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What Are the Processing Fees When Accepting Payments In Person?

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

Written by Jake Scotto
Updated over 3 months ago

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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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