I have a small variance between sales amount and deposit amount - why?

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I have a small variance between sales amount and deposit amount - why?

HumanistRic
Visitor
1 0 0

The sales amount is different than the deposit amount.  

 

Sales = $71.96

Deposit = $69.48

Variance = $2.38 

 

The same will apply for March. 

 

Sales = $198.92

Deposit = $191.96

Variance = $6.96

 

Is Hopify taking some kind of servcie charge I don't know about?

Accepted Solution (1)

Greta
Shopify Staff
1242 132 164

This is an accepted solution.

Hi, @HumanistRic!

 

Thank you for your post, I'm happy to share some more information. 

 

Shopify charges you a small fee to allow you to accept major credit cards, such as Visa and Mastercard, as payment in your store. You don't pay any fees to the credit card payment provider itself. Credit card rates vary depending on the plan that you choose, and you can find your rate on our pricing page by clicking Compare plan features. Check out this help document for more information on credit card fees. 

 

Please let me know if you have any other questions!

Greta | 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

View solution in original post

Reply 1 (1)

Greta
Shopify Staff
1242 132 164

This is an accepted solution.

Hi, @HumanistRic!

 

Thank you for your post, I'm happy to share some more information. 

 

Shopify charges you a small fee to allow you to accept major credit cards, such as Visa and Mastercard, as payment in your store. You don't pay any fees to the credit card payment provider itself. Credit card rates vary depending on the plan that you choose, and you can find your rate on our pricing page by clicking Compare plan features. Check out this help document for more information on credit card fees. 

 

Please let me know if you have any other questions!

Greta | 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