Thinkific Payments is the default payment processor for creators located in USA, Canada, UK, EU, Switzerland, Norway, Singapore, Hong Kong, and select Thinkific Payment-supported countries. It is only available on limited release to businesses based in Australia and New Zealand. If you’re a Creator based in a limited-release country and don’t see the option to adopt Thinkific Payments, please contact our Support Team.
Question
- How much does Thinkific Payments cost to use?
- What does Thinkific Payments cost compared to Stripe?
- What fees do I pay with Thinkific Payments?
- What countries does Thinkific Payments support?
Solution
When you use Thinkific Payments to process your payments, we partner with Stripe to make it happen. If you're a creator based in the US or Canada, you'll be charged a fee of 2.9% plus 30 cents for every successful credit card payment. It's a straightforward and hassle-free way to get paid for your hard work!
The transaction fees associated with payments processed through Thinkific Payments differ depending on the country where your business operates. By choosing Thinkific Payments as your payment processor, you not only gain the advantage of competitive transaction fees but also provide your students with the convenience of paying through a digital wallet, a bank redirect, or via a Buy Now, Pay Later (BNPL) provider during checkout.
Thinkific Payments Transaction Fees
Note that as of December 9, 2024, the flat fee part of one-time payment transaction and international cards fees have been updated:
- Bulgaria: from ЛВ0.50 to ЛВ0.65
- Czech Republic: from 6.5Kč to 8Kč
- Denmark: from 1.8kr to 2.5kr
- Hungary: from 85Ft to 130Ft
- Norway: from 2Kr to 3.9Kr
- Poland: from 1zł to 1.5zł
- Romania: from 1LEU to 1.6LEU
- Sweden: from 1.8kr to 3.7kr
| Country | One-Time Payment Transaction | International Cards | Currency Conversion | Subscriptions & Payment Plans | Payout Schedule |
| Australia | 1.75% + A$0.30 |
1.75% + A$0.30 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 2 business days |
| Austria |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Belgium |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Bulgaria |
1.7% + ЛВ0.65 for European Economic Area cards |
3.25% + ЛВ0.65 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Canada |
2.9% + $0.30 per successful card charge |
+0.8% for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Croatia |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+1% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Cyprus |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Czech Republic |
1.7% + 8Kč for European Economic Area cards |
3.25% + 8Kč for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Denmark |
1.7% + 2.5kr for European Economic Area cards |
3.25% + 2.5kr for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Estonia |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Finland |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| France |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Germany |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Greece |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Hong Kong |
3.4% + HK$2.35 per successful card charge |
Charges settled in USD will instead incur a fee of 3.9% + US$0.30 USD per successful charge. | +2% if currency conversion is required | +0.5% subscription fee | 7 calendar days |
| Hungary |
1.7% + 130Ft for European Economic Area cards |
3.25% + 130Ft for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Ireland |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Italy |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Latvia |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Lithuania |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Luxembourg |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Malta |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Netherlands |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| New Zealand |
2.9% + NZ$0.30 per successful card charge |
1% for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 4 business days |
| Norway | 2.4% + 3.9Kr for Norway and European Economic Area cards | 3.25% + 3.9Kr for international cards | +2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Poland |
1.7% + 1.5zł for European Economic Area cards |
3.25% + 1.5zł for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Portugal |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Romania |
1.7% + 1.6LEU for European Economic Area cards |
3.25% + 1.6LEU for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Singapore |
3.4% + $0.50 per successful card charge |
Charges settled in USD will instead incur a fee of 3.9% + US$0.50 USD per successful charge. | +2% if currency conversion is required | +0.5% subscription fee | 7 calendar days |
| Slovakia |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Slovenia |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Spain |
1.7% + €0.25 for European Economic Area cards |
3.25% + €0.25 for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Sweden |
1.7% + 3.7kr for European Economic Area cards |
3.25% + 3.7kr for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| Switzerland |
2.9% + CHF0.30 per successful card charge |
3.25% for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| United Kingdom |
1.7% + 20p for UK cards |
3.25% + 20p for international cards |
+2% if currency conversion is required | +0.5% subscription fee | 3 business days |
| United States |
2.9% + 30¢ per successful card charge |
+1.5% for international cards |
+1% if currency conversion is required | +0.5% subscription fee | 2 business days |
Buy Now, Pay Later (BNPL) Transaction Fees
| Country/Region | Transaction Fee |
|
United States Canada Australia New Zealand |
6.5% + 30 cents per transaction, with no other additional fees |
| European Union | 6.5% + 25 EUR cents per transaction, with no other additional fees |
| United Kingdom | 6.5% + 20 pence per transaction, with no other additional fees |
Learn more about Buy Now, Pay Later Payment Options
Digital Wallet Transaction Fees
| Provider | Transaction Fee |
| Standard Thinkific Payments transaction fee, with no additional fees | |
| 3.9% + $0.30 per transaction for domestic payments, with any international transactions facing standard fees |
Learn more about Digital Wallet Payment Options
Bank Redirect Transaction Fees
| Creator Country/Region | Transaction Fee |
|
United States Canada Australia New Zealand |
3.9% + $0.30 per transaction, with no other additional fees |
| European Union | 3.9% + €0.25 cents per transaction, with no other additional fees |
| United Kingdom | 3.9% + £0.20 per transaction, with no other additional fees |
| Poland | 3.9% + 1zł per transaction, with no other additional fees |
Learn more about Bank Redirect Payment Options
Sales Tax and VAT Solution Fee
There is a 0.5% fee for every transaction where tax is assessed, i.e. every non-zero dollar transaction in which the student is located in the United States, Canada, the UK, and the EU. This means that the fee applies even when the system calculates the tax rate as 0% (due to the student’s location, product’s tax category, or student’s exemption status). The fee is based on the total amount paid by your student (including product price and tax).
The fee does not apply to:
- Free orders
- Transactions where a 100% off coupon was applied
- Transactions from students located outside of the United States, Canada, the UK, and the EU
- Transactions from students in the UK and the EU in a jurisdiction where the buyer location is not a jurisdiction where the seller is registered for tax
Learn more about the Sales Tax and VAT Solution.
Refunds to Students
There are no fees to refund a charge. However, the fees from the original charge are not returned. This is true for full and partial refunds.
Seeing Individual Fees
To see how much you are being charged on any particular transaction, you can check your Orders Report: the Fees column will display any fees associated with a particular Order, and the Provider column will show who processed the payment. For a further fee breakdown, click on an individual transaction in the Transaction Report.
You can also access your Payout Report to view your payout status and the transaction fees.
Important Considerations
- If you're looking for more information about fees, please email payments-support@thinkific.com.
Learn More About
Did my student's purchase go through Thinkific Payments, Stripe, or PayPal?