{"id":33614,"date":"2024-07-19T06:07:47","date_gmt":"2024-07-19T06:07:47","guid":{"rendered":"http:\/\/anja"},"modified":"2024-11-06T04:13:34","modified_gmt":"2024-11-06T04:13:34","slug":"shopify","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/global\/help-center\/receiving-payments\/shopify\/","title":{"rendered":"How do I receive money from Shopify?"},"content":{"rendered":"\n
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If you’re a seller on Shopify, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your Shopify sales proceeds into the World Account.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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The type of Receiving Account to set up for my Shopify store<\/strong><\/h4>\n\n\n\n

Shopify Payments will convert all international payments (including ones in your store currency) into your settlement currency, which will also be the currency you’ll withdraw your earnings in.<\/p>\n\n\n\n

Shopify payments will by default settle with you in the currency of your store country. Depending on your country, you may have a choice of an alternative settlement currency. As a seller, if most of your customers are in the US, you can choose to settle in USD. Otherwise, Shopify Payments will charge you a conversion fee for each of your USD payments. You can check your eligibility for alternative settlement currencies here<\/a>.<\/p>\n\n\n\n

If you’re a Shopify Plus member, you’re allowed to have two settlement currencies at the same time.<\/p>\n\n\n\n

You’ll need to create Receiving Accounts in your Stripe settlement currency\/currencies. For the primary settlement currency, Shopify Payments requires the bank account to be in the same country as the store location. For the secondary settlement currency, you’re allowed to use a bank account in such currency based in a different country.<\/p>\n\n\n\n

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|<\/strong><\/span> Step 1 – Set up the Receiving Account<\/strong><\/h4>\n\n\n\n