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# Stripe: What You Need to Know |
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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. |
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## Processing Fees |
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Stripe charges a per-transaction fee on every fan payment. The exact rate depends on your country: |
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| United States | {{ stripe.percent | percent }} + {{ stripe.fixed | money }} | |
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| Canada | 2.9% + C$0.30 | |
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| United Kingdom | 1.5% + 20p (domestic), 3.25% + 20p (EU) | |
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| EU (most countries) | 1.5% + €0.25 (domestic), 3.25% + €0.25 (cross-border) | |
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| Australia | 1.75% + A$0.30 (domestic), 3.5% + A$0.30 (international) | |
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| Japan | 3.6% | |
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These rates change. Check [stripe.com/pricing](https://stripe.com/pricing) for your country's current rates. |
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### The Flat Fee Matters on Small Transactions |
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| Sale price | Stripe fee (US) | Effective rate | You keep | |
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| $1 | $0.33 | 33% | $0.67 | |
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| $5 | $0.45 | 9% | $4.55 | |
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| $10 | $0.59 | 5.9% | $9.41 | |
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| $25 | $1.03 | 4.1% | $23.98 | |
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| $50 | $1.75 | 3.5% | $48.25 | |
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Bundling items (albums, packs) reduces the per-item impact of the flat fee. |
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## Payout Timing |
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You choose your payout schedule in your [Stripe dashboard](https://dashboard.stripe.com/settings/payouts): |
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| Standard | 2-3 business days | |
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| Daily | Next business day | |
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| Weekly | Your chosen day of the week | |
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| Monthly | First of the month | |
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| Instant | Immediately (Stripe fee, regional; see Instant Payouts below) | |
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### First Payout |
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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. |
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### Minimum Payout |
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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. |
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## Currency Conversion |
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If your fans pay in a different currency than your Stripe account's settlement currency, Stripe converts automatically. Conversion fees are typically 1-2% on top of the transaction fee. The exact rate depends on the currency pair. |
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You can see conversion details on individual transactions in your Stripe dashboard. |
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### Multi-Currency Pricing |
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Stripe supports [135+ currencies](https://docs.stripe.com/currencies) for payment. Fans are charged in their local currency when available. |
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## Stripe Tax |
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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. |
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### Enabling Stripe Tax |
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Toggle Stripe Tax from your payment settings on Makenot.work. Once enabled, it applies to all your checkout sessions (purchases, memberships, tips). |
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### What Stripe Tax Handles |
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- Rate calculation based on buyer location (50+ countries, all US states) |
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- Collection at checkout |
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- Tax reporting through your [Stripe Tax dashboard](https://dashboard.stripe.com/tax) |
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### What You Still Handle |
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- **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. |
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- **Remittance**: You file and pay collected taxes to the relevant authorities. |
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- **Thresholds**: Monitor your sales volume by jurisdiction. Stripe Tax reports help with this. |
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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. |
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## Chargeback Protection |
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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. |
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You can enable it from your Stripe dashboard under Radar settings. This is a Stripe product, not a Makenot.work feature. |
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## Stripe Account Ownership |
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Your Stripe connected account belongs to you. It is not controlled by Makenot.work. |
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- If you leave Makenot.work, your Stripe account stays with you |
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- Your transaction history, payout records, and tax documents remain in your Stripe dashboard |
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- You can use the same Stripe account with other platforms or your own website |
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## Country Availability |
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Stripe supports creators in [46+ countries](https://stripe.com/global). If your country is not supported, you cannot receive payouts through Makenot.work. We do not currently offer an alternative payment processor. |
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If Stripe availability affects you, contact us at info@makenot.work. |
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## Instant Payouts |
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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. |
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Availability depends on your bank and region. Check your Stripe dashboard to see if instant payouts are available for your account. |
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## Useful Stripe Links |
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- [Stripe Dashboard](https://dashboard.stripe.com): Manage payouts, view transactions, configure settings |
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- [Stripe Pricing](https://stripe.com/pricing): Current fees for your country |
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- [Stripe Tax](https://dashboard.stripe.com/tax): Tax collection settings and reports |
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- [Stripe Payouts](https://docs.stripe.com/payouts): Payout schedules, timing, instant payouts |
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- [Stripe Global](https://stripe.com/global): Supported countries |
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- [Stripe Support](https://support.stripe.com): Account issues, verification, disputes |
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## See Also |
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- [You're the Merchant of Record](../about/merchant-of-record.md): What being the seller means for you |
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- [Receiving Payouts](./payouts.md): Full payout guide including tax information |
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- [Payments & Refunds](../legal/payments.md): Payment flow, chargebacks, refund handling |
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- [Pricing Tiers](./tiers.md): What each tier costs and includes |
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