FEES & PAYMENTS

A low fee of per transaction

UNDERSTANDING FEES

At GamePay we want to help you grow your business and not have you worried about monthly fees. As soon as you’re ready to go live you’ll have full access to your own dashboard. This powerful tool will provide you with sales reports, allow you to see your daily coaching schedule, provide you with the ability to see your attendees along with all the information you collected and allow you to use a simple check-in tool on event day. Additionally you will have the ability to contact all your clients directly from your dashboard. Yes, all of this is included the second you go live with your lessons or events.

HOW YOUR CLIENTS PAY

GamePay can handle all of your payments—you never have to chase payments, deal with checks or wait for IOU’s. Clients are charged immediately when booking your services. As a vendor/seller you have the ability to have your clients pay with credit cards, or with PayPal. With this method sellers are responsible for their traditional credit card processing fee per transaction (typically around 3%). This fee will be deducted and clearly shown in your sales reports.

HOW YOU GET PAID

Similar to Uber - as a sellers you will get paid via a secure direct deposit. Payments are made each Monday and usually hit your account by Wednesday. Your will recieve a full sales report outlining in detail all your sales and earnings. You'll be paid in the currency that you charged your attendees — we don’t support currency conversion — and your bank must be located in the country/region supporting the currency in order to process your payout.

EXAMPLE TRANSACTIONS

EXAMPLE A

A local goalie program charges US$100 for private lesson.CLIENT: When a client books the lesson they are charged the $100 lesson fee plus a 2% convenience fee. The total cost that the client pay is $102.COACH: Let’s pretend that the client booked his lesson and paid with a credit card. The coach pays $1.99 for the transaction plus the standard 3% credit card fee. The coach receives $95.01.

EXAMPLE B

A local goalie program charges US$100 for private lesson. In this example the coach has decided to pass on all fees to their client including the standard credit card fees.CLIENT: Let’s pretend that the client was paying with a credit card. When a client books the lesson they are charged the $100 lesson fee plus a 5% convenience fee (this includes the credit card fee). The total cost that the client pay is $105.COACH: The coach pays $1.99 for the transaction. The coach receives $98.01.

EXAMPLE C

EXAMPLE C: A local goalie program charges US$100 for private lesson. In this example the coach has decided to show no additional fees to their client.CLIENT: Let’s pretend that the client was paying with a credit card. When a client books the lesson they are charged the $100 lesson. The client does not see any additional fees. The total cost that the client pay is $100.COACH: The coach pays $1.99 for the transaction plus the coach has decided to cover the 2% convenience fee and the 3% credit card fee. The coach receives $93.01.

PLEASE NOTE:

In many cases like Example C, the coach would decide to raise his price of the lesson to $105 so that the fees are not visible to their client. The coach has effectively embedded any of his costs into the price.