Скачать или смотреть Shopify Payments is holding your money. Here's what you're going to do to prevent it!

Is Shopify Payments holding your money??
Here's all the ways Shopify can hold your money, and what to do about it.

Text on screen: 1. Identity Verification

When you first sign up, Shopify verifies your identity. Ensure all your account details are accurate and complete to expedite this process. Because if anything is wrong, this can lead to holds and sometimes termination.

Text on screen: 2. Unverified Payment Methods

Adding a new card? Shopify may place a temporary hold until the card is verified. Double-check your card details to avoid delays.

Text on screen: 3. New Bank Account Verification

Changed your bank account recently? Shopify will make small deposits to verify it. During this period, fund withdrawals might be restricted.

Text on screen: 4. High-Risk Regions or Industries

Operating in a high-risk area or industry? Shopify may hold funds as a fraud prevention measure.

Text on screen: 5. 14-Day Hold for New Sellers

New to selling? Shopify might hold funds for up to 14 days to monitor order validity.

If a hold does happen, don't worry, there are some steps you can take to get things back on track more quickly. Work with a payment processor like Redde Payments who can work with you to avoid this from happening. We can help you set up an account with tailored parameters that will meet your business needs.

With Redde, when your account is approved, you're approved. This means no holds or last minute verifications. Our merchants appreciate our honesty and upfront due-diligence, which is why our customers continue to stay happy. Open up a permanent account with Redde. We would be happy to show you how payments should be.

Let's get you running payments!

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