Offset your school fees
Suggested school solution: Offset your fees
To help schools manage payment processing costs, Onespot allows schools to offset fees by adding a service charge. Options include:
- Charge a 4% service fee on credit card payments
- Offer a 2–3% discount for ACH payments to encourage lower-cost methods
- Or raise tuition by ~4% across the board if you prefer not to show itemized fees
Note: Parents will only see the school’s service fee or discount on their invoice. They will not see Stripe or Onespot fees directly.
*Disclaimer: This is not legal or financial advice.
💡Offsetting Credit Card Fees
To help schools retain their full payment amount, we recommend:
✅ Add a 4% Service Fee
- Covers transaction costs for credit card payments.
- Automatically added to the invoice total.
- Shown as a separate line item: "Service Fee"
💡Offsetting Direct Debit Fees
✅ Offer a 3% ACH Discount
- Incentivizes parents to pay via ACH.
- Cheaper for schools and more predictable.
- Shown as: "ACH Discount" on the invoice.
📌 These fees only apply to invoices and billing, not to self-checkout items.