Understanding Payment Processing Time and Distribution Fees in Shopify
Learn about the payment processing and receiving payments in Shopify when using a payment provider for credit card transactions in your store.
Payment Processing Time
When setting up a payment provider in Shopify to accept credit card payments for your store, each payment must be processed, causing a delay between the time a customer pays for their order and when you receive the payment.
Distribution and Fees
After the payment is processed, Single automatically calculates a distribution fee, and the purchase amount is transferred to your merchant account.
Typically, it takes 3 days to receive payments, but processing times can vary based on the pay period and the payment provider you selected for your Shopify store.
Note: It's important to note that Single doesn't handle transactions – your chosen payment provider does. For more information on receiving payments, we recommend reviewing Shopify's help article here.