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Stripe fees for security deposits and refunds

 

UPDATED: https://account.myvr.com/account/#/updates/stripe-updates/


For Stripe accounts created BEFORE September 14, 2017:


Dependent on when the Stripe account was created, fees may or may not be charged for security deposits and refunds. 

No - When issuing a refund against any payment collected by Stripe, Stripe will include their payment processing fee as part of the refund.

For Stripe accounts created AFTER September 14, 2017:

Yes - Stripe changed their policy for newer accounts and will charge their processing fee as part of the refund. 

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