Experts Need expert help? Don’t hesitate to talk.
Shopify Bill Pay lets companies pay their bills easily without having to leave their Shopify admin. They can use their Shopify Balance, debit/credit card, or bank transfer to make payments. Vendors can choose to accept payments through cheque or bank transfer, which gives both parties flexibility.
For merchants worldwide, handling business payments can be challenging. They have to manage relationships with vendors and deal with modern payment software, which can be stressful in a fast-changing digital world.
They end up spending most of their time in their accounting software, switching back and forth between making invoices and handling payments. But this leaves them with very little time to focus on growing their business.
To solve this common problem faced by many merchants, Shopify has created a special platform called Shopify Bill Pay. It helps businesses with all their payment needs in one convenient place.
In this blog, we’ll discover Shopify’s latest payment solution and how it can make running a business much easier.
What is Shopify Bill Pay?
Shopify Bill Pay is an advanced payment app available to its merchants. Merchants can plan, pay, and manage their business bills from their admin interface with this comprehensive App.
The app has several incredible features and functions that help customers to track their vendors’, suppliers’, and contractors’ payments and invoices in one spot.
You can pay your bills by cheque or bank transfer, whichever is more convenient for you and suppliers. Plus, with Shopify Bill Pay, you’ll always be on top of your financial flow while saving time.
Shopify Bill Pay is a payment application that enables businesses to pay business bills straight from Shopify admin. Merchants may allow suppliers to choose whether to receive cash by cheque or bank transfer, regardless of payment method.
The Bill Pay App is an excellent modern payment option that might save you a significant amount of time when paying company expenses. Also, It assists merchants in staying on top of Shopify’s cash flow globally.
There are no fees for registration or subscription. You must, of course, have a Shopify account in order to use this feature. Using Shopify Bill Pay, retailers may save up to 16 hours each month on company bills.
Also Read: 10 Best Shopify Development Trends To Consider in 2023
Key Features of Shopify Bill Pay
- All-in-one dashboard
With Shopify Bill Pay, online retailers can handle and pay vendors right from their Shopify admin dashboard, making the payment process smooth and easy.
- Plan payments with ease.
Using Shopify Bill Pay, you can easily schedule payments for bills and expenses, ensuring that you never miss any important payments.
- Upload expenses through email and images
With Shopify Bill Pay, you can upload costs not only through regular methods but also through email and images. This feature helps you keep track of expenses and stay organized in an easy and convenient way.
- Stay updated on expenses
With Shopify Bill Pay, you’ll receive real-time updates on financial costs. This helps you keep track of spending and ensure you’re not paying too much in any area.
- Organize and manage vendors
You can easily track costs and handle vendors by using the filtering and sorting options. This tool allows you to arrange spending in a way that makes sense for business, and helps you quickly find the specific details.
How Does Shopify Bill Pay Works?
Shopify Bill Pay App is simple to set up and use for paying company bills. Shopify Bill Pay claims to make business payments easier and more efficient for merchants, allowing them to focus on growing business rather than on administrative tasks.
After you make your first transaction or payment to a vendor with the Bill Pay app, the app will remember the data and settings for future transactions. You may then quickly change choices and details whenever you like.
When paying a new vendor, you only need to input their data once in order for the payment to be processed swiftly. Following that, data will be kept automatically for any future transactions. Your merchants will not even need to set up an account!
We’ve got you covered, whether you go it alone or with the help of Shopify Experts. To ensure that everything works well, our Shopify developer may assist you with extra tasks like as preparing invoices and selecting payment methods.
Also Read: 10 Best Shopify Apps To Increase Sales for eCommerce Business in India
How would Shopify Bill Pay help you for your Shopify store?
Shopiy’s new payment App is quick, responsive, and packed with best-in-class features and benefits for your store.
Among the benefits of Shopify Bill Pay emphasized are the following:
1. Get rids to tedious and challenging costs
Handling invoices and related tasks can be time-consuming and frustrating for any business. But don’t worry! That’s where Shopify Bill Pay comes in to help. This will make managing expenses much easier, freeing up time so you can focus on growing your business.
2. Allow to choose how you want to pay
Sometimes vendors may not accept your preferred payment method, which can lead to extra fees or difficulties. But with Shopify Bill Pay, you have the power to choose. Even if the seller doesn’t accept your preferred payment method, this solution allows you to still use it.
3. Provide clear view of store’s financial health
With Shopify Bill Pay, you can see how store is doing financially. It works smoothly with Shopify Balance, a special account for Shopify merchants. This gives you a complete view of store’s financial health. You’ll also get physical and virtual business spending cards, allowing you to make payments easily.
4. Simpler payments as business grows
When company grows, you might have to deal with different payment methods from various vendors, making the payment process even more complicated. But Shopify Bill Pay is here to help. It simplifies payments by letting retailers manage and pay vendors directly from the Shopify admin panel.
5. Save time and make things easier
With Shopify Bill Pay, you can save a lot of time and streamline administrative tasks. This digital payment solution is designed to help businesses like yours. That’s a big time-saver! By spending less time on administrative tasks, you can focus on growing business and making it even better.
6. Easily track spending and manage vendors
It can be challenging to keep track of spending and manage suppliers, when you have many vendors and expenses. But Shopify Bill Pay provide a separate dashboard where you can filter, sort, and schedule payments. This makes it super easy for you to track spending and manage contractors smoothly.
How Do You Set Up Shopify Account with Shopify Bill Pay?
Shopify Bill Pay may be installed easily from your Shopify admin. If there is no option to install Shopify Bill Pay in Shopify admin, you are not eligible.
Steps:
- Login your Shopify account
- Navigate to Finances > Bill Pay in Shopify admin
- Add Bill Pay by clicking the button
- Check the app permissions before clicking Install app
Shopify Bill Pay uses the legal information from your Shopify store to help you set up Shopify Bill Pay account. If any information is missing or incomplete, you’ll be asked to provide it.
Once you install Shopify Bill Pay, you can enter your company details, select preferred payment methods, and choose preferences. You can also link QuickBooks account for seamless integration.
Also Read: How You Can Boost Decision-making Power with Shopify Marketing Insights
Problems may happen while using Shopify Bill Pay
While Shopify Bill Pay makes it simple for Shopify merchants to pay their bills, consumers may encounter some difficulties. Here are some of the most common issues and solutions:
- Payment was not received on time: The time it takes for the money to reach vendor’s account is determined by the mode of delivery used.
- Payment method Link broken: If the seller allows you to choose how you wish to be paid, they will give you an email with a link to make your choice. But keep in mind that the link is only valid for seven days.
To make sure you don’t face these possible problems, stay informed about any updates from Shopify regarding payment system. If you have any issues or need help, you can always reach out to our Shopify developer or support team.
Summarize
That’s all you need to know about Shopify Bill Pay. In summary, it saves businesses a lot of time, allowing them to focus on what really matters. The best part is, it’s completely free to use. So why not give Shopify Bill Pay a try right now?
If you’re a merchant looking for a simple way to handle business payments, the Shopify Bill Pay App is perfect for you. It’s an effective solution that saves time.
With this app, you can handle all payments in one place, making it easier to manage cash flow without the need for multiple tools. It also offers a variety of payment options, so you can focus on building brand and expanding business.
Mconnect Media, a certified Shopify App Development Agency, will assist you with installing and configuring the Bills Pay App by Shopify. So go ahead and give Shopify Bill Pay a try. It’s a convenient and hassle-free way to handle business payments.
Also Read: Magento Vs Shopify – Which Ecommerce Platform You Should Prefer?
FAQs:
- What payment methods are available for Shopify Bills?
You can pay Shopify invoices, whether they are one-time or recurring, using these methods:
- A valid credit card from Mastercard, Visa, or American Express.
- A debit card having Mastercard, Visa, or American Express logo on it.
- In select locations, Shopify Balance as a payment option
- In some areas, PayPal to pay
These are the different options you have to make your payments, depending on where you are located. You can choose the one that works best for you!
- Which payment gateway is best for Shopify in India?
In India, if you have a Shopify shop and need a payment gateway, PhonePe PG is the top recommendation. It is a reliable, secure, and feature-rich option that will help you accept payments smoothly and safely.
- Does Shopify have a payment system?
Shopify Payments is the easiest way to accept payments online. You don’t have to go through the hassle of setting up a separate payment provider or merchant account and entering all the details into Shopify.
- Is Shopify payments available in India?
Contrary to what @magecomp has said, Shopify Payments is not available in India. This means that if you want to accept credit cards for your business, you will need to use a third-party payment provider.
