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Card class: Non-HeroCategory: Ecommerce Platform

At a glance

Revenue split by payment gateway / processor. The processor-economics view: how much money flows through Shopify Payments vs Stripe vs PayPal vs gift cards vs other rails?
What it countsGROUP BY paymentGatewayName SUM(totalPrice). Each order contributes its full totalPrice to its primary payment gateway. Multi-tender orders (rare) attribute to the largest gateway.
API endpointAdmin GraphQL. Order.paymentGatewayNames[] and Order.totalPrice.
Common gateway labelsshopify_payments, paypal, stripe, manual, klarna, clearpay, afterpay, apple_pay, google_pay, shopify_installments, gift_card.
VAT / tax treatmentRevenue is totalPrice (post-discount, customer-paid total); follows store tax setting.
ShippingIncluded in totalPrice.
DiscountsAlready deducted.
RefundsNOT deducted from gateway revenue here. A refunded Stripe order still counts at gross to Stripe gateway.
Cancelled / voided ordersVOIDED orders typically have no successful charge; they bucket to manual or get suppressed depending on configuration.
CurrencyMulti-currency arithmetic sum WITHOUT FX. Filter to single presentment currency for accurate stores transacting in multiple.
Channels / sourcesOnline + POS + B2B all contribute. POS uses shopify_payments for card-present payments by default.
Apple Pay / Google PayThese can route through Shopify Payments or Stripe depending on configuration; the card surfaces them as the underlying processor, not as Apple/Google Pay specifically.
Time window30D (single window)
Alert triggerNone on this card directly.
Rolesowner

Calculation

Calculated automatically from your Shopify data. See the At a glance summary above for what the metric tracks and the worked example below for a typical reading.

Worked example

A US apparel brand on Shopify Plus. Period: 12 Apr 26 to 11 May 26. Total revenue $284,400.
GatewayRevenueShareEstimated processor feesOrder count
shopify_payments$182,40064.1%~5,290(2.95,290 (2.9% + 0.30)4,120
paypal$48,20016.9%~1,640(3.41,640 (3.4% + 0.49)980
klarna$24,8008.7%~$1,070 (5.99%)480
apple_pay$14,2005.0%(via Shopify Payments)380
gift_card$8,4003.0%$0220
manual$4,2001.5%$0 (B2B / wire transfers)32
clearpay$2,2000.8%~$130 (5.99%)48
Total$284,400100%~$8,1306,260
Five things to notice:
  1. Klarna at 8.7% is high-cost. 1,070inprocessingfeesismoreperdollarthanShopifyPayments(1,070 in processing fees is more per dollar than Shopify Payments (5,290 / 182,400=2.9182,400 = 2.9%) or PayPal (1,640 / 48,200=3.448,200 = 3.4%). BNPL providers charge 5 to 6% but often drive larger AOVs and higher conversion among younger shoppers. Compare Klarna AOV (24,800 / 480 = 51.67)vsShopifyPaymentsAOV(51.67) vs Shopify Payments AOV (182,400 / 4,120 = $44.27): Klarna shoppers spend 17% more, partially justifying the fee premium.
  2. Gift card share at 3% is healthy. Steady gift-card redemption indicates a working loyalty / gifting program. Sub-1% suggests gift cards are not visible at checkout; 5%+ can indicate fraud (gift card cracking).
  3. Apple Pay / Google Pay are bundled into Shopify Payments here. The card shows them separately if explicitly tagged; otherwise they roll up. To track Apple/Google Pay attach rate, use Shopify’s Conversion → Payment report directly.
  4. Manual at 1.5% is mostly B2B wire transfers. Each manual payment is a Shopify-imposed account-management overhead; reconcile manually. Brands with growing B2B should evaluate Shopify B2B’s invoice features to reduce manual reconciliation.
  5. Clearpay at 0.8% is too small to optimise. Below 1% is generally not worth a dedicated optimisation; just keep it on as a customer convenience.

Sibling cards merchants should reference together

Gateway revenue is one half of payment-economics. Pair with these:
CardWhy pair it with Gateway RevenueWhat the combination tells you
Payment MethodsMethod count distribution counterpart.Volume per method × revenue per method = the complete picture.
Total RevenueTop-line denominator.Gateway shares × revenue = absolute revenue per gateway.
Financial StatusStatus distribution.Gateways with high PENDING share are slow-capture (PayPal e-checks, Klarna).
Refund ValueRefund $ counterpart per gateway.High-refund gateways often correlate with BNPL methods.
stripe.stripe_revenueStripe gateway revenue cross-check.Should align with Stripe-paid orders here.
paypal.paypal_revenuePayPal gateway cross-check.Should align with PayPal-paid orders here.

Reconciling against the vendor’s own dashboard

Where to look in Shopify Admin: Analytics → Reports → “Sales by payment provider” → set date range. Should align closely with this card. Other Shopify Admin views:
  • Settings → Payments: configures available gateways; doesn’t show revenue.
  • Finance → Payouts: gateway-side payout view. Shopify Payments has its own payout schedule; Stripe / PayPal manage independently.
Why our number may legitimately differ from Shopify Admin:
ReasonDirectionWhy
Time zoneBoundary daysStandard time-zone gap.
Multi-tenderEitherOrders paid via two methods (e.g. partial gift card + card) attribute to one gateway here; Shopify may split.
Refund timingEitherBoth ignore refunds in revenue allocation.
CurrencyMulti-currency: ours skewedMulti-currency stores see this card sum without FX; Shopify’s report converts.
Sync lagOurs lower for “today”5 to 15 minute index lag.
Cross-connector reconciliation:
CardExpected relationshipWhat causes legitimate divergence
stripe.stripe_revenueStripe gateway here ≈ Stripe revenueStripe processes some non-Shopify revenue (e.g. subscription tools); their total can exceed the Shopify-side count.
paypal.paypal_revenuePayPal gateway ≈ PayPal revenueSame logic.

Known limitations / merchant FAQs

Why is my Apple Pay / Google Pay share so low? They typically roll into Shopify Payments unless explicitly tagged. To see attach rates, use Shopify Admin’s Conversion → Payment report. My BNPL provider’s share keeps growing, is that good or bad? Mixed. BNPL drives larger basket sizes (often 15-30% AOV uplift) and higher conversion among younger shoppers. Costs are higher (typically 5-6% vs 2.9% for cards). Worth it if AOV uplift × volume > fee delta. Calculate per-cohort. Are gift card redemptions counted as revenue? Yes, here gift cards count as gateway revenue. Some accounting systems treat gift card redemption as deferred revenue (the original card sale was the revenue event); reconcile per your accounting practice. Multi-currency, any impact? Multi-currency stores see distorted gateway shares because the card sums without FX. Filter to single presentment currency for accurate analysis. Shopify Plus vs basic? Plus stores can use Shopify Functions to customise gateway routing rules (e.g. show PayPal only over $X). The card behaves identically; the gateway mix differs. Refresh cadence? 5 to 15 minute index lag. B2B vs DTC? B2B uses manual gateway extensively (wire transfers, invoice payment). DTC almost never. Mixed stores see manual share dominated by B2B; filter by tag for DTC analysis. Refunds aren’t deducted, isn’t that misleading? For some accounting purposes yes. The card shows gross gateway revenue; net-of-refunds is on roadmap as a separate metric. For now, cross-reference Refund Value to estimate. The card moved (a gateway suddenly grew), what should I do?
  1. Identify the gateway and check whether it was newly enabled / featured at checkout.
  2. Compare AOV per gateway; some gateways skew toward higher AOV.
  3. Compare refund rate per gateway; some BNPL providers correlate with higher refund rates (impulse purchases).
  4. Re-evaluate the gateway mix at checkout: is the optimal display order being used?

Tracked live in Vortex IQ Nerve Centre

Revenue by Payment Gateway is one of hundreds of KPI pulses Vortex IQ tracks across Shopify and 70+ other ecommerce connectors. Nerve Centre runs the detection layer; Vortex Mind investigates the cause when something moves; Ask Viq lets you interrogate any number in plain English. Start for free or book a demo to see this metric running on your own data.