Shopify Payments, in plain English

• Shopify Payments is Shopify’s built‑in way to accept money online and in person. It plugs straight into your store and POS, so you don’t juggle extra gateways, dashboards, or contracts. You turn it on, verify your business, and you’re ready to take cards, wallets, and Shop Pay. (help.shopify.com)

Why it matters for a stronger Back Office

• One system of record. Orders, payments, refunds, disputes, fees, and payouts all live in Shopify. That reduces reconciliation headaches and keeps finance, ops, and support on the same page. (help.shopify.com)

• Predictable costs and fewer add‑ons. When you use Shopify Payments, Shopify’s extra transaction fees go away for those orders, which simplifies margin tracking. (help.shopify.com)

• Cash‑flow control. Choose daily, weekly, or monthly payout schedules and plan cash flow with fewer surprises. Banks typically post deposits within 1–3 business days after payouts are sent. (help.shopify.com)

• Built for scale and compliance. Shopify maintains enterprise‑grade security and compliance so your team isn’t managing PCI requirements by hand. (help.shopify.com)

What your customers can pay with

• Major cards and fast wallets. Accept Visa, Mastercard, American Express, Discover, Diner’s Club, plus Apple Pay, Google Pay, and Shop Pay for an accelerated checkout. (help.shopify.com)

• Shop Pay Installments (BNPL). Offer pay‑over‑time on eligible orders (generally $35–$30,000 USD), which can lift conversion and average order value. Available in the United States, Canada, and the United Kingdom; powered by Affirm. (help.shopify.com)

• Local and alternative methods for global buyers. Turn on methods like iDEAL and Bancontact and sell in local currencies with Shopify’s international tools. (help.shopify.com)

• Optional: USDC crypto payments are supported in the United States with state‑based restrictions. (help.shopify.com)

Fees and money movement (United States quick peek)

• Card rates depend on your plan. As of today, starting rates are roughly 2.9% + 30¢ online and 2.6% + 10¢ in person on Basic; lower on higher plans. Plus has custom pricing. Always confirm in your admin for your exact rates. (shopify.com)

• No Shopify transaction fee on orders paid through Shopify Payments (and Shop Pay/PayPal Express). That simplifies your cost stack. (help.shopify.com)

• Currency conversion fee when you sell in a currency different from your payout currency: typically 1.5% for U.S. stores. Most other regions are 2%. (help.shopify.com)

• Chargebacks carry a $15 USD fee in the U.S., refunded if you win the dispute. Shopify guides you through submitting evidence from the admin. (help.shopify.com)

• Payouts follow the schedule you choose (daily/weekly/monthly) and then hit your bank in 1–3 business days, depending on your bank. (help.shopify.com)

Security, fraud, and dispute support

• PCI DSS Level 1 compliance covers Shopify’s checkout and hosting, reducing your compliance burden while keeping cardholder data safe. 3D Secure and other controls help authenticate risky payments. (help.shopify.com)

• Use Shopify’s Fraud Control dashboard for visibility into risky orders and chargebacks, and lean on built‑in signals (AVS/CVV, device checks) to review orders smartly. (help.shopify.com)

• Dispute workflows live in the admin with timelines, evidence upload, and outcomes so finance and support can coordinate without switching tools. (help.shopify.com)

International selling made simple

• To charge customers in their local currency at checkout, you need Shopify Payments. Pair it with Shopify’s international tools to localize prices and methods, then let Shopify handle FX and fee calculation in your payouts. (help.shopify.com)

• FX costs are transparent in each order and payout, and you can round prices per market to keep presentation clean and margins steady. (help.shopify.com)

Eligibility and basics to get started

• Your business must be in a supported country, meet Shopify Payments eligibility rules, and pass standard KYC checks (business details, tax IDs, and identity verification). (help.shopify.com)

• U.S. stores can accept the methods listed above; some options (like USDC or specific local methods) may have additional requirements or state limitations. (help.shopify.com)

How this strengthens your Back Office in practice

• Cleaner reconciliation. Match orders to payouts and fees without stitching data from a third‑party gateway. This shortens month‑end close and reduces manual errors. (help.shopify.com)

• Simpler policies and controls. Centralize refunds, partial captures, and dispute handling with role‑based access in one system.

• Better reporting. Track payment method mix, FX impact, and fees so finance can model true contribution margin by market and channel. (help.shopify.com)

• Operational focus. With PCI and security handled by Shopify, your team can spend more time on inventory, merchandising, and customer experience—not gateway maintenance. (help.shopify.com)

Fast setup checklist

• Turn on Shopify Payments and complete verification with accurate business and banking details.

• Enable Shop Pay, Apple Pay, and Google Pay to cut friction at checkout.

• If you sell cross‑border, activate local currencies and methods, set rounding rules, and review FX fees.

• Choose a payout schedule that matches your cash‑flow cadence.

• Add a light order‑review process for high‑risk orders and align your team on the dispute response flow. (help.shopify.com)

Bottom line

• Shopify Payments makes payments feel like part of your store—not a separate project. You get a faster checkout, fewer vendors, clearer fees, and tighter back‑office control, which together help you convert more and close the books with less friction. (shopify.com)