Stripe
Stripe transaction fees & payout speeds
Learn about Stripe transaction fees & payout speeds in ServiceM8.
The cost of accepting credit & debit card payments through ServiceM8 & Stripe is on a pay-as-you-go, per-transaction basis.
Transaction fees and payout speeds vary depending on the country in which your Stripe account is registered. The fees below were last updated in May 2024.
| Country | Stripe fee | ServiceM8 fee | Total transaction fee | Payout speed |
|---|---|---|---|---|
| Australia* | 30 cents + 1.70% | 0.20% | 30 cents + 1.90% | 2 business days |
| Canada* | 30 cents + 2.90% | 0.20% | 30 cents + 3.10% | 3 business days |
| Ireland* | 25 cents + 1.50% | 0.20% | 25 cents + 1.70% | 3 business days |
| New Zealand* | 30 cents + 2.70% | 0.20% | 30 cents + 2.90% | 4 business days |
| United Kingdom* | 20 pence + 1.50% | 0.20% | 20 pence + 1.70% | 3 business days |
| United States of America* | 30 cents + 2.90% | 0.20% | 30 cents + 3.10% | 2 business days |
| Other | See Stripe | 0.20% | See Stripe |
*Listed fee is for standard domestic cards only. A higher fee applies to process premium or international cards. Refer to Stripe’s pricing page for your region for more details.
Australia from 1 October 2026: The total transaction fee for standard domestic cards will be 1.85% + 30 cents, comprising a Stripe fee of 1.65% + 30 cents and a ServiceM8 fee of 0.20%.
For payments accepted using Tap to Pay on iPhone, the “fixed” proportion of the processing fee is lower than the standard rates, being 15c in Australia (i.e. 15c + 1.95%) and 10c in USA (i.e. 10c + 3.10%).
Want a better rate or faster payouts?
The Stripe Payments add-on is a legacy payment option. ServiceM8 Pay is ServiceM8’s current and recommended payments solution, offering:
- Great rates.
- Next-business-day payouts to your nominated bank account.
- Card payment limits you can set to manage processing costs on higher-value online invoices.
- Deposits to collect pre-payment when your client accepts a quote.
See ServiceM8 Pay card processing fees & payout speed to check availability and compare rates in your country.
ServiceM8 Pay requires a capped plan subscription, such as Starter or Growing.
Stripe processing fees
Where card surcharging is available, you can choose to pass on the card payment processing fees to your clients some or all of the time. See How to pass on card payment processing fees.