Just like the title say. Shopify holding funds for 120 days or more is wrong and I don’t care TOS says it’s unfair to people. I and many others on this sub seem to have been hit with holds and payments disabled without any reason and failed appeals despite having all the documentation proving you are in the clear.
I see people actually defend the practice which is insane to me. They are effectively bankrupting certain people. People with families and utilities to pay for. And there really isn’t anything people can do. They have the power to just uproot someone’s life on a whim. What’s worse is that since the end of last year the issue only seems to have gotten worse yet I haven’t seen any major discourse about it. Just people getting holds every other day or so.
I personally think Shopify gets away with stuff like this because they have no real competition and people are for some reason complacent with it. But I think as a community this is something we should talking about more.
There’s also heavy rumors about Shopify holding funds for alleged “interbank lending” but I won’t go full conspiracy theorist.
Either way the fact that they do this is wrong. The fact that appeals never work is wrong. We should be talking about this more I feel.