What are the Stripe Payment Processing Fees?

The Stripe Payment Processing Fee is levied by Stripe, the payment processing service.

Stripe's standard pricing is 1.70% + $0.30 per transaction. This includes Visa, Mastercard, and American Express.

Stripe fees are shown here: https://stripe.com/au/pricing

As part of your raffle set up, you can pass on the Stripe Payment Processing Fee to your customers. MOST CLIENTS pass on the Stripe fees to their customers. 

When you require the ticket buyer to pay the Stripe Payment Processing Fee, the RaffleTix platform calculates the likely cost of the Stripe Payment Processing Fee (using Stripe's standard pricing) and adds it to the selected Ticket Price bundle.

Important: the RaffleTix Platform Fee is 4.4% (inc. GST) of the selected Ticket Price bundle. The RaffleTix Platform Fee is separate to the Stripe Payment Processing Fee. It is not possible to pass the RaffleTix Platform Fee on to the ticket buyer.

Stripe will deposit funds directly into your nominated bank account according to the frequency you nominate with Stripe.

IMPORTANT: Stripe may reject your application if you cannot demonstrate your not-for-profit status.