Shopify plan calculator is the most comprehensive calculator tool as of now to calculate the Shopify fees and costs for all plans. Indeed, selecting a Shopify plan requires meticulous consideration of the cost and fees involved in each plan. You, therefore, need to go through an arduous process of comparing features against prices.
- Choose a Plan and Calculate the Fees and Charges
Let’s see first how you need to choose a plan and pay for it.
- First of all, you need to choose a Shopify plan among several choices.
- Secondly, you should choose a plan with your preferred features that more or less remain within your desired price bracket.
- Lastly, choose a payment gateway.
- Now, make the payment of fees for your desired plan.
The process of selecting a Shopify plan is easy. Let us mention the steps to use this Shopify plan calculator.
- Add the particular Shopify plan fee
- Now, add the transaction fees of the respective plan. (Transaction fee is charged as a percentage of sales)
- Now add the estimated fee for the payment gateway
Thanks to this new calculator, calculating the monthly costs for a particular Shopify plan has become much easier. You can use the comparison table, which showcases different plan attributes and fees, to select a suitable plan.
Thereafter, compare the various payment gateways matching your store price point. Now, add all these fees as mentioned above, and you will have the monthly cost for each plan along with your selected payment gateway.
- Calculating Transaction Fees Charged by Payment Gateway
Regarding the cost incurred through the payment gateway, remember that the calculator cannot automatically include the transaction fees for PayPal or WorldPay charges. This is because transaction fees vary across locations and depend on the sales volume.
The transaction fees of an external payment gateway range mostly from 1% to 4% and you need to make an estimate based on your location and the expected sales volume.
To make things easier for you, Shopify offers an extensive list of supported payment gateways in every country. Crucially, this is one of the key variables that can affect the cost Shopify plans incur and influence the chosen payment gateways.
There is a big opportunity for doing without the transaction fees if you prefer to use your own payment gateway on the Shopify platform. Referred to as Shopify Payments, this gateway helps you remove the entire transaction fee associated with the transactions.
In contrast, you need to pay the transaction fees for each third-party payment gateway as applicable. You can save around 0.25% and 2% of the transaction fee based on your chosen Shopify plan.
Some external gateways can still help you save on transaction fees and keep the fees to a minimum if you opt for top Shopify plans such as Shopify Plus or Shopify Advanced.
In the case of these advanced or higher plans, you can get the benefits of 3D secure technology through an advanced payment gateway like Opayo.
How can you feel at ease with our calculator tool for calculating the Shopify fee?
We developed this Shopify Fee calculator tool after much research to make things easier for Shopify users. Specifically, it precisely addresses all fee calculation needs to help you compare fees instantly.
Shopify offers a whole range of plans with various price points and different feature packs. Our calculator app, therefore, helps you easily compare the cost of each plan.
For a new venture, the multiplicity of Shopify plans can be confusing. Thus, you need to choose a plan that perfectly addresses your budget without losing sight of the features you need.
This is where our Shopify fee calculator tool excels and makes things easier for every user.
Conclusion
To make a long story short, the Shopify fee calculator tool can help the decision-making process when you need to select a plan after a rigorous comparison of the fees and costs involved. If you don’t want to regret your decision of going for a Shopify plan that costs you unnecessarily higher monthly costs, use this calculator tool.
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