Stripe’s pricing is fairly straightforward. Stripe is free to set up and the company does not charge a monthly or annual fee for its services. Instead, all Stripe fees are per transaction with transparent pricing. Online sales cost businesses 2.9% plus 30 cents per transaction. There is an additional 1% fee for international and currency conversion transactions. In-person transactions cost 2.7% plus 5 cents per transaction with the same added 1% for any currency conversion or international card use. These fees are charged automatically and deducted from the merchant’s final payout.
Stripe includes a prebuilt, hosted checkout page optimized for conversion. The checkout page can accept one-time and recurring payments, can be customized to match a company’s branding, is available in 20 languages and comes with built-in conversion optimizations. Stripe also offers an automatic tax collection on all transactions for 0.5% of each transaction as well as easy-to-use tax reporting for each filing market.
| Payment Method | Pricing |
|---|---|
| Online payment including Visa, Mastercard, American Express, Apple Pay, Google Pay and more | 2.9% plus 30 cents per successful card charge Plus 1% for international cards Plus 1% if currency conversion is required |
| In-Person payment through Stripe Terminal | 2.7% plus 5 cents per successful card charge |
| Bank Debits and Transfers to allow the acceptance of large payments or recurring charges | |
| ACH Credit | $1 per ACH credit payment |
| Wire | $8 per wire payment |
| Checks | $5 per check received |
| ACH Direct Deposit | 0.8% per transaction with maximum ACH fee of $5 |
Stripe also offers a customizable plan for businesses with large payments volume, high-value transactions or unique business models. The customizable plan offers large-volume discounts, multiproduct discounts, country-specific rates and interchange pricing. Businesses interested in the customizable plan must contact the sales team for a quote.
Once Stripe is linked to a business’s bank account, the standard payout is two business days. Business owners can schedule automatic payouts daily, weekly or monthly, or set a custom payout schedule. Instant payouts allow qualified business owners to be paid out within 30 minutes of the approved transaction. Instant Payouts cost an additional 1% of the payout amount with a minimum fee of 50 cents per transaction.
International Transactions
One of Stripe’s features is its accessibility for international customers. Currently, 47 countries including Canada, Brazil, Japan and Croatia support Stripe. Once Stripe is supported, businesses in those countries can take payment from anywhere in the world.
Stripe accepts more than 135 currencies, allowing businesses to present prices in the customer’s native currency, automatically collect taxes in 30 countries, offer global support and support popular payment methods from around the world including Bancontact, EPS, Giropay and iDEAL. It is worth noting that pricing does change depending on the payment method and a 1.5% fee is applied for international payment methods as well as a 1% fee for currency conversion.
Credit Card Terminals
Businesses looking to accept credit card payments in-person also will need to buy a credit card terminal. Pricing varies by terminal type and start at $59 for a mobile card reader and go up to $249 for countertop terminals.
