Raklet offers Stripe as the default payment gateway.
There are fees for all the online transactions that go through our platform. Stripe fees depend on the country and you can review their rates on the Stripe pricing page.
Raklet fees depend on your subscription. You can see the details on our pricing page.
The fees are starting from %4 + $0.60 per charge on the Free plan and %1 + $0.60 per charge on Premium plans. We also offer custom fees with our Enterprise plans.
For instance, if you’re using Raklet Premium, the following scenario will apply.
Customer pays $100, Raklet fee would be $1.60 (%1 + $0.60).
Stripe charges different fees for each country. For example, for the US, charges %2.90 + $0.30 which makes $3.20 in total.
Where does the money go, and when do I get paid?
Payments go directly to you. When you activate payments, you connect your own Stripe account to Raklet. Each card payment is charged on your Stripe account, and Stripe sends the funds to your bank account. Raklet does not hold your money. The Raklet fee is deducted automatically at the time of each charge.
Stripe sets the payout timing, not Raklet. It depends on your country and your Stripe settings. For established accounts it is usually a few business days. Your first payout can take around 7–14 days while Stripe verifies your account. You can view or change your payout schedule (daily, weekly or monthly) in your Stripe dashboard under Settings → Payouts.
Do coupons or discounts cost extra?
No. There is no extra fee for creating or using coupons. Fees are calculated on the amount the member actually pays after the discount. For example, if a $100 membership is discounted by 20%, the member pays $80 and fees are calculated on $80. If a coupon brings the price down to $0, no charge is made, so no transaction fees apply.
Payments you record manually, such as bank transfers or cash, don't go through Stripe, so no transaction fees apply to them either.
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