Foreign Currency Exchange FeesĪccepting local and international payments isn’t impossible with either platform, but you’ll pay extra for foreign currency exchange. These payment gateways are integrated into your site and connected to your bank account. If you’re using Squarespace as your ecommerce platform, you’ll still have to pay credit card fees to your payment provider - Stripe, PayPal, or Square.
The fee is a little higher than Shopify’s transaction fees (3%) but Squarespace Commerce packages both have 0% transaction fees. Squarespace only charges a transaction fee for accounts on the Business plan. Shopify Payments’ credit card fees decrease when you pay for higher-cost Shopify plans. You can add other payment methods if you don't want to use Shopify Payments, but Shopify will charge you transaction fees.
