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% |
Amount to Charge | 1,029.8 |
The calculation:
Job Amount/(1-Stripe Fee)= 1,029.87
Or, in the example above:
1000/(1-.029)= 1,029.87