RaffleTix charges no setup or monthly fees, only a 4.4% platform fee (including GST) on ticket sales and a Stripe payment processing fee of 1.65% + $0.30 per transaction. The platform fee applies to all sales and is invoiced after the raffle ends, while Stripe deducts its fee before transferring funds.
RaffleTix has no setup fees, monthly subscription fees, or ongoing account fees.
There are only two fees associated with using the RaffleTix platform:
- RaffleTix Platform Fee – 4.4% (incl. GST) of ticket sales revenue.
- Stripe Payment Processing Fee – 1.65% + $0.30 per transaction (Stripe standard pricing).
RaffleTix Platform Fee
The RaffleTix Platform Fee is 4.4% (incl. GST) of ticket sales revenue.
This fee applies to all sales recorded on the platform, including in-person cash sales.
Stripe Payment Processing Fee
The Stripe Payment Processing Fee is levied by Stripe, the payment processing service, and applies to debit and credit card sales processed through the platform.
Stripe's standard pricing is 1.65% + $0.30 per transaction. This includes Visa, Mastercard, and American Express.
Example
A ticket buyer selects a ticket bundle worth $50.00.
- Ticket bundle price: $50.00
- Amount paid by buyer: $50.00
- Stripe Payment Processing Fee: $0.30 + (1.65% x $50.00) = $1.13
- RaffleTix Platform Fee: 4.4% x $50.00 = $2.20
- Amount received by the raffle organiser is $46.67
When do I pay the fees?
RaffleTix invoices the raffle organiser for the RaffleTix Platform Fee at the conclusion of the raffle.
Stripe deducts the Stripe Payment Processing Fee prior to remitting funds to the bank account associated with the Stripe account.
Comments
0 comments
Please sign in to leave a comment.