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I think the reason for this is that Shopify is now earning payment gateway fees, instead of transaction fees.
So broadly speaking, at the end of the day, there isn’t a significant difference between using Shopify Payments or other payment gateways.
Shopify Plus – read our review of Shopify’s enterprise-level software to see if it’s right for your business.
, we understand it as we’ve had those before too in our other businesses. We use Pay Pal in another business and what we have to do is log into Pay Pal, click on the dispute resolution dashboard, then go through the process of providing additional proof relevant to the transaction.
” plans, there are small transaction fees ranging from 0.5% to 2% per sale (more on this in our full Shopify review here).
If you decide to use Shopify Payments, these transaction fees will be completely waived, boosting your profit margins (more money in your pocket).