopify Payments enabled, then you receive payments through Shopify Payouts when a customer pays using Shopify Payments and specific accelerated checkouts. If customers pay using third-party payment gateways, then you won’t see your payout information in your Shopify admin. You can read more details on getting paid right here.
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