Complete Guide to All Fees on Closr
To ensure transparency, this article breaks down every possible fee that may be applied to a transaction on Closr.
Mandatory Fees (Applied to Every Transaction)
These fees are deducted from the total amount a Fan pays:
- Closr Platform Fee: 16%
- This is our fee for building and maintaining the platform that makes these connections possible.
- Stripe Processing & Safety Fee: 2.9% + $0.80
This is Stripe's fee for processing the payment and includes their standard rate (2.9% + $0.30) plus an additional $0.50 for their "Radar" fraud protection service.
Conditional Fees (Applied Only in Specific Cases)
These additional fees are charged by Stripe when applicable:
- International Transaction Fee: 1%
- Applied if the Fan's payment method is from outside the United States.
- Currency Conversion Fee: 1%
Applied if the payment must be converted from one currency to another (e.g., from EUR to USD).
Creator Withdrawal Fees
Please note that when Creators withdraw very small amounts (e.g., near the $5 minimum), additional bank or processing fees may be incurred. We recommend letting your balance grow to make withdrawals more efficient.