Ticket Falcon Payout Calculation Tool Tip
The Ticket Falcon payout amount might account for Stripe's credit card processing fee if this option was selected on the create/edit event page. Stripe's credit card processing fees are 2.9% + $.30 per order (transaction) but can vary by event organizer.
The following calculates the TF payout if the Stripe credit card fees are not passed on to the ticket buyer and the TF fees are passed on to the ticket buyer. Let’s say the face value of the ticket is $50, and the Ticket Falcon service fee = $2.50. Since Stripe's U.S. online payment processing fees are 2.9% + $.30 per order (transaction), your Stripe fee calculation = ($52.50 x 2.9%) + $.30 = $1.82. In this case, you will receive $48.18 net to your Stripe account.
Calculation explained:
- $52.50 payment for order
- -$2.50 Ticket Falcon service fee
- -$1.82 Stripe payment processing fee
- =$52.50 -$2.50 -$1.82 = $48.18 net to your Stripe account*
The following calculates the TF payout if the Stripe credit card and TF fees are passed on to the ticket buyer. Let’s say the face value of the ticket is $50, and the Ticket Falcon service fee = $2.50. Since Stripe's U.S. online payment processing fees are 2.9% + $.30 per order (transaction), your Stripe fee calculation = ($52.50 + $0.30) / (1 - 2.9%) = $54.38 - $52.50 = $1.88. In this case, you will receive $50.00 net to your Stripe account.
Calculation explained:
- $54.38 payment for order
- -$2.50 Ticket Falcon service fee
- -$1.88 Stripe payment processing fee
- =$54.38 -$2.50 -$1.88 = $50.00 net to your Stripe account*
Visit your Stripe Dashboard to see the exact payout, including Stripe and Ticket Falcon fees.
*Calculation assumes the Stripe credit card processing fee is 2.9% + $.30 per order (transaction).
**Calculation assumes the Ticket Falcon service fee is passed on to the ticket buyer.