How to receive your Shopify earnings in Nigeria

Toluwani Omotesho

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Shopify is a popular e-commerce platform that makes it easy for Nigerians and people everywhere to sell goods and services. From digital products like e-books and templates, consulting and freelance services to physical items like clothes, shoes and accessories, Shopify connects you with buyers around the world.

Shopify helps business owners and entrepreneurs create customisable online stores, manage inventory, process payments, and handle global shipping.

But getting your Shopify earnings, especially if you’re based in Nigeria, isn’t always straightforward, as many merchants struggle with receiving payouts from international customers. In this article, we’ll simplify how to receive your Shopify earnings from Nigeria without the hassle of delays or high fees.

Also read: How to receive your Shopify earnings using Grey

Common reasons Nigerian sellers struggle with Shopify payouts

No access to Shopify Payments: Shopify’s default payment solution, Shopify Payments, is currently not supported in Nigeria. This makes Nigerian sellers rely on third-party alternatives, which often come with their limitations, especially for non-US or non-EU users.
Limited access to global payment gateways: Popular processors like Stripe and PayPal aren’t fully supported in Nigeria. You’d need to link a USD, EUR or GBP account, which isn’t easy to access locally. This makes accepting foreign payments from customers or withdrawing funds harder.

Also read: How to withdraw PayPal funds in Nigeria at the best rates

Slow and costly withdrawals: Even after getting paid, receiving USD, GBP, or EUR payments into local bank accounts can take several days. On top of that, you’d also be losing some money to poor exchange rates and hidden fees.
Compliance and verification delays: Nigerian sellers often face stricter verification requirements when signing up or withdrawing funds. These added checks can cause frustrating delays in accessing your money.

How to receive Shopify earnings in Nigeria with Grey

Grey is a digital banking platform that makes managing global payments easy and hassle-free. With a Grey account, you can get free US, EU or UK accounts and seamlessly receive your Shopify earnings in Nigeria.

Here’s how to receive payments from Shopify with Grey:

Step 1: Create your Grey account

Visit the Grey website or download the mobile app to register using your personal details.

Step 2: Complete your KYC Verification

To unlock full account features, complete the Know Your Customer (KYC) verification using a government-issued ID like your driver’s license or international passport. Your account will be verified within 24 hours.

Step 3: Request your foreign bank account

Once verified, you can request a US, UK, or EU bank account under the “Account” section. You’ll instantly receive your account’s bank details, including the account number, routing number, IBAN, and SWIFT/BIC, depending on the region.

Step 4: Connect Grey to your Shopify payment provider

Once you have your Grey foreign account, regardless of your Shopify payment provider, i.e. Stripe, PayPal or Payoneer, you can add your Grey account details as your payout destination:

Go to Shopify Seller Central
Navigate to Settings > Payments.
Add or update your payout account details using your Grey foreign account details.

Also read: Top PayPal and Payoneer alternatives for African freelancers

Why use Grey to receive your Shopify earnings

Access to foreign accounts: You can easily open a US, EU and UK account from Nigeria without complex paperwork or lengthy processes.
Competitive rates: With Grey, you’ll get far better rates than traditional banks, so you receive more value for your money every time.
Instant conversions: Instantly convert your foreign payments into Nigerian Naira (NGN) at the best exchange rates.
Fast transactions: Get paid quickly and convert or withdraw funds in minutes.
24/7 customer support: We understand that you may have questions, so our support team is available around the clock to help you with your needs.

Get paid globally, spend locally with Grey

At Grey, we’ve made it easy for you to receive your Shopify earnings with no hurdles. With a free US, UK, or EU account, you can receive and convert your earnings at fair rates with no hidden fees and access your funds from Nigeria.