Shopify Balance Now Lets Merchants Pay International Suppliers Directly

🔥Join eCom Hot Sauce newsletter if you want to get such hot news and tips before the other eCom peeps!

Yo, Shopify merchants. Your money just got a passport.

Shopify Balance now supports international transfers, letting eligible US-based merchants send money directly to overseas suppliers, contractors, and business partners.

No need to move funds out to another banking platform just to pay somebody on the other side of the planet.

And for ecommerce brands managing international operations, that’s a pretty sweet upgrade.

Your Shopify Money Can Travel

Let’s say you’re running a Shopify store in the United States.

Your manufacturer is in China, your freelancer is in the UK, and your packaging supplier is in Germany.

Normally, paying everybody means juggling bank transfers, currency conversions, and possibly several financial platforms.

With Shopify Balance, eligible merchants can send international payments directly from their existing account.

Recipients receive the money in their local currency, and Shopify shows the exchange rate and transfer fees before the payment is confirmed.

No guessing how much money will land on the other side.

Where Can You Send Money?

Shopify currently lists 13 supported destinations:

Australia, Canada, China, France, Germany, Hong Kong, Italy, Mexico, the Netherlands, New Zealand, Portugal, Spain, and the United Kingdom.

Transfers use local banking networks where available, including SEPA in Europe, Faster Payments in the UK, and SWIFT for certain destinations.

Estimated delivery time is 1–3 business days.

What About the Fees?

Here’s the part every ecommerce operator wants to know.

Shopify lists a 0.75% exchange fee for all currently supported destinations.

There’s also a fixed transfer fee:

  • $0.10 for most supported countries.
  • $0.50 for Hong Kong and Mexico.

The fees are charged separately from the amount being transferred.

So merchants can see exactly what they’re paying before hitting that final button.

Of course, the recipient’s bank might still charge its own receiving fee.

How Do You Send the Money?

For now, international transfers are available only through the Shopify Balance mobile app.

Merchants need to add the recipient, enter their banking details, select the destination country, and review the payment.

The app handles the exchange-rate display and estimated delivery information.

One important catch: not every Shopify Balance account is eligible yet.

Your business must be US-based, and international transfers need to be enabled for your account.

Daily transfer limits also apply.

Why Ecommerce Brands Should Care

The real opportunity is operational simplicity.

Shopify is gradually bringing more of the merchant’s financial workflow into one ecosystem.

Sales, payments, balances, and now international supplier transfers can sit closer together.

For brands working with overseas manufacturers, agencies, and service providers, that can mean fewer financial tools and less money shuffling.

The Hot Sauce Take

Shopify wants to handle more than your storefront and checkout.

Now it’s coming for the international payments workflow, too.

Your supplier in China might not care where the money comes from, but your finance team sure will.

Original source: Shopify Help Center – Send Money Internationally with Shopify Balance

🔥Join eCom Hot Sauce newsletter if you want to get such hot news and tips before the other eCom peeps!

 

Leave a Comment