#shpatak
wicked sparrow
alpine nacelle
Is the Passing the Stripe fee on to customers the only way to cover Stripe fees?
This is the only way to charge the fee before or during charge creation. You could still create separate charges for the fees after the charge is created, but pretty much no one does that
And how to process fees of customers if in some jurisdictions, charging processing fees to customers is prohibited?
You don't.
That's why it's prohibited
torn anvil
But, let say I have a 100$ product, charging user card with this amount will end up in 100$ + (0.30$ + 2.9% of stripe fees)
so the 0.30 and 2.9 user in this case must not pay?
alpine nacelle
Correct.
alpine nacelle
Yes. You/your platform would be charged those fees
They're taken out of the charge itself and you're paid the net-amount to your balance
torn anvil
Which means I am losing instead of gaining revenue?
alpine nacelle
You would theoretically be making more than 2.9% +$0.30 on your charges, so that depends on what your margin is
torn anvil
I am lost)
should I include those 2.9 + 0.30 as Platform fees?
basically, before charging client, he is given the checkout page where the product price of 100$ is shown + my platform fees
by my platform fees I mean 2.9% + 0.30$ + 6% of platform fees
here the 7 dollars is my app income + stripe fees