SHOPIFY & PAYPAL

March 19, 2019

SHOPIFY & PAYPAL

Shopify offers a few convenient payment methods for you and your business, two of the most popular being Paypal and Shopify Payments.  

Both offer security and convenience for your customers, and Paypal integrates very easily into your Shopify store. In fact, a lot of businesses have decided to incorporate both into their site, as they work very well together.  

However, as with all good things, they are not without cost.

A lot of people find themselves asking then how the fees associated with either item line up? Do they stack on top of each other and compound?

The short answer is ‘no.’  

To give you a more in-depth explanation, we’ll break down some of the fees associated with both Paypal and Shopify Payments.

Paypal Fees

While Paypal has no signup fee and is very easy to integrate as mentioned above, there are some seller fees.  

When selling in the US, you’ll be charged 2.9% of the transaction in addition to a $0.30 flat fee.

When dealing with buyers outside of the US, the transaction fee is increased to 4.4%, and the flat rate is dependant on the currency.

Shopify Payments

When using Shopify Payments, depending on your plan, you’ll get charged a 2.4% to 2.9% as well as a flat $0.30.  

Together?

So Paypal and Shopify Payments both have their own fees associated with them.  

Do those fees stack on top of each other when you decide to use both?

As stated above, the answer is ‘no.’  

You only pay the fees for whatever method the customer uses at checkout, meaning you can still fully incorporate and enjoy both payment options without having to worry about paying extra fees




Also in eCommerce Info

Email Marketing Best Practices: How to Refine Nearly Every Email
Email Marketing Best Practices: How to Refine Nearly Every Email

December 05, 2019

One of the most effective ways for eCommerce store owners to drive their sales is through email marketing.  However, if you are sending uninteresting emails to the wrong people, it is very easy to lose email as a successful and lucrative channel.  By understanding and implementing a few basic practices that have been tested and proven to be successful, you can expect to start seeing greater results from the emails you send.

Continue Reading

7 Easy Ways To Increase Your Ecommerce Conversion Rate
7 Easy Ways To Increase Your Ecommerce Conversion Rate

December 04, 2019

Whether you are a business owner brainstorming your site design for the first time, or a developer assisting in the production, follow these seven tips to increase your eCommerce conversion rate

Continue Reading

5 Ways You Can Reduce Your Customer Churn
5 Ways You Can Reduce Your Customer Churn

December 02, 2019

Customer retention is just as important as gaining new shoppers.  Let's discuss five simple business strategies to reduce your customer churn and increase your bottom line!

Continue Reading