Transaction fees

Highlighted
New Member
1 0 0

hi

I wonder about the Shopify Transaction fee.

I'm building my Shopify store and I will use the plan (Advanced Shopify $299/Month) and I will not use the shopify payment gateway as it'snot supported in middle east, So I will use a third party payment gateway.

I can see in the pricing page that the additional fees is 0.5% for each payment through the platform so I just need to be sure from the next equation, If I'm selling a product with $10 and shipping is $1 so total payment will be $11 so Shopify will get a transaction fee around $0.055 for this transaction ?!

0 Likes
Highlighted
Shopify Staff
Shopify Staff
375 31 60

Hi, @AmrElkhouly.

Sophia here from Shopify. Welcome to the Shopify Community!

This is the formula Shopify uses to calculate transaction fees for a 30-day period:

[(cost of products - discounts) + tax + shipping charges] x rate


Using your example of a $10 product with $1 shipping, you're correct that the fees would be $0.055 using a third-party payment gateway on the Shopify Advanced plan. The calculation would look like this (if no discounts or taxes apply):

[10 + 1] x 0.005 = 0.055

Sophia | Social Care @ Shopify
 - Was my reply helpful? Click Like to let me know! 
 - Was your question answered? Mark it as an Accepted Solution
 - To learn more visit the Shopify Help Center or the Shopify Blog

0 Likes