WooCommerce launched its new WooCommerce Payments feature, making it easier for plugin users to manage the entirety of their shop from a single location – including payments! The WooCommerce Payments plugin is available as a free download via the WordPress plugin directory. Payments are handled by Stripe Express, with transaction-based fees starting at 2.9% + $0.30 per transaction for cards issued in the U.S. An additional 1% fee is tacked on for cards outside the U.S.
Key features of the WooCommerce Payment Gateway
- Shop owners can manage charges, deposits, refunds, and disputes without leaving their store.
- Customers can make payments directly on the site. They are no longer directed to a third-party site like PayPal to make their payment.
- Deposits are automatically made daily after the initial 7-day setup period.
U.S.-based WooCommerce shops can now sign up for this payment portal. (No CBD shops may use the portal.)