SMB payments processor

Shopify Payments

Cheapest published
1.5% + 25p online (UK Advanced)
Rate position
Shopify Payments sits in the middle third
0.15% (Helcim)3.5% (2Checkout / Verifone)1.5%
Across 14 published-rate vendors in this comparison.
Shopify Payments headline answer

Shopify Payments's cheapest published rate is 1.5% + 25p online (UK Advanced). Pricing model: flat-rate. Monthly fee: $0. Dispute fee: $15 (refundable on win). Cross-border: Per plan. FX: 1.5% currency conversion (US).

Tier table (vendor-published)

TierRateNotes
Basic online (UK)2.0% + 25p-
Grow online (UK)1.7% + 25p-
Advanced online (UK)1.5% + 25p-
Third-party surcharge0.6% to 2%-

Source: https://www.shopify.com/payments (verified 2026-06-19).

What Shopify Payments is best for

Hidden costs and gotchas

Rates step down by Shopify plan. US rates similar structure (2.9%/2.6%/2.4% online on Basic/Grow/Advanced). Third-party gateways incur a 0.6%-2% surcharge.

FAQ

Why bother with Shopify Payments?

Because using anything else costs you 0.6%-2% extra on every transaction. That surcharge alone usually beats the savings from switching gateways.

What is the UK Advanced rate?

1.5% + 25p online, the cheapest published card-present rate in this comparison apart from interchange-plus pricing.

See the full vendor index, run the cross-vendor cost calculator, or read how we verify every rate.

verified Last verified June 2026