Whop has different fees depending on whether Whop acts as the Merchant of Record (MoR) for your business or if you choose to use your own payment processor.

By default when you sign up for Whop, you will use Whop Payments. With Whop Payments, Whop will serve as the MoR (Merchant of Record). This means, Whop is liable for disputes, taxes, and refunds. This significantly reduces the burden on you so you can focus on building your product. As MoR, Whop is located in the US. So, if your customer is located in the US, they will pay domestic card processing fees, and if they are located outside of the US, they will pay international card processing fees.

When you sign up for Whop Payments, we will charge you payment processing fees + a 3% take rate. This 3% take rate is our fee for using our platform. The payment processor fees are charged to us and we pass them onto you.

Let's break down our payment processing fees:

  1. Standard card processing fees
    Domestic card processing fees are 2.9% + $0.30 per transaction. International card processing fees are 3.9% + $0.30 per transaction. It is international when the customer is outside the U.S.

  2. Invoice fees
    In order to manage payment cycles and handle invoicing, our processor charges 0.5%. This is charged on all payments, including one-time payments.

  3. Tax fees
    As MoR, we are required to calculate, collect, and remit tax. Our processor charges a 0.5% fee per transaction. We will also collect the tax as a "fee" so we can remit it to the government to pay taxes.

  4. Fraud prevention fees
    We scan each transaction through a machine learning algorithm to detect fraud before it is processed. Our processor charges $0.07 per transaction for this.

  5. Withdrawal fees
    Our processor charges 0.25% per withdrawal. If you are located outside the US, there is another 1% cost for cross border payouts.

  6. Early dispute alert fees (only applicable if customer disputes)
    We prevent disputes by using early dispute alerts, which cost $29 per alert. With these, we will automatically refund the payment before it turns into a dispute. Although more expensive, this ensures you can continue to process payments for a long time as your dispute rate remains low. Our processor will automatically shut down your account if you have a high dispute rate. Any payment under $100 will be automatically refunded. You can raise this limit for Mastercard payments. The limit for Visa payments cannot be changed since we are enrolled in their RDR program.

  7. Dispute fees (only applicable if customer disputes and not auto refunded)
    Dispute fees are $15 per dispute. We will pass this fee onto you if a dispute occurs.

If you choose to integrate your own payments processor such as Stripe Standard, Whop simply charges 3% flat. This means you will be responsible for all the fees listed above. We will not charge you for any of the fees listed above. You will be responsible for paying the processor directly. The same is true for Coinbase Commerce and PayPal

Simplified breakdown:

Whop Payments3% + payment processing fees
Stripe Integration3% (you pay processing fees directly to Stripe)
Coinbase Commerce3% (you pay processing fees directly to Coinbase)
PayPal3% (you pay processing fees directly PayPal)
Whop Marketplace Sales30%

If you have any additional questions or concerns please reach out to us on our Discord or email us at support@whop.com