Recurring Billing Fee

For Ream Managed and the Direct Integration

Arielle

Last Update לפני 4 חודשים

Our payment processor, Stripe, charges a 0.5% fee on all recurring transactions. This means that every transaction part of your subscriptions has a 0.5% fee tacked onto it. This fee is in place to enable automatic payment retries with associated banks and card networks.


This ability helps authors recoup ~70% of failed payments without any intervention or contact with their readers. With 5 - 7% of payments failing routinely each month due to issues like expired credit cards or unavailable balances, this 0.5% fee recoups our authors on average 3 - 4% extra revenue each month.

Was this article helpful?

0 out of 0 liked this article

Still need help? Message Us