Accepting payments and understanding pay periods with Shopify Payments for Liechtenstein
Shopify Payments is a payment solution that lets businesses based in Liechtenstein to accept a range of payment methods, including credit and debit cards, accelerated checkouts, and local payment methods. This article outlines the process of accepting payments with Shopify Payments in Liechtenstein.
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Key benefits and features of using Shopify Payments in Liechtenstein
Review the following key benefits and features of using Shopify Payments in Liechtenstein:
- Automatic setup: When you create your Shopify store with Shopify Payments activated, your store is automatically set up to accept credit and debit cards such as Visa, Mastercard, American Express, and UnionPay.
- Automatic payouts: Funds from your sales are automatically deposited into your bank account on a regular basis, making it easy to manage your cash flow.
- Flexible card rates: The card rate for your transactions is based on your store's Shopify subscription plan. You have the flexibility to change plans whenever you need, letting you to choose the pricing structure that best suits your business.
- Integrated with Shopify: As an integrated payment solution, Shopify Payments simplifies the management of your online store by consolidating your payment processing and order management in one platform.
- Secure transactions: Shopify Payments ensures the security of your customers' payment information through advanced encryption and fraud detection measures, such as 3D Secure checkout.
Available payment methods with Shopify Payments in Liechtenstein
Review the following available payment methods for Shopify Payments in Liechtenstein.
Credit and debit cards
You can accept payments from the following credit and debit cards:
- Visa
- Mastercard
- American Express
- UnionPay
Accelerated checkouts
You can offer customers the following accelerated checkout options:
Local payment methods
You can accept payments using the following local payment methods:
Receiving payouts with Shopify Payments in Liechtenstein
With Shopify Payments in Liechtenstein, and with all subscription plans, you can receive payouts in Euro (EUR) or Swiss Franc (CHF). The currency that your customers use to pay for their orders can be different from the currency of your payouts from Shopify Payments. Learn more about selling and getting paid in different currencies.
Receiving payouts in multiple currencies with Shopify Payments in Liechtenstein
If your store is on the Advanced plan or the Shopify Plus plan, then you can set any supported payout currency as your default. If this currency is your domestic currency, such as EUR or CHF in Liechtenstein, then you won't incur Multi-Currency Payout fees. Learn more about Multi-Currency Payout fees.
If you set up additional bank accounts for payouts, then Multi-Currency Payout fees apply based on your location and Shopify plan. Orders that are placed in a currency that isn't set up to receive Shopify Payments payouts are paid out to your default currency bank account. If the account is in a non-domestic currency, then you incur a currency exchange fee.
You aren’t charged extra fees for orders in your domestic currency paid out to a bank in your domestic region, even if your domestic currency isn't your default payout currency.
If you select a non-domestic currency as your default, such as USD when located in Liechtenstein, then Multi-Currency Payout fees will apply for all payouts, depending on your location and Shopify plan.
Supported payout currencies with Shopify Payments in Liechtenstein
The following are the currencies you can accept payouts in when using Shopify Payments in Liechtenstein, where the bank account needs to be located, and if they are charged Multi-Currency Payout fees.
| Payout currency | Bank account location | Domestic currency | Multi-Currency Payout fee |
|---|---|---|---|
| EUR | Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States (USD only) | Yes | No |
| CHF | Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom | Yes | No |
| AUD, CAD, CZK, DKK, GBP, HKD, HUF, JPY, NOK, NZD, RON, SEK, SGD, USD, ZAR | Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, [region removed], Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States (USD only) | No | Yes |
Fees for Shopify Payments in Liechtenstein
Shopify Payments fees are location-dependent and can vary. To get the most accurate and detailed information about fees, visit your pricing page. This page provides a breakdown of the rates and fees associated with Shopify Payments based on your selected plan.
The plans and pricing page is accessible only in the language and currency specific to that country. If you need to translate the plans and pricing page, then you can use a browser extension, such as the Google Chrome extension.
View payment rates in your Shopify admin
If you have Shopify Payments in Liechtenstein set up, then you can access information about the specific rates and fees applicable to your store location and chosen plan. For more details about applicable fees, you can access the Shopify Payments Terms of Service from your Shopify admin.
Steps:
From your Shopify admin, go to Settings > Payments.
In the Shopify Payments section, click Manage.
View the rates that apply to different payment methods.
Pay periods with Shopify Payments in Liechtenstein
Your pay period refers to the amount of time between the moment that a customer's payment is captured and when those funds are sent to your bank account. The timestamp for capturing a customer's payment is recorded in Coordinated Universal Time (UTC). Payments captured on Friday, Saturday, and Sunday are consolidated and then sent as a single payment.
In Liechtenstein, the pay period is 3 business days. The minimum amount that can be paid out for Shopify Payments accounts in Liechtenstein is 1 EUR or 5 CHF. If there's a payout for less than this amount, then the payout stays in a pending state until more funds are available to pay out.
Learn more about getting paid with Shopify Payments.
View your payouts
You can view your payouts in the Shopify admin and review any transfers that are pending, in transit, paid, or failed.
Steps:
Desktop
From your Shopify admin, go to Settings > Payments.
In the Shopify Payments section, click View payouts.
iPhone
- From the Shopify app, tap …, and then tap Settings.
- In the Store settings section, tap Payments.
- In the Shopify Payments section, tap View payouts.
Android
- From the Shopify app, tap ☰, and then tap Settings.
- In the Store settings section, tap Payments.
- In the Shopify Payments section, tap View payouts.