Thinkific Transaction Fees

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Thinkific offers 0% transaction fees on all purchases for all subscription plans.

Even though the platform doesn’t charge a fee per sale, payments are subject to processing fees by your gateway provider.

Key Takeaways:

  • Thinkific does not charge transaction fees, regardless of subscription plan
  • Although the platform does not take a cut, users are subject to payment processing fees on every transaction

Thinkific Transaction Fees for Each Plan

A significant benefit of using Thinkific is that the platform does not charge its users a transaction fee, unlike some of its competitors.

Moreover, if your sales volume and number of students enrolled grows, there is no tiered fee structure or volume limit.

Thinkific’s Free plan allows you to test its features and have access to 0% transaction fees at no upfront cost.

Thinkific Plan Transaction Fee
Free plan 0%
Basic plan 0%
Start plan 0%
Grow plan 0%
Expand plan 0%

Thinkific Transaction Fees vs. Payment Processing Fees

Thinkific’s 0% transaction fees should not be confused with potential payment processing fees.

To sell on the platform, you’ll need to enable payments using a provider or payment gateway such as Thinkific Payments, Stripe, or PayPal.

The payment gateway will process payments from your customers and disburse the payments to you and, in return, charge a small fee for the service.

We’ll explore the payment processing fees below, but they typically include a fixed cost per transaction and a small percentage.

Thinkific Payment Fees

Thinkific Payments is the platform’s payment gateway and is commonly used by course sellers.

Therefore, to help you understand the fees, we’ll use this option as an example.

Sellers from the United States are subject to a one-time processing fee of 2.9% + $0.30. Additional charges for international cards, currency conversion, subscription, and payment plans are priced at 1%, 2%, and 0.5%, respectively. 

Country One-Time Payment Transaction International Cards Currency Conversion Subscriptions & Payment Plans Payout Schedule
United States 2.9% + $0.30 +1% for international cards +1% if required +0.5% subscription fee 2 business days
United Kingdom 1.4% + £0.20 +1.1% for EEA cards
2.9% + £0.20 for international cards
+2% if required +0.5% subscription fee 3 business days
Germany 1.4% + €0.25 2.9% + €0.25 +2% if required +0.5% subscription fee 3 business days

Thinkific Payments claim that they use the same fee structure as Stripe, therefore changing processors will not save you money. PayPal also charges processing fees comparable in price to these options.

Thinkific Student Refund Fees

Just as Thinkific doesn’t charge transaction fees, they also don’t charge fees to send refunds to a customer.

However, your payment processor may charge a fee, which we’ll cover below.

Thinkific Payments

When you refund a customer, there are no additional processing fees. However, they will not reimburse you for the initial processing fees charged.

PayPal and Stripe

Both PayPal and Stripe have the same policy as Thinkific Payments and don’t charge any additional fees when refunding customers.

Other Processors

If you’re using a different payment processor from those mentioned above, they may charge a fee. Check the refund policy to confirm.

Frequently Asked Questions

Thinkific does not charge a fee for products purchased on the platform. This is a core feature and is therefore available on all subscription plans.

Thinkific charges 0% transaction fees on all sales, regardless of subscription plan. However, for customers to checkout, you’ll need to use a payment processor, who will typically charge a small percentage and flat fee per payment.

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Samuel Fletcher
Samuel Fletcher is an entrepreneur with over ten years of experience in knowledge commerce, business development, SEO, social media management, and blogging. Sam enjoys researching and experimenting with the latest online marketing trends and tools. Beyond this, Samuel is a blogger, online business coach, and regular contributor to community and volunteering projects. Samuel believes strongly that dedication, perseverance, and commitment are keys to success in any business. He was motivated to start SupplyGem after discovering how difficult it was to find good, honest, unbiased information online about knowledge commerce tools. Sam is a current member of the Association for Talent Development (ATD), the International Society for Performance Improvement (ISPI), ISA (the Association of Learning Providers), The Learning Guild, and the Training Magazine Network.