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 3 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.
Example: $50 Payment
Processing Fee:
$50 * 0.029 = $1.45
$1.45 + $0.30 = $1.75
Rounded up to $2.00
TOTAL FEES: $2.00
Because of the rounding, you will be paying the same fees for a range of purchase prices.
Expert Fees
Metafy charges its Experts a small fee to be a part of the platform. It’s levied from the Experts, 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 Expert will receive.