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      What are the transaction fees for Stripe?

       

      When processing online payments through Stripe and FreshBooks Payments powered by Stripe (including BACS and SEPA Direct Debit), there is a transaction fee included. Depending on where you're located and whether the transaction is domestic (same country) or international (different country), different rates apply. The transaction fee is taken out of each payment that is processed before being deposited into your account.

       

      Charging the credit card fee / transaction fee back to your Clients is against most countries' and state laws (also known as a convenience fee, service fee or surcharge).

       

      The below transaction fees are for specific FreshBooks users:

      Country/Region Payment Type Transaction Fee
      Canada Pre-Authorized Debit (PAD) 1% + $0.40 per transaction (caps available for Select)
      Europe Single Euro Payments Area (SEPA) 1% + €0.25 per transaction, (caps of €10 for Lite and Plus, €5 for Premium and Select)
      United States (US) Bank Transfer (ACH) 1% (caps available for Select)
      United Kingdom (UK) Bankers' Automated Clearing System (BACS) 1% + 20p per transaction (caps of £4 for Lite and Plus, £2 for Premium and Select)

       

      The below Credit Card transaction fees are for all FreshBooks users:

      Country Domestic Fee International Fee
      US 2.9% + $0.30 +1% for international cards
      UK 1.4% + 20p 2.9% + 20p
      Australia 1.75% + $0.30 2.9% + $0.30
      Austria 1.4% + €0.25 2.9% + €0.25
      Belgium 1.4% + €0.25 2.9% + €0.25
      Brazil 3.99% + R$0.50 -
      Canada 2.9% + $0.30 +0.6% for international cards
      Denmark 1.4% + 1.80kr 2.9% + 1.80kr
      Estonia 1.4% + €0.25 2.9% + €0.25
      Finland 1.4% + €0.25 2.9% + €0.25
      France 1.4% + €0.25 2.9% + €0.25
      Germany 1.4% + €0.25 2.9% + €0.25
      Greece 1.4% + €0.25 2.9% + €0.25
      India 2% for MasterCard/Visa
      3.5% for Amex
      3% for MasterCard/Visa
      3.5% for Amex
      4.3% + 2% for international cards (USD or other currency only)
      Hong Kong 3.4% + HK$2.35 +1% for international cards
      (USD settlement only) 
       Ireland 1.4% + €0.25
      exl. VAT
      2.9% + €0.25
      exl. VAT
      Italy 1.4% + €0.25 2.9% + €0.25
      Japan 3.60% -
      Latvia 1.4% + €0.25 2.9% + €0.25
      Lithuania 1.4% + €0.25 2.9% + €0.25
      Luxembourg 1.4% + €0.25 2.9% + €0.25
      Malaysia 3.4% + RM2.00 -
      Mexico 3.6% + $3.00 -
      Netherlands 1.4% + €0.25 2.9% + €0.25
      New Zealand 2.9% + NZ$0.30 Same as domestic
      Norway 2.4% + 2kr 2.9% + 2kr
      Poland 1.4% + 1PLN 2.9% + 1PLN
      Portugal 1.4% + €0.25 2.9% + €0.25
      Singapore 3.4% + $0.50 +1% for international cards
      (USD settlement only)
      Slovakia 1.4% + €0.25 2.9% + €0.25
      Slovenia 1.4% + €0.25 2.9% + €0.25
      Spain 1.4% + €0.25 2.9% + €0.25
      Sweden 1.4% + 1.80kr 2.9% + 1.80kr
      Switzerland 2.9% + 0.30fr
      United Arab Emirates (UAE) 1.9% + AED1 +1% for international cards

      * An additional 0.60% + 0.30 is added on top of your transaction when using the Advanced Payments add-on with card not present transactions.


      All transaction fees are automatically logged as Expenses in your FreshBooks account. You can also log into your Stripe dashboard to see your account-specific pricing and fees deducted from your transactions. For more information on processing fees, visit Stripe. Note that transaction fees are not refunded if a refund is processed.

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