How Does Shopify Pay You? A Complete Guide to Shopify Payouts

If you’re wondering how to earn money from Shopify and how Shopify actually pays you, you’re in the right place. Whether you’re a new seller or an experienced merchant, understanding Shopify payouts is crucial for managing your cash flow.

This guide covers:

• ✔ How Shopify pays you and where your Shopify money goes
• ✔ Shopify payout schedule and how often Shopify pays out
• ✔ How to withdraw money from Shopify and cash out efficiently

Let’s dive in!

How Does Shopify Pay You?

Shopify pays you through different payout methods, depending on whether you use Shopify Payments or a third-party payment gateway.

• Shopify Payments: Direct deposit to your bank account or Shopify Balance (available in select countries).
• Third-party payment gateways: Like PayPal, Stripe, or Authorize.net (widely supported).
• Manual payments: Such as cash on delivery or bank transfers (managed manually).

Where Does Your Shopify Money Go?

When a customer places an order, your revenue doesn’t immediately go into your bank account. Here’s what happens:

1. Shopify collects the payment.
2. The money is held in pending status until the payout is processed.
3. Shopify deposits your money based on your payout schedule.

💡 Fact: Unlike some other payment gateways, Shopify Payments has no minimum balance requirement for payouts.

How Often Does Shopify Payout?

The Shopify payout schedule depends on your country:

📌 Example: If you receive an order on Monday in the U.S., Shopify processes the payout on Wednesday, and your money reaches your bank account shortly after, depending on your bank’s processing time.

How to Get Paid on Shopify?

To receive Shopify payouts, follow these steps:

1. Set up Shopify Payments

• Go to Settings > Payments in your Shopify dashboard.
• Enter your bank details or choose Shopify Balance for instant access.

2. Check Your Payout Schedule

Navigate to Settings > Payments > Payouts to view scheduled payments.

3. Track Shopify Payout Status

Go to Finance > Payouts to see completed, pending, and upcoming payouts.

🔍 Pro Tip: If you’re wondering where your Shopify money goes, Shopify provides a payout summary for every deposit, breaking down revenue, fees, and refunds.

Shopify Payout Fees & Cost Breakdown

If you use Shopify Payments, transaction fees vary based on your plan:

⚠️ Extra Fees for Third-Party Gateways

If you use PayPal, Stripe, or other providers, Shopify charges an additional fee:

💰 How to Save on Shopify Fees?

• Switch to Shopify Payments to eliminate extra third-party fees.
• Upgrade to Advanced Shopify or Shopify Plus if you process high-volume sales to reduce fees.

How to Cash Out on Shopify Faster?

If you need faster payouts, consider these options:

1. Shopify Balance: Get paid faster—often within one business day—rather than waiting 2-5 days. Payment speed depends on your bank and country.
2. Shopify Hyperwallet: A payout solution for international sellers.
3. Enable Daily Payouts: Instead of weekly, request daily deposits in Shopify Payments settings.
4. Avoid Chargebacks: Disputes can freeze your Shopify money, delaying your payout.

How to Withdraw Money from Shopify to PayPal?

If you use Shopify Payments, you cannot directly withdraw money to PayPal—you must link a bank account.

However, if you accept PayPal payments:

• ✅ PayPal automatically transfers funds to your PayPal balance.
• ✅ You can withdraw money from PayPal to your bank account manually or set up automatic transfers.

📌 Tip: To avoid delays, link your PayPal business account to Shopify instead of a personal account.

Common Shopify Payout Issues & Solutions

Even if you follow the right steps, you may encounter delays. Here’s how to fix them:

❌ Shopify payout pending

✅ Check if it's your first payout (it may take 7 days for new accounts).

❌ Shopify payout failed

✅ Verify your bank details in Settings > Payments.

❌ Shopify payout on hold

✅ You may need to submit business verification documents.

🚀 Pro Tip: If you sell in a high-risk industry (e.g., CBD, supplements), Shopify might place longer holds on payouts. Consider Shopify Hyperwallet for faster international payments.

Final Thoughts: How Do You Get Paid from Shopify?

Understanding how Shopify pays you ensures smooth cash flow for your business.

• ✔ Use Shopify Payments for faster payouts and lower fees.
• ✔ Check your payout schedule regularly to track earnings.
• ✔ Avoid extra fees by choosing the right Shopify plan.
• ✔ Withdraw money easily by setting up Shopify Balance or bank transfers.

💡 Next Steps:

• 🔗 How to Choose the Best Shopify Plan for You
• 🔗 What is Shop Pay and how does it work?