What Payroll Systems Don’t Solve for Global Payments
Learn what payroll systems do, what they don’t solve for global payments, and how businesses manage payroll payments at scale.
Starting an online store in the UK can feel complex, especially when you’re trying to balance platform choice, costs, and payments. Are you confident you understand what it really takes to run a Shopify business successfully?
In this guide, we've explained how to set up and run a Shopify store in the UK, including pricing, features, payments, and the key costs you need to consider to make informed decisions.
We've also explained how Wise Business can support your international payments needs.
| Topic | Notes |
|---|---|
| What is Shopify? | Shopify is a commerce platform that helps businesses sell online and in person. |
| Shopify support in the UK | Shopify currently supports UK businesses, including VAT setup and GBP payments.1,2 |
| Key features | Includes storefront tools, inventory management, marketing tools, and integrations.3,4,5 |
| UK pricing & plans | Shopify currently offers multiple plans priced in GBP.6 |
| Shopify payments | Shopify Payments currently charges UK card fees depending on plan.6 |
| Getting started | Shopify provides tools to create a store, add products, and accept payments.7 |
Shopify is a commerce platform that helps businesses sell online and in person.
Entrepreneurs and businesses use Shopify to create online stores, manage products, and process payments.
Shopify’s tools work together as a unified system to support selling, marketing, and operations.
Shopify is currently available to businesses in the United Kingdom.2
You can configure your store for GBP transactions and manage taxes such as VAT using Shopify’s tax settings.1
For UK businesses, it is important to follow HMRC requirements, including VAT registration rules.1
Shopify includes tools designed to help businesses launch and manage an online store.5
Shopify allows you to buy a domain or connect an existing one.8
It also provides hosting features. Shopify Payments supports transactions and is PCI compliant.9
Shopify includes marketing tools such as discount codes, campaigns, and integrations with social platforms.5
It also supports abandoned checkout recovery, which can send emails to customers who did not complete a purchase.4
Shopify allows you to manage inventory levels, track stock, and monitor product availability through its dashboard.3
Dropshipping allows products to be shipped directly from a supplier to the customer.10
This means you do not need to hold inventory and only pay for products after they are sold.10
Shopify supports dropshipping through integrations and apps.5
| Plan | Cost | UK card fee | International card fee |
|---|---|---|---|
| Basic | £25/month (or £19/month annually)6 | 2% + 25p6 | 3.1% + 25p6 |
| Shopify | £65/month (or £49/month annually)6 | 1.7% + 25p6 | 2.7% + 25p6 |
| Advanced | £344/month (or £259/month annually)6 | 1.5% + 25p6 | 2.5% + 25p6 |
If you use a third-party payment provider, Shopify currently charges an additional transaction fee depending on your plan.6
Running a Shopify store may include additional costs beyond the subscription fee.7
Shopify Payments charges a percentage per transaction depending on your plan.6
Third-party providers may include additional fees from both Shopify and the provider.6
If customers pay in another currency, Shopify Payments converts funds to your payout currency and applies a conversion fee.11
Shopify Payments allows you to accept card payments and other payment methods.15,2
It integrates payments into your Shopify dashboard.15
In the UK, payouts are typically sent in GBP to your bank account within a few business days.16
If customers pay in other currencies, funds are converted before payout and may include conversion fees.11
Shopify provides tools to launch an online store without technical expertise.7
Steps include:
Shopify supports integrations with shipping carriers and fulfilment services.17,18
You must currently register for VAT if your turnover exceeds £90,000.22
Once registered, you must charge VAT on applicable sales.22
Shopify allows you to enter your VAT number and apply VAT rates automatically at checkout.1
VAT-registered businesses may also need to follow Making Tax Digital requirements.23
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited, its subsidiaries or affiliates. It should not be treated as advice from, or a communication with, HMRC, and it is not intended as a substitute for obtaining business advice from a tax advisor or any other professional.
Wise Business is used by countless ecommerce businesses in the UK for domestic and global money management.
With Wise Business, you can:
Make the wise choice when selecting a business account for all your domestic and global needs.
Be Smart, Get Wise.
*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QuickPay QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Sources:
Sources last checked on 24 April 2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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