Currently, my Shopify store utilizes Stripe as my payment processor and Recharge as my subscription processor. Both charge a percent of revenue and a fee per transaction.
I would love to either consolidate everything within Shopify (payments and subscription api) or within Stripe (which I believe recently introduced its own subscription management tool).
Does anyone have any advice on the best course of action to get rid of one of these (most likely Recharge), so I can avoid the large ongoing fee associated with it?
You did mention that you are using Stripe; is Shopify Payments not available in your region? If it is available, then I definitely recommend using Shopify Payments if you are eligible. With Shopify Payments, you won’t be responsible for any transaction fees, and you’ll be able to track your payouts directly through Shopify. Best of all, you should be able to use Shopify’s checkout with Recharge.
For more information on how Recharge integrates with Shopify’s checkout, I recommend checking out Recharge’s FAQ here. They also have a Shopify checkout integration guide here. If you have any questions about setting this up, then you’ll just need to contact Recharge directly; when it comes to getting help with third-party apps, the developers are the best to assist.
If you have a Stripe account that solution works regardless your store’s location-country, supports also subscriptions, and supports many payment methods supported by your Stripe account >> https://lnkd.in/diJN5YcB
With this solution, there are no additional Shopify or hidden fees/commissions charged for each payment you receive, only Stripe deducts its own fee.