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Can ClubZap pass on Card Fees to the payer?

Details on how passing on card fees is implemented

Updated over a month ago

The ClubZap platform can enable clubs to pass on card processing fees for both membership payments and product sales such as fundraising. This is normally done when a club needs to clear a specific amount from the payment.

ClubZap can pass on card fees for both once off and subscription payments (instalments). If you would like this setup please email support@clubzap.com

How are the card fees calculated?

Every club will have a transaction fee associated with payments which covers Stripe and ClubZap fees. This transaction fee is agreed when a club comes onboard with ClubZap with more preferential rates applicable when a club signs up for a multi year contract.

Example: Club on a card fee of 3.25% +10c

Member Type: Juvenile (U11-U16) Costing €120

Goal Amount = €120

Fixed Fee: 10c

Percentage Fee: 3.25%

Calculation:

(Goal Amount + Fixed Fee) / (1 - (Percentage Fee / 100))

= (120 + 0.10) / (1- (3.25% /100))

= (120+0.1) / (1- 0.0325)

= 120.10 / 0.9675

= €124.13

Note: the fees need to be calculated on the total amount billed to the card… not the amount the club are expecting

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