For Easy Payments Plus account holders who are registered with Stripe, the Stripe Charge column will appear in your Payment Reports. In this example, we will examine a Card Lodgements Report.

Example

On the 17/04/2019, a client has paid €50.00 (Total Paid) to purchase a fee item. The Stripe charge is taken at source at a rate of 1.4% + 25c + VAT(23%). In this example, the Stripe charge is deducted from the Total Paid & Administration Fee combined, i.e.€50 + €0= €50. Hence, the Stripe charge is calculated as follows:

Total Paid €50.00
Stripe 1.4% €00.70
Stripe Extra €00.25
Stripe VAT 23% €00.22

Total Stripe Charge €1.17

Total Paid €50.00
Stripe Charge €1.17

Total Banked €48.83

The Total Banked is the amount which will be added to your bank account.
The EPP charge will be separately invoiced to you at the end of the month.

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