What are the Shopify payment fees?
This article is a thorough explanation of Shopify Payment's payment fees!
Hello! I'm Kanahina.☆
Today, I'll be explaining Shopify Payments fees!😊
I work for a web production company, and I often get questions about this fee, so I decided to write this article about it!
Let's take a look at the specific fees!
The following are the commissions for each of the four plans.
For Shopify Plus, the fees seem to be an inquiry, but we have listed the fees that match the information online, so please use them as a guide.
| Plan Type | Basic ($33/month, $25/month with annual payment) | Standard ($92/month, $69/month if paid annually) | Premium ($399/month, $299/month with annual payment) | Shopify Plus ($2,000/month, $25/month with annual payment) |
|---|---|---|---|---|
| Visa and Master Card fees | 3.4% | 3.3% | 3.25% | 3.15% |
| Amex fee | 3.9% | 3.85% | 3.8% | 3.75% |
| JCB Fees | 4.15% | 4.1% | 4.05% | 3.75% |
| External Service Transaction Fees (if not using Shopify Payments) | 2.0% | 1.0% | 0.5% | 0.15% |
Bottom line, which one should I choose?
If you are setting up Shopify for the first time, you can basically start with "Basic" and be fine.
The VISA/Master 3.4% fee is quite low compared to other companies, and since Shopify is able to keep the monthly fee low compared to other services in Japan, most customers start with Basic and see how it goes.
As for the plan and estimated sales, Kanahina thinks the following is about right.
Basic: monthly sales of 7 million yen or less
Standard: monthly sales of 7 million yen to 70 million yen or less
Premium: Monthly sales of 70-100 million yen or less
Shopify Plus: Monthly sales of 100 million yen or more
In addition to the comparison of credit card transaction fees, if monthly sales exceed 100 million yen, "Shopify Plus" becomes an option when external service transaction fees are taken into consideration.
External service transaction fees refer to Amazon Pay, convenience store payments, carrier payments, etc.
However, most small and medium-sized facilities that start a new in-house e-commerce site often do not reach 1 million yen in monthly sales, so starting with "Basic" is fine.
Server specs and security are very high even with Basic, so that is one thing Shopify is very good at.
How was it?
Shopify will transfer the amount of money to your bank account after the payment fee is deducted.
This article was written to answer some of the most frequently asked questions about Shopify Payments.
We hope this is helpful!😊
