Shopify charges a transaction fee per sale in addition to the monthly subscription fee.
Shopify’s transaction fees vary according to the Shopify plan your business is on, the location of your business, and the payment gateway you use.
The Basic Shopify plan transaction fee is 2.9% + 30 cents per transaction.
The Shopify plan transaction fee is 2.6% + 30 cents per transaction.
The Advanced Shopify plan transaction fee is 2.4% + 30 cents per transaction.
With Shopify Plus, the transaction fees are determined by your chosen payment processing method. These are outlined below.
If you exclusively use Shopify Payments for all payment processing, you will be charged by Shopify for both online and in-person credit card fees. However, the rates charged by Shopify are the most competitive for Shopify Plus among all the available plans.
If you use both Shopify Payments and a third-party processor, the transaction fees for third-party transactions may be subject to a minimal rate based on your location.
If you solely rely on a third-party processor, you are responsible for paying the fees imposed by the processor, in addition to a 0.15-0.30% per transaction fee to Shopify.
Shopify’s transaction fees are competitive with other eCommerce platforms, making it an excellent choice to establish and maintain an online presence for your business.