Question
- How much does Thinkific Payments cost to use?
- What does Thinkific Payments cost compared to Stripe?
Solution
Transaction Fees
Canadian-Based Businesses
If you're located in Canada, the fees for successful one-time payment transactions are 2.9% + 30 cents, +0.6% for international cards, and +2% if currency conversion is required.
If you're located in Canada, the fees for each successful subscription and payment plan payment are 2.9% + 30 cents, +0.6% for international cards, +2% if currency conversion is required, and +0.5% subscription fee.
US-Based Businesses
If you're located in the United States, the fees for successful one-time payment transactions are 2.9% + 30 cents, +1% for international cards, and +1% if currency conversion is required.
If you're located in United States, the fees for each successful subscription and payment plan payment are 2.9% + 30 cents, +1% for international cards, +1% if currency conversion is required, and +0.5% subscription fee.
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.
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?