Stripe: Breakdown of Fees


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

There are two major fees taken on each registration - UTR Sports fees and Stripe fees. The percentage of fees that go to UTR Sports 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: UTR Sports cut of registration fee + event verified fee (waived for power subscribers) + service fee (vary per country)
  • Net: What you earn from the total amount.


Example 1: Non Power user, with UTR Sports fee


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

Stripe fee: $57.99 X 2.9% + $0.30 = $1.98  

The application fees consist of three things - UTR Sports fees, verified fees, and service fees. The verified fee is waived for those players subscribed to Power. In the example above, the player does not have any Power subscription. This means that the player will pay $12 verified fee in addition to the event fee, in this case it's $44. Thus, the application fee is calculated as:

Application fee: $4.4 (UTR Sports fee) + $12 (verified fee) + $1.99 (service fee) = $18.39

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


Example 2: Non-Power user, without UTR Sports fee

Let's take another example from the payment made in the United States.

The customer paid a total of $48.99 in which the registration fee for the event was $35. Since the customer is not subscribed to Power Players, they paid $12 to register for the verified event hence, $35 + $12 + $1.99 (service fee) = $48.99.

The calculation for the Stripe processing fee is as follows: $48.99 X 2.9% + $0.30 = $1.72. In total, the provider will get $33.28 into their Stripe account.

Note: The processing fees are non-refundable fees from Stripe.

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

US$5.00

US$12.00

 2.9% + $0.30

Australia

AU$5.00

AU$5.00

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

CA$5.00

CA$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

MX$51.00

MX$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

NZ$4.00

NZ$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

SG$5.00

SG$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

HK$39.00

HK$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)


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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