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What are the processing fees when accepting payments in person?
What are the processing fees when accepting payments in person?

Here's the breakdown of processing fees when utilizing Reader payments

Jake Scotto avatar
Written by Jake Scotto
Updated over 6 months ago

Card Reader Fees

Stripe's fees for in-person/reader transactions are only 2.7% + $0.30 processing fees per charge, which Stripe calls the 'Transaction Fee'.

If the customer's card is in a different currency than your bank account, Stripe will add an additional 2% "International Fee" per charge. Learn more about Stripe's "International Fee" here.

Stripe also charges 0.25% on any credit or debit card transaction (in-person or online) to cover the 'Transfer Fee.'

When in-person/card reader transaction payments are made, both the 'Transaction Fee' and 'Transfer Fee' are applied.

You can learn more about why in-person transaction fees are lower here and how these fees are calculated here.

In-person payments require an active WiFi connection


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