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inLeague analyzed statements from several of our constituent leagues and determined that most leagues will pay Stripe similar fees to what they are currently paying, or slightly more. If your league has an interchange plan and many of your families use debit cards, your average fees are brought down by the greatly discounted rates for debit cards under interchange plans. In that instance, your fees will go up. We auditioned alternatives, but ultimately none of them came close once we accounted for the user experience, the treasurer's experience, and the possibilities for the future.
We are sensitive to any fee hike impacting non-profit sports leagues, and that is why for many years our priority was an inexpensive provider. Ultimately, we could not really verify just how inexpensive our previous providers were, and the more we learned, the more it became evident that these fees are the cost of doing business unless you have a full-time volunteer dedicated to staying on top of your card processor.
Once we have been with Stripe for a while, either inLeague or our leagues can negotiate for better rates or interchange plans through Stripe. It was difficult to promise much business of any kind for 2020, but Stripe was willing to work with us and we are confident in improving that we can improve these rates further over time.
Feature | Paysafe / Authorize.net | Stripe |
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Refunds | 120 day limit | No limit |
Monthly Fees | Up to $100 | None |
Per-transaction Fees | 1% - 3.5% + ( between 10 and 22 ) cents | 2.7% + 30 cents |
Mobile App Payments | Possible but difficult | Easy |
Apple Pay and Google Pay | Possible but difficult | Easy |
Account Setup | Physical paperwork and phone calls with two entities | Online through inLeague |
ACH / Bank Payments | Possible but difficult | Easy |
Reporting & League Interface | Adequate | Excellent |
Canceled Cards: Refunds & Recurring Billing | Few or cumbersome solutions | Automatic Card Updater |
Future Potential | Difficult to scale | Improved rates through inLeague |
Complete Fee Schedule | Not available; difficult even with a full rate review by an account rep | Published: https://stripe.com/pricing |
inLeague Is Not The Merchant (...yet)
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