We have left shopify few weeks ago, for many reasons such as ; we got banned by google due to dead scripts on our pages to which we don’t have access to yet support advised us to pay shopify expert to sort it out. And the other things like complete lack of features or very slow loading of the website because you need extension for even very basic functionality. The support is completely useless.
It was a relief to get out of here and on a day of the launch of new website we were reinstated by Google and sales went up 10 times!
But going back to original issue, we have used Shopify payments and after closing the shop we have no access to the historical data, we had one chargeback for example and while the money was returned to us in the end, when we click view the transaction we get the message that account is closed and to get access to Shopify Payments historical data we would have to subscribe again!!!
By UK law this is illegal, but not only that this is just very bad practice.
We have contacted Financial Conduct Authority as Shopify Payments is not registered in the UK and has no entry on Financial Services Register.
In addition we have contacted Prudential Regulation Authority and now both will investigate Shopify Payments.
According to Financial Conduct Authority they have to provide every UK seller with access to historical data for a minimum of one financial year.
I can’t wait for Shopify to get wake up call with some nice penalty. This cowboy approach is not acceptable in the UK.
After all I just got the following message after adding relevant labels
The following labels are not available here: Shopify Payments, not UK legal, illegal in the UK
Screenshot taken for the record, Shopify only allows to choose from their list of labels.