If you enable payable invoices there are 2 fees -- credit card fees, and a Lobiloo fee.
Here's how the fee structure works:
Diagram adopted from Stripe.
Stripe fees
Credit card fees are nearly unavoidable. Stripe, our backend processor, charges 2.9% + 30 cents per transaction. As more Lobiloo clients enable payable invoices, however, this fee will drop to 1.9%.
Lobiloo Fee
This fee is collected by Lobiloo and used to maintain your account. Stripe charges us a few dollars per month, per account, and we've dedicated significant developer resources to manage this feature.
How it works: $10 per month for unlimited transaction volume.
(If you do not enable payable invoices, you will not be charged.)
Net Earnings
The amount of money that will be deposited directly into your bank.
Stripe fees are deducted from your client's payment, and the Lobiloo fee will be charged just like your regular subscription.
Want a discount?
Commit to the Payable Invoices feature on an annual basis and we'll give you 2 months free. Email [email protected] to upgrade your account.