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Upfluence Pay - Deposits & Transaction Fees

A Simple Way to Pay Creators and Manage Budgets

Updated over 3 months ago

Upfluence Pay offers an easy and efficient way to pay creators with just a few clicks, while also helping you manage your budget. Here's a detailed overview of how it works and the associated costs.

I. Who is eligible?

Not all businesses are eligible to use Upfluence Pay. The following industries are excluded:

✔️ Adult Content

✔️ Financial Services

✔️ Gambling Businesses

✔️ Marijuana Businesses

✔️ Pharmaceutical Businesses

✔️ Telemedicine Businesses

✔️ Travel Businesses

✔️ Vapes and E-cigarettes

For more information on restricted businesses, check out Stripe's Prohibited and Restricted Business List.

II. Understanding the Service

The fees for paying a creator through Upfluence Pay powered by Stripe are typically slightly above 3,7%. These fees cover various essential services that ensure secure and efficient global payment processing. The exact fees can vary depending on factors like:

  1. Payment method

  2. Locations of both the creator and payer

  3. Currency involved

  4. The creator's KYC status

  5. Current foreign exchange rates

This structure ensures you receive competitive rates for currency conversions and transparency in international transactions.

Key services included:

1️⃣ Tax Form Compliance: Automates the management of 1099 and W-9 forms, simplifying tax reporting.

2️⃣ KYC and AML Compliance: Ensures high security and adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

3️⃣ Foreign Exchange Management: Offers competitive exchange rates, helping to reduce costs in multi-currency transactions.

4️⃣ Legal Compliance: Ensures adherence to both local and international legal standards, reducing legal risks in global creator partnerships.

5️⃣ Global Payment Network: Allows payments to creators in over 190 countries, using their local currencies.

III. Transfer Fees

With Upfluence Pay, you can securely deposit funds into your personal account, managed by Stripe, with accounts held in USD. You have three deposit method options:

✅ ACH Direct Debit (US Only)

✅ Bank Transfer (International and Domestic)

✅ Card

Bank deposit fees (for all transactions)

1.5%

ACH Direct Debit (US Only)

Processing fees

0.8% ($5 max.)

Bank transfer (International and domestic)

Processing fees

$15

Cards

Processing fees

4.4% + $0.30

Note: If your issuing bank charges a fee for wire transfers, be sure to include that fee along with the total amount in the provided transaction details.

IV. Creator Commission

Fees associated with creator payments are based on the creator's country and payment amount. Here's a breakdown of potential fees:

  • Onboarding fees: Fixed charge incurred for each payment transaction

  • Compliance fees: Covers KYC and AML regulation adherence.

  • Payout fees: Costs for executing payments to the creator.

  • Transaction fees: Charges incurred for each payment transaction.

Make sure your country is supported by Stripe to use Upfluence Pay. Check Stripe's global support page for more details.

You can view the exact commission for each payment in the payment details.

For instance:

United States (USD): Onboarding fees $2, Compliance fees 0%, Payout fees $0.25 + 0.25%, Transaction fees 3.50%. ie. for $2.000 payment 3,75% + $2,5 = 3,9%

Creator Country

Creator Currency

Onboarding fees

Compliance fees

Payout fees

Transaction fees

Australia

AUD

2

1%

0.25 + 0.25%

3.50%

Austria

EUR

2

0.25%

0.10 + 0.25%

3.50%

Belgium

EUR

2

0.25%

0.10 + 0.25%

3.50%

Canada

CAD

2

0.25%

0.25 + 0.25%

3.50%

Croatia

EUR

2

0.25%

0.10 + 0.25%

3.50%

Cyprus

EUR

2

0.25%

0.10 + 0.25%

3.50%

Czech Republic

CZK

50

0.25%

8 + 0.25%

3.50%

Denmark

DKK

15

0.50%

5 + 0.25%

3.50%

Ecuador*

USD

2

1%

25 + 0.25%

3.50%

El Salvador*

USD

2

1%

25 + 0.25%

3.50%

Estonia

EUR

2

0.25%

0.10 + 0.25%

3.50%

Finland

EUR

2

0.25%

0.10 + 0.25%

3.50%

France

EUR

2

0.25%

0.10 + 0.25%

3.50%

Germany

EUR

2

0.25%

0.10 + 0.25%

3.50%

Gibraltar

GBP

2

0.25%

0.10 + 0.25%

3.50%

Greece

EUR

2

0.25%

0.10 + 0.25%

3.50%

Hong Kong

HKD

15

0.50%

5 + 0.25%

3.50%

Hungary

HUF

600

0.25%

100 + 0.25%

3.50%

Iceland*

ISK

2

0.25%

0.10 + 0.25%

3.50%

India

INR

150

0.75%

20 + 0.25%

3.50%

Indonesia*

IDR

28,000

0.50%

7,000 + 0.25%

3.50%

Ireland

EUR

2

0.25%

0.10 + 0.25%

3.50%

Israel*

ILS

6.50

0.50%

1.60 + 0.25%

3.50%

Italy

EUR

2

0.25%

0.10 + 0.25%

3.50%

Japan

JPY

200

1%

250 + 0.25%

3.50%

Latvia

EUR

2

0.25%

0.10 + 0.25%

3.50%

Liechtenstein

CHF

2

0.25%

0.55 + 0.25%

3.50%

Lithuania

EUR

2

0.25%

0.10 + 0.25%

3.50%

Luxembourg

EUR

2

0.25%

0.10 + 0.25%

3.50%

Malaysia

MYR

6

1%

1.50 + 0.25%

3.50%

Malta

EUR

2

0.25%

0.10 + 0.25%

3.50%

Mexico

MXN

35

0.25%

12 + 0.25%

3.50%

Monaco*

EUR

2

0.25%

0.10 + 0.25%

3.50%

Netherlands

EUR

2

0.25%

0.10 + 0.25%

3.50%

New Zealand

NZD

2

0.50%

0.25 + 0.25%

3.50%

Norway

NOK

15

0.25%

5 + 0.25%

3.50%

Philippines*

PHP

110

1%

18 + 0.25%

3.50%

Poland

PLN

9

0.50%

1.35 + 0.25%

3.50%

Portugal

EUR

2

0.25%

0.10 + 0.25%

3.50%

Romania

RON

10

0.75%

1.50 + 0.25%

3.50%

San Marino*

EUR

2

0.25%

0.10 + 0.25%

3.50%

Singapore

SGD

2

0.50%

0.50 + 0.25%

3.50%

Slovakia

EUR

2

0.25%

0.10 + 0.25%

3.50%

Slovenia

EUR

2

0.25%

0.10 + 0.25%

3.50%

South Africa*

ZAR

35

0.50%

5.50 + 0.25%

3.50%

South Korea*

KRW

2,540

1%

410 + 0.25%

3.50%

Spain

EUR

2

0.25%

0.10 + 0.25%

3.50%

Sweden

SEK

15

0.25%

5 + 0.25%

3.50%

Switzerland

CHF

2

0.25%

0.55 + 0.25%

3.50%

Thailand*

THB

60

0.50%

15 + 0.25%

3.50%

Turkey*

TRY

20

0.75%

3.50 + 0.25%

3.50%

United Kingdom

GBP

2

0.25%

0.10 + 0.25%

3.50%

United States

USD

2

0%

0.25 + 0.25%

3.50%

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