Is it safe to advance payment through Shopify? How to pay through Shopify?

Shopify is a platform for sellers to build e-commerce businesses. In fact, it also provides the function of advance payment during transactions. Of course, merchants are also a little worried about Shopify's advance payment function. Is it safe? Let's talk about it in detail below.

1. Is it safe for Shopify to advance payment for goods?

Safety.

But there are risks as well. After all, it is not a domestic platform. In fact, Shopify is quite strict in its censorship. If you are not careful, your account may be easily frozen.

2. How to pay with Shopify?

Supported payment methods all rely on providers to process transactions. These providers may charge additional fees and may enforce rules about what products you can sell using their services. When setting up a payment method, check with the company providing the service to make sure you understand its rules and fees.

(1) Methods of obtaining payment

When you set up a payment provider to accept credit card payments, each payment must be processed, so there is often a delay between when a customer pays for their order and when you receive the payment. Once the payment is processed, the purchase amount is transferred to the merchant account.

Other payment service providers, such as PayPal, have their own ways of getting funds from customers and transferring them to you. Please check with the service you are using. You may be able to accept offline payment methods outside of online checkout, such as money orders or bank transfers.

(2) How often you get paid

If you're using Shopify, then you can check your payout period to see when you'll be paid for your credit card orders. Other payment providers have their own rules for when they get paid for card orders. Check with your provider to see how often you'll be paid.

Your bank may not receive the money immediately after you send it. After you send the money, it may take a few days for it to be deposited into your bank account. If you notice a delay in your payment, contact your bank.

NOTE: Payments will not be received on bank holidays.

It is safe for Shopify to advance payment for goods, but there are also risks. After all, it is not a domestic platform. In fact, foreign websites also have strict censorship and many rules. So, although it is safe, there are also risks. Therefore, as a merchant, you should still choose this method with caution.