Shopify Payments Shutting Down? Here's What to Do
#USLLC #CanadianBusiness #CrossBorderTax
Shopify recently lowered its chargeback threshold, and many store owners are now at risk of having Shopify payments shut down. In this video, I break down what the new threshold means and share 3 U.S. based payment processor alternatives that can help protect your store if Shopify payments stop working for you.
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https://salaccounting.ca/toronto/shop...
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💬 COMMENT BELOW: Are you in a high risk business with only Shopify as your payment processor?
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TIMESTAMPS
0:00 Intro
0:30 Paypal
1:18 Phoenix Financial
2:38 Authorize.Net
3:18 Cost
3:35 Shopify Extra Cost
3:50 My Recommendation
3:35 Outro
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RESOURCES & SERVICES FOR CANADIANS
• CRA GST/HST Registration: https://www.canada.ca/en/revenue-agen...
• Cross-Border Tax Services: https://salaccounting.ca/toronto/cros...
• US Business Incorporation: https://salaccounting.ca/toronto/us-b...
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ABOUT SAL ACCOUNTING
SAL Accounting is a Toronto-based firm specializing in cross-border taxation for Canadian entrepreneurs. With 500+ clients and features in The Globe and Mail and Yahoo Finance, we simplify US-Canada tax compliance, accounting, and bookkeeping for LLC owners.
• Website: https://salaccounting.ca/
• Business Blog: https://salaccounting.ca/blog/
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DISCLOSURE: I am a CPA and financial advisor, but this video is for informational purposes only and does not constitute legal or financial advice. Consult a qualified attorney or financial professional for personalized guidance.
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