Flipsnack does not retain any fees for selling transactions. However, our payment processor partner will apply a small fee for each transaction.
All the fees presented below will be retained from each successful transaction recorded by the publisher on our platform.
Note: Keep in mind that if you want to sell magazines, books, or courses through Flipsnack, you will have to pay a fee of $100 in addition to your subscription, to unlock this add-on.
For every successful card charge, Stripe will retain a flat fee varying between 20-30 cents + a percentage of 2.9% from the finalized transaction.
You can accept international cards for an additional 1% of the value of the purchase.
Another fee that Stripes issues are the dispute fee, which appears when a cardholder questions your payment with their card issuer. For US users, this fee has a value of $15. Click here to read more about dispute fees and suggested solutions to be used in these particular cases.
For US Residents, Stripe may generate the 1099-K form for you, if your Stripe account meets all of the requested criteria. You can find more details about this form here.
Referring to Reporting VAT or Sales Tax, Stripe offers you the possibility to export a report of your account activity, to help you calculate VAT and Sales Tax. Furthermore, you can integrate other services as accounting and tax calculation with your Stripe account.