JavaScript is required to view this page.
This site has limited support for your browser. We recommend switching to Edge, Chrome, Safari, or Firefox.

Breaking Down Shopify's 2024 Transaction Fees: What You Need to Know

Thinking of starting a Shopify store? Don't forget about the fees! Beyond the monthly subscription, you'll encounter credit card processing costs and potentially additional transaction fees depending on your payment setup.

Understanding Shopify Fees and Charges

When using Shopify, you'll encounter various fees on top of your monthly subscription. These include credit card processing fees and potentially extra transaction fees if you’re not using Shopify Payments, Shopify’s integrated payment processor.

While Shopify doesn't take a direct cut of your profits like some marketplaces, it does charge fees that depend on your chosen plan and payment gateway.

Shopify’s Fees Explained

To understand what Shopify charges per sale, you need to know about their fees. Shopify’s monthly subscription fees range from $29 to $299 (paid annually), allowing you access to the platform and its features. However, each sale incurs payment processing fees, which vary based on transaction type (online or in-store) and your Shopify plan.

All payment processing solutions, including Shopify’s, charge fees on credit card transactions to cover the cost of connecting to banks and credit card companies. Fortunately, Shopify’s fees are competitive and decrease as you upgrade your plan.

Additional Fees to Consider:

  • Transaction fees (if not using Shopify Payments): 0.15% to 2%
  • Domain registration fees
  • Fees for apps and integrations
  • Specialist Shopify Services fees
  • Shipping fees
  • Point of sale (POS) software fees
  • Conversion fees for international sales

Breakdown of Shopify Fees Per Plan

1. Shopify Basic Plan ($29-$39 per month)

  • Online transactions: 2.9% + 30 cents per sale
  • In-store transactions: 2.7% per sale
  • Third-party gateway fee: 2%

2. Shopify Plan ($79-$105 per month)

  • Online transactions: 2.6% + 30 cents per sale
  • In-store transactions: 2.5% per sale
  • Third-party gateway fee: 1%

3. Shopify Advanced Plan ($229-$399 per month)

  • Online transactions: 2.4% + 30 cents per sale
  • In-store transactions: 2.4% per sale
  • Third-party gateway fee: 0.5%

Frequently Asked Questions (FAQs)

  • 1. How much does Shopify take per sale on the Basic plan?
    Shopify charges 2.9% + 30 cents for each online transaction through Shopify Payments, or 2.7% for in-store transactions. Using a third-party payment processor incurs a 2% fee on top of your vendor’s fees.
  • 2. How much does Shopify take per sale on the Shopify plan?
    On the Shopify plan, the fee is 2.6% + 30 cents per online sale through Shopify Payments, or 2.5% for in-store transactions. A 1% fee applies for third-party gateways.
  • 3. How much does Shopify take per sale on the Advanced plan?
    For the Advanced plan, fees are 2.4% + 30 cents for online transactions and 2.4% for in-store transactions via Shopify Payments. A 0.5% fee is added for third-party payment gateways.
  • 4. How much does Shopify take per sale on the Plus plan?
    Fees for Shopify Plus vary, but in the US, online transactions incur a 2.15% + 30 cents fee. In-store fees can be as low as 1.6% plus a fixed rate. The fee for external gateways drops to 0.15%.
  • 5. Are there hidden fees with Shopify?
    While Shopify doesn’t have hidden fees, there are additional costs like payment processing, transaction fees (for third-party gateways), domain registration, and shipping fees, as well as fees for any apps or integrations used.
  • 6. How can I avoid transaction fees on Shopify?
    You can avoid transaction fees by using Shopify Payments as your primary payment gateway, though credit card processing fees still apply.
  • 7. What are the fees for international sales on Shopify?
    Shopify charges conversion fees on international sales, typically 1.5% in the US and 2% in other regions that support Shopify Payments.
  • 8. What additional costs should I consider when using Shopify?
    Beyond basic fees, consider costs for domain registration, specialized Shopify services, POS software, and any additional apps or integrations you use.

These are some of the most frequently asked questions about Shopify, but there are many more details to consider when evaluating the platform for your business. If you have additional questions, please contact us or book a discovery call with us.

Cart

No more products available for purchase