Q: What is rev share, and how does it work?

Does this mean that, in addition to transaction fees from the credit card processor, Steppit also takes an additional 15%, 12%, or 8% (lowest to highest tier, respectively) from each sale? Thanks for clarity on it!

tcultechPLUSJan 8, 2024
Founder Team
Natalie_Steppit

Natalie_Steppit

May 15, 2024

A: Hey there! 👋🏼 For sales on Steppit, a share of your class revenue goes to Steppit to help us with the payment processing fees, file sales taxes and generally grow the platform. This means that you don’t have to worry about credit card processing fees as this is taken from our share.
Depending on which tier you are interested in, we take a different percentage cut in revenue. I hope this helps and clarifies it for you. ☺️

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