Introducing Updated Credit Remittance in Texas
Starting January 12, 2026, Shopify Credit is adapting to meet new legal requirements in Texas. Merchants utilizing the 'Pay over Time from Sales' repayment method will see adjustments to how their repayments are processed.
How Does It Work?
For financings under the 'Pay over Time from Sales' method, repayment amounts will now be automatically deducted from each day’s Shopify Payments payout. This ensures a seamless and hands-free experience for merchants, as the repayments are deducted before payouts are deposited into the merchant's bank account.
Who Does This Apply To?
It is essential to note that these changes only apply to the 'Pay over Time from Sales' repayment method. Merchants using the 'Pay in Full' monthly repayment option will continue to remit payments via ACH direct debit as before.
What Should Merchants Do?
Merchants do not need to take any additional steps. Shopify will handle these adjustments on their behalf, ensuring compliance with the updated legal requirements in Texas.
- Effective date: January 12, 2026
- Applies only to 'Pay over Time from Sales' repayments
- 'Pay in Full' repayments remain unchanged
For further updates or questions, reach out to Shopify Support for assistance.