OpenSports integrates with Stripe for payments across its web and mobile apps, allowing easy collection of event fees or team payments.
Stripe Fees:
Fees vary by country. Typically in the United States and Canada there's a 2.9% percentage fee and a fixed fee of $0.30 per transaction. See Stripe's Pricing for details.
OpenSports Fee:
OpenSports charges an additional 3% fee for our integrated features, helping you efficiently manage games and leagues.
How to Calculate the Charge Per Ticket:
When setting up an event, you need to consider these fees to ensure you collect the intended amount per ticket.
Formula:
To find out how much to charge per ticket, use this formula:
Amount to Charge = (Desired Amount + $0.30) / 0.941
- 0.941: Represents what you keep after fees (94.1%). This is 100% minus the total fees (2.9% for Stripe + 3% for OpenSports).
Example:
If you want to collect $10 per player:
- Calculation: Amount to Charge = ($10 + $0.30) / 0.941 ≈ $10.95
This means you should charge $10.95 per ticket.