How to connect bank account to Shopify

Setting up a bank account with Shopify is essential. It can be done easily through Shopify’s payment system. Let’s find out how to do it.

Step-by-step Guide to connecting bank account in Shopify

First things first, let’s get to to the payment settings

1. Log into your Shopify admin
2. Click on ‘Settings’, then ‘Payments’. You’re now in the payment hub of your shop.
3. Click ‘Continue account setup’

At this step, Shopify needs to know a bit about your business. You have to find ‘Submit information about your business’ and click ‘Submit details’

Security is important. We recommend adding an extra layer of security:

1. Look for ‘Secure your account with two-step authentication’
2. Click ‘Turn on two-step’
3. Enter your phone number and follow the steps
4. Click ‘Turn on’

Now for the main event – connecting your bank:

1. Find ‘Add your banking information’ and click ‘Add bank account’
2. Click ‘Connect a bank account via Plaid’, then ‘Continue’
3. Choose your bank and click ‘Continue’
4. Log into your online banking
5. Select the account you want to connect to Shopify
6. Tick the box to agree to the terms and conditions
7. Click ‘Connect account information’

And there you have it! Your bank account is now connected to your Shopify store.

Wrapping Up

Connecting your bank account to Shopify might seem like a complex task, but as you can see, it’s pretty straightforward when you break it down. It’s the final piece of the puzzle that allows you to start receiving payments from your Shopify store.