Included below are Thinkific Payments frequently asked questions and scenarios that you may face with your students when accepting payments using Thinkific Payments. Click each question to view more details.
As of May 19th 2022, all new Creators located in Canada or the USA who sign up for Free and Basic plans will have Thinkific Payments set as their default payment processor. As of June 10th 2022, all new UK (England, Wales, Scotland, Northern Ireland) creators who sign up for Free and Basic plans will also have Thinkific Payments set as their default payment processor. Learn more about this update: Thinkific Payments Updates: What to Know
Costs and Fees
How much does Thinkific Payments cost to use?
Thinkific Payments costs the same as Stripe to use.
What fees do I pay with Thinkific Payments?
If you're looking for more information about fees, please email email@example.com.
Integrating with Thinkific Payments
If I connect with Thinkific Payments, can I use Stripe and PayPal to accept student payments too?
Certain payment processors can be used simultaneously. Learn which ones.
Do my students need to be located within the USA, Canada, or the UK for me to use Thinkific Payments?
Thinkific Payments is currently only available to Creators based in the USA and Canada, however, students do not have to be located in the USA or Canada to purchase courses from Creators using Thinkific Payments.
I signed up for Stripe and/or PayPal originally, what happens when I sign up for Thinkific Payments?
If you connect with all three payment integrations, only Thinkific Payments and PayPal will be available for your students to purchase through at checkout. If you connect with Thinkific Payments and Stripe, only Thinkific Payments will be available for your students to purchase through at checkout.
Thinkific Payments will be an option for your students to pay with at checkout regardless of the product pricing. PayPal will only be an option for your students to pay with at checkout if the purchase is for a product with one-time payment pricing.
For more information, check out our article: Did my student's purchase go through Thinkific Payments, Stripe, or PayPal?
Can I switch back to Stripe if I don't like Thinkific Payments?
Absolutely. Please email firstname.lastname@example.org for assistance.
Do I need to disconnect Stripe before setting up Thinkific Payments?
You do not need to disconnect your Stripe payments integration in Thinkific before setting up your Thinkific Payments account.
To switch your payment processor from Stripe to Thinkific Payments, simply set up Thinkific Payments in your Thinkific account. Click for instructions to set up Thinkific Payments.
How does the timing of student payment migrations from Stripe to Thinkific Payments work?
Why is my SSN required to use Thinkific Payments?
As a payment partner of Stripe, Stripe requires a Social Security Number (SSN) as part of their "Know Your Customer" (KYC) obligations to prevent abuse of the financial system. Creators based in the USA are required to provide their full SSN when setting up their Thinkific Payments account to match and confirm their identity with the IRS. The SSN will need to be the same as the details of the owner, or the beneficial owner if the tenant is using their Thinkific site as an incorporation or LLC.
Your SSN will not be stored in our system and is handled securely by Stripe.
Settings in Thinkific Payments
Can I change how often I receive a payout?
Does Thinkific Payments automatically charge tax?
Thinkific is a tax inclusive platform, which means that taxes are included in all of the prices. If you're taking payment via Thinkific's Built-in Checkout, customers will be charged the price set in your pricing settings. We don't currently have a way to add a percentage of tax for purchases, however we have some integration and alternate options in our article: How do I charge tax?
Please note that Quaderno is not currently supported for Thinkific Payments.
Why can't I verify my Tax ID number (TIN)?
Thinkific Payments uses Verification by Stripe to verify account and business details. Click here for more information from Stripe about why your Tax ID number has not been verified. Students can view their Order History from their Student Account and Profile. Students also have the option to print order summaries from this area of their account.
I chose the wrong country while setting up Thinkific Payments, and now I can't edit the country field. Can you help?
Yes, please contact our Support Team for assistance.
I chose the wrong type of business while setting up Thinkific Payments, and now I can't edit this information in my account. Can you help?
Yes, please contact our Support Team for assistance.
Why do you collect information about businesses and how do you decide which businesses to approve?
We require information about your business and personal details in order to verify that you are a business (including sole proprietors), bona fide charitable organization, or other entity or person and are not using our services to send money to others, to conduct any personal or non-commercial transactions.
Managing and Tracking Orders
Did my student's purchase go through Thinkific Payments, Stripe, or PayPal?
You can view a list of Payment Processors in your Orders Report
Which orders do I see in my Orders table if I've signed up to use Thinkific Payments?
Once you've set up Thinkific Payments for your Thinkific site, this table will also include orders for free courses and bundles.
Do I get notifications when a student purchases a course or bundle?
Yes, as long as you have your admin notifications enabled. For more information checkout our article on Automated Email Notifications.
Which built in checkout do my students see if I've set up Thinkific Payments?
- Your Thinkific Payments account status must show as Verified for the Performance Checkout to appear for all of your students and for Thinkific Payments to be active on your checkout pages.
- As part of Thinkific Payments, the Performance Checkout is regularly tested, optimized, and updated.
Where can my student see an Order Summary for a purchase on my site?
How do my students get receipts?
Thinkific Order Receipts will send automatically - when enabled - for orders made through Thinkific's Built-in Checkout, including payments processed through Thinkific Payments. For more information about automatic order receipts and how to enable them, check out our article: Student Order Receipts and Payment Notifications.
Why don't I see a Payments tab for my student in their user profile?
If you are using Thinkific Payments to process student payments through Thinkific's Built in Checkout for your courses and bundles, you can follow these instructions to view an individual student's payment information.
There are a couple of reasons you may not see a Payments tab in a user's profile:
- They haven't purchased a product on your Thinkific site (see the Orders Report for more information)
- They purchased a course or bundle with a one-time payment price. The Payments tab will only appear in a user's profile if they have purchased a course or bundle with a subscription or payment plan price
You can view orders for one-time payments processed through Thinkific Payments in the Orders Report.
Refunds and Cancelling Subscriptions
What happens when I cancel a student's subscription or payment plan with Thinkific Payments?
When refunding a student, do I receive a refund for processing or transaction fees?
There are no fees to refund a charge, but the fees from the original charge are not returned. This is true for full and partial refunds.
Does Thinkific support Apple Pay and Google Pay?
How much does it cost to process payments via Apple Pay or Google Pay?
Are digital wallet payments processed similarly to typical card payments?
Yes, digital wallet payments (excluding Paypal) are processed the same way as typical card payments. This means that digital wallet transactions are recorded on the Orders table as a credit card payment and have the same card processing fee, payout schedule, dispute/chargeback process, and refund process as typical card payments.
Why don't I see Apple Pay or Google Pay on my checkout?
For Apple and Google Pay to be available at checkout:
- You must be processing payment through Thinkific Payments.
- The purchase has to be made on a supported web browser. Apple Pay is only available on Safari (version 10.1+) and Google Pay is only available on Google Chrome (version 61+).
- The Student making the purchase has to have already set up an Apple or Google Pay account.
- Google Pay only: Chrome extensions that disables the default "Payment Methods" in Chrome will need to be disabled.