We are currently using Shopify basic package for our online store credit card transactions and a separate third-party POS system for in-store credit card sales. We signed a 3yr third party rental contract providing the POS equipment and then recently received POS equipment from Shopify to use in-store. While we are locked into a 3yr contract for the POS equipment, we want to use Shopify for both online and in-store POS sales but are contracturally committed to paying for rented third-party POS equipment. Is it possible to add Shopify for our in-store credit card transactions using third-party equipment? Also, our in-store third party statement (not Shopify) includes a LONG list of assessment fees, tier fees, network access fees, etc that sums up to a hefty amount. Will those fees be assessed in addition Shopify’s Basic card rates listed below or is that part of the 2% 3rd-party payment provider fees? Lastly, can you give a breakdown example to help us compare against our in-store third party provider?
Card Rates for Basic Plan:
- 2.9% + 30¢ USD online
- 2.6% + 10¢ USD in person
- 2% 3rd-party payment providers