Shopify is one of the most popular ecommerce platforms on the market. And for good reason.
It’s easy to use, has a ton of features, and is extremely scalable.
One of the things that makes Shopify so great is that it offers a wide range of features, including credit card processing. This means that you can accept credit card payments on your Shopify store without having to set up a separate merchant account.
Shopify’s credit card processing fees are very reasonable, especially when you consider all of the features and benefits that come with using Shopify. Here’s a breakdown of Shopify’s credit card processing fees:
- 2.9% + $0.30 per transaction
This is the standard rate for all Shopify plans. If you have a Basic Shopify plan, this is the rate you will pay for all credit card transactions.
- 2.6% + $0.30 per transaction
This is the reduced rate that is available for Shopify plans that are paid annually in advance, or if you have a Shopify Plus plan. This reduced rate applies to all major credit cards, including Visa, Mastercard, American Express, and Discover.
To get the reduced rate, you need to:
- Be on a paid Shopify plan (Shopify or Shopify Plus).
- Pay for your Shopify plan in advance (annual or bi-annual).
- Use Shopify Payments as your credit card processor.
PRO TIP: If you are considering using Shopify for your online credit card processing, be aware that they charge a 2.9% + $0.30 per transaction fee. This can add up to a significant amount of money, so be sure to factor it into your budgeting.
If you use a different payment gateway, then you will pay an additional “gateway fee” on top of the standard transaction fee. For example, if you use PayPal as your payment gateway, then you will pay an additional 2% + $0.30 per transaction.
The good news is that there are no hidden fees or monthly costs with Shopify.
Overall, we believe that Shopify offers very competitive pricing when it comes to credit card processing fees.
How Much Does Shopify Charge for Credit Card Processing?
Overall, we believe that Shopify offers very competitive pricing when it comes to credit card processing fees.
10 Related Question Answers Found
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