Understanding the Fees Breakdown
When an order is placed in goimagine there are 3 primary fees taken out of the sale from the seller. These include:
- goimagine's Transaction Fee (includes product price and shipping)
- Sales Tax (which is remitted to the state on the seller's behalf)
- Stripe Fees for the payment processing
To see the breakdown of fees for a specific order go to your payments in Stripe. Then hover over the 'i' next to the fee in the payment details. From there you will see:
- goimagine Application Fee which includes BOTH the transaction fee from goimagine and sales tax which is remitted to the state.
- Stripe Processing fees
In the below example we see there was a payment of $16.70. After the following fees:
0.79 Cents for 5% goimagine fee (Based on $15.75 of the product and shipping amount)
0.95 Cents for Sales Tax
0.78 Cents for Stripe Processing Fee
The remaining amount for the vendor is $14.18