I have been looking into switching to the shopify platform, however I hear too many stories of Shopify Payments suddenly withholding a payout of funds and it sometimes being a nightmare to get this fixed. I do not plan on dropshipping, but run a digital educational membership site, as well as another site where I make and ship the items myself.
I'd like to hear of anyone else experiencing issues with Shopify Payments suddenly holding funds - which can really hurt a business, if not end it altogether. Am I worried too much about something that will likely never occur, or are my concerns justifed?
It's not very common, and if it does happen it's usually because they need additional information for verification purposes, and is resolved rather quickly when requested information is provided.
I do recommend you to read over Shopify Payment Terms of Service documents.