Stripe is one of the popular online payment services. Below is the Stripe fee calculator which can help you know about the Stripe fees while sending or receiving money online.
How are stripe fees calculated?
The current Stripe fee is 2.9% + $0.30 per transaction
So
Stripe Fee= (Amount x 2.9%) + $0.30
How much does Stripe charge per transaction?
Currently in 2023-2024 Stripe charges $0.30 per transaction as a processing fee and 2.9% of the total amount as a Stripe fee
Is Stripe cheaper than Paypal?
Yes Stripe is cheaper than Paypal
Stripe charges 2.9% whereas Paypal charges a 3.49% fee and
Stripe charges $0.30 whereas Paypal charges $0.49 as processing fees for each transaction
How much is the Stripe fee for $100
Stripe Fee 2022 – 2023 = 2.9%+$0.30
So for $100
Stripe fee = ($100*2.9%)+$0.30 = $3.20
if $100 is transferred, you will receive ($100-$3.20) =$96.80