Shopify Payments and Checkout Flashcards
6 cards from real Shopify practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Shopify Payments and Checkout flashcards as text
What does the Shopify 'payout schedule' setting control?
Answer: How frequently Shopify transfers your earnings to your bank account
The payout schedule determines how often Shopify Payments deposits your sales revenue into your linked bank account.
What is the function of 'tip' settings in Shopify checkout?
Answer: Allowing customers to add an optional gratuity to their order total
Shopify's tipping feature lets merchants enable optional gratuity fields at checkout, useful for service-based businesses.
What is a 'manual payment method' in Shopify?
Answer: A custom payment option like bank transfer or cash on delivery that merchants verify manually
Manual payment methods let merchants accept payments like wire transfers or COD that they must manually verify and mark as paid.
Which Shopify feature allows merchants to accept payments in person at retail locations?
Answer: Shopify POS (Point of Sale)
Shopify POS is Shopify's point-of-sale system that enables in-person payments at retail locations using card readers.
What does 'dynamic checkout buttons' in Shopify allow?
Answer: Showing express checkout options like Shop Pay or PayPal directly on the product page
Dynamic checkout buttons display accelerated payment options directly on the product page, bypassing the cart for faster purchase.
What currency conversion feature does Shopify offer for international shoppers?
Answer: Shopify Markets local currency display, letting prices show in the customer's local currency
Through Shopify Markets, merchants can display and charge prices in a customer's local currency using live exchange rates.