Transparency is core to Divvy.Social. Here is how we calculate the costs associated with splitting your bills.
Standard Split Fees.
All fees are paid by the "Peep" (the person paying you back) as a "gross-up". This ensures that as a Legend, you always receive the exact amount you are owed.
Card Processing
Stripe Fee1.75%
Fixed Fee$0.30
Charged by Stripe for secure card processing.
Split & Sync Fee
Divvy Social2.00%
Our service fee for handling the social sync.
PayTo / Bank Transfer
Processing Fee1.00%
Fixed Fee$0.30
A lower-cost alternative to cards using the NPP (New Payments Platform).
The "Golden Rule": All fees are grossed-up and paid by the "Peep". As a Legend, the amount you request is the amount you get.
Fees are calculated dynamically based on the total amount. For example, if you are owed $100 and the total fees amount to 2.5%, the Peep pays $102.50. You receive exactly $100.