What’s causing the delay?,because how can I pay for an order with a vendor if I haven’t received the payment from the customer
Topic summary
Default Payout Timeline:
For US Shopify Payments users who signed up after February 15, 2023, the default payout window is 5 business days. This can be reduced to 2 business days by enabling two-step authentication and connecting a bank account via Plaid.
How “Daily Payouts” Work:
Selecting daily payouts means Shopify sends available funds each business day, but funds only become available after the payout delay period (2-5 days). For example, with a 2-day delay, Monday’s sales would arrive Wednesday; with a 5-day delay, they’d arrive Friday.
Key Concern Raised:
Multiple users questioned the delay’s impact on cash flow, specifically how to pay vendors before receiving customer payments. One user noted their previous processor deposited funds the next morning, contrasting with Shopify’s multi-day delay. The reason for the delay period itself was not explained in the discussion.
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