Gated Content Fees
Any time a viewer purchases Gated Content for a Collection, fees are associated with the transaction and deducted from the Switcher user's gross payout. Types of Gated Content include Passes and Subscriptions. Passes are one-time purchases that allow access to a single video or collection of videos as long as the video and player are available. Subscriptions are recurring purchases that allow viewers access to a collection of videos that can be updated on an ongoing basis.
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One-Time Pass Fees
Switcher users incur fees for each pass purchase of Gated Content on their Collection. Each fee type and the associated amount deducted from the One-Time Pass is explained below.
Switcher Studio Transaction Fee: $0.99 USD
Switcher charges users a $0.99 USD transaction fee each time a viewer purchases a Pass for Gated Content on a Collection.
Stripe Payment Processing Fee: 2.9% + $0.30 USD
When a viewer purchases a video through your Collection, the payment is securely processed by Stripe. Stripe charges a fee of 2.9% of the total transaction amount + $.30 USD per transaction.
Stripe Checkout Invoicing Fee: 0.4%
To utilize Stripe Checkout invoicing, Stripe charges a 0.4% fee on the transaction total. This fee has a maximum of $2 USD. There are additional settings that you may be enabled in your Stripe account settings. If enabled, additional fees may be incurred from Stripe.
Combined Fees
To calculate the total fees associated with One-Time Pass purchases, you can add the fees charged by Switcher and Stripe.
For example, if a pass is $10, the total fees are calculated as follows:
- Switcher Transaction Fee: $0.99
- Stripe Processing Fee: 2.9% + $0.30 of $10 = $.29 + $0.30 = $0.59
- Stripe Checkout Invoice Fee: 0.4% of $10 = $0.04
- Total Fees: $0.99 + $0.29 + $0.30 + $0.04 = $1.62
- Net Payout (Purchase Price - Total Fees): $8.38
Subscription Pass Fees
Switcher users incur fees for each Subscription purchase of Gated Content on their Collection. Subscriptions can be purchased on a monthly or annual recurring basis, which is set by the Switcher user. Below each fee type and the associated amount that is deducted from Subscription Pass purchases is explained.
Switcher Monthly Subscription Transaction Fee: $0.99 USD
Switcher charges users a $0.99 USD transaction fee each time a viewer’s monthly subscription renews for access to Gated Content on a Collection.
Switcher Annual Subscription Transaction Fee: $11.88 USD
Switcher charges users a $11.88 USD transaction fee each time a viewer’s annual subscription renews for access to Gated Content on a Collection.
Stripe Payment Processing Fee: 2.9% + $0.30 USD
When a viewer purchases a video through your Collection, the payment is securely processed by Stripe. Stripe charges a fee of 2.9% of the total transaction amount + $.30 USD per transaction.
Stripe Checkout Invoicing Fee: 0.4%
To utilize Stripe Checkout invoicing, Stripe charges a 0.4% fee on the transaction total. This fee has a maximum of $2 USD. There are additional settings that you may be enabled in your Stripe account settings. If enabled, additional fees may be incurred from Stripe.
Stripe Billing Fee: 0.7%
To utilize Stripe Billing, Stripe charges a 0.7% fee on the transaction total. There are additional settings that you may be enabled in your Stripe account settings. If enabled, additional fees may be incurred from Stripe.
Combined Fees
To calculate the total fees associated with Subscription purchases, you can add the fees charged by Switcher and Stripe.
For example, if a monthly subscription is $10, the total fees are calculated as follows:
- Switcher Transaction Fee: $0.99
- Stripe Processing Fee: 2.9% + ($0.30 of $10 = $.29 + $0.30): $0.59
- Stripe Checkout Invoice Fee: 0.4% of $10: $0.04
- Stripe Billing Fee: 0.7% of $10: $0.07
- Total Fees: $0.99 + $0.29 + $0.30 + $0.04 + $0.05: $1.67
- Net Payout (Purchase Price - Total Fees): $8.35
If an annual subscription is $100, the total fees are calculated as follows:
- Switcher Transaction Fee: $11.88
- Stripe Processing Fee: 2.9% + ($0.30 of $100 = $2.90 + $0.30): $3.20
- Stripe Checkout Invoice Fee: 0.4% of $100: $0.40
- Stripe Billing Fee: 0.7% of $100: $0.70
- Total Fees: $11.88 + $0.29 + $0.30 + $0.04 + $0.05: $15.98
Net Payout (Purchase Price - Total Fees): $84.22