Stripe: Breakdown of Fees


This article enumerates the fees taken off on each payment received in Stripe - the platform used for running Universal Tennis Events.

There are two major fees taken on each registration - Universal Tennis fees and Stripe fees. The percentage of fees that goes to Universal Tennis is indicated on your contract while Stripe fees differ per country. You can refer to the table below for the full list.

You can view the fees of each payment within your stripe.com account. Select one of the transactions on your account and click the “i” to show the breakdown of fees. You'll see the following information:

  • Amount: The total amount the player paid to register for your event.
  • Fee: The total deductions from the registration fee. 
    • Stripe processing fees: Non-refundable fees from Stripe. 
    • Application fees: Universal Tennis cut of registration fee + event verified fee (waived for power subscribers).
  • Net: What you earn from the total amount.


Example 1:



Since this payment is made in the United States, we’ll use the following Stripe fee structure:

Stripe fee: $62 X 2.9% + .30 = $2.10    

The application fees are consists of two things - Universal Tennis fees and verified fees. The verified fee is waived for those players subscribed to Power. In the example above, the player does not have any Power subscription and thus, the application fee is calculated as:

Application fee: $12 (verified fee) + $5 (Universal Tennis fee) = $17

Note: The Universal Tennis fee differs depending on your Club type. You can contact your Account Manager to confirm your Universal Tennis fee.


Example 2:


This payment is made in Slovenia and we'll use the following Stripe fee structure: 

Stripe fee: €20.54 X 1.4% + 0.25 = €0.54

In this case, the Club’s contract does not include a Universal Tennis fee, and the verified fee event for the player is waived due to a Power subscription.

You can use the table below for reference on the fees applicable per country. Fees are subject to change - please check Stripe.com

Countries

Minimum Registration Fees

Verified Fees

Stripe fees

United States

$5.00

$12.00

 2.9% + $0.30

Australia

$5.00

$0.00

1.75% + $0.30


Austria


€3.00


€6.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Belgium


€3.00


€6.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Bulgaria


Lev 4.00


Lev 8.00

1.4% + Lev 0.50

(European cards)

2.9% + Lev 0.50

(non-European cards)

Canada

$5.00

$10.00

2.9% + $0.30


Czech Republic


CZK 54.00


CZK 108.00

1.4% + CZK 6.50

(European cards)

2.9% + CZK 6.50

(non-European cards)


Denmark


16.00 kr



31.00 kr

1.4% + 1.80 kr

(European cards)

2.9% +  1.80 kr

(non-European cards)

Finland

€4.00

€8.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


France


€3.00


€6.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Germany


€3.00


€6.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Greece


€2.00


€4.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Hungary


HUF748.00


HUF1495.00

1.4% + HUF 85

(European cards)

2.9% + HUF 85

(non-European cards)


Ireland


€2.00


€4.00

1.4% + 0.10€

(European cards)

2.9% + 0.10€

(non-European cards)


Italy


€2.00


€4.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)

Malaysia

MYR11.00

MYR21.00

3% + MYR 1.00

Mexico

$51.00

$102.00

3.6% + $3.00


Netherlands


€3.00


€6.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)

New Zealand

$4.00

$7.00

 2.9% + $0.3.00


Norway


30.00 kr


60.00 kr

1.4% + 2.00 kr

(European cards)

2.9% + 2.00 kr

(non-European cards)

Romania

RON10.00

RON20.00

1.4% + RON 1.00

(European cards)

2.9% + RON 1.00

(non-European cards)

Singapore

$5.00

$9.00

3.4% + $0.50


Slovenia


€2.00


€4.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Spain


€2.00


€4.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)


Sweden


21.00 kr


42.00 kr

1.4% + 1.80 kr

(European cards)

2.9% + 1.80 kr

(non-European cards)

Switzerland

CHF3.00

CHF6.00

2.9% + CHF 0.30

UAE

AED19.00

AED26.00

2.9% + AED 1


United Kingdom


£3.00


£5.00

1.4% + 0.20

(UK cards)

2.9% + 0.20

(non-UK cards)

Hong Kong

$39.00

$78.00

3.4% + $2.35

Japan

¥529

¥1,057

3.6%

Portugal

€2.00

€4.00

1.4% + 0.25€

(European cards)

2.9% + 0.25€

(non-European cards)

For easy computation, you can access this free calculator app 


Still unsure about the calculated fees? You can reach out to the Support Team and they’ll take a further look!

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