I got this reply, but still not really sure I understand!
Great question, and thanks for reaching out for clarification!
The transaction fee is calculated from the total before taxes and is automatically taken from the client’s profits. Here’s an example of a $10.00 transaction (Stripe view):
- The order was for one item – a hat – for $10.00.
To calculate the revenue from the sale, the formula is as follows:
Net Revenue = Order Total with Taxes - (Order Total with Taxes * 0.02 Webflow Transaction Fee) - (Order Total with Taxes * .029 for Stripe) - (0.30 for Stripe)
- The taxes were calculated after I added my address, and totaled $0.81.
- The “Application fees” of $0.22 refers to the Webflow 2% Transaction Fee, and is 2% of order total after taxes. ($10.81 * .02 = $0.22)
- The Stripe fee was (2.9% of $10.81) + $0.30 or $0.61 total.