What are the fees for contractors who use Stripe Connect?

Article author
  • Updated

Our transition to Stripe Connect will allow us to offer faster contractor payments and more transparency across the contractor payment flow. From a cost perspective, by using Stripe Connect:

  • Remote currently covers the transaction fees, meaning the contractor will typically get the gross amount on their invoice as long as no currency exchange occurred.
  • Remote currently pays the monthly account fees.
  • No markups. If the contractor has a Stripe Connect account balance that's different from the employer’s billing currency, the contractor will pay mid-market +1% for the FX from their pay-in currency to the contractor's account balance, which is the direct cost from Stripe.

It's important to note that this is subject to change in the future.

Was this article helpful?

0 out of 0 found this helpful

Have more questions? Submit a request



Article is closed for comments.