Shopify Capital Now Streamlined for Texas Merchants
Starting September 1, 2025, merchants in Texas who use Shopify Capital will see a new repayment process in place. This update complies with recent legal changes, making repayments more streamlined and efficient.
How Does This Work?
For new financing agreements originated on or after September 1, 2025, repayment amounts will be automatically deducted from your Shopify Payments payouts. This means the repayment process is integrated into your daily earnings, removing the need for separate transactions. Funds from your Shopify Payments payouts will go directly to your bank account after deducting the repayment amount.
What Does This Mean for Existing Agreements?
If your Shopify Capital financing was originated before September 1, 2025, the repayment method will remain unchanged. These repayments will continue to be collected via ACH direct debit, ensuring a seamless approach for existing accounts.
Benefits of the Updated Process
- Automatic deductions simplify repayment.
- Fewer separate transactions reduce manual efforts.
- Integration with Shopify Payments provides transparency and convenience.
This change applies exclusively to merchants in Texas with new Shopify Capital loans or Capital Flex accounts initiated on or after September 1, 2025.