Shopify is a popular ecommerce platform that allows businesses to set up their own online stores. One of the questions that potential Shopify users often have is how much the platform charges per transaction. In this article, we’ll break down the different fees associated with using Shopify so that you can better understand what you’ll be paying if you decide to use the platform.
Shopify Transaction Fees
If you’re running a business, it’s important to understand the fees associated with your transactions. After all, every penny counts! So, how much does Shopify charge per transaction?
Here’s a breakdown of Shopify’s transaction fees:
– If you’re using Shopify Payments (which is Shopify’s own payment gateway), then there are no transaction fees. This is the most cost-effective option for businesses.
– If you’re using a third-party payment gateway (like PayPal or Stripe), then there is a small transaction fee of 2%.
– There are also no transaction fees for manual payments (like bank transfers).
So, in summary, the most cost-effective way to use Shopify is to use Shopify Payments. However, if you need to use a different payment gateway, the transaction fee is only 2%. There are also no transaction fees for manual payments.
Other Shopify Fees
In addition to the Shopify fees discussed in the previous section, there are a few other fees you should be aware of when using Shopify. These include:
-Transaction Fees: Shopify charges a transaction fee on all sales processed through their platform. This fee is based on the sale amount and is typically around 2%.
-Payment Gateway Fees: If you use a third-party payment gateway (such as PayPal or Stripe), you will be charged an additional fee per transaction. These fees vary depending on the gateway used but are typically around 2-3%.
-Shipping Fees: Shopify does not charge any fees for shipping, but your shipping carrier will most likely charge you for their services. These fees will be based on the weight and destination of your shipment.
How to Avoid Shopify Transaction Fees
If you’re selling products online, chances are you’re using Shopify to power your eCommerce store. And while Shopify is a great platform with lots of features, one downside is that it charges transaction fees on every sale.
While these fees can be worth it for the features and convenience that Shopify offers, they can also cut into your profits if you’re not careful. In this post, we’ll show you how to avoid Shopify transaction fees so you can keep more of the money you make from each sale.
There are a few different ways to avoid Shopify transaction fees:
1. Use a third-party payment processor like PayPal or Stripe.
2. Use Shopify’s built-in payment gateway and pay the transaction fees.
3. Use Shopify’s POS system to process payments offline.
4. Use a Shopify alternative that doesn’t charge transaction fees.
No matter which method you choose, make sure you do your research and pick the one that makes the most sense for your business.
Conclusion
Shopify is a great platform for businesses of all sizes, but it’s important to know how much it will cost you per transaction. The good news is that Shopify is very transparent about its pricing, and there are a number of different plans to choose from depending on your needs. Whether you’re just starting out or you’re ready to scale up, Shopify has a plan that will fit your budget.
