For ecommerce stores looking to make the switch from platforms such as Magento or Woocommerce to Shopify, one of the most important things to take into consideration is Shopify's complex transaction fee structure. Additionally, for shops already on Shopify, it is crucial to understand your transaction fees and find ways to reduce these costs.
This guide will walk you through Shopify's transaction fees for both Shopify Payments (Shopify's internal payment processing system) and external payment gateways such as PayPal, Braintree, or Authorize.net. Also see our guide to reducing Shopify Fees in the Profit Guide.
Unlike many other ecommerce platforms, Shopify offers their own payment system to merchants located in the USA, Canada, UK, Ireland and Australia. For folks based in these countries, Shopify Payments offers a convenient solution with little to no approval process, allowing you to start accepting payments immediately. Payment processing fees for Shopify payments vary based on which Shopify plan you are on. Additionally, each eligible country has their own fee structure.
You can see Shopify's payment fees categorized by country in the tables below:
USA:
USA Fixed Fee | USA % | USA In-Person % | External Payment Gateway | |
Advanced Shopify - $299 / month | $0.30 | 2.40% | 2.40% | 0.50% |
Shopify - $79 / month | $0.30 | 2.60% | 2.50% | 1.00% |
Basic Shopify - $29 / month | $0.30 | 2.90% | 2.70% | 2.00% |
Shopify Plus -Negotiable | Negotiable |
Canada:
CA Fixed Fee | CA Domestic Online % | CA Intl*/Amex Online % | CA In-person % | External Payment Gateway | |
Advanced Shopify - $299 / month | $0.30 | 2.40% | 3.30% | 2.40% | 0.50% |
Shopify - $79 / month | $0.30 | 2.70% | 3.40% | 2.60% | 1.00% |
Basic Shopify - $29 / month | $0.30 | 2.90% | 3.50% | 2.70% | 2.00% |
Shopify Plus -Negotiable | Negotiable |
*The Intl fee column is applied when a customer's credit card is located from a country outside of Canada
Australia:
AU Fixed Fee | AU Domestic Online % | AU Intl*/Amex Online % | External Payment Gateway | |
Advanced Shopify - $299 / month | $0.30 | 1.40% | 2.70% | 0.50% |
Shopify - $79 / month | $0.30 | 1.60% | 2.80% | 1.00% |
Basic Shopify - $29 / month | $0.30 | 1.75% | 2.90% | 2.00% |
Shopify Plus -Negotiable | Negotiable |
*The Intl fee column is applied when a customer's credit card is located from a country outside of Australia United Kingdom:
UK Fixed Fee | UK Online % | UK In-Person % | External Payment Gateway | |
Advanced Shopify - $299 / month | £0.20 | 1.60% | 1.60% | 0.50% |
Shopify - $79 / month | £0.20 | 1.90% | 2.20% | 1.00% |
Basic Shopify - $29 / month | £0.20 | 2.20% | 2.70% | 2.00% |
Shopify Plus -Negotiable | Negotiable |
Ireland:
Ireland Online Fixed Fee* | Ireland Online %* | Ireland In-Person %* | External Payment Gateway | |
Advanced Shopify - $299 / month | £0.25 | 1.60% | 1.60% | 0.50% |
Shopify - $79 / month | £0.25 | 1.90% | 2.20% | 1.00% |
Basic Shopify - $29 / month | £0.25 | 2.20% | 2.70% | 2.00% |
Shopify Plus -Negotiable | Negotiable |
* Ireland must include 23% VAT
You may have noticed a field in the right column called "External Gateway Shopify Fee". This is an additional fee - charged by Shopify - for using an external payment gateway such as PayPal for a given transaction. For example, if you are on the Basic Shopify plan and PayPal is used for a transaction on your Shopify store, you would be charged PayPal's fee (typically 2.9% + $0.30) + Shopify's Basic plan external gateway fee of 1%, for a total of 3.9% + $0.30 for that transaction.
Keeping track these fees can be very tricky, especially if you use multiple payment gateways. Fortunately, we have built a feature within our Shopify app, Order Metrics, which tracks your transaction fees on a per order basis and supports multi payment gateway usage.
For more details visit www.ordermetrics.io or apps.shopify.com/order-metrics-profit-analytics
Order Metrics is the best way to monitor and improve your ecommerce store's profitability. We offer a 14-day free trial and very reasonable pricing. Start your free trial today on the Shopify app store - apps.shopify.com/order-metrics-profit-analytics