How payments work

Students pay through Stripe. Here is where the money goes and what it costs.

Student

Pays $120.00

Stripe

Takes $3.78

Your gym

Gets $116.22

Example: a $120 payment

What is Stripe?

Stripe is a payments company used by businesses of all sizes. It handles card and bank payments so your gym doesn't have to. Card and bank details go to Stripe, never to Gymment.

Good to know

Your gym gets its own Stripe account, set up from Gymment in a few steps.
Payouts go to your bank on the schedule shown in your Stripe account.
Bank payments (ACH) take a few days to settle and can be returned later.
If you refund a payment, Stripe keeps its fee.

What Stripe takes from each payment

Set what your students pay and how many you have. These are Stripe's standard US rates; yours may differ.

Membership price$120

Active students40

Card

2.9% + 30¢

6.3%

Stripe takes: $3.78
Gymment: $3.73
Your gym keeps: $112.49

Bank account (ACH)

0.8%, capped at $5

3.9%

Stripe takes: $0.96
Gymment: $3.73
Your gym keeps: $115.31

Bank saves $2.82 per payment, $33.84/year per student ($1,353.60/year total)