With a Bookclubs Pro Plus account, you can now support your work as a book club leader with club membership subscriptions via Stripe payment processing. Bookclubs charges a very competitive 3% processing fee. (In comparison, Patreon charges up to 17% in processing fees.)Please review important Membership Payment Processing FAQ's below:Eligibility: Your club must be subscribed to Book Clubs Pro Plus.Processing charges: Stripe charges 2.9% plus a flat $0.30 fee per credit card transaction. Bookclubs charges an additional 3% processing fee.For example, with a $1 monthly subscription, Stripe would take $0.33 (2.9% of $1 + $0.30) and Bookclubs would take $.03 (3% of $1) leaving a payout of $0.64. For a $10 monthly subscription, Stripe would take $0.59 (2.9% of $10 +0.30) and Bookclubs would take $0.30, leaving you a payout of $9.11.
Billing cycles: A member is charged when they join your book club, and then again on the anniversary of their join date until they leave the club (i.e., each member is on a different billing schedule depending on the day they joined your club.)Subscription Amounts: You must charge a minimum of $3 subscription fee to members, but there is no maximum. How can a member cancel their subscription? Leaving the club will cancel their subscription. Once they leave the club, no additional payments will be made (but they will not get a pro-rated refund for whatever is left of the current subscription period).