How much does Shopify charge per transaction? | iBusinessFormula

How much does Shopify charge per transaction?

By Rishad Hassan | November 16, 2022

If you’re looking to set up an online shop, you might wonder how much Shopify charges per transaction. This article will give you an overview of Shopify’s pricing plans and fees.

Shopify has four main pricing plans:

  • Basic Shopify,
  • Shopify Pro,
  • Advanced Shopify,
  • and Shopify Plus

The main difference between the plans is the features and support each offers. For example, the Basic Shopify plan includes limited staff accounts and reporting tools, while the Advanced Shopify plan comes with unlimited staff accounts and advanced reporting tools.

NOTE: the charges mentioned below are at the point of writing this article and for USA customers. The pricing does vary based on the country of your store. For example, Australian store owners will pay $1.75% instead of 2.9% for the basic plan. Check the full pricing here.

Basic Shopify: 2.9% + 30¢ per transaction

Shopify’s Basic charges are 2.9% of the transaction amount and 30c per transaction. For example, if a customer transaction is worth $100, you will get into your bank account ($100 – $2.9+$0.30) = $96.80

There is a monthly subscription fee as well. The monthly subscription fee for this plan is US $29 a month.

This is a great option for those just starting with Shopify and needing an affordable solution. With this plan, you’ll be able to process payments and start building your online store.

Remember that you’ll need to upgrade to a higher plan if you get more traffic and sales. But if you’re starting, this is a great option to get your feet wet.

Shopify Basic is best for:

  • Those who are just starting an online business and
  • have a limited amount of traffic or sales.

Shopify Pro: 2.6% + 30¢ per transaction

Shopify Pro charges are 2.6% and 30¢ per transaction. The monthly subscription fee is US $79 per month.

This is a great option for businesses that need a little more help with their online store. Shopify Pro offers all the features of the regular Shopify plan, plus priority support and custom branding. For example, you can change the colour of your theme and upload a custom logo. Shopify Pro is best for those who need to customise their online store to stand out from competitors.

Advanced Shopify: 2.4% + 30¢ per transaction

If you’re looking for a more advanced eCommerce platform, advanced Shopify is a great option. Advanced Shopify charges 2.4% and 30¢ per transaction with US $299 per month. It offers all the features of the basic Shopify plan plus some additional features that can come in handy for larger businesses.

Shopify Plus: Custom pricing

Shopify Plus is a premium version of Shopify that starts at $2,000 per month. It offers custom pricing for high-volume businesses and enterprise-level features.

Shopify Plus is perfect for businesses with high sales volume or need enterprise-level features. Custom pricing means you can tailor your Shopify Plus plan to fit your business’s needs, so you’re only paying for what you need.

Conclusion

Shopify is a great platform for online stores, but it has some associated fees. The good news is that these fees are fairly reasonable and are based on a percentage of the total sale. So, if you’re selling high-priced items, you won’t necessarily be paying more in Shopify fees than someone selling lower-priced items.

Overall, Shopify is a great option for those looking to set up an online store. The fees are reasonable, and the platform is easy to use. Plus, plenty of features and add-ons can help you customise your store exactly how you want it.

Contact Us: If you need help developing your own Shopify store or require technical assistance, feel free to contact us.

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