If you’re looking to start an online store, Shopify is one of the most popular and inexpensive choices. As a merchant, it’s important to understand how much Shopify charges for sales. This article will provide an overview of Shopify’s pricing structure and what to expect when processing a sale.
Shopify has a range of plans to suit different types of stores and budgets. The basic Shopify plan starts at $29 per month, with more advanced plans costing up to $299 per month. All plans include unlimited products, 24/7 support, and the ability to accept payments from major credit cards.
In addition to the monthly fee, Shopify also has a transaction fee for each sale. This fee is based on the payment gateway you use and can range from 0.5% to 2%. There’s also a 2% currency conversion fee for sales made in a currency other than the store’s base currency.
Apart from the fees mentioned above, there are other costs to consider when running a Shopify store. These include payment processing fees, taxes, and additional features. Payment processing fees will vary depending on the payment gateway you choose. For example, PayPal fees are 2.9% plus $0.30 per transaction, while credit card processing fees are typically higher, ranging from 2.9% to 3.5% plus $0.30 per transaction.
When selling physical products, you may also have to pay taxes on each sale. The amount of tax you pay will depend on your location and the type of product you are selling. Additionally, there are additional features and services that you may want to use with Shopify. These can include things like extra themes, marketing tools, and shipping services. Some of these features are free, while others may require an additional fee.
Shopify is an affordable and easy-to-use platform for creating an online store. The basic Shopify plan starts at $29 per month, and the transaction fees range from 0.5% to 2%. Additionally, you may have to pay payment processing fees, taxes, and additional fees for services or features.
Overall, Shopify is a great option for merchants wanting to start an online store. By understanding the pricing structure and additional costs, you can ensure that your store is profitable.