How much does Steady cost?
If you want to sign up for Steady, you don't have to pay for it. There are no fixed basic fees – so Steady is initially free of charge.
Once members pay for a publication, publishers are subject to fees. The fee rates depend on the turnover a publication makes. The following fees are involved:
1. Steady Margin
As soon as a publication sells memberships, Steady retains a part of these sales as trade margin.
|Trade margin, which Steady retains, based on the selling price (gross) of a membership||10 %|
2. Transaction costs of payment providers
Steady uses different payment providers for selling memberships. This results in transaction costs – for example for the use of credit cards, PayPal or the direct debit system. Steady passes these costs on to the publishers. They vary depending on the currency in which a publication offers its memberships:
Transaction costs related to the selling price (gross) of a membership:
|For publications in EUR and USD|
|When paying by direct debit||1 %|
|When paying by credit card||1.9 % plus 30 ct|
|When paying via PayPal||2.49 % plus 35 ct|
|For publications in other currencies|
|For payments in Swedish Crowns (SEK)||2.49 % plus 3.25 SEK|
|For payments in British Pound Sterling (GBP)||2.49 % plus 20 p|
For annual memberships, payment fees only apply once a year.
For projects in other currencies, Steady converts transaction costs incurred in euros into the corresponding currency using openexchangerates.org.
Part of the transaction costs are passed on as a lump sum. The transaction costs that the payment providers charge and that we pass on to the publishers can change.
Effective: May 2019