
The “Transaction Fee” column is killing my vibe.
The transaction fees at TpT (Teachers Pay Teachers) are killing the positive vibe of teacher authors and it is really annoying.
I realize they are providing a service for me and I am OK with them taking a cut of the sales since they are providing the service, but that flat fee of $.30 has got to be making TpT money as well, which I don’t find OK.
In most cases credit card transaction fees are between 1-3% of the purchase price and based on volume they typically offer the retailer a discount on the fees to encourage them to use their service. Plus, there is usually a monthly “subscription/membership” (for lack of a better term) fee for the retailer to use the service as a whole. Either way, what I am being charged and what they are being charged don’t line up in my mind.
For all these small transactions, there has to be a better deal than what I am getting. The credit card company (or someone) is making as much on my material as I am.