Shopify is a popular eCommerce platform that’s perfect for small businesses and entrepreneurs who want to start and run their own business. But what about using debit cards on Shopify? The short answer is that you can use a debit card on Shopify, but there are some restrictions in place. Specifically, you can’t use a debit card to withdraw cash from your Shopify account.
You also can’t use a debit card to make any purchases other than goods and services that you have already paid for with your credit or debit card. So, if you plan on making any large-scale purchases on Shopify, you’ll need to use another payment method like PayPal or Venmo. But, overall, using a debit card on Shopify is perfectly safe and convenient. Just be sure to keep your transactions within the limits set by Shopify!
What are the benefits of using a debit card with Shopify?
A debit card is a convenient way to spend money, as you can easily access your funds without having to carry around cash. Additionally, using a debit card with Shopify can help you save on fees and earn rewards that can be used to purchase items in the store.
When you use a debit card through Shopify, the merchant processing bank pays Shopify a commission for each transaction processed. In addition, some shops offer loyalty programs that give you rewards for spending money on their site. Finally, using a debit card through Shopify can help you avoid early payment penalties (EPMs).
How do I set up my debit card on Shopify?
There’s no need to break the bank when setting up your Shopify account – there are plenty of affordable payment options available. One of the most popular methods for paying online is through a debit card, which allows you to spend money directly from your bank account. Here’s how to set up your debit card on Shopify:
1. Open the Shopify app and sign in.
2. Click on the Accounts tab at the top of the screen and then click on your bank name in the list on the left-hand side.
3. On the next page, click on Debit Cards in the list on the right-hand side.
4. If you don’t have a debit card yet, you will be prompted to create one. You can choose from a range of different payment providers, or use one of Shopify’s own pre-existing cards. After you have created your card, click Next to continue with the setup process.
5. On this page, you will need to enter some basic information about your card, such as its number and expiration date. You will also be asked to choose a PIN code for added security (this doesn’t need to be kept secret – just make sure you remember it!). Finally, make sure that Automatic Spend is enabled (click Update Settings at the bottom of this page).
Conclusion
Yes, you can use a debit card for your Shopify store. Debit cards are typically linked directly to your checking account, so all transactions are direct and easy to track. This makes it a great choice for online stores that need to keep close tabs on their spending.
