Everything You Need To Know About Setting Up Your Shopify Payments 2021

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  • Опубликовано: 28 окт 2024

Комментарии • 146

  • @GoredGored
    @GoredGored 2 года назад +9

    Hannah, the reason I like your channel is that it is clear, simple and straight to the point.

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for watching and sharing the love!

  • @joshmiller2725
    @joshmiller2725 Год назад +1

    This was a clear explanation. I had to watch like 5 videos of ridiculous and very unclear explanations before I found this video. I’m convinced most people just throw videos together to make money, especially now that the RUclips downvote button is gone. Thank you for actually explaining how payments work on shopify!

    • @EcomHannah
      @EcomHannah  Год назад

      awesome thank you so much for watching

  • @tyler_funk
    @tyler_funk 2 года назад +1

    Made this step so much easier thank you!

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for watching!

  • @smlambert9418
    @smlambert9418 2 года назад +2

    You are the first person with a RUclips video which was easy to follow. Thank You

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for saying that and following!

  • @philteerich
    @philteerich Год назад +1

    very informational
    thank you

  • @AdrianJ
    @AdrianJ 2 года назад +1

    Wowwww this is SO helpful! Thank you for breaking this down, especially for the newbies on Shopify!

    • @EcomHannah
      @EcomHannah  2 года назад

      Thanks so much for the love and watching

  • @ArthurCrosby
    @ArthurCrosby Год назад +1

    hannah want to ask , if payout on friday, when will arrive at my bank account ? thanks

    • @EcomHannah
      @EcomHannah  Год назад

      You can set it up every day mon - Friday

  • @jadeunlimitedca
    @jadeunlimitedca Год назад +1

    GIRL this was supreme. Well said & adorable

    • @EcomHannah
      @EcomHannah  Год назад

      Hey thank you so much for the love and commenting

  • @saraharmstrong6634
    @saraharmstrong6634 2 года назад +1

    Thank you immensely for videos like this that make things easier in many ways.😀

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for the love and watching!

  • @hashimasmatshah2337
    @hashimasmatshah2337 2 года назад +1

    Thank You so much . this video is so helpful and on the point.

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for the love and watching

  • @divineexcellence1422
    @divineexcellence1422 2 года назад

    So my account is on hold for payments I try adding my ssn plus putting sole proprietor and it’s not updating, idk what else to do

  • @IncomeSpinner
    @IncomeSpinner 2 года назад

    Thank you so much Hannah, this was very timely and helpful for me. Kudos👍

  • @Trivette_williams
    @Trivette_williams 2 года назад +3

    I don’t have a SSN. I don’t have a state ID. I only have a Tax Id number and a passport from my country of origin. Can that work for Shopify payments?

    • @EcomHannah
      @EcomHannah  2 года назад +1

      I believe so you may still need a US address or just an address in general

    • @Yunusb24
      @Yunusb24 2 года назад

      hey Aaron ! same problem here have found a solution yet ? please hit me up if you do

  • @NeryssaCouzin
    @NeryssaCouzin Год назад

    Thank you for the detail; I completed a live prod test of my payment functionality, but it's been 3 business days + and payouts are still in "Pending Status". I have not received any alerts from the financial institution or Shopify, do you know how long ACH payouts take? I thought 3 business days was the normal average , latest 5 business days.

    • @EcomHannah
      @EcomHannah  Год назад

      For those initial orders it may be delayed was it via paypal? they especially take forever

  • @brandonestelle6318
    @brandonestelle6318 3 года назад +2

    Great video as always, Hannah! Thank you for sharing!

  • @AuthenticVibe
    @AuthenticVibe Год назад +1

    What’s a good bank account for a start up

    • @EcomHannah
      @EcomHannah  Год назад

      Any business bank account will work! Look for one with the 0 fees in your state

  • @LennyTim
    @LennyTim Год назад

    Hey Hannah, thanks for the video. Very good.
    Would you say we should open up a separate bank account specifically for our ecommerce store? As well as a paypal account as well?

    • @EcomHannah
      @EcomHannah  Год назад

      Yes, I would definitely separate personal and business from the start or else It can get very messy later down the road

  • @oldbreezyaugustin5591
    @oldbreezyaugustin5591 Год назад

    Hi Hannah I dont none of those thing is it required to have all of this things you said like the Ein or tin number ect...
    I thought for the payment I would have just entered my debit card info to get paid
    I'm in Doninican republic i dont have a phisycal business how can I set up my shopify payment please

  • @4kbrazil
    @4kbrazil 2 года назад +1

    Is there any option to set divided card payment by monthly instalments via shopify? For ex. 99usd into 3x 33usd.

    • @EcomHannah
      @EcomHannah  2 года назад +1

      You mean as a way to collect payments?

    • @4kbrazil
      @4kbrazil 2 года назад

      @@EcomHannah when customer goes to checkout and puts his card details is there any option for him to choose pay in instaments. Some payment methods should allow it.

  • @Kingco245
    @Kingco245 Год назад

    Thanks for the helpful info.
    Please Do you know a third party payment method where I don’t need a registered business. Most payment gateways requires that I’m a registered business

    • @EcomHannah
      @EcomHannah  Год назад

      I thought paypal could still be business but under your social ? no?

  • @josephjeremiashjamil6915
    @josephjeremiashjamil6915 2 года назад +4

    Hello, but do you still need to verify your stripe account? I am not from the us, i was able to put a stripe method in my store however my stripe account wasnt able to verify because of SSN

  • @stevensu3108
    @stevensu3108 Год назад

    Hey Hannah, do i have to pay any fee to shopify if i use shopify payment? Im thinking of owning a shop on shopify and im a little confused about the fee charged from Shopify. TKX!

    • @EcomHannah
      @EcomHannah  Год назад

      There is only the monthly $29 and you pay about a 3% merchant fee but this fee is unavoidable if you are processing transactions anywhere with credit cards

  • @pc4764
    @pc4764 2 года назад +1

    Super helpful. Thanks.

    • @EcomHannah
      @EcomHannah  2 года назад

      Thank you so much for watching

  • @pwhv
    @pwhv 2 года назад +1

    all i wanted to know, thanks!

    • @EcomHannah
      @EcomHannah  2 года назад

      Awesome thanks for the love !

  • @jormarisantanamusicofficia9205
    @jormarisantanamusicofficia9205 2 года назад +1

    Hello, quick question as soon as the customer places the order does shopify take the fees automatically or you have to do that seperately? Sorry just ran into your video. Super helpful btw.

    • @EcomHannah
      @EcomHannah  2 года назад +1

      No worries at all Shopify will deduct fees like merchant fees from your payout but shipping fees, app fees or monthly subscription to Shopify will be bill ed separately to your credit card which I recommend you do so you can earn CC points

    • @jormarisantanamusicofficia9205
      @jormarisantanamusicofficia9205 2 года назад

      @@EcomHannah Ok I’m sorry still new at this trying to understand a little more. So they deduct the merchant fee right away? And I’ll get in my account what I earned from that sale?

  • @JingoCrochet
    @JingoCrochet 2 года назад

    @10:25 for some reason my fees are more than the 2.9% +30cents ? (im on the basic/cheapest plan) when I'm calculating them for example one of my sales was $97.89 and the fee was $5.58 so minus 0.30 is 5.28 and divide that by 97.89 and i get 0.0539 which is ~5.4% (payment through visa, im in canada and the person was from usa), I had another transaction that was also over the 2.9% 30c its been pretty difficult to find answers for this and I'm not entirely sure why I'm getting charged more?

  • @jdp4881
    @jdp4881 2 года назад

    You made mention here of a video breaking down all fees (for reference against income), what's the title of that video?

  • @honeymirouwi
    @honeymirouwi 5 месяцев назад +1

    hello how if my country doesn't get access to shopify payments?

    • @EcomHannah
      @EcomHannah  5 месяцев назад

      I’m sure there is a list in their help center I am not 100% on this

  • @KarimJdabbas
    @KarimJdabbas 2 года назад

    Thanks for the explanation.

  • @niranjansounderrajan4934
    @niranjansounderrajan4934 2 года назад

    Hey Hannah. Do i have to register my business before I start or can I do it after making a few sales?

    • @EcomHannah
      @EcomHannah  2 года назад +3

      It’s not going to kill you if you want to sell now but I would say if it’s your intention to grow the business I would set up everything to get it out of the way

  • @kasiazbrog
    @kasiazbrog 2 года назад

    I got a question. I am currently on Maternity pay and I can’t receive any income while I am on Maternity pay, so is there any possibility I could set dates of transactions into my bank account after my Maternity leave finish?

    • @EcomHannah
      @EcomHannah  2 года назад

      Yes you could just no sync a payment out let I believe and let the money build up until you are ready to deposit

  • @jimettwein4214
    @jimettwein4214 2 года назад

    Hannah, I get that Strip and PayPal do the same thing. From a customer's perspective why have both? Do they see a difference? Due to recent events surrounding PayPal, I'm going to switch payment processing. I've been a PP customer for 22 years.

    • @EcomHannah
      @EcomHannah  2 года назад

      Yea actually what happened with paypal I just read something, you can just do stripe payments that is fine

  • @margauxdepre1753
    @margauxdepre1753 Год назад

    hey, i'd like to have my payments on the shopify payments but i have to put a TIN which i don't have obviously cause im starting so i cannot proceed dropshipping? I have a buisness paypal account but it is linked to my name and personnal adress email so i don't know if it is good or not. Think you could help me a bit? thanks!!

  • @KarimJdabbas
    @KarimJdabbas 2 года назад +1

    Hey Hannah, one quick question, i just setup stripe as a payment gateway to my shopify store, ran a test mode purchase and went through without any issues, now i tried a real transaction, but I received this message: your payment could not be processed at this time, please try again in a few minutes.
    Any idea what is wrong here.

    • @EcomHannah
      @EcomHannah  2 года назад

      Hmmm I do not that is very strange I would say just keep messing with it and if anything if it’s not being fixed on sync it and re-sync it again

  • @albertgrigorjan9517
    @albertgrigorjan9517 2 года назад

    So I could set it up to deduct every fee and all the % so the actual number that remains goes to my bank right?

  • @JohnSmith-wf6fp
    @JohnSmith-wf6fp 2 года назад

    so paypal can only collect money from paypal transactions right? and will definitly need a bank account linked to collect other transactions from shopify right?

    • @EcomHannah
      @EcomHannah  2 года назад

      So if you offer other payment gateway is like a Stripe you will need to link your bank to Shopify payments with Stripe

  • @charleemh88
    @charleemh88 2 года назад +1

    Why does it say you have to wait 21 days before getting your first sell from the time you setup payments or all sell will be refunded to buyers, my launch date is tomorrow and I connected my business bank account and Shopify payments and I’m going to have to wait 21 days before going life to avoid refunds going out after I ship out product?

    • @EcomHannah
      @EcomHannah  2 года назад +1

      It shouldn’t refund anything to buyers but sometimes there is a grace period will the hold the money when you first start but nothing will get refunded unless you refund it

  • @chelseahernandez3937
    @chelseahernandez3937 3 года назад +1

    Is it better if I setup a business account with my bank, paypal, or both, because I’ve seen other people say that sometimes it hold the money for some reason?

    • @EcomHannah
      @EcomHannah  3 года назад +1

      you definitely want all money going into a business bank account but to collect payment I suggest you do accept paypal and stripe/shopify payments. Paypal can be annoying and hold funds but a-lot of people do use paypal so you do not want to miss a sale because you do not have it

    • @chelseahernandez3937
      @chelseahernandez3937 3 года назад

      @@EcomHannah finally someone who replies, thank you!

  • @waleedtayyab7824
    @waleedtayyab7824 2 года назад

    Hello hannah,
    How long it you are using shopify payments

  • @alexn6515
    @alexn6515 2 года назад +1

    Hi! So without a company I can not have a shopify and try dropshipping?;/ I can not accept payments coz they ask me for my business and company :/ first i wanted try how it would be going and later set up a company :/ is it another way to do shopify dropshipping without owning a company? :/

    • @EcomHannah
      @EcomHannah  2 года назад

      You should be able to do it with out a company, they may have changed it but you would just be a sole prop so may ask for you social instead of your EIN

  • @ordazmin
    @ordazmin Год назад

    Thanks for all of the info. ..you remind me of Lauren Daigle. Do you sing??

  • @shanevideos6850
    @shanevideos6850 2 года назад +1

    Hello mam im new in shopify and i want to do the same method using paypal. What if i dont have llc or whatever. I just have my website link, is it possible?

    • @EcomHannah
      @EcomHannah  2 года назад

      You many need a LLC to have a business PayPal but I am not so sure if they have changed it

    • @shanevideos6850
      @shanevideos6850 2 года назад

      @@EcomHannah oh i see. How to avail llc?

    • @kenwallace9696
      @kenwallace9696 2 года назад

      @@EcomHannah
      Do you need an LLC to open a business PayPal account?
      Yes, you can have a business account without having a business. Your Social Security Number would fall under the EIN, and you would be considered a Sole Proprietorship or DBA. If google is right.

  • @KarimJdabbas
    @KarimJdabbas 2 года назад

    I don’t know if you can advise on my inquiry, I’m not a US citizen, I’m trying to have LLC in Delaware, and an EIN. and finally mercury account. Will that be accepted for shopify payment. Or will i face any issues?

    • @EcomHannah
      @EcomHannah  2 года назад

      Yes you should not have any issues and congrats!

    • @KarimJdabbas
      @KarimJdabbas 2 года назад

      @@EcomHannah i just hit a big wall, shopify needed SSN, otherwise its not acceptable.

    • @EcomHannah
      @EcomHannah  2 года назад

      Noo way I would think it should be your EIN number since you own a business and the account is for business

    • @EcomHannah
      @EcomHannah  2 года назад

      Reach out to them I do not remember giving my social !

    • @KarimJdabbas
      @KarimJdabbas 2 года назад

      I did. It’s a new requirement. Either take it or leave it. I don’t know if they will ask the same thing for accounts that already activated.

  • @AlexRodriguez-ip9hg
    @AlexRodriguez-ip9hg 3 года назад +1

    Hey! Do you know how to just charge a deposit? It's for a salon and the services on the page are full price, but we only want to charge a small deposit on the shopify account. It's a bit confusing lol This info would be super helpful. Love your channel btw!

    • @EcomHannah
      @EcomHannah  3 года назад +1

      Hey love, why are you using shopify for this are you setting up the shopify store as your services? If so you could set up a product listing that is a DEPOSIT and charge it that way otherwise I would say if you are not selling physical products as well I would make a stripe account and send an invoice that way. Give me some more info on what you are trying to achieve

    • @EcomHannah
      @EcomHannah  3 года назад

      Or more specifically I would look for software that is specific for salons which I know it has to be out there, shopify's main purpose if for ecommerce

    • @ChicagoKidd92
      @ChicagoKidd92 3 года назад

      @@EcomHannah hey! So there are some physical products (shampoo, hair treatment, etc). I’m just wondering how to show the full price of the service on the website, but when they checkout, it only charges them the deposit ($45). Also if they don’t cancel within 2 days, we want to charge 50% of the service to the card. So confused on how to do this because when I put $45, it marks it as a sale and not a deposit 😅

    • @EcomHannah
      @EcomHannah  3 года назад

      @@ChicagoKidd92 I see, so because shopify is e-commerce based shopify payments alone will not let you do that, You may want to seek out an external app in the shopify app store that offers this (if it does exists) if not I would recommend using a processor separate from shopify. When someone checks out at your salon what ever software they use to book appointments their may be a better fit and offer something like this

    • @darshandev1754
      @darshandev1754 2 года назад

      @@ChicagoKidd92 I could build something custom for you, if you are still looking, I hope not, its been 11 months😅

  • @master.mind192
    @master.mind192 2 года назад +1

    i have just started my shopify store and i dont have any business registered. so how can i setup my payments

    • @EcomHannah
      @EcomHannah  2 года назад +1

      You can connect to a personal bank account for now but once you open a business account you can switch

  • @brianclark3062
    @brianclark3062 2 года назад

    My PayPal checkout stopped working. Customer can’t use PayPal anymore

  • @merakicata4672
    @merakicata4672 2 года назад

    URGENT question.. im trying to finish up my payout part on shopify however mastercard,visa, credit cards (etc) is not showing up on my website? Its only showing paypal.. am i doing something wrong?

    • @EcomHannah
      @EcomHannah  2 года назад

      Yes you need to set up shopify payments aswell as a payment gate way you can offer paypal and shopify payments you just need to set it up

  • @itszabx
    @itszabx Год назад

    Hello Hannah i have a question...
    My payouts are on hold in Shopify for 18 days What to do now? I have numerous times contacted the support but i am still facing the issue.

    • @itszabx
      @itszabx Год назад

      Have you ever faced this issue?

    • @EcomHannah
      @EcomHannah  Год назад +1

      @@itszabx are you dropshipping?

    • @itszabx
      @itszabx Год назад

      @@EcomHannah No

  • @tomasgomes9963
    @tomasgomes9963 2 года назад

    Hanna my shopify payments account is suspended and I don't know what to do

  • @Aacey1
    @Aacey1 2 года назад

    Is it a must to have a business to get paid from shopify?

    • @EcomHannah
      @EcomHannah  2 года назад +1

      So shopify does not pay you, you make sales and you get daily deposits from the processors you use. Either shopify payments with stripe, paypal, etc. Depending on what processor you want to use you may need to have a EIN business # if not you can still open with your social i believe may need to check

  • @chiforbrains
    @chiforbrains 2 года назад

    Is a LLC and EIN# required to receive payment on Shopify?

    • @EcomHannah
      @EcomHannah  2 года назад +1

      Not required but I do recommend

  • @bad-news-krystal8256
    @bad-news-krystal8256 2 года назад

    I have a question I can’t understand when watching all these RUclips videos..I’m on the info page on the bank statement part Ik you out your company name but THE NUMBER..do I put my phone number or do I get a 1 (800) number or what number do I get and how do I get one created if that is what you did WOULD appreciate it a lot if you could be able to help 🙂

    • @EcomHannah
      @EcomHannah  2 года назад

      You can get a business phone to keep it separate if you want but I would just put your personal cell when you are first starting out

  • @favourikponmwosa8704
    @favourikponmwosa8704 2 года назад

    Please I need a reply I just open a shopify account and lunch but have set up my payment method and all of that .but my sister in Germany she is trying to pay payment but my account is saying this store can’t accept payment right now
    Please I need help. Thanks 😊

    • @EcomHannah
      @EcomHannah  2 года назад +1

      hmmm did you verify you store and everything, could be the issue here? Check your emails for anything you may need to verify further

  • @RICCARDOFATTORE
    @RICCARDOFATTORE Год назад

    If I entered the wrong Shopify Payments setup information, how do I change it?

    • @EcomHannah
      @EcomHannah  Год назад

      you should be able to go back into it and just change the deposit info i believe

    • @RICCARDOFATTORE
      @RICCARDOFATTORE Год назад

      @@EcomHannah Where i have to go for do it?

  • @NiniJoseph
    @NiniJoseph 3 года назад +1

    Love it

    • @EcomHannah
      @EcomHannah  3 года назад +1

      Thank you for the love :]

  • @jamiehughes6251
    @jamiehughes6251 3 года назад

    Can you attach a payoneer to a UK shopify account do you know?

    • @EcomHannah
      @EcomHannah  3 года назад

      I am honestly not so sure :/

  • @master.mind192
    @master.mind192 2 года назад

    is it necessary to registered a legal business

    • @EcomHannah
      @EcomHannah  2 года назад

      I highly recommend it is you are trying to grow the business into something big

  • @nfit2470
    @nfit2470 2 года назад

    Hey, so am from EU but i have US LLC, EIN,SSN, US Bank Account and US phone number but Shopify payments just decided that they will hold my money and ban me from using Shopify Payments for no Reason, which i also contacted the internal team and they are not willing to help me. Am not sure whats going on and if someone knows how to solve this please let me know. If there is success i will pay you!

    • @EcomHannah
      @EcomHannah  2 года назад

      What niche are you selling it? It may be the products them selves if they are in a gray area category some merchants won’t process them. Being international should not do that

  • @LSD11
    @LSD11 3 года назад

    Lookin good fam

  • @thewooffactory4813
    @thewooffactory4813 2 года назад +1

    Hi great video, wondering if I could reach out to you.

    • @EcomHannah
      @EcomHannah  2 года назад

      for sure email me at Hannahthemark8er@gmail.com

  • @lukasvillela4022
    @lukasvillela4022 2 года назад

    good girl

  • @226Trading
    @226Trading 2 года назад

    5:01 what if you dont live in the u.s

    • @EcomHannah
      @EcomHannah  2 года назад

      I am not totally sure :/

  • @bobbob-ku6ys
    @bobbob-ku6ys 3 года назад

    thanks for the information, next time turn down the sensetivity of your mic:)

    • @kenwallace9696
      @kenwallace9696 2 года назад

      The sound levels are pretty fair. Thanks a million for the show.
      I ran them through Audacity 2.4.2 (don't use the new one Soviet Spy people took it over). Audacity is now Tenacity or Audacium. It is called a software fork. As much money as you make you could even buy a program. Now I can't talk about sound levels without going through the Pirates cave at Disney Land. Is he on drugs? Oh no, he doesn't have to do drugs, he is always like that. (old joke in memory of Robin Williams)
      This is for people with bad sound. Not You. The Microphone does sound a little buzz y. It wasn't enough to really detract from the show. I am no expert on microphones.
      A lot of people on You-tube videos and even store DVDs have their sound too quiet, so you have to be young and turn the sound up to 100 (max). Especially with new TVs not having the quality sound they use to have.
      your sound looked similar to:
      Normalizing to -0.2 which is as loud as you can go without distortion. Amplified to -0.2 for 5.1 sound. Which is good.
      The Country needs to get back to wholesome Apple pie music not hop hop, electrotechnical which always makes me think of Americans being taken prisoner to China or worse. There are really, really, bad guys in power claiming the moral high ground to destroy any thing but their foreign power club. The music wasn't real bad though, it did fit.
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      New York, New York a city so nice they named it twice?
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      Guys like me we had it made
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      gee our old LaSalle ran great
      Those were the days
      And you knew who you were then
      girls were girls and men were men
      Mister we could use a man like Herbert Hoover again
      Thanks a million for the show.
      God please help us. Back to store building.

  • @user-hi7ic3zy6k
    @user-hi7ic3zy6k 2 года назад +1

    ima bleep that out 😹😹😹😹

  • @meechandise6557
    @meechandise6557 2 года назад

    You should be a guru I would buy it I need mentorship

    • @EcomHannah
      @EcomHannah  2 года назад

      I am launching a program and you can sign up for my free beginners guide today and that will email you of future programs coming out :] 💚 Check out my FREE Etsy Beginners Guide: bit.ly/BosscomFreeGuide
      Thanks for the love

  • @bboynitro
    @bboynitro Год назад +1

    ur the prettiest girl ive ever seen LOL

    • @EcomHannah
      @EcomHannah  Год назад

      ayy thank you for the love

    • @bboynitro
      @bboynitro Год назад

      @@EcomHannah thanks for making this video you provided so much value💜💜

    • @bboynitro
      @bboynitro Год назад

      @@EcomHannah subbed

  • @workfromhome1263
    @workfromhome1263 2 года назад

    you are smart and beautiful

    • @EcomHannah
      @EcomHannah  2 года назад

      Hey thanks for the kind words and commenting :]

  • @AdrianaSoto_
    @AdrianaSoto_ 3 года назад +1

    Thank you so much. Your videos are so helpful.

    • @EcomHannah
      @EcomHannah  3 года назад

      I'm glad you think so :)