Our Pay-As-You-Go plan is an easy model
You don’t pay a cent using the platform until students book. When they do, you’ll immediately receive the revenue in full less our 3.49% fee (subject to a $0.50 minimum).
All payments are taken via our third party provider, Stripe and you will need to cover the cost of your own payment processing fees, and these are typically between 1.4% and 2.9%.
✓ No monthly or setup fees & no contract
✓ Pay our 3.49% fee only when a student books with you
✓ You get paid within 3 days direct from Stripe
P.S. You can elect to charge your customers a “service fee” to cover some of your transaction costs when buying a gift card to cover these costs, and you’ll also get to keep any unused gift cards value (which usually runs at around 10-15% of overall sales – this more than covers these fees on its own!).
Don’t want to pay our 3.49% fee?
If you’re happy to pay in advance you can buy a pre-paid revenue bundle to suit your requirements and save up to
45% off our pay-as-you-go rates.
Does the YLOODrive fee include payment processing fees?
No. We use your Stripe to take payments on your behalf, so they also charge a small fee which can vary based on your country (see Stripe). Our 3.49% fee does not include the payment processing fee levied by your Stripe account, but you can pass some or all of the transaction fees to your customers.
However, in most cases, this is generally irrelevant as you only pay payment processing fees once,