Does a Coach payout include a Stripe fee?

Edited
  • There are two different ways a Coach can receive a payment.

    1. A Coach receives a payment from the Customer

      1. This payment receipt occurs when a Customer books a Reservation and adds a Coach.

      2. As a Stripe process flow, any money moving into the Coach’s Stripe account goes from Customer → PodPlay → split between Club and Coach.

        1. The Stripe fee here is paid for by the Club

    2. A Coach receives a payment from the Club

      1. This payment receipt occurs when a Coach is added to an Event from the Dashboard.

      2. In this situation, the system does not take into account the revenue generated from the Event.

        1. Meaning, if the Event costs $25 per person and there are 10 Event participants, the Club yields $250. All of this revenue goes to the Club. If the Event costs $0 per person, regardless of how many people attend the Event, the Club yields $0.

        2. While the Club is generating revenue from the Customers (or not), the Coach’s rate could also be anything between $0 and $500, and regardless of how much the Event yields, the Coach will receive their payment. When there is a Clinic Series, a Coach is added to each individual Event. They are paid out per Event, when the Event ends.

      3. As a Stripe process flow, any money moving into the Coach’s Stripe account goes from Club → PodPlay → Coach.

        1. Money moving between Stripe accounts does not incur a Stripe fee.