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
|
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 |
+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 |
+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 |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Bulgaria |
1.7% + ЛВ0.50 for European Economic Area cards |
3.25% + ЛВ0.50 |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Canada |
2.9% + $0.30 per successful card charge |
+0.8% |
+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 |
+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 |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Czech Republic |
1.7% + 6.50Kč for European Economic Area cards |
3.25% + 6.50Kč |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Denmark |
1.7% + 1.80kr for European Economic Area cards |
3.25% + 1.80kr |
+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 |
+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 |
+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 |
+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 |
+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 |
+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% + 85Ft for European Economic Area cards |
3.25% + 85Ft |
+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 |
+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 |
+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 |
+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 |
+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 |
+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 |
+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 |
+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 |
+2% if currency conversion is required |
+0.5% subscription fee |
4 business days |
|
Norway |
2.4% + 2 Kr for Norway and European Economic Area cards |
3.25% + 2 Kr for international cards |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Poland |
1.7% + 1zł for European Economic Area cards |
3.25% + 1zł |
+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 |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Romania |
1.7% + 1LEU for European Economic Area cards |
3.25% + 1LEU |
+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 |
+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 |
+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 |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Sweden |
1.7% + 1.80kr for European Economic Area cards |
3.25% + 1.80kr |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
Switzerland |
2.9% + CHF0.30 per successful card charge |
3.25% |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
United Kingdom |
1.7% + 20p for UK cards |
3.25% + 20p |
+2% if currency conversion is required |
+0.5% subscription fee |
3 business days |
|
United States |
2.9% + 30¢ per successful card charge |
+1.5% |
+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 Solution Fee
There is a 0.5% fee for every transaction where a tax is calculated, i.e. every non-zero dollar transaction in which the student is located in the United States and Canada. 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 or Canada.
Learn more about the Sales Tax 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?