Pricing and Fees for using Stripe payment processing within the Retention Pro Text to Pay
US Pricing:
2.9% plus 30 cents per payment. This fee is directly from Stripe and Retention Pro does not charge anything additional to use this feature.
When does the fee come out?
The 2.9% +0.30 cents is taken out before the deposit is put into our customer's account.
Example: If a customer is charged $100 dollars then Stripe will deposit $96.80
Canada Shops Pricing
C$0.30 + 2.9% This is charged using the Canadian dollar
First Deposit From Stripe Into Bank
The initial deposit may take between 2 to 10 days for the first time. However, subsequent deposits should only take around 2 days to reflect in your bank account.
There is a 2-day payment delay, and deposits are processed on all working days. Transactions made on Monday will be deposited on Wednesday, Tuesday's transactions on Thursday, and so forth. Transactions from Thursday and Friday will be deposited on Monday.