Shopify Payments rates by card type

If your business is based in the United States, then Shopify Payments charges are determined based on the card type used by your customers.

Card types

There are two main card types that determine the charges for your Shopify Payments:

• Standard: Includes domestic consumer cards issued by Visa, Mastercard, Discover, and Diners Club.
• Premium: Includes domestic commercial, corporate, or business tier cards (such as Visa Business), and all domestic American Express cards.

Consumer cards

Consumer cards are credit cards issued to individuals for personal use and fall into the Standard card type category.

Commercial, corporate, and business cards

Commercial, corporate, and business cards are specifically designed for businesses and organizations. They serve as a convenient payment method for business-related expenses, such as purchasing supplies, inventory, and covering employee expenses. Commercial, corporate, and business cards fall into the Premium card type category.

Additional charges for international cards

When processing international cards and payment methods, Shopify Payments applies an additional charge above the applicable base fee. Learn more about plans and pricing.

In-person payment rates

If you accept payments in person using Shopify POS and Shopify card readers, then different rates apply to these transactions. In-person payment rates typically cost less than online rates because they're considered lower risk due to the physical presence of the payment card.

In-person rates also use the same Standard and Premium card type structure, but the fees differ from online transactions:

• In-person Standard rates: Cover domestic consumer cards processed in person
• In-person Premium rates: Cover domestic commercial, corporate, business, and American Express cards processed in person

To view your specific in-person rates, you can visit the plans and pricing page. Learn more about accepting card payments in person.

You can also check your payment rates in your Shopify admin.

Steps:

1. From your Shopify admin, go to Settings > Payments.

2. In the Shopify Payments section, click Manage.

3. Click Manage payment methods.

4. Click View payment rates.

View payment rates in your Shopify Admin

How you view your payment rates depends on whether your store is part of a Shopify organization.

For stores not in an organization

1. From your Shopify admin, go to Settings > Payments.

2. In the Shopify Payments section, click Manage.

3. Click Manage payment methods.

4. Click View payment rates.

For stores in an organization

1. From your Shopify admin, go to Settings > Payments.

2. In the Payment providers section, click Shopify Payments.

3. In the Accounts section, select the payment entity that you want to view rates for.

4. Click Manage payment methods.

5. Click View payment rates.

Payments finance report

The Payments finance report is a useful tool that displays your store's payment transactions for a selected timeframe. It also provides information on the volume of transactions based on card types. Learn more about the Payments finance report.

View the Payments finance report

Steps:

1. From your Shopify admin, go to Analytics > Reports.

2. Click Categories.

3. Select Finances to filter the reports to include only finances reports.

4. In the Name column, click the Payments report.