🇺🇸 US Stripe Fees for marketplace / platform model

Is the stripe processing fee and pricing confusing to you?? Here is United States stripe fee examples and calculator to give you a clarity. This below examples suits if you are running a marketplace platform, subscription billing and custom two sided logics.

Example of companies which falls under this model are Amazon, Airtasker, Instacart, Lyft, deliveroo, Postmates, Etsy, Depop, etc

Stripe Products available in United States

  • Stripe Payments
  • Stripe Connect ( Standard, Express, Custom)
  • Stripe Billing for subscriptions business model
  • Other products which are not applicable for us

Definitions to understand

  • Payment Charges: These are the charges which incurred for every initial payment between a user/buyer credit card/wallet to platform Stripe account (not payout or any other separate charge methods)
  • Transfers: Transfer jobs run by TradlyPlatform 3times a day to transfer
    • Transfers jobs are payments to sellers log, Commission to Platform stripe, Payments to service provider like delivery boy.
    • The transfer is just a notification and a log update that all this charges are done splitting and send to respective destinations.
  • Payouts: Payout job initiated by TradlyPlatform to Stripe.
    • Then once the payout happens, seller will be able to see his balance in his MY SALES Page
    • Then Stripe will takes its time to send the balance to seller bank account (usually 2 business days-7days). Check with stripe support for accurate number of days.
    • Similar like Seller, Platform owner will be able to see his balance in his own balance. And can release his payout. Still stripe will take time to send the money to platform owner account
    • Same procedures for delivery services as well

How Tradly and Stripe works together

Flow of Stripe Charges, Payout and Tradly Triggers

Stripe Payment Processing Fee

– Charges 2.9% + 30¢ per successful card charge

Stripe Payout Charges for marketplaces

TradlyPlatform supports standard and express but marketplace need Express because it allow “Separate Charges and Transfer” logic.

$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.

0.25% + 25¢ per payout sent

stripe connect fee for US Marketplaces Platforms

Time 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)

Example calculation

Use this sheet if you want to do your own calculation

Stripe Fee calculation

Stripe fee calculation

Further Resources

Industry-specific contents

We are constantly looking for ways to solve problems through digital infrastructure, here are some of the analysis we had and a few model use cases on how it can be applied