Stripe Fees Explained: What You Need to Know
Last updated at: Jan 15, 2025When selling tickets or managing payments for your event through TixFox, Stripe serves as the backbone of payment processing. Understanding Stripe’s fee structure can help you plan your pricing strategy and maximize revenue. This article breaks down Stripe fees for different regions, ensuring you have a clear picture of how charges are calculated.
How Stripe Fees Work
Stripe fees are transaction-based and vary by region, card type, and currency conversion requirements. The fees generally include a percentage of the transaction value plus a fixed cost per transaction. Below is a detailed overview of Stripe’s fee structure in key regions.
Stripe Fee Breakdown by Region
Region | Card Type | Fee |
|---|---|---|
🇺🇸 United States | Standard US Cards | 2.9% + 30¢ per transaction |
International Cards | 4.4% + 30¢ per transaction | |
Currency Conversion (if required) | 5.4% + 30¢ per transaction | |
🇬🇧 United Kingdom | Standard UK Cards | 1.5% + 20p per transaction |
Premium UK Cards | 1.9% + 20p per transaction | |
European Economic Area (EEA) Cards | 2.5% + 20p per transaction | |
International Cards | 3.25% + 20p per transaction | |
Domestic Link Payments | 1.2% + 20p per transaction | |
🇪🇺 European Union | Standard EEA Cards | 1.5% + €0.25 per transaction |
Premium EEA Cards | 1.9% + €0.25 per transaction | |
UK Cards | 2.5% + €0.25 per transaction | |
International Cards | 3.25% + €0.25 per transaction | |
Domestic Link Payments | 1.2% + €0.25 per transaction |
Additional Considerations
1. Currency Conversion
If your event involves ticket buyers from different countries or currencies, a currency conversion fee of 1% is typically added to the standard fees. This applies to any cross-border transactions.
2. International Card Processing
Fees for international cards are generally higher due to the added complexity of cross-border payments. Consider this when planning your ticket pricing for events with global audiences.
3. Domestic Link Payments
For regions like the UK and EU, domestic Link payments offer a lower fee structure, making them an attractive option for local transactions.