Thinkific has a native payment processor called Thinkific Payments, which comes as the default option for users in the USA, Canada, and UK.
Users from other countries can also use Thinkific Payments but must contact the platform’s support staff to help them set it up.
Thinkific also lets users integrate Stripe and PayPal.
Key Takeaways:
- Thinkific has a native processor called Thinkific Payments
- Thinkific Payments charges 2.9% + $0.30 per transaction (the same as Stripe)
- Customers can also use Stripe and PayPal as alternative gateways
What Payment Gateways Does Thinkific Offer?
Thinkific offers Thinkific Payments, Stripe, and PayPal.
Thinkific has a native payment gateway called Thinkific Payments, the default gateway for subscribers from the USA, UK, and Canada.
For subscribers from other countries, the platform also supports external payment gateways. The two most popular are Stripe and PayPal.

Thinkific Payment Gateway Fees
One of the considerations Thinkific subscribers need to take into account when picking the right payment gateway for their business is how high the fees are.
To help subscribers understand their options, we compare them below:
- Thinkific Payments – 2.9% + $0.30 (per transaction)
- Stripe – 2.9% + $0.30 (per transaction)
- PayPal – 3.49% + $0.05 (per transaction)
Thinkific Payments and Stripe have exactly the same fee, whereas PayPal has a higher percentage fee but a lower fixed-cost fee.
Payment Platform | Transaction Fee |
---|---|
Thinkific Payments | 2.9% + $0.30 |
Stripe | 2.9% + $0.30 |
PayPal | 3.49% + $0.05 |
How to Set Up Thinkific Payment Gateways
The method of setting up a payment gateway in Thinkific will depend on where the subscriber is from.
Therefore, we’ve created a few step-by-step guides that cover most subscribers’ circumstances.
Setting Up Thinkific Payments
- From your Thinkific dashboard, select Settings.
- Then, choose Payments.

- From the dropdown menu, select the country where your business is located.
- Then select Set Up Thinkific Payments.
- A pop-up will now appear for users to confirm and verify their business. Start by confirming the legal structure of your business.
- Click Continue when you’re ready to move forward.

- Next, you’ll need to enter your personal information, such as name, date of birth, and address.
- Once complete, select Continue.

- You’ll then have a chance to review the details you’ve entered. If correct, click Confirm.

- To do this, head back to the Payments tab and then select Add Bank Account.

- Now enter your bank details to start receiving the payouts.
- Once done, click Add Bank Account.

Setting Up PayPal PaymentsÂ
- From your dashboard, select the Setting tab, then click on Payments.
- Enter your PayPal email and the PayPal merchant ID and then click Save.

Setting Up Stripe Payments
- From the Thinkific Dashboard, select Settings. Then, click on the Payments tab.
- Now scroll down to Stripe and select Connect Account.

- Start by entering your email and follow the next steps to verify your email and phone number and to fill out your personal and business information.

- Once complete, you’ll need to give access by clicking Authorize Access to This Account. You’ll then be redirected to the Thinkific Payments dashboard, where you’ll be able to see a green confirmation check that confirms the connection.

Considerations When Picking a Payment Gateway in Thinkific
When picking a payment gateway, there are a few considerations Thinkific subscribers should be aware of:
- Fees – Each payment processor has differing fee structures. You should review them to compare how picking or changing gateways can affect your profit.
- Location – Check to see what payment gateways are supported in the country you reside in and want to sell to, as each processor will support different options.
- Payout Times – Each gateway will also have different payout times. To receive your money quicker, you should try to find one with faster payouts.
Frequently Asked Questions
What Payment Gateways Does Thinkific Offer?
Thinkific has a native payment processor called Thinkific Payment Gateway. The platform also lets users integrate Stripe and PayPal.
What Is the Best Thinkific Payment Gateway?
The recommended process is Thinkific Payments, as it’s native to the platform and has the same fee structure as Stripe.
How Much Does Thinkific Payments Cost?
Thinkific Payments charges a 2.9% fee on all transactions and a flat $0.30 charge. The flat fee is charged to process all transactions, no matter how large, whereas the net cost of the 2.9% fee will depend on the transaction size.