Shopify is a popular ecommerce platform that offers merchants a range of attractive features, including a payment platform. When it comes to transaction fees, Shopify is generally cheaper than PayPal. This article will help you understand the differences between Shopify and PayPal, and why Shopify is the better option for your budget.
Shopify vs PayPal
Shopify and PayPal are both payment platforms that help merchants accept payments from customers. However, there are some key differences between the two:
Transaction Fees: Shopify charges 0.5% to 2% in transaction fees, while PayPal charges 2.9% + $0.30 per transaction. This means that overall, using the Shopify Payment platform is your better option for your budget.
Ease of Use: Shopify is generally easier to use than PayPal, as it is integrated with the Shopify platform, making it easier to manage payments. PayPal, on the other hand, requires more manual setup and integration.
Customer Support: Shopify provides 24/7 customer support, while PayPal’s customer support is limited to certain hours.
Overall, using the Shopify Payment platform is your better option for your budget as it will help you save 0.5% to 2% in transaction fees compared to using PayPal. This makes Shopify the more cost-effective choice for merchants.