What are the Fees for Operoo Payments?
Operoo Payments is powered by Stripe, and it offers a convenient way to collect money from your members with no setup fees or monthly charges. The fees are competitive, and they vary by card type and geographical location.
This simplicity and integration make it a strong choice for organisations wanting streamlined payment collection with minimal administrative burden. For more information regarding the various fees per transaction and how this differs based on geolocation, please visit the support article in the link provided below.
Card Types:
VISA, MasterCard, or American Express
Example:
Using Stripe, for a payment request of $100.00 for Australia, the total transaction fee for a domestic card is computed as $1.95 + $0.40 = $2.35.
NOTES:
- No monthly fees
- No minimum transaction volumes
- You are only charged for successful transactions.
- The above fees are deducted from the payment amount, unless you use the 'Pass Fees On' feature. The remainder is deposited into your nominated bank account (only available for Simple Cart).
- No fees for refunds and failed charges. Some additional fees may apply in case of disrupted transactions.
- International cards are not accepted by default. The profile owner's card must be issued in the country where the organisation is based.
- The first transfer that Stripe makes to your bank will usually take 7–10 days to post in Australia, the US, or Canada, and can take up to 10 days to post to UK and EU accounts. Payouts are then bundled together and usually paid out within 2 business days.
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