-Transaction fees: A fee of 2.9% + $0.30 is charged for each transaction processed through WooCommerce Payments.
-Currency conversion fees: If you process transactions in a currency other than your shop’s base currency, a currency conversion fee will be charged. The current fee is 2%.
-ACH/bank transfer fees: If you choose to withdraw your funds via ACH/bank transfer, a $0.25 fee will be charged per withdrawal.
WooCommerce Payments is a payment gateway for WooCommerce. It allows you to accept credit card payments on your website.
WooCommerce Payments is available for free with your WooCommerce account. There are no setup fees or monthly fees. You only pay when you make a sale.
When you make a sale, you will be charged a transaction fee of 2.9% + $0.30 per transaction. For example, if you sell an item for $100, you will be charged $3.20 in fees ($2.90 + $0.30). There are no other fees associated with WooCommerce Payments.
WooCommerce Payments is a great choice for small businesses who are just starting out with online payments. The low transaction fees make it affordable to accept credit card payments, and there are no setup or monthly fees. You can get started with WooCommerce Payments today by signing up for a WooCommerce account.