Shopify Balance

Shopify Balance

Business money management

82 ratings
44 reviews
Free

Details

  • Released
  • Updated
  • January 10, 2023
  • August 31, 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 users say

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+1

What's New in Shopify Balance

3.9.0

August 31, 2026

Visual and performance improvements

User reviews

Bobby

Couldn’t receive my payments from Shopify through a browser because a problem with transfers regarding having a new phone. Talked to support with Shopify, they recommended this app. Been able to receive my payments from Shopify, faster and easier than through the browser, great app

BEWARE - Terrible Customer Support and Unreliable Bill Pay

I’ve been using Shopify professionally and personally for over a decade. Unfortunately, like many tech companies, they have switched their customer service experience to AI chatbots. It’s incredibly difficult to reach a human being for help. And when you finally do, it takes days of waiting to get resolutions. They no longer prioritize their customers' concerns.Shopify’s own Bill Pay feature that they offer for their Shopify Balance accounts did not pay my studio rent on time 2 months in a row, despite being assured my rent payment would process. The first month, they did offer a $50 reimbursement for the inconvenience. The second month this happened (which in my mind is worse because I had already spent hours upon hours dealing with them and their bill pay processing company, Melio, the first time to get it resolved), they refused to offer me a credit or even a written letter explaining their own failure in paying bills with the money that was in my Shopify Balance account.If you are a small business just starting out, save yourself the hassle and try Square. I have friends that swear by it. I am so disappointed with Shopify that I’m considering building a whole new WordPress website just to get as far away from them as I can.
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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.

Developer apps

User experience

🐞

Reported Bugs

32 issues

Bill Pay feature failed to pay rent on time

Bug

302 fraudulent transactions posted without warning

Bug

Merchant names disappeared from debit card transactions

Bug

Cannot transfer money to bank account

Bug

Cannot add card to Apple Wallet

Bug

Bank account removed and cannot be added back

Bug

App not working for months

Bug

Cannot sign in

Bug

App stuck on welcome page, cannot scroll

Bug

Keyboard won't pop up to enter information

Bug

Cannot log in

Bug

App requires full password login every time

Bug

App updated, not showing money or transactions

Bug

App updated, no cards, balance, or transactions listed

Bug

Cannot move money from balance

Bug

App freezes when trying to view account information

Bug

Cannot move money from the app

Bug

Cannot move money on the app, only website

Bug

Funds unavailable for extended periods

Bug

Cannot set up app due to fingerprint scanner issue

Bug

Cannot create a card

Bug

App is not working

Bug

Face ID login option never works

Bug

App logs user out of Shopify store app

Bug

Cannot see balance on phone

Bug

App not working on iPhone SE

Bug

Cannot add bank account to move money

Bug

App does not show account and routing number properly

Bug

App won't let me withdrawal money

Bug

Cannot figure out how to move money into the Shopify account

Bug

Recent transactions not showing

Bug

No emails verifying transactions

Bug

Requested Features

9 requests

Add Zelle integration

Feature

Allow connected accounts to have nicknames

Feature

Improve UI for managing multiple accounts

Feature

Make app compatible with iPad

Feature

Add instant transfer method

Feature

Allow cancellation of pending orders

Feature

Clarify transfer times

Feature

Add multi-store support

Feature

Integrate balance management into main Shopify app

Feature

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.