Sample Transaction Fee Schedules
| Customer Payment | Stripe Fee | Net Deposit | Effective Take Rate |
|---|---|---|---|
| £10.00 | £0.35 | £9.65 | 3.50% |
| £50.00 | £0.95 | £49.05 | 1.90% |
| £100.00 | £1.70 | £98.30 | 1.70% |
| £500.00 | £7.70 | £492.30 | 1.54% |
| £1,000.00 | £15.20 | £984.80 | 1.52% |
| £5,000.00 | £75.20 | £4,924.80 | 1.50% |
Post-Brexit Interchange & Multi-Tier Card Rates
In the United Kingdom, Stripe employs a tiered pricing structure that distinguishes between standard UK consumer cards, premium commercial cards, EEA European cards, and non-EEA international cards.
Following Brexit, UK cards are no longer subject to European Union cross-border interchange caps. Standard UK consumer cards benefit from a low 1.5% + 20p rate, but international cards jump to 3.15% + 20p with an additional 2% currency conversion surcharge if settling in foreign funds.
For UK businesses collecting recurring retainers or invoices, Bacs Direct Debit offers enormous cost savings. Bacs transactions cost 1% with a 20p minimum and £4.00 maximum cap, saving hundreds of pounds on large payments.
Operational Scenarios & Fee Impacts
Standard UK Consumer Checkout (£50 Cart)
On a standard £50 domestic consumer purchase, Stripe deducts 95p, leaving £49.05 in net merchant payout.
£50.00 × 1.5% (75p) + 20p fixed = 95p feeUK Retainer via Bacs Direct Debit (£2,000)
Collecting £2,000 via credit card costs £30.20. Processing via Bacs Direct Debit hits the £4.00 fee cap, saving £26.20.
1% of £2,000 is £20.00, capped at £4.00 flatUS Customer Buying from UK Store (£100)
Cards issued outside the UK and EEA incur the 3.15% + 20p international rate, totaling £3.35 in processing fees.
£100.00 × 3.15% (£3.15) + 20p = £3.35 feePayment Processing FAQs
Does Stripe UK charge VAT on processing fees?
Stripe payments in the UK are financial intermediary services and are exempt from standard UK VAT. However, ancillary software fees (like Billing or Radar) may have VAT applied.
What is the minimum charge amount in British Pounds?
The minimum allowable charge on Stripe for GBP is £0.30 (30 pence).
What is a premium card in Stripe UK pricing?
Premium cards include corporate credit cards, commercial purchasing cards, and high-tier rewards cards issued in the UK, charged at 2.8% + 20p instead of standard 1.5%.