Fees

Whop offers different fee structures based on whether it acts as the Merchant of Record (MoR) for your business or if you use your own payment processor.

By default, upon signing up for Whop, you'll use Whop Payments, with Whop as the MoR, handling disputes, taxes, and refunds. This setup reduces your administrative load, allowing focus on product development. Whop, as MoR, is US-based, with domestic customers incurring domestic card processing fees, and international customers incurring international fee.

With Whop Payments, you'll face payment processing fees plus a 3% platform usage fee. This 3% represents our platform fee. Initial payment processor fees are absorbed by us and then passed on to you.

Let's delve into our payment processing breakdown:

1. Standard Card Processing Fees:
   • Domestic transactions: 2.9% + $0.30 per transaction.
   • International transactions: 3.9% + $0.30 per transaction, applicable when the customer is outside the U.S.
2. Invoice Fees:
   • Our processor charges a 0.5% fee to manage payment cycles and invoicing, applicable to all payments, including one-time payments.
3. Tax Fees:
   • As the Merchant of Record (MoR), we're responsible for tax calculation, collection, and remittance. Our processor applies a 0.5% fee per transaction, with taxes collected alongside payments for remittance to the government.
4. Fraud Prevention Fees:
   • Each transaction undergoes fraud detection via machine learning algorithms, incurring a fee of $0.07 per transaction.
5. Withdrawal Fees:
   • Our processor charges a withdrawal fee of 0.25%. For withdrawals outside the U.S., there's an additional 1% cost for cross-border payouts.
6. Early Dispute Alert Fees (applicable if customer disputes):
   • We deploy early dispute alerts at $29 per alert, automatically refunding payments before disputes escalate. Though costlier, this safeguards prolonged payment processing by maintaining a low dispute rate. Accounts with high dispute rates face automatic shutdown. Payments under $100 are auto-refunded, with the option to adjust limits for Mastercard payments. Visa payment limits are fixed due to enrollment in their RDR program.
7. Dispute Fees (applicable if customer disputes and not auto-refunded):
   • Dispute resolution incurs a fee of $15 per dispute, which we pass on to you.

If you integrate with your own payment processor like Stripe Standard, Whop applies a simple 3% flat charge. With this option, you assume responsibility for all the aforementioned fees; we don't levy any additional charges. You're directly responsible for settling fees with the processor. This same arrangement applies to Coinbase Commerce and PayPal integrations.

If you have any additional questions or concerns please reach out to us on our Discord or email us at support@whop.com