Shopify Payments

Can you recommend which payment processor offers the lowest transaction fees for my business in UK?

@tracy_xoxo

Stripe (1.5% + 20p) for online UK biz, Tyl (1.39% + 5p) for small retail.

Could you please clarify whether we need to pay both the Shopify Payments fee and the third-party processor fee? For example, Stripe charges 1.5% + 20p for online UK businesses, and Tyl charges 1.39% + 5p for small retail – would these apply in addition to Shopify’s transaction fees, or how does it work exactly?

If you use “Easy⇢Pie Shopify Stripe Checkout”, you do not pay any additional commission, Stripe deducts its fees from the payments. This solution also supports most payment methods supported by your Stripe account.

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