# Stripe: What You Need to Know Makenot.work uses [Stripe](https://stripe.com) as its payment processor. This page collects the Stripe-specific details that affect your costs, payouts, and operations as a creator. --- ## Processing Fees Stripe charges a per-transaction fee on every fan payment. The exact rate depends on your country: | Region | Rate | |--------|------| | United States | {{ stripe.percent | percent }} + {{ stripe.fixed | money }} | | Canada | 2.9% + C$0.30 | | United Kingdom | 1.5% + 20p (domestic), 3.25% + 20p (EU) | | EU (most countries) | 1.5% + €0.25 (domestic), 3.25% + €0.25 (cross-border) | | Australia | 1.75% + A$0.30 (domestic), 3.5% + A$0.30 (international) | | Japan | 3.6% | These rates change. Check [stripe.com/pricing](https://stripe.com/pricing) for your country's current rates. ### The Flat Fee Matters on Small Transactions The per-transaction flat fee ({{ stripe.fixed | money }} in the US) has a bigger impact on small sales: | Sale price | Stripe fee (US) | Effective rate | You keep | |---:|---:|---:|---:| | $1 | {{ derived.stripe_fee_on_1 | money }} | 33% | {{ derived.stripe_keep_on_1 | money }} | | $5 | {{ derived.stripe_fee_on_5 | money }} | 9% | {{ derived.stripe_keep_on_5 | money }} | | $10 | {{ derived.stripe_fee_on_10 | money }} | 5.9% | {{ derived.stripe_keep_on_10 | money }} | | $25 | {{ derived.stripe_fee_on_25 | money }} | 4.1% | {{ derived.stripe_keep_on_25 | money }} | | $50 | {{ derived.stripe_fee_on_50 | money }} | 3.5% | {{ derived.stripe_keep_on_50 | money }} | Bundling items (albums, packs) reduces the per-item impact of the flat fee. --- ## Payout Timing You choose your payout schedule in your [Stripe dashboard](https://dashboard.stripe.com/settings/payouts): | Schedule | When funds arrive | |----------|-------------------| | Standard | 2-3 business days | | Daily | Next business day | | Weekly | Your chosen day of the week | | Monthly | First of the month | | Instant | Immediately (Stripe fee, regional; see Instant Payouts below) | Timing and fees here are Stripe's and change without us knowing. Your Stripe dashboard is authoritative. ### First Payout New Stripe accounts typically have a 7-14 day hold on first payouts while Stripe verifies your account. After the initial hold clears, your chosen schedule applies. ### Minimum Payout Stripe requires a minimum balance before initiating a payout. In most regions this is $1 (or equivalent). You can set a higher threshold in your Stripe dashboard if you prefer larger, less frequent payouts. --- ## Currency Makenot.work is USD-only. Every price you set, every checkout session, and every subscription is created in US dollars, wherever you or your fan are. We do not support pricing in any other currency, and there is no setting to change this. ### What Your Fans See A USD charge. Their card issuer converts to their local currency at its own rate and may add a foreign transaction fee. That happens on their side of the transaction and does not appear in your Stripe dashboard. ### What You Receive If your Stripe account settles in USD, no conversion happens. If it settles in another currency, Stripe converts at payout. Conversion fees are typically 1-2% on top of the transaction fee, and the exact rate depends on the currency pair. You can see conversion detail on individual payouts in your Stripe dashboard. ### Minimum Charge Stripe rejects charges under $0.50 USD, so we block them before they reach Stripe. This applies to single items and to cart totals. Free items (price $0) are unaffected. --- ## Stripe Tax Stripe offers automatic tax calculation and collection. When enabled, Stripe determines the correct sales tax, VAT, or GST rate based on the buyer's location and adds it at checkout. ### Enabling Stripe Tax Toggle Stripe Tax from your payment settings on Makenot.work. Once enabled, it applies to all your checkout sessions (purchases, memberships, tips). ### What Stripe Tax Handles - Rate calculation based on buyer location (see [Stripe Tax](https://stripe.com/tax) for covered jurisdictions) - Collection at checkout - Tax reporting through your [Stripe Tax dashboard](https://dashboard.stripe.com/tax) ### What You Still Handle - **Registration**: You must register for tax collection in each jurisdiction where you have obligations. Stripe Tax tells you where you owe, but you register yourself. - **Remittance**: You file and pay collected taxes to the relevant authorities. - **Thresholds**: Monitor your sales volume by jurisdiction. Stripe Tax reports help with this. See [You're the Merchant of Record](../about/merchant-of-record.md#tax-tools-available-to-you) for guidance on when to pay attention to cross-border tax obligations. --- ## Chargeback Protection Stripe offers its own [Chargeback Protection](https://stripe.com/radar/chargeback-protection) product at 0.4% of transaction volume. It covers fraud-related chargebacks (stolen cards, unauthorized use). It does not cover "product not as described" or "unrecognized" disputes. You can enable it from your Stripe dashboard under Radar settings. This is a Stripe product, not a Makenot.work feature. --- ## Stripe Account Ownership Your Stripe connected account belongs to you. It is not controlled by Makenot.work. - If you leave Makenot.work, your Stripe account stays with you - Your transaction history, payout records, and tax documents remain in your Stripe dashboard - You can use the same Stripe account with other platforms or your own website --- ## Country Availability Two conditions, both required: - **Stripe Connect supports your country.** See [Stripe Global](https://stripe.com/global) for the current list. If it does not, you cannot receive payouts through Makenot.work, and we offer no alternative payment processor. - **Your Stripe account can charge in USD.** Because we are USD-only (see [Currency](#currency)), an account restricted by Stripe to its domestic currency cannot take payments here even when Connect supports the country. Stripe applies this restriction in some markets. Check with Stripe for your own country before you build a catalog. The second condition is the one creators miss. Country support and currency support are separate questions at Stripe, and we depend on both. If either affects you, contact us at info@makenot.work. --- ## Instant Payouts Available in [supported countries](https://docs.stripe.com/payouts/instant-payouts). Stripe charges 1% in CA, EU, UK, SG, NO, HK, MY; 1.5% in US, AU, NZ, AE (minimum $0.50). Funds arrive in your bank account within minutes. Availability depends on your bank and region. Check your Stripe dashboard to see if instant payouts are available for your account. --- ## Useful Stripe Links - [Stripe Dashboard](https://dashboard.stripe.com): Manage payouts, view transactions, configure settings - [Stripe Pricing](https://stripe.com/pricing): Current fees for your country - [Stripe Tax](https://dashboard.stripe.com/tax): Tax collection settings and reports - [Stripe Payouts](https://docs.stripe.com/payouts): Payout schedules, timing, instant payouts - [Stripe Global](https://stripe.com/global): Supported countries - [Stripe Support](https://support.stripe.com): Account issues, verification, disputes --- ## See Also - [You're the Merchant of Record](../about/merchant-of-record.md): What being the seller means for you - [Receiving Payouts](./payouts.md): Full payout guide including tax information - [Payments & Refunds](../legal/payments.md): Payment flow, chargebacks, refund handling - [Pricing Tiers](./tiers.md): What each tier costs and includes