Stripe Fee Calculator
Use this calculator to determine the fees Stripe will charge for a transaction and the net amount you will receive after fees.
Calculation Results:
Stripe Fee:
Net Payout:
Understanding Stripe Fees: A Comprehensive Guide
Stripe is a leading payment processing platform that enables businesses to accept online payments. While incredibly powerful and flexible, understanding its fee structure is crucial for accurate financial planning and pricing strategies. This guide will break down the typical Stripe fees and explain how our calculator can help you manage your finances.
How Stripe Fees Work
Stripe's fee structure can vary slightly based on your region, transaction type, and negotiated rates, but the most common model for online credit and debit card transactions in the United States is a combination of a percentage fee and a fixed fee per successful transaction.
- Percentage Fee: This is a percentage of the total transaction amount. For standard online credit card processing in the US, this is typically 2.9%.
- Fixed Fee: This is a flat fee added to each successful transaction. For standard online credit card processing in the US, this is typically $0.30.
So, for a typical online transaction, the fee formula is: (Transaction Amount × Percentage Fee) + Fixed Fee.
For example, if a customer pays $100, the fee would be (100 × 0.029) + 0.30 = $2.90 + $0.30 = $3.20. You would receive $96.80.
Why Calculate Stripe Fees?
- Accurate Pricing: To ensure your product or service pricing covers your costs and desired profit margins, you must factor in payment processing fees.
- Financial Planning: Knowing your net revenue helps with budgeting, forecasting, and understanding your actual income.
- Cost Analysis: For businesses with high transaction volumes or varying average transaction values, understanding the impact of fees can inform decisions about payment methods or pricing tiers.
- Reconciliation: When reconciling your bank statements with your sales records, knowing the exact fees helps ensure everything matches up.
Using the Stripe Fee Calculator
Our Stripe Fee Calculator simplifies this process. Here's how to use it:
- Transaction Amount ($): Enter the total amount the customer is paying for your product or service.
- Percentage Fee (%): This field defaults to 2.9%, which is the standard for many online transactions. If you have a custom rate from Stripe (e.g., for international cards, specific business types, or negotiated rates), you can adjust this percentage.
- Fixed Fee ($): This field defaults to $0.30, the standard fixed fee. Similar to the percentage fee, you can adjust this if your specific Stripe agreement has a different fixed charge.
Once you input these values and click "Calculate Fees," the calculator will instantly display:
- Stripe Fee ($): The total amount Stripe will deduct from the transaction.
- Net Payout ($): The actual amount you will receive in your bank account after the fees are applied.
Example Calculation:
Let's say you sell a digital product for $49.99, and you're using the standard Stripe fees (2.9% + $0.30).
- Transaction Amount: $49.99
- Percentage Fee: 2.9%
- Fixed Fee: $0.30
Using the calculator:
- Percentage portion of fee: $49.99 * 0.029 = $1.44971
- Total Stripe Fee: $1.44971 + $0.30 = $1.74971 (rounds to $1.75)
- Net Payout: $49.99 – $1.75 = $48.24
This calculator is an essential tool for any business using Stripe, helping you maintain transparency and control over your transaction costs.