Stripe Fee Calculator

What is Stripe?

 

Stripe, Inc. is an Irish-American multinational financial services and international payment gateway method that is used by freelancers, agencies, businesspersons etc. It was originally founded in 2010 by Patrick Collison and John Collison.

 

What is a Stripe Fee Calculator?

 

Being a gateway between two persons or two mediums, stripe takes a fee. It is because they work as an intermediary and guard the money for you. They take your clients money and easily transfers it to your account almost instantly. So, this is why they take a small fee. Usually stripe fees  2.9% + $0.30 of the transferred amount.

 

How To Use TrueSuggests Stripe Fee Calculator?

 

Our stripe fee calculator has a simple UI and only one input box. So it is very easy to use our stripe calculator. 

 

1. After coming to the tool page, you will see one input box. Enter any data or amount that you want to input.

2. Click “Calculate” to see the calculated result.

3. You will get an answer box like this.

 

Why Should You Calculate Stripe Fees?

 

It is important to calculate stripe fees because it's a crucial part for the company or your business. You need to calculate it because:

 

- When making a payment through stripe then you need to know how much extra you need to pay as stripe takes some fees.

- If you are taking payment of $1000, your client should pay extra as the payment fee. So you need to know that extra amount. 

 

Moreover, if you calculate this beforehand then you can prevent stripe processing fees from your end, thus saving your profits.

 

How Much Does Stripe Charge?

 

Stripe charges differently for different types of debit cards, credit cards, international cards or any other cards. For example if your payment is received via a US card then its 2.9% + $0.30. On the other hand, if you are using an international credit card then it’s 3.9% + $0.30 per transaction.

 

Tips for Minimizing Stripe Processing Fees

 

If you want to minimize Stripe processing fees, you should use a debit card, you can consider batch transactions, leverage volume discounts. Moreover, if you are a business person and do transactions regularly, then you can talk to Stripe and negotiate for a less custom rate.

 

Limitations of This Tool

 

Only limitation this tool has is it cannot calculate in different currencies. So you need to first convert your currency to dollars and then you can use this tool to calculate stripe fees online.

 

FAQ

 

Is Stripe Cheaper than PayPal?

Yes, generally Stripe is cheaper than Paypal in higher transactions. Paypal is known for its wider availability, distribution whereas Stripe is not. Stripe usually charges a flat fee of 2.9% + $.30 per transaction whereas Paypal charge varies based on payment method, transaction amount and location.

Can I Use this Calculator for Multiple Currencies?

No, you cannot use this calculator for multiple currencies as it does not support it yet. However, it is in the development process, so it will be up and running in no time.

Is the Stripe Fee Calculator Available for Free on the Website?

No, it is not available there. You can use our tool for calculating transactions.

Can I Use the Stripe Fee Calculator for Both One-Time Transactions and Subscriptions?

Yes, you can use this calculator for both one-time transactions and subscriptions. This tool is designed to handle calculations including recurring payments or subscriptions.

Is it Safe to Use This Stripe Fee Calculator?

Yes, it is absolutely fine and safe to use a stripe fee calculator. It is just a calculator which works via a mathematical formula so you don’t have to think about any errors at all.

Does This Tool Work Offline?

No, this tool does not work offline. It typically requires an internet connection run as the website is solely depended on internet.