Do Any UK Stripe Users Charge Card Fee & Tran Fee?

  • PhoenixUK
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8 years 5 days ago #97691 by PhoenixUK
Hi All,

I'm just wondering if any MembershipPro users here, who utilise Stripe in the UK and whereby Stripe charge your business their Card fee & Transaction fixed fee, do you then pass this on to your members with the Stripe Payment plugin, by adding it in to the fields;

Payment Processing Fee ($) & Payment Processing Fee (%) ?

Just curious, or maybe you don't pass it on at all and keep these end user additional fee's to zero?

Regards,

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8 years 3 days ago #97820 by John Willems
Replied by John Willems on topic Do Any UK Stripe Users Charge Card Fee & Tran Fee?
I can't speak for anyone in the UK but for me (in the US) we have just factored those into our subscription fees. Our fees are set to fixed rates so that works for our business model.
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8 years 1 day ago #97906 by PhoenixUK
Cheers John, much appreciated.

Regards,

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7 years 11 months ago #98004 by Jonathan Colls
Replied by Jonathan Colls on topic Do Any UK Stripe Users Charge Card Fee & Tran Fee?
I'm in the UK and use Stripe with Membership Pro.

The end user is not aware of the Stripe processing charges. They are deducted by Stripe from your balance.

eg. Purchase Price £100
Client gets charged £100
My balance goes up by ~£97 (so minus the transaction and fixed cost)

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7 years 11 months ago #98016 by PhoenixUK
Of course, I'm aware of that way of approaching it but I was simply curious as to how others deal with this, given that the Stripe Payment Plugin has the field tied to it, for the fee's.

I will do as you people are doing above and just embrace the fee's within the total price of our services.

Thanks all.

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7 years 11 months ago #98018 by Jonathan Colls
Replied by Jonathan Colls on topic Do Any UK Stripe Users Charge Card Fee & Tran Fee?
Sorry I misunderstood your post.
So as you guessed, we just absorb the processing fees.
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