Student Fees
When you book coaching at Metafy, there is an additional fee added at checkout to help cover payment processing costs. In broad strokes the result is about a 7% percent increase, but it breaks down as follows:
The Processing Fee = (2.9 percent of your subtotal) + 30 cents, rounded up to the nearest dollar.
The Platform Fee = 5% capped at $20.00
Example: $50 Payment
Processing Fee:
$50 * 0.029 = $1.45
$1.45 + $0.30 = $1.75
$51.75 * 0.05 = $2.58
TOTAL FEES: $4.32
Pro Fees
Metafy charges its Pros a small fee to be a part of the platform. It’s levied from the Pros, not the Players.
Tips
Processing fees also apply to tips. At the time of purchase, you can decide whether you'd like to cover the fee, which will result in a higher cost to you, or deduct the fee from what your Pro will receive.
*as a reminder, tips are generally nonrefundable.