Shopify FAQ

No — Shopify is the commerce platform merchants use to run stores; Shop is Shopify's consumer shopping app. Same company, two products: one for sellers, one for buyers.

Shopify is a complete commerce platform for building a hosted online store, accepting payments, selling in person via POS, and selling on channels like Instagram, TikTok, and Amazon.

No — Shopify doesn't require an LLC or EIN to open a store. You can launch as a sole proprietor using your SSN, and add an EIN or LLC later once you need Shopify Payments as a business.

In the UK, Shopify Payments pays out in GBP on a rolling schedule with a minimum 3 business-day settlement; weekend captures are bundled, and banks add 1–3 more days to credit funds.