Club Billing - Credit Card / Electronic Payment Fees

If you and your club are collecting payments through Commit, there are a few processing fees to be aware of.

- Stripe's fees are 2.8% + $0.20 per transaction.

- Commit charges an additional 0.9% on all transactions.

This is means the total processing fees are 3.7% + .20 per transaction.

To calculate your fee for an invoice, please referemce this formula:

x = the base charge

y = the fee

(x + 0.2) / (1-.037) - x = y

You can choose to absorb these fees or have your families pay them.

1. To absorb the fees, sign in at https://team.commitswimming.com/

Navigate to the Settings Menu in the left hand menu bar.

Open the TEAM SETTINGS tab

Scroll down to the bottom and make sure "Pass on processing fees" is turned off.

Example of what will happen:

You bill an account with an invoice for $100

The account owner receives an invoice for $100 exactly.

The owner pays and Stripe processes the payment, deducting the fees.

Your club will receive the remaining $95.95 ($4.05 fee)

1. To pass the fees along to your swimmers/families, sign in at https://team.commitswimming.com/

Navigate to the Settings Menu in the left hand menu bar.

Open the TEAM SETTINGS tab

Scroll down to the bottom and make sure "Pass on processing fees" is turned on.

Example of what will happen:

You bill an account with an invoice for $100

The account owner receives an invoice for $100 + processing fees ($4.05)

The owner pays and Stripe processes the payment, deducting the fees.

Your club will receive the billed amount pf $100

Updated: February 02, 2023