Stripe charges a transaction fee as a percentage of the transaction amount, plus a fixed fee for each transaction. The fee percentage and fixed fee depend on the country where your Stripe account is registered.
Try it out:
| Stripe fee: | |
| You will receive: | |
| You should ask for: |
To calculate Stripe fees for a transaction, you can use the following formula:
Total Fee = (Transaction Amount * Fee Percentage) + Fixed Fee
To calculate the amount to ask for with the stripe fee included, you can use the following formula:
Ask For = (Transaction Amount + Fixed Fee) / (1 - (Fee Percentage / 100))
Please note that these fee structures are subject to change, and there might be additional fees depending on factors like currency conversion or international payments. And also you might get a better rate from Stripe depending on the volume you process. It’s always a good idea to refer to the official Stripe documentation or your Stripe account settings for the most up-to-date fee information.