Shopify Payments for Japan
Merchants based in Japan can use Shopify Payments to accept credit cards and other popular payment methods.
Requirements for Shopify Payments
To use Shopify Payments, ensure that you can meet the following requirements.
Prohibited businesses
某些类型的企业和服务不烫itted to use Shopify Payments. To see whether you can use Shopify Payments, check the list of prohibited business types forJapan.
More details can be found in the Shopify PaymentsTerms of Service(TOS).
Bank account requirements for Shopify Payments
Make sure that your bank account meets the following requirements before you connect it to Shopify Payments:
- The bank account is a Futsu account with a bank in Japan in JPY currency.
Checking accounts that are set up to accept only wire transfers don't work with Shopify Payments. Savings accounts, flex-currency accounts, virtual accounts, and money-transferring services that mimic bank accounts aren't supported by Shopify Payments.
To confirm that your account can accept the transfer type listed for your region, contact your bank.
Personal information requirements for Shopify Payments
In response to regulations in different countries, you're required to provide information about you and your business. The information is collected to help identify merchants using Shopify Payments, including the beneficial owners of a particular corporate entity. The purpose of collecting this information is to comply with regulatory requirements designed to prevent money laundering, terrorist financing, and other financial crimes.
As local rules and regulations evolve, Shopify and its partners might reach out to collect additional information about you and your business. These standard reviews can occur at anytime during the lifespan of your Shopify account.
The information that Shopify is required to collect differs from country to country, but typically includes documentation about the following:
- the individual creating the Shopify Payments account
- the business associated with the Shopify Payments account.
- the individuals who ultimately own or control the business, which includes the business owner or a senior executive with legal signing authority for the business
Acceptable document types for individuals and businesses in Japan include the following.
Identity documents:
- Passport
- Driver license: scans of front and back are required
- Residence card
- My Number card with photo
- Juki card with photo
Company/entity documents:
- Touki
- Seal registration certificate
Accepting payments
In most countries, when your business is a sole proprietorship you're automatically set up to accept all major payment methods as soon as you create your Shopify store with Shopify Payments activated. Your card rate is based on your store's Shopify subscription plan, and you can change plans whenever you want.
Businesses in Japan can accept JCB, Visa, Mastercard, and American Express debit and credit cards. Additionally, accepting JCB automatically allows acceptance of Discover and Diners Club.
Businesses in Japan can also accept payments usingBancontact, andiDEAL.
Pay periods
Yourpay periodrefers to the amount of time between the date that a customer's payment is captured and the date that those funds are sent to your bank account. The date and time that a customer's payment is captured is recorded in UTC time. Funds from payments that are captured on Friday, Saturday, and Sunday are grouped and sent together as one payment.
For businesses located in Japan, you can set your regular payout day on any day between Monday and Friday, and you can choose to be paid weekly or monthly.
The pay period is 5 days plus the number of days remaining until your payout day. For example, if your customer places an order in your store on a Wednesday, and your payout day is Friday, then the funds from that order are sent to your bank account on the Friday of the following week, 8 business days later. If your customer places an order in your store on a Sunday, then the funds from that order are sent to your bank account on the Friday of the same week, 5 business days later.
Learn more about togetting paid with Shopify Payments.
Tax reporting
As a merchant, you are required to abide by all applicable regulations, including tax reporting. Depending on your jurisdiction, Shopify Payments might also be required to report your sales to the local tax authorities.