Shopify Balance

Shopify Balance

Business money management

81 ratings
42 reviews
Free

Details

  • Released
  • Updated
  • January 10, 2023
  • August 10, 2026

Features

Shopify Balance screenshot #1 for iPhone
Shopify Balance screenshot #2 for iPhone
Shopify Balance screenshot #3 for iPhone
Shopify Balance screenshot #4 for iPhone
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About

Manage your business finances directly from your mobile device. This app offers a free business financial account integrated with your store, allowing you to track your balance, transfer funds, get paid faster, and earn rewards on your balance.

View account balance and transaction history
Transfer funds with zero fees
Get paid faster from Shopify sales
Earn APY rewards on account balance
Access virtual card and mobile payments
Lock and unlock cards for security
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What's New in Shopify Balance

3.6.0

August 10, 2026

New in this version: • Wallet now makes all your accounts and cards visible - even when you have a lot of them. • Visual and performance improvements.

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User reviews

SMALL BUSINESSES BEWARE

I had my website with Shopify for 8 years. On June 01, Shopify allowed 302 fraudulent transactions to post to my balance account with no warnings or notifications. I notified Shopify of this theft. Shopify blamed me! Shopify forced massive financial harm on my small business, blatantly lied to my face, and without taking any responsibility for the theft SHOPIFY ALLOWED TO OCCUR, told me to see them in court because they don’t care if they screw over small businesses by losing thousands of dollars if their legitimate business funds. Use square!!!
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Fix this issues as soon as possible

I used to love Shopify Balance, but this latest issue is incredibly frustrating. Merchant names have completely disappeared from my debit card transactions. Instead of showing where I actually made a purchase (like Starbucks or Jeni’s Ice Cream), the app only displays my own name and the last four digits of my card.

This makes it impossible to identify purchases or verify whether a transaction is legitimate. I now have a pending $33.54 charge that I can’t identify because Shopify provides absolutely no merchant information. I haven’t made any purchases since Jeni’s Ice Cream, I haven’t received any Apple receipt, and I haven’t bought anything from Amazon. The app gives me no way to know what this charge is for.

A financial app should make transactions transparent, not force customers to guess where their own money is going. This is a major step backward and needs to be fixed immediately.
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Update = inconvenience

The new update removed the ability for connected accounts to have nicknames. This is decidedly inconvenient. I have a half dozen accounts I divvy payments to every day. I now have to memorize either the order in which they appear in the app (which also cannot be edited) or the individual account numbers. A simple fix would substantially streamline the UI.
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Response from developer

Thank you for the detailed feedback! We understand that managing multiple accounts quickly is essential to your workflow, and losing nicknames for connected accounts makes that harder. We've noted your feedback about both the naming feature and account ordering. For additional help, reach out at help.shopify.com.

Can’t transfer money

I have money in my balance and it won’t let me transfer money to my bank account, or add card to apple wallet. Now took my bank account off my account and will not let me add it back. You guys need to work on customer service because I can’t seem to find a contact for ANYBODY TO HELP.

Response from developer

Thank you for your feedback. When transfers and bank account changes are blocked simultaneously, this may require our support team to review account statuses. For Shopify Balance questions, contact us directly at help.shopify.com/support and click on "chat with a human" to get connected with us.

Gave up my bank account

I no longer keep my money in my business bank account. I make all purchases, pay vendors and contractors through my Shopify balance app! The Shopify card is also super convenient. If I need to pay myself personally, I just add my personal bank information within my Shopify balance account and send payments to my personal bank account. The payments hit my account within 24 hours.
I’ve been meaning to open up a business bank account but Shopify balance makes it so hard to do so.
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Developer apps

FAQ

What does the Shopify Balance app do?

The Shopify Balance app provides a free business financial account integrated directly into your Shopify store's admin. It allows you to manage your business finances on the go, track your balance, transfer funds, get paid faster from sales, and earn rewards on your account balance.

What are the key features of Shopify Balance?

Key features include managing money anywhere by viewing your balance and transaction history, transferring funds with zero fees, getting paid up to 7 days faster from Shopify sales, earning an annual percentage yield (APY) on your balance, and securely spending with a virtual business card or tap to pay. You can also lock and unlock your cards for added security.

Is there a cost to use Shopify Balance?

No, Shopify Balance is a free business financial account. There are no fees for transferring funds in or out of your account. You can also earn rewards on your balance without any limits on how much you can earn or withdraw.

What are the benefits of using Shopify Balance for my business?

Shopify Balance offers several benefits for businesses, including streamlined money management directly from your mobile device, faster payouts from your Shopify sales, and the opportunity to earn rewards on your existing business funds. It helps you stay on top of your finances to make better decisions for your business's long-term health.

How does Shopify Balance help me get paid faster?

With Shopify Balance, you can receive payouts from your Shopify sales up to 7 days faster compared to traditional banking methods. This can significantly improve your business's cash flow and provide quicker access to your earnings.