I have been using shopify for my store for about 2 weeks now and i have gotten 2 sales so far. I set paypal as my main payment gateway and from shopify side it says 2% transaction fee, which i initially thought its ok but after my 1st 2 sales i realised that paypal themselves charge me like another 3% which is about 5% in total.
This eats up a lot of my profit! May i know what other payment gateway i can use for international customers which i do not get charged so much?
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Hank here from Shopify.
As you mentioned you are using PayPal, the fees would be determined by them. From what I know, you can apply for a lower fee from them, but I believe this depends on the usage and income of the PayPal account. I do see a fee calculator on their website, which might give you more of an idea.
In terms of other payment gateways, I would not be able to advise, but perhaps the community will be able to share their feedback depending on what country you are based in.
All the best,