Shopify POS Rates for Businesses – Which Package Should You Go For?

Shopify is a popular platform that provides everything needed to build, manage, and grow an online business. If you’re considering using Shopify for your business, you might have questions about transaction fees or which Shopify POS rates best suit your needs. This article will help answer those questions and guide you in making an informed decision!

Highlights

• Shopify offers a tiered pricing structure with transaction fees for third-party payment processors ranging from 2% for the Basic plan to 0.5% for the Advanced plan, which can be waived by using Shopify Payments.
• Business owners should account for extra expenses such as custom domain fees (starting at $14/year for .com), paid themes, and add-ons that enhance store functionality but may require subscriptions or one-time payments.

Shopify POS Rates: What features are included in each plan?

Shopify offers various pricing tiers tailored to businesses of different sizes and needs. Since its IPO in 2015, the platform has experienced phenomenal growth, surpassing $5.6 billion in revenue by 2022. This success reflects its seamless blend of subscription services and merchant-focused solutions.

Let’s break down what each plan of Shopify POS rates provides:

The Shopify Starter plan

Price: $5/month

The Shopify Starter plan is an entry-level option designed for merchants who are beginning their journey in selling products or services through social media or messaging platforms. It offers standard Shopify features, including the ability to generate product links that can be shared through social posts or direct messages.

Merchants can enable checkout and start selling by removing the storefront password or opting for a paid subscription. 

The plan includes the ability to add a Buy Button to websites like blogs or podcasts. This is a key component of this plan, though it is most suitable for newcomers due to its limited scope. One notable restriction is the absence of Shopify POS. A 14-day trial period is available, providing an opportunity to explore all the features that may be relevant to your business needs before committing.

The Basic Shopify plan

Price: $29/month

The Basic Shopify plan is ideal for businesses ready to establish a more serious eCommerce presence. It provides essential tools for running an online store, such as full access to the admin dashboard for managing products, orders, and customer data, along with two staff accounts.

This plan offers competitive transaction rates and includes a blogging feature, making it suitable for businesses looking to strengthen their online presence while maintaining offline or stable operations.

The Shopify plan

Price: $79/month

The Shopify plan caters to businesses on a growth path that require more advanced features. It includes everything available in the Basic Shopify plan but offers additional benefits like lower transaction fees, improved credit card rates, and access to detailed reports on customer behavior and site performance.

With five staff accounts and enhanced international commerce support, this plan is ideal for merchants looking to refine their strategies and expand into global markets.

The Advanced Shopify plan

Price: $299/month

The Advanced Shopify plan is tailored for businesses focused on growth and in-depth analytics. It provides the lowest credit card rates and transaction costs among the three most popular Shopify plans, making it an attractive option for larger-scale operations.

This plan supports unlimited product listings, media uploads, and blog posts, enabling businesses to attract as much web traffic as needed. For those working with shipping partners, this plan also includes partial shipping cost support, helping merchants provide competitive options to their customers.

It includes everything from the Basic Shopify and Shopify plans, along with additional benefits such as 15 staff accounts, carrier-calculated shipping, detailed custom reports, and enhanced international commerce capabilities, making it a robust choice for businesses ready to scale.

Shopify Plus

Price: From $2000/month

Shopify Plus is designed for enterprises aiming to create highly customized marketing automation systems and tailored user interface designs. It is best suited for large-scale corporations operating across continents, such as Rothy’s, Heinz, Allbirds, DodoCase, and the Los Angeles Lakers.

This plan represents a significant jump in cost compared to the Advanced Shopify plan. It provides a unique set of benefits and capabilities, including security enhancements, automation tools, multi-currency sales, APIs, and advanced fulfillment options.

One standout aspect of Shopify Plus is its automated multi-currency functionality. By detecting a user’s location through their IP address, it ensures that product prices are displayed in the correct local currency, offering a tailored shopping experience for international customers.

Shopify Cost: Detailed breakdown of other costs besides licensing

There are several other expenses that can accumulate depending on the features and services you choose to enhance your store’s functionality. Here’s a breakdown of the additional costs you might encounter while using Shopify:

• Domain Name

You’ll also need a domain name when choosing a Shopify plan and considering Shopify POS rates for your online store. Shopify provides a free default domain (myshopify.com) with every plan, but for better brand recognition and SEO, it’s highly recommended to have a custom domain. If you already own a domain, you can easily connect it to Shopify and manage everything from the Shopify admin panel.

Shopify allows you to purchase a domain if you’re starting from scratch:

• .com: $14/year.
• .net, .org, .info: $17/year.
• Country-specific domains (e.g., .us, .ca, .co.uk): Pricing varies.
• Premium domains: These can range from hundreds to thousands of dollars, depending on availability.
• Themes

Choosing a theme for your store is another important consideration. Shopify provides both free and paid themes and the choice depends on your budget and design preferences. Free themes are great for beginners, while paid themes offer more customization and features. The cost of a theme can vary based on its complexity, features, and the number of pages. You can also buy themes from third-party marketplaces like ThemeForest.

• Add-Ons and Integrations

For full functionality, Shopify offers a wide range of add-ons and integrations, both free and paid. These can include tools for sales, marketing, customer support, store design, security, and reporting. Some add-ons are provided by Shopify, while others come from third-party developers. The cost of these add-ons depends on the features and level of support they provide. Some require a subscription, while others are one-time purchases.

• Transaction Fees

Shopify merchants incur transaction fees with third-party payment processors 

• Basic Plan: 2%.
• Shopify Plan: 1%.
• Advanced Plan: 0.5%.

These fees are waived if you use Shopify Payments, Shopify’s in-house system. Shopify’s Q2 2024 Gross Payment Volume (GPV) reached $41.1 billion, reflecting its popularity.

• Shopify POS Rates
  • Lite: Included with all plans, offering in-person credit card rates starting at 1.5%.
  • Pro: Costs an extra $89/month per location and includes advanced features like unlimited employees, detailed in-store reporting, omnichannel selling, and role management for staff.

• Shopify Experts

For tailored store setup or design assistance, Shopify offers access to its marketplace of professionals. Costs depend on the service scope and level of expertise required.

ConnectPOS – The Ideal Alternative for Shopify POS Solutions

ConnectPOS is a reliable cloud-based Shopify POS app widely used by businesses of all sizes, due to its wide range of features and flexible pricing options.

ConnectPOS can be integrated with Shopify stores, as well as other popular platforms such as Magento, commercetools, and BigCommerce. The system synchronizes data across both online and offline store locations in real-time, allowing businesses to closely monitor every transaction and sales update. This synchronization keeps inventory information current and accessible for cashiers, improving the overall shopping experience for customers.

ConnectPOS also supports direct payments to third-party payment gateways without any extra charges. It integrates with various secure payment methods, including cash, credit cards, and reward points.

In addition to software support, ConnectPOS works with a wide range of devices, including laptops, tablets, smartphones, POS bundles, all-in-one systems, printers, cash drawers, and barcode scanners.

Some of the notable features include:

• Click and Collect: Customers can buy products online and pick them up or return them in-store.
• Second Screen for Customers: A second screen provides customers with detailed information about their cart before checkout.
• PWA Customer App: PWA Customer App lets customers search for products and complete self-checkout.
• Inventory Management: Helps keep track of stock levels and perform accurate inventory counts.
• Customer Loyalty: Reward customers with discounts, coupons, or loyalty points.
• 20+ Insightful Reports: Automatically generate important reports based on real-time data.

ConnectPOS provides four pricing tiers:

• $9 Basic
• $49 Standard
• $79 Advanced
• $99 Premium

Retailers can test the platform with a 14-day free trial before making a decision on which plan best suits their store’s needs.

FAQs: Shopify POS Rates for Businesses 

1. What are the available Shopify POS packages?
Shopify provides two POS options:

• Shopify POS Lite: Included in all Shopify plans, this option supports basic in-person sales with essential tools for small-scale operations.
• Shopify POS Pro: A premium add-on that includes advanced features for inventory management, omnichannel selling, staff roles, and more.

2. How do the costs differ between POS Lite and Pro?
POS Lite is part of your Shopify plan at no extra cost. POS Pro incurs an additional monthly fee per location, allowing businesses to access a more comprehensive toolset.

3. Are there additional Shopify POS rates for users?

Aside from the POS subscription, transaction fees apply if you use third-party payment gateways. These fees vary by plan but are waived when using Shopify Payments.

4. What makes ConnectPOS a standout alternative to Shopify POS?

ConnectPOS provides tailored features for businesses of all sizes. It seamlessly bridges online and offline operations, supports various payment methods, and integrates with Shopify and Shopify Plus. Its customization options make it adaptable to specific business needs.

Conclusion

This article aims to provide clarity on the Shopify POS rates. The pricing plans vary depending on the selected tier, and there are additional expenses such as transaction fees, credit card rates, add-ons, and integrations to consider.

To determine if Shopify is a suitable choice, we’d suggest starting with the free trial period. This way, you can explore its capabilities and assess how well it aligns with your business needs. After evaluating the platform, you can opt for the Basic Shopify plan on a monthly basis. If it proves effective and meets your expectations, upgrading to the Shopify or Advanced Shopify plan can support your long-term goals.

Looking for a point-of-sale solution that provides even more flexibility and tailored features? ConnectPOS is a robust alternative to Shopify POS. From omnichannel selling to in-depth reporting and personalized configurations, ConnectPOS caters to the diverse demands of modern businesses. Discover how ConnectPOS can elevate your operations. Contact us now!