You can either follow along this video tutorial or read below.

An unavoidable part of ecommerce business is payment gateway Transaction fees. The rate between Paypal, Stripe and other gateways can be different. Shopify also charge an additional fee for using external gateways other than Shopify Payments. This is between 0.5% – 2% depending on your Shopify plan. 

Shopify charging additional fees for external gateways

You can input these rates in TrueProfit. Go to Transaction fees, then write the rates for each gateway you use. 

For example, a typical store using Stripe would pay 2.9% + 30 cents + 1% Shopify external gateway fee, assuming it's using standard Shopify plan.  

Update Transaction fees to orders in the past

If previously you set different transaction fees and need the new changes to affect all orders in the past, click on "Re-calculate Transaction Fees" at the bottom of the page. This will refresh profit calculation.
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