How Often Does Shopify Payout?
Shopify is a popular e-commerce platform that helps small businesses to manage their online stores and process payments. To ensure that merchants get paid for their hard work, Shopify has a regular payout schedule.
The following is a breakdown of Shopify’s payment schedule:
- For all earnings accrued between the 1st to and including the 15th of the month, payment will occur 5 business days after the 15th day of the month.
- For all earnings accrued between the 16th to and including the last day of the month, payment will occur 5 business days after the last day of the month.
In other words, merchants who have earned income between the 1st and 15th of the month will receive their payment 5 business days after the 15th. Similarly, merchants who have earned income between the 16th and last day of the month will receive their payment 5 business days after the last day of the month.
It’s important to note that payments may take up to 7 business days to arrive. This is due to the processing time for the payment processor, which can vary depending on the type of payment method used.
Overall, Shopify’s payout schedule is designed to ensure that merchants are paid promptly and accurately. This helps ensure that merchants can continue to grow their businesses and remain successful.