Chris-pulse-pass-fees | Stripe Developers | Page 1

rotund sage Mar 21, 2022, 1:46 PM

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sleek pond Mar 21, 2022, 1:46 PM

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https://weareindy.com/stripe-fee-calculator https://www.abetterlemonadestand.com/ecommerce-tools/stripe-fee-calculator/ https://www.nerdwallet.com/article/small-business/stripe-fees all say fees should be $6.07

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round(((($amount + config('services.stripe.processing_fee')) / (1 - config('services.stripe.processing_percent'))) - $amount) / 100, 2)

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(19900 + 30) / (1 - 0.029)

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19930 / 0.971

rotund sage Mar 21, 2022, 1:52 PM

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Hi there 👋

When you're calculating fees to pass to your customer, you have to keep in mind that adding those fees to the amount will increase the total amount and therefore the overall fees.
https://support.stripe.com/questions/passing-the-stripe-fee-on-to-customers

Beyond that, I'm not sure how those other calculators are calculating their fee amounts and am not sure they're a valid comparison.

Passing the Stripe fee on to customers : Stripe: Help & Support

Find help and support for Stripe. Our support center provides answers on all types of situations, including account information, charges and refunds, and subscriptions information. Get your questions answered and find international support for Stripe.

sleek pond Mar 21, 2022, 1:53 PM

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We're following that formula as best I can tell.

rotund sage Mar 21, 2022, 1:54 PM

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And those other calculators seem to just be calculating raw fees, not taking into account that adding fees to the amount increases the fees.

sleek pond Mar 21, 2022, 1:55 PM

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AH

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ok, tracking

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so my math is right, there's is wrong, hehe

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Screen_Shot_2022-03-21_at_9.56.07_AM.png

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kk, thanks, I was panicked a bit, but looks like my math is solid

rotund sage Mar 21, 2022, 1:56 PM

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Yup, that looks like what you were hoping for. Happy to help!

sleek pond Mar 21, 2022, 1:57 PM

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beers all around

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it's Monday, we're allowed to drink at breakfast I believe

#Chris-pulse-pass-fees