If you’re like most people, you probably have a lot of questions about Shopify. After all, it’s one of the most popular ecommerce platforms out there. And one of the most common questions we get is: how much does Shopify charge per sale? The answer, unfortunately, is not as simple as we would like it to be. Shopify doesn’t have a set fee per sale; instead, they have a tiered pricing structure that depends on the features and services you use. In this blog post, we’ll break down everything you need to know about Shopify’s pricing, so you can make an informed decision about whether or not it’s the right platform for your business.
Shopify Pricing Plans
Shopify offers three different pricing plans: Basic Shopify, Shopify, and Advanced Shopify.
Basic Shopify: $29 per month
Shopify: $79 per month
Advanced Shopify: $299 per month
Shopify also offers a percentage-based transaction fee on all plans except for the Advanced Shopify plan. The transaction fees are as follows:
2.9% + $0.30 for Basic Shopify
2.6% + $0.30 for Shopify
No transaction fees for Advanced Shopify
Shopify Fees
Shopify fees are fairly straightforward. There is a monthly fee, and then a per-transaction fee. The monthly fee depends on the plan you choose – the Basic Shopify plan starts at $29/month, while the Advanced Shopify plan starts at $299/month. The per-transaction fee is 2.9% + $0.30 for all plans.
If you’re just starting out, the Basic Shopify plan may be a good option for you. It’s affordable, and the transaction fees are lower than with some other ecommerce platforms. As your business grows, you can upgrade to a more expensive plan if necessary.
Keep in mind that Shopify also has some additional features that come with a separate price tag. For example, if you want to use Shopify’s point-of-sale system, you’ll need to pay an additional 2% per transaction. And if you want to use Shopify Payments (which allows you to accept credit and debit cards without using a third-party processor), there’s an additional 1% fee per transaction.
Payment Processing Fees
One of the main questions we get asked here at Shopify is “How much does Shopify charge per sale?” The answer to this question is not as straightforward as it appears.
While Shopify doesn’t charge a flat fee per sale, there are three types of fees that are charged: payment processing fees, transaction fees, and monthly fees.
Payment Processing Fees:
These are the fees charged by Shopify’s credit card processors. The rates vary depending on which country your business is based in and which processor you’re using. For US-based businesses, the rate is 2.9% + $0.30 per transaction.
Transaction Fees:
In addition to the payment processing fee, Shopify also charges a transaction fee on all sales. This fee is 0.5% for all plans except for the Basic plan, which has a 1% transaction fee.
Monthly Fees:
Finally, there are also monthly fees associated with having a Shopify account. These start at $29 per month for the Basic plan and go up to $299 per month for the Advanced plan.
Shopify Transaction Fees
In addition to the Shopify plan fees, there are other potential charges that may apply to your account. These include:
-Transaction fees: If you use a third-party payment processor (such as PayPal or Stripe), you will be charged a transaction fee for each sale. These fees vary depending on the processor, but are generally around 2.9% + $0.30 per sale.
-Shipping costs: If you sell physical goods, you will need to factor in the cost of shipping when calculating your total costs. Shipping costs can vary widely depending on the weight and size of your products, as well as your shipping destination.
– Taxes: Depending on where you are located and where your customers are located, you may be required to collect and remit taxes on your sales. Shopify can help calculate and collect these taxes for you automatically, but you will still be responsible for any taxes owed.
How to Avoid Shopify Charges
If you are using Shopify to sell products online, you may be wondering how much it will cost you in fees. Fortunately, Shopify has a very simple fee structure: it charges 2.9% + $0.30 per transaction. There are no other monthly or hidden fees.
However, there are a few things that can increase the amount you pay in fees, so it’s important to be aware of them. First, if you use a third-party payment processor (such as PayPal or Stripe), you will be charged an additional fee of 2% per transaction. Second, if you use Shopify’s own payment processing system, you will be charged an additional 1% per transaction. Finally, if your sales exceed $80,000 in a month, you will be charged an extra 1% on all transactions over that amount.
Fortunately, there are a few easy ways to avoid these charges. First, you can use a merchant account with your bank instead of using Shopify’s payment processing system. This will save you the 1% fee per transaction. Second, you can use a third-party payment processor such as PayPal or Stripe instead of Shopify’s system; this will save you the 2% fee per transaction. Finally, if your sales exceed $80,000 in a month, you can negotiate with Shopify to have the 1% fee waived; many merchants have been successful in doing this.
Conclusion
Shopify is a great platform for businesses of all sizes, but it’s important to know how much it costs before you get started. The good news is that Shopify is very transparent about its pricing, and there are no hidden fees or charges. So, whether you’re just getting started with your online store or you’re ready to take your business to the next level, be sure to check out Shopify’s pricing plans to find the one that’s right for you.
