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What Does Shopify Show Up as on Bank Statement?

Last updated on October 2, 2022 @ 2:42 am

As a business owner, you’re always looking for ways to streamline your operations and reduce costs. One way to do this is to use Shopify, an ecommerce platform that allows you to sell online. But what does Shopify show up as on your bank statement

The short answer is that it depends on the payment processor you’re using. If you’re using Shopify Payments, then it will show up as “Shopify *yourdomain.com” on your bank statement. If you’re using a different payment processor, then it will show up as that processor’s name.

Here’s a more detailed explanation:

Shopify Payments is the default payment processor for Shopify stores. It’s powered by Stripe, and it’s available in many countries around the world.

PRO TIP: If you’re using Shopify to sell products online, you may be wondering what will show up on your bank statement. The answer depends on how you’re using Shopify and which payment gateway you’re using.

If you’re using Shopify Payments, the name that will appear on your bank statement is “Shopify.” If you’re using a different payment gateway, the name that will appear on your bank statement will be the name of the gateway you’re using.

Some banks may flag transactions from Shopify as “possible fraud” because they don’t recognize the name. If this happens, you can usually just tell your bank that the charges are legitimate and they’ll remove the flag.

When you use Shopify Payments, all of your payments will go through Stripe. On your bank statement, it will show up as “Shopify *yourdomain.com.”

If you’re using a different payment processor, such as PayPal or Authorize.net, then your payments will go through that processor instead of Stripe. On your bank statement, it will show up as the name of that processor (e.g., “PayPal” or “Authorize.net”).

In conclusion, what does Shopify show up as on your bank statement depends on which payment processor you’re using. If you’re using Shopify Payments (powered by Stripe), then it will show up as “Shopify *yourdomain.” If you’re using a different payment processor, then it will show up as that processor’s name on your bank statement

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.