Do you know about Shopify transaction fee? If not, then it’s very important to know that for Shopify Payments, the transaction fees don’t apply. Transaction fees don’t apply for manual payment methods (cash on delivery (COD), bank deposits, checks, test orders, and draft orders marked as paid or pending). Transaction fees don’t apply for POS orders.
If you don’t use Shopify Payments or a manual payment method, then transaction fees apply for orders in addition to the processing fee charged by your payment provider.
Shopify uses this formula to calculate transaction fees for a 30-day period:
[(cost of products – discounts) + tax + shipping charges] x rate
Transaction fees as per the plans: Basic Shopify: 2.0%, Shopify: 1.0%, and Advanced Shopify: 0.5%.
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Since 2011, Nucleosys tech has employed some of the best Shopify designers to give our clients a seamless and integrated flow for a great UX experience. Our web designers communicate with you regarding your business needs and want in order to provide your Shopify theme with a beautiful customized design
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Visit wwww.nucleosystech.com