Blog Post

Stripe Account - Charge for Courses


Blog Image Interested in offering premium courses? We now provide the capability to accept payments directly through SimpleVLE. This is done simply, by connecting your existing Stripe Account, or if you don't have one, you can create a new Stripe account and connect it afterwards. With ease, prospective students will be able to register and pay the course fee through our platform, while the payment is deposited directly to your Stripe account.

SimpleVLE only takes a 15% fee, while the remaining 85% will be deposited into your Stripe account. The Stripe fee is paid from our 15%, so you don't have to worry about any unexpected additional Stripe fees. So for example, if you charge $10 for a course, a student can sign up and pay $10, you get $8.50, and Stripe and SimpleVLE split up the remaining $1.50, which equates to $0.59 for Stripe and $0.91 for SimpleVLE.

Stripe is a US technology company operating in over 25 countries handling billions of dollars every year. They handle all transactions relative to selling your class content. Furthermore, SimpleVLE does not process or store any banking or credit card information. We only store the information needed to query a person's account status directly from Stripe, with the customer's permission of course. An instructor can disconnect their Stripe account from the SimpleVLE platform at any time. After the account is disconnected, no new transactions can be made on the account. For more information, check out Stripe's Connected Account Agreement and Stripe's Privacy Policy.

You do not have to be a paying member to connect a stripe account. However, you will still have the same limitations that a free account has. We encourage our users to purchase a premium membership from SimpleVLE to provide an unlimited experience with no ads and if you start to sell courses on a regular basis, we will waive your membership fees.

Contact us with questions or concerns regarding merchant accounts.

Stripe Courses Premium Announcements

   

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