Shopify Transaction Fees

Shopify Transaction Fees Multiorders

Transaction fees are small amounts that a business has to pay to the service provider for every payment made. However, any user using Shopify Payments doesn’t have to pay any Shopify transaction fees. In addition to this,  Shopify Payments is available to all users regardless of their plan. It also comes with additional features such as instant approval, chargeback recovery, full integration etc.

 

Shopify transaction fees

Shopify Payments

 

Shopify Payments is currently available only in a few countries. Such as US, UK, Canada, Australia, Ireland, New Zealand and Singapore. As mentioned before, if you’re using Shopify Payments, no Shopify transaction fees are applied for any manual payments you receive. Manual payments can be COD(Cash on Delivery), checks, bank deposits. For credit card payments, Shopify transaction fees change based on your plan. The table below shows the difference in Shopify transaction fees for different plans.

 

Shopify plan Basic Shopify Shopify Advanced Shopify
Online credit card rates 2.9%+30¢ 2.6%+30¢ 2.4%+30¢
In-person credit card fees 2.7%+0¢ 2.5%+0¢ 2.4%+0¢

 

As you can see, the more advanced plan you select, the lower your Shopify transaction fees are. For users who don’t have access or have opted not to use Shopify Payments, you need to pay the additional transaction fees. These Shopify transaction fees vary based on your Shopify plan as well.

 

Shopify plan Basic Shopify Shopify Advanced Shopify
Additional transaction fee for non-Shopify Payment users 2.0% 1.0% 0.5%

 

 

More details about your Shopify transaction fees

To check the transaction fee for every order, you can go to Settings from the Shopify admin page. Under Settings select Billing. You will have access to all invoices you have created. Then, select the invoice you wish to check out. If that invoice had transaction fees, there is a column named Details which will link you to a panel. Finally, that panel has details of the Shopify transaction fees for the various orders in that invoice.

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