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Does Shopify Hold Your Money?

Last updated on October 1, 2022 @ 11:02 pm

Shopify is a platform for businesses of all sizes to create an online store.Shopify has been around since 2006 and is now one of the most popular eCommerce platforms on the market. Over half a million businesses already use Shopify, including big names like Tesla, Red Bull, and Budweiser.

One of the things that makes Shopify so popular is that it’s very easy to use. You don’t need any coding skills or previous experience with website builders to create a beautiful online store with Shopify.

PRO TIP: If you are thinking about using Shopify to sell products online, you may be wondering if Shopify holds your money. The answer is yes, Shopify does hold your money in their account until you transfer it to your own bank account. This can take a few days and may cause some delays in getting your money.

Another reason why Shopify is so popular is that it’s very affordable. There are three different pricing plans, starting at just $29 per month.

And even the most expensive plan is still less than $200 per month.

So, does Shopify hold your money? No, Shopify does not hold your money. When you make a sale, the money goes into your Shopify account. From there, you can transfer it to your bank account. So, you always have control over your money with Shopify.

Conclusion: Does Shopify Hold Your Money?
No, Shopify does not hold your money.

From there, you can transfer it to your bank account.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.