Are the stripe processing fee and pricing confusing to you? Here are the UAE(including Dubai) Stripe Fees example and calculator to give you clarity. The below examples suit if you are running amarketplace platform, subscription billing, and custom two-sided logic.
Example of companies which falls under this model are Amazon, Airtasker, Instacart, Lyft, Deliveroo, Postmates, Etsy, Depop, etc.
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βIf you are looking for video explanation
Here is short video:
Here is a long video which is explained using Tradly Marketplace Apps.
βDefinitions to understand
- Platforms means your marketplace. or the platform you run. Exmaple: Amazon
- Payment: Money going into Stripe Connect when a user make transaction
- Payout: The Money goes out to seller
βHow Tradly and Stripe works together
This applies to most product marketplaces with commission as revenue model.
The flow of Stripe Charges, Payout, and Tradly Triggers. Launch Marketplaces with Stripe connect and Tradly API
βStripe Payment Processing Fee
βCharges 2.9% + AED1 per successful card charge
Tradly supports standard and express but the marketplace needs Express because it allows βSeparate Charges and Transferβ logic.
βStripe Payout Charges for marketplaces
β$2 per monthly active account*
* An account is active in any month payouts are sent to their bank account or debit card. Includes ongoing onboarding, verification, and compliance.
β0.25% + AED5.50 per payout sent
Thus the stripe connect fee for UAE Marketplaces Platforms
βTime taken for different steps
- Payment Charges (Immediately seen in your account but will not be added in balances, it takes 2-5days)
- Transfers (Immediate if you have positive balance)
- Payout (Payout will take another 2-5days depends on the bank)
βExample calculation
Use this sheet if you want to do your own calculation
Stripe Fee calculation
Simple and FREE. Launch your project today!
- Launch Marketplaces, Online Storefronts, Booking Apps, Classifieds, Directories, Partner Portals, App Stores, etc.
- Tradly pricing starts with ZERO. You pay only when you grow.
- Free No-code Integrations, No-Code Editor