Streamline Payments for Multicurrency Orders
Merchants using Shopify Payments now have the ability to collect deferred payments for orders in local currencies. This enhancement provides greater flexibility and improved cash flow for businesses operating in international markets.
Set Payment Terms
With this feature, you can establish clear payment terms that determine when payments are due. This ensures transparency for both you and your customers while fostering trust and reliability in transactions.
Send Invoices for Easy Payment Collection
Shopify allows you to seamlessly send invoices for local currency orders, making it easy for your customers to complete their payments. These invoices act as reminders and provide a streamlined payment experience.
Requirements for Using This Feature
- Your store must use Shopify Payments to support multiple currencies.
- The Shopify Checkout must be upgraded to utilize Extensibility features.
- Deferred payment options should be configured in your store's admin settings.
This feature is designed to help global merchants better manage transactions and enhance the overall customer experience.
Learn More
To dive deeper into setting up and using deferred payments, visit the Shopify Help Center for a detailed guide.