Stripe Fee Calculator

The Stripe Fee Calculator allows users to determine the transaction fees for both domestic and international card payments in various currencies, providing a comprehensive breakdown of percentage and flat fees as well as the net amount received.

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How to Use the Stripe Fee Calculator

This step-by-step guide will walk you through the process of using the Stripe Fee Calculator to determine the fees associated with a transaction processed through Stripe.

Step 1: Enter the Transaction Amount

Begin by entering the amount you wish to process in the Transaction Amount field. This is a required step, and the amount must be at least $0.01. Make sure to enter a valid number using the placeholder as a guide.

Step 2: Select the Card Type

Next, choose the type of card being used for the transaction from the Card Type dropdown menu. You have two options:

  • US Credit/Debit Cards for domestic transactions.
  • International Cards for transactions involving non-US cards.

This selection is also required, as the fees differ based on the card type used.

Step 3: Choose the Currency

Select the appropriate currency from the Currency dropdown menu. Available currencies include:

  • US Dollar (USD)
  • Euro (EUR)
  • British Pound (GBP)

This is a mandatory field to ensure that the calculations are correct.

Step 4: Calculate the Fees

Once the required details are entered, the Stripe Fee Calculator will automatically perform the necessary calculations. Here are the calculated results you will receive:

  • Percentage Fee: This fee depends on the card type. For domestic cards, a rate of 2.9% of the transaction amount is applied, while international cards incur a rate of 3.9%.
  • Flat Fee: A fixed charge of $0.30 is added to every transaction.
  • Total Stripe Fee: The sum of the percentage and flat fees, representing the total cost of processing the transaction via Stripe.
  • Net Amount You Receive: The amount you will receive after deducting the total Stripe fees from the original transaction amount.
  • Effective Rate: This percentage indicates the overall fee rate relative to the transaction amount.

The results are formatted for clarity, with currency amounts shown to two decimal places and the effective rate expressed as a percentage.

Conclusion

Using the Stripe Fee Calculator, you can easily understand the costs associated with processing payments through Stripe. By following these steps, you can ensure accurate and convenient fee calculations tailored to your specific transaction details.