Lemonstand

Lemonstand doesn’t charge a transaction fee on any of their plans.

Shopify

Shopify doesn’t charge a transaction fee if you use their built-in payment processing system Shopify Payments, which is powered by Stripe. If you use a 3rd party merchant processor (like Authorize.net, PayPal, Amazon Payments, etc) they charge a transaction fee based on your plan:

2% Lite,
2% Basic
1% Pro
0.5% Unlimited

Obviously Shopify is pushing you towards using Shopify Payments. It’s a quick and easy way for new stores to start taking payments, and it’s competitively priced with Square, PayPal, and Stripe. But there certainly are better rates available using a 3rd party processor, however, those sometimes come with monthly fees of their own, and are better suited for mid-to-high-volume stores.

Shopify Payments Transaction Fees:

Lite/Basic Plans
Online: 2.9% + 30¢
In Person: 2.7% + 0¢

Pro Plan
Online: 2.6% + 30¢
In Person: 2.4% + 0¢

Unlimited Plan
Online: 2.4% + 30¢
In Person: 2.2% + 0¢

The Winner

Lemonstand is the clear winner here for not charging a transaction fee.

Your transaction fee is negotiated with your merchant processor and is typically based on your sales volume, number of transactions, average ticket price, and type of business you have (to name a few factors). Let’s assume you could negotiate the same rate with a merchant processor regardless of whether you’re on Shopify or Lemonstand, since your rate is based on the factors I mentioned above, and not on your e-commerce platform. By using Shopify, you’re going to pay at least 0.5% in additional transaction fees to Shopify, which equates to:

$0.50 per $100 in sales
$5.00 per $1,000 in sales
$50.00 per $10,000
$500.00 per $100,000 in sales
$5,000 per $1 million in sales

You get the idea. It’s certainly not a negligible amount, but it may be money well spent if Shopify is the best solution to for you.