Does Shopify Payments Take A Fee

Shopify Payments is the built-in payment gateway offered by Shopify for online businesses to process transactions on their stores.

If you’re a business owner using Shopify Payments, one of the important things you need to know is the fees associated with it.

In this article, we’ll explore the fees charged by Shopify Payments and what you need to consider when using this payment gateway.

Transaction Fees

Shopify Payments charges transaction fees for each transaction processed through the payment gateway. The transaction fees vary depending on the pricing plan you’re on, but they typically range from 2.4% to 2.9% + 30 cents per transaction. The fees are automatically deducted from the payment amount before it’s deposited into your bank account.

Here are the transaction fees charged by Shopify Payments for each pricing plan:

  • Basic Shopify: 2.9% + 30 cents per transaction
  • Shopify: 2.6% + 30 cents per transaction
  • Advanced Shopify: 2.4% + 30 cents per transaction

It’s worth noting that if you use a third-party payment gateway instead of Shopify Payments, you’ll also be charged a transaction fee by the payment gateway provider. The transaction fee varies depending on the provider, so it’s important to check their pricing before deciding on a payment gateway.

Chargeback Fees

Chargebacks are a common occurrence in e-commerce, and Shopify Payments has a fee in place for chargebacks as well. A chargeback occurs when a customer disputes a transaction and requests a refund from their bank or credit card company.

If the dispute is successful, the payment amount is refunded to the customer and the merchant is charged a chargeback fee.

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The chargeback fee charged by Shopify Payments is $15 per chargeback. It’s important to note that chargebacks can affect your store’s reputation and can lead to increased fees and even account suspension, so it’s important to take steps to prevent chargebacks from happening.

Currency Conversion Fees

If you’re selling products to customers in a different country, you may need to convert the payment into your local currency. Shopify Payments has a currency conversion fee of 1% for transactions that involve currency conversion.


In conclusion, Shopify Payments does charge transaction fees, chargeback fees, and currency conversion fees for processing payments on your online store.

The transaction fees vary depending on your pricing plan, and chargebacks and currency conversions also incur fees.

It’s important to consider these fees when choosing a payment gateway for your store and to take steps to prevent chargebacks and disputes from happening.

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