The Truth About Kartra's Transaction Fees: What You Need to Know
If you’re looking for an online marketing platform without transaction fees, you’re in the right place.
Today, we’re diving deep into the world of transaction fees, specifically focusing on Kartra.
Spoiler alert: Kartra does not charge transaction fees! But there's more to the story, so stick around.
Kartra: Your Fee-Free Friend
One of the biggest draws of Kartra is that it does not charge you any transaction fees. That’s right – you get to keep more of your hard-earned money. You only pay Kartra for your account. Whether you’re selling digital products, courses, or services, Kartra isn’t going to take a slice of your pie. This can be a game-changer, especially for small business owners and entrepreneurs who are mindful of every dollar.
The Real Deal with Card Processing Fees
While Kartra doesn’t charge transaction fees, it’s important to understand that card processing fees still apply. These fees are charged by third-party payment gateways like Stripe, Square, Braintree, Authorize.net, and Paypal. Essentially, whenever you process a payment, these services take a small percentage as their fee for handling the transaction.
Here’s a quick rundown:
Stripe*: Typically charges around 2.9% + $0.30 per transaction.
Learn More.Square*: For ecommerce transactions 2.9% + $0.30 per transaction % but could vary. Learn More.
Braintree*: Charges 2.59% + $0.49 per transaction on cards and 3rd party wallets. Learn More.
Authorize.net*: Charges similar rates with some additional monthly fees. Learn More.
PayPal*: Typically charges around 2.99% + a fixed fee per transaction. Learn More.
International charges typically have different rates
*Always do your own research, as the prices mentioned above were sourced directly from the respective sites in August 2024. Your rates may vary based on several factors.
So, while Kartra keeps things fee-free on their end, these third-party processors do have their costs.
Why Paying Card Processing Fees is Worth It
You might be thinking, "Not more fees!" but I challenge you to look at it differently - let’s look at the benefits of paying these card processing fees.
Security: These third-party processors are at the forefront of payment security. They ensure that your customers’ information is safe and secure, which builds trust and reliability for your business.
Convenience: The ability to accept credit card payments is crucial for any online business. These processors make it seamless for your customers to pay you, which can increase your sales and conversion rates.
Global Reach: Services like the ones mentioned here allow you to accept payments from all over the world. This opens up your business to a global market, expanding your potential customer base significantly.
Integration: Kartra integrates effortlessly with these payment processors. This means that you can set up your payment systems quickly and easily, without needing to worry about technical hiccups.
Tax Deduction: Card processing fees are often tax-deductible as a business expense. This means you can potentially lower your taxable income, helping you save money during tax season.
Wrapping Up
Choosing the right online marketing platform is a big decision, and understanding the ins and outs of transaction fees is a crucial part of that decision-making process. With Kartra, you get a powerful, fee-free platform that keeps your costs low and your profits high. And while third-party card processing fees are a part of doing business, the benefits they bring far outweigh the costs.
If you’re ready to take the plunge and experience all the incredible features Kartra has to offer, click here to get started. Using my link will get you a 30-day FREE trial and 20% off your first payment with code SCOTTEN20 (affiliated). Trust me, your future self will thank you.