The RaffleTix Platform Fee is 4.4% (inc. GST) of the ticket sales revenue, excluding the online payment surcharges (if any).
The RaffleTix Platform Fee is separate to the Stripe Payment Processing Fee.
EXAMPLE:
- A raffle has set all tickets to be sold at $10.00 each.
- The raffle has been set up to pass the Stripe Payment Processing Fee on to the ticket buyer.
- One of the raffle's Ticket Price bundles is 5 tickets for $50.00.
- The ticket buyer chooses the Ticket Price bundle of 5 tickets for $50.00.
- The Stripe Payment Processing Fee is calculated as $1.17, so the ticket buyer pays $51.17.
- The RaffleTix Platform Fee for that transaction is 4.4% x $50.00 = $2.20 (inc. GST).
The RaffleTix Platform Fee applies to all transactions recorded on the RaffleTix platform for your raffle. This applies to both online and in-person sales, including cash sales.
IMPORTANT: While the Stripe Payment Processing Fee can be passed on to the ticket buyer, the RaffleTix Platform Fee cannot be passed on to the ticket buyer.
RaffleTix invoices the raffle organiser for the RaffleTix Platform Fee at the conclusion of the raffle.
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