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Is it a good idea to accept bank deposits on your Shopify store? I’m going to discuss this in this post.


Accepting Bank Deposits On Shopify, Good Idea?

The answer is really simple : NO. I have tested it on plenty of my stores, I talked to a bunch of people that tried it on their stores and they all came to the same conclusion : this is not a good idea. You’re going to lose money.

First of all, about 98% of the people out there have a credit card…And most of the people also have a Paypal account…So If someone needs to pay with bank deposit, there is probably something wrong with them.

Chances are high that they will try to scam you. I tested this on multiples of my stores and the conclusion is pretty clear: I always lost money when I accepted bank deposits. 

Think about it this way: even if some of these people that are asking you to do a bank deposit ARE NOT TRYING TO SCAM YOU, it is STILL TOO RISKY and you should still not accept them.

I prefer losing a little bit of money on those that were not trying to scam me than losing A LOT OF MONEY by starting to accept bank deposits…Makes sense?

This is the kind of risk that you don’t want to take…And trust me, you don’t need to accept bank deposits to make a lot of money! Again, only a really small % of the people want to pay with this and out of this small %, a huge numbers are trying to scam you.


If you are looking for more, or are wanting to seriously pursue making money with e-commerce, then I want to invite you to join my E-commerce University Program.


 E-commerce University is a step-by-step video training course that walks you through everything. The students in it are making a lot of money and the reviews are amazing.

 In the program, you get to see me create an E-commerce business from scratch. The program consists of over 45+ “over the shoulder” videos where you get to watch me do everything.

You will learn EVERYTHING you need to know to be successful with e-commerce/dropshipping in this program. I leave nothing out and I am 100% transparent! I share with you exactly what I do with my stores, and even how to scale this business by automating and outsourcing the whole process by hiring virtual assistants! You will learn how to pick a good niche, good products,how to do Facebook ads, Instagram ads, advanced promotions strategies and much much more. This is the exact system I used on all of my stores.

To find out more about E-commerce University, CLICK HERE.

Please leave a comment below or let me know any questions you have.  I’d love to hear what you think!

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