Question 1

How much does Stripe charge per transaction?

Accepted Answer

In the US, Stripe's standard fee is 2.9% + $0.30 per successful credit card transaction. Fees may vary for international cards (typically an additional 1%) or other payment methods.

Question 2

What is PayPal Goods and Services fee?

Accepted Answer

PayPal's Goods & Services fee for US merchants is generally 2.99% + $0.49 per transaction. This fee includes seller protection coverage.

Question 3

How do I calculate Stripe fees?

Accepted Answer

Multiply your total charge amount by the Stripe fee percentage (e.g. 2.9% or 0.029 in the US) and add the flat fee (e.g., $0.30). Formula: Fee = (Amount * 0.029) + 0.30.

Question 4

Which is cheaper: Stripe or PayPal?

Accepted Answer

Stripe is generally cheaper than PayPal Goods & Services for standard credit cards. Stripe's US fee is 2.9% + $0.30, whereas PayPal's Goods & Services fee is 2.99% + $0.49.

Question 5

How much does Shopify charge per transaction?

Accepted Answer

Shopify Payments transaction fees depend on your active plan: Basic Shopify is 2.9% + $0.30, Shopify is 2.6% + $0.30, and Advanced Shopify is 2.4% + $0.30 for online card payments.

Question 6

How do I receive exactly $100 after Stripe fees?

Accepted Answer

To receive exactly $100 net payout after Stripe's standard 2.9% + $0.30 US fee, you must charge $103.30. The formula is: Charge = (Desired Net + Fixed Fee) / (1 - Percentage Fee) = ($100 + $0.30) / (1 - 0.029) = $103.30.

Question 7

Are shipping costs included in Etsy's 6.5% transaction fee?

Accepted Answer

Yes, Etsy applies its 6.5% transaction fee to the total cost of the order, which includes the item price, shipping cost, and any gift wrapping fees. It does not apply to sales tax.

Question 8

Does eBay charge final value fees on sales tax and shipping?

Accepted Answer

Yes, eBay calculates your Final Value Fee based on the total amount of the sale. This includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees.

Get in Touch