As eWay is an Alternative Payment Method, Shopify charges you 1% 1% of $100 AUD is $1 AUD Total fee for this sale is $2.20 AUD. 1.2% of $100 AUD is $1.20 AUD which is charged by eWay. Your customer buys a $100 AUD product & pays for it via your eWay payment methodĮWay fees vary, in this example I’m going to us a hypothetical rate of 1.2% per transaction. This feature not only removes a third party like a bank from the payments process but will also save you a lot of time and money on transaction fees. You sign up for eWay as an Alternative Payment Method. If you end up using a third-party payment gateway, such as or PayPal, Shopify will charge you a transaction fee instead of a credit card rate. As you have Shopify Payments turned on, there are no additional PayPal fees. Your customer buys a $100 AUD product & uses PayPal, but instead of logging into their PayPal account, they enter their AMEX card into PayPal directly.Ģ.8% of $100 AUD is $2.80 AUD 30c USD at current exchange rate is 42c AUD Therefore, your fee for this sale is $3.22 AUD. With a typical rate being 2.6 + 30c per transaction. Payment Gateway Fees which usually range from 1-4. With Shopify Payments, you can accept payments from your customers using: Visa. Shopify transaction fees which range from 0-2 depending on your plan and gateway. As you have Shopify Payments turned on, there are no additional PayPal fees. Shopify stores typically incur the following fees/costs: Shopify Plan fees which start from 5/month. Using Shopify Payments and Paypal Express. Your customer buys a $100 AUD product & uses PayPal.ġ.6% of $100 AUD is $1.60 AUD 30c USD at current exchange rate is 42c AUD Therefore, your fee for this sale is $2.02 AUD. If you have any questions please feel free to thread those below.Your customer buys a $100 AUD product & enters their Visa card directly.ġ.6% of $100 AUD is $1.60 AUD 30c USD at current exchange rate is 42c AUD Therefore, your fee for this sale is $2.02 AUD. The chart below compares some of the more popular gateway alternatives, but. But if you only offer PayPal, you would be charged the transaction fee. For example, if you offer Shopify Payments and PayPal, Shopify wouldn’t charge you a transaction fee. ![]() Don't forget that you can eliminate your transaction fees with us by using Shopify Payments as a gateway. Advanced Shopify 0.5 This fee only applies if you completely disable Shopify Payments. ![]() The better you manage your business, the less likely it is you'll encounter difficult situations with your payment gateways. If you find yourself with PayPal holding your funds you have some steps they recommend to follow here. Tip: A normal process in owning a business is your partners (including the services you incorporate into your business) managing their risk, however, new entrepreneurs have difficulty navigating their way around these situations. One of our wonderful Shopify partners has suggested implementing the fee into product prices. There has been quite a bit of discussion on this topic in previous threads. When someone purchased 10 e-gift voucher and paid thru PayPal, it said on PayPal site that the fee was 0.84.
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