Does Wix Take A Percentage Of Sales? (Fees Breakdown) (2024)

FAQs

What percentage does Wix take from sales? ›

USA: 2.9% of the transaction amount + 0.30 USD.

With Wix, you can create and publish any basic site for free.

A standard percentage is charged (2.3%) with no additional transaction fee. Ecommerce transaction — This includes transactions processed through your online store or Online Pay Links. A standard percentage is charged (2.3%) plus a flat rate of $0.30 per transaction.

United States: 2.9% + 0.3 USD.

Shopify is easier if you're building an online store, particularly if you plan to scale it. Wix is easier if you're building a content-rich website that also offers basic e-commerce functions, such as collecting payment for services or selling a limited number of items.

Squarespace has a better selection of design templates, though its customization options require more technical confidence. Squarespace outperforms Wix's blogging and ecommerce tools by a very small margin, but the more flexible Wix has something for everyone.

For free sites: The owner of any sites or content is the owner of the Wix account under which the content was created. In most cases, the owner of the account is considered to be the person or entity who has access to the email address listed in Wix's records.

The automatic payment that was taken is most likely for the renewal of one of your subscriptions, such as your Premium plan, domain, Google Workspace mailbox or app upgrade. You can see exactly what the payment was for by checking your invoices. Click here to learn more about viewing your invoices.

We charge a 3% transaction fee on sales in the Business Plan. You can upgrade to Squarespace Commerce at any time to remove Squarespace transaction fees. Credit card processor fees will still apply on all plans. There's no limit to the number of products and services you can sell on your online store.

Does Wix have payment processing? ›

Wix Payments allow you to accept credit card payments and various other methods such as iDEAL or Giropay, depending on your location. You can accept payments from all major credit cards: Visa, Mastercard, Discover, AMEX, Diners, CUP, JCB and Maestro. Is there a minimum charge amount?

The regular cost is $9.99 to $14.99 for standard hosting and site building, and $16.99 to $29.99 for an online store. These plans come with an SSL, search engine optimization (SEO) tools and some marketing features.

In the United States, all third-party payment providers - including Wix Payments - are required to report merchant sales activity for goods and services to the Internal Revenue Service (IRS), as well as the relevant state authorities. This is done using a 1099-K form.

2.9% + $0.30 per transaction.

Retail businesses: Whether you sell online or off, you'll need a sales tax license to collect the required fees on your transactions.

Pros of Wix as a Website Platform for Small Business

Wix offers over 800 templates, clip art, icons, and an app market starting at the free level. You can add access to more apps, videos, and more at higher levels. This platform also has SEO, email capture and marketing, social posting, and Facebook ad tools.

Is Wix better than WordPress? WordPress.org is the better option for those looking for advanced customization options, while Wix is ideal for users who want a platform that's easier to use without any technical expertise.

So is it unprofessional to use Wix? Nope! Wix is a professional platform for companies around the world. Wix websites are at the top of Google along with the rest of the website platforms, and Wix is used by companies large and small around the globe for professional websites.

Since Wix can be used by professional designers and by average Joes as well, you can choose the extent to which your client is involved in the process. In the early work stages, clients can log in and add comments directly inside the editor, thus saving time and minimizing misunderstandings in the communication.

How much does Shopify take per sale? ›

Are there any transaction fees? There are no transaction fees for stores using Shopify Payments. If you choose a third-party payment provider, there will be additional fees of 2%, 1% or 0.5% for our Basic Shopify, Shopify, and Advanced Shopify plans, respectively.

Sell the way you want

With Wix, you can sell digital or physical products, source products from marketplaces like AliExpress, create custom merchandise and more.

Wix sites are search engine friendly. We guarantee that all of your site content can be crawled and indexed by search engines (e.g. Google and Bing) whether you have a Premium site or not.

Wix offers a total of 8 plans – 1 free basic plan and 7 premium ones. The prices range from $16.00 to $59.00 a month. Plans offer different storage, as well as marketing and eCommerce features. Squarespace is very similar, with 4 premium plans, ranging from $16.00 to $49.00 a month.

Wix Logo Maker lets you create and purchase your own personalized logo for your business and website with full commercial rights. Full Commercial rights mean that Wix does not limit the types of commercial usage of your logo and you can use it to promote or sell products and services as you deem fit.

As can be seen in our Terms of Use, all content (excluding content uploaded by the user) on Wix.com and within the Wix Editor is subject to copyright and other intellectual property rights, under local and international law.

If you had a failed payment in your account from a previous time, Wix might charge for that amount, as well as your current payment, at the same time. This would lead to two charges appearing on your bank statement in the same month.

Free site status: If you cancel your Premium plan, it remains active until the end of the subscription period. After that, your site address reverts back to the free Wix URL (accountname.wixsite.com/siteaddress) and Wix ads appear on your site.

After receiving your first payment, it's available for payout within an average of 7 days. You can see when your payout is scheduled to be sent directly from the Payouts area in your Wix Payments dashboard. Once sent, it can take between 3-5 business days for the payout to reach your bank account.

When you reactivate your site, you'll be charged $20 to renew your domain, and every time it renews after that. If you move your domain to a different Squarespace site that already has a free domain registered on it, you'll be charged $20 at the renewal date.

How does Stripe charge fees? ›

Stripe's pricing is fairly straightforward. Stripe is free to set up and the company does not charge a monthly or annual fee for its services. Instead, all Stripe fees are per transaction with transparent pricing. Online sales cost businesses 2.9% plus 30 cents per transaction.

All online sales: 2.9% + $0.30 per transaction. Non-keyed POS transactions: 2.7% Keyed-in mobile and in-store transactions: 3.5% + $0.15. Virtual terminal: 3.1% + $0.30 per transaction.

Processing usually takes 2-5 business days and is comprised of 2 parts, which happen simultaneously: The settlement period, which usually takes 1-2 days, but can take longer depending on your customer's payment method. At the same time that the payment is settling, it also goes through a pending period in Wix Payments.

Which payment providers are offered on Wix? We offer over 70 leading payment providers for you to choose from, including Wix Payments, PayPal, Stripe and Square.

Hosting costs FAQ

Shared hosting typically costs between $5 and $20 a month, virtual private server (VPS) hosting typically costs $20 to $40 per month, and cloud web hosting costs typically start at $50 per month and go higher depending on a client's needs.

Generally speaking, a domain name can cost you anywhere from $2 to $20 per year, depending on specials or discounts.

Winner: Bluehost

Bluehost's hosting plans are extremely cost-effective, and its renewal prices are very competitive. Bluehost also offers a 30-day money-back guarantee. GoDaddy's introductory costs are a little higher than Bluehost, but its plans still won't set you back too much.

Wix Merchants can take advantage of an automated sales tax integration with Avalara, which automatically calculates sales tax for each location you sell to, so your customers always get real-time rates as they shop and check out.

The rule of thumb is that if you used the items and then sold them for less than you bought them for, then you owe no taxes on the sale.

How does the IRS know if you sold your home? ›

Typically, when a taxpayer sells a house (or any other piece of real property), the title company handling the closing generates a Form 1099 setting forth the sales price received for the house. The 1099 is transmitted to the IRS.

Wix eCommerce is, in and of itself, a powerful solution for simplifying and scaling business. With comprehensive management tools, multichannel integrations, best-in-class security, and a high-resilience infrastructure, the platform is entrusted by some of today's fastest growing companies.

The short answer is no, Wix does not charge a processing fee. You can use their platform to create a beautiful website without any hidden fees. PRO TIP: If you are thinking of using Wix to create a website, be aware that they do charge a processing fee.

Wix's Connect Domain plan allows to connect a custom domain name to your site. You will have to buy that domain name separately. You can buy the domain from Wix or from any other registrar.

You are allowed to operate a sole proprietorship without registering, but you are required to register with your local government to collect and file state taxes. There is nothing wrong with running an unregistered business as long as your business is legal and meets all licensing and tax requirements.

Wix does not have a physical presence in every state, so it does not automatically collect sales tax on all transactions. However, Wix does provide customers with the ability to self-report and pay any applicable taxes on their own.

In the United States, all third-party payment providers - including Wix Payments - are required to report merchant sales activity for goods and services to the Internal Revenue Service (IRS), as well as the relevant state authorities. This is done using a 1099-K form.

PRO TIP: If you are using Wix to sell products online, please be aware that Wix does not automatically pay sales tax. You are responsible for paying all applicable taxes on your sales. Failure to do so may result in penalties and interest from the IRS.

In most cases, if you only have an online store with no other physical location, you'll only need to collect taxes from your region (e.g. your U.S. state, your own country or state, province, etc.) Important: Check with your local tax authority or accountant to find out who you are required to collect sales tax from.

How do I pay sales tax on Wix? ›

Go to Settings in your site's dashboard. Scroll down to eCommerce & Finance and click Invoices & Quotes. Click +Add New Tax in the Taxes section. Enter the Tax Name (e.g., VAT, State Tax) and Rate (%).

Once you update your tax settings, your store will collect sales tax at checkout based on the store address in your WooCommerce Settings.

Go to Tax settings in your site's dashboard. Click +Add Country. Start typing "United States" and select it from the drop-down. Start typing the state where you want to collect tax and select it from the drop-down.

Whether or not you will owe taxes for selling personal items, goods, or services online will depend on several factors, including whether you made a profit. Usually, you need to pay federal income taxes and self-employment taxes if you make more than $400 during the tax year.

Yes, you can sell products on Wix for free. You can create a free website with Wix, and then use their eCommerce platform to sell products. You will need to upgrade to a paid plan to remove Wix ads and get other eCommerce features, but you can start selling products for free.

The automatic payment that was taken is most likely for the renewal of one of your subscriptions, such as your Premium plan, domain, Google Workspace mailbox or app upgrade. You can see exactly what the payment was for by checking your invoices. Click here to learn more about viewing your invoices.

Displaying tax messages next to product prices

Go to the Item Price Settings in your site's dashboard. Enable the Display tax info toggle.