Shopify Payments Setup: A Checklist That Prevents Revenue Disruptions

Payment setup failures are expensive because they break checkout. Use this checklist to set up payouts, reduce fraud, and avoid operational surprises.

Checklist

1. Business identity: legal entity name, address, tax IDs match bank records.
2. Banking: connect the correct settlement account; confirm payout currency.
3. Customer statements: set a recognizable descriptor to reduce chargebacks.
4. Fraud settings: start conservative; monitor high-risk signals (mismatched AVS, velocity, high-value first orders).
5. Refund/chargeback SOP: define who responds, what evidence is collected, and response timelines.

User cases

High-CAC paid acquisition store

Prioritize a smooth checkout and a fast support loop. Chargebacks are often a customer experience problem (unclear shipping times, confusing product claims).

Digital products or high-risk categories

Expect more scrutiny. Tighten fraud rules, require stronger verification, and consider staged fulfillment.

Validation test

• Run a test order end-to-end (including refund).
• Confirm payout timing and bank settlement.
• Verify email receipts and support inbox routing.

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