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Metafy Site Fees, Explained
Metafy Site Fees, Explained

Metafy's platform and processing fees, by the numbers

Ann Smiley avatar
Written by Ann Smiley
Updated this week

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.

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