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What are the transaction costs that Steady passes on to you?

Overview of Steady Transaction Costs: Fees by Payment Method, Currency, and Chargebacks for Monthly and Annual Memberships.

Updated over a week ago

Payment Fees Passed on to You by Steady

Steady uses various payment providers that charge fees for each transaction. These transaction costs are passed on to media makers. The fees vary depending on the currency, payment method, and billing frequency (monthly or annually).

Transaction Costs for Publications in EUR and USD

  • Direct Debit: 1% + €0.20

  • Credit Card: 1.9% + €0.30

  • Apple Pay: 1.9% + €0.30

  • PayPal: 2.49% + €0.35

Transaction Costs for Publications in Other Currencies

Currency

Fees

Swedish Krona (SEK)

2.49% + 3.25 SEK

British Pound Sterling (GBP)

2.49% + 20p

Swiss Franc (CHF)

2.9% + CHF 0.55

Danish Krone (DKK)

2.9% + DKK 2.60

Norwegian Krone (NOK)

2.9% + NOK 2.80

Polish Złoty (PLN)

1.9% + PLN 1.30

Hungarian Forint (HUF)

1.9% + HUF 100.00

Czech Koruna (CZK)

1.9% + CZK 10.00

South African Rand (ZAR)

2.9% + ZAR 5.00

Costs for Chargebacks

  • Direct Debit: €3.50 per chargeback.

  • Credit Card: €30 per chargeback.

Currency Conversion

Transaction costs in euros for publications billed in other currencies are converted using the service openexchangerates.org.

Special Considerations for Annual Memberships

  1. One-Time Transaction Costs
    Fees for an annual membership are deducted in full during the first payment.

  2. Distribution of Payouts
    Contributions for an annual membership are distributed over 12 months to allow for potential refunds if the project ends prematurely.

  3. Lower Overall Costs
    Annual memberships incur fewer transaction fees than monthly memberships since the fees are applied only once.

Last updated: May 2023

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