How much does Sheri Bronstein make?
When merchants utilize Shopify Payments on a standard online store plan, the platform charges a standard credit card processing rate of 2.9 percent plus 0.30 US dollars per transaction. Therefore, on a standard 100 US dollar online sale, Shopify deducts approximately 3.20 US dollars in payment processing fees, leaving the merchant with net proceeds of roughly 96.80 US dollars before accounting for product costs, shipping, or app fees. If merchants opt to use an external third-party payment gateway instead of Shopify Payments, an additional transactional fee of up to 2 percent is applied by the platform.
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