If you want to calculate the processing fee charged by Stripe to bill back to your clients who pay by credit card through BlinkBid, utilize the following formula.
Job Amount | 1000.00 |
Stripe Fee | 2.90% + 30¢ |
Amount to Charge | 1,030.17 |
The calculation:
Job Amount/(1-Stripe Fee)+.30 = 1,030.17
Or, in the example above:
1000/(1-.029)+ .30 = 1,030.17