If you are selling on Etsy, you may be wondering, “Does Etsy charge a monthly fee?” Currently, there is no one report that will give you an overview of all fees. Although Etsy is working on producing a single report, you still have to work with multiple reports to know the exact amount you are charged. Thankfully, a new version of the Payment Account page is coming out soon.

Charges 5% of the total transaction value

In addition to its 5% of the total transaction value monthly fee, Etsy also charges a transaction fee on shipping. Specifically, Etsy charges 3% plus $0.25 per transaction. This fee is waived if you offer free shipping, although if you’re selling more than $18 worth of goods, you’ll still have to pay the transaction fee. Free shipping is an effective marketing strategy, but it also comes with its own set of expenses.

In addition to this, Etsy also charges a transaction fee of up to 6.5 percent of the total transaction value. This fee covers both the transaction fee and the shipping charge, so a $10 item would cost $3 in shipping, so this fee equates to about 65 cents. This fee is different for every country, so make sure to shop around. You can also find other payment options for your buyers.

Has two subscription options

You can now pay a monthly fee to sell on Etsy. This subscription allows you to create a custom URL, upload up to five photos, and use featured listings. You can also get discounts on custom marketing materials, including email notifications when a product is back in stock. Both subscriptions have their benefits. But which one is right for you? Keep reading to learn more. Here are the benefits of both.

The free Standard plan gives you access to the basic features of the Etsy website. It has many benefits, including the ability to create a storefront for your Etsy shop. However, the fees can eat into your profit and change frequently. Luckily, Etsy has two subscription plans. These include the free Standard Plan and the paid Plus Plan. If you sell on Etsy often, you might want to subscribe to the free Standard Plan, which lets you access your account with limited restrictions.

Has no monthly or annual fee

A no-annual-fee credit card has a lower annual fee than many other credit cards. However, you should consider the annual fee when comparing rewards and travel cards. Some credit cards will charge a balance transfer fee that can run up to 3% of the total balance. A no-annual-fee card may not offer rewards or travel benefits, but it still comes with a balance transfer fee. Some credit cards will waive the balance transfer fee, but it is best to run the numbers and decide for yourself.

Is it more expensive than Shopify

Both shops have their benefits and drawbacks. While Shopify offers a free plan with no transaction fees, Etsy charges a percentage of your sales and requires you to pay fees for processing credit cards. Moreover, Etsy also charges a $0.20 per listed item fee. Nonetheless, Shopify is much cheaper in terms of transaction fees and offers many other benefits over Etsy.

For small business owners, Shopify offers more advantages than Etsy. With the free plan, you can list and sell products on both platforms. Also, Shopify offers more languages than Etsy, and its per-sale fee is lower than Etsy’s 5%. However, this fee will rise to 6.5% in April 2022. Moreover, Shopify offers a free trial, but you’ll have to invest more time to build a customer base.

Moreover, the more expensive subscription plans come with advanced support services. The most expensive ones offer 24-hour phone support and live web chat. Other features include email support and video tutorials. Moreover, the more advanced subscription plans come with advanced specialist support, which is usually aimed at larger enterprises. Shopify offers the same type of support as Etsy. However, it is important to note that both have their own strengths and disadvantages.