Does Teachable have transaction fees?

The Basic plan is Teachable's most affordable paid plan — it costs $39/month when paid annually ($59/month on a monthly subscription). But the low cost comes at a price. Teachable still charges a 5% transaction fee on this plan.

Does Teachable take a percentage of sales?

Cons of Teachable Free Plan

The Teachable Free Plan does have some limitations, especially for course creators who have built a successful business. It's designed more as a way to just test the platform, which is common among online course platforms. Teachable takes a $1 + 10% fee from each sale you make.

Does Teachable take payments?

Overview. Teachable offers the ability to process and payout transactions directly within your Teachable school. In order to process and receive payments, you must set up a payment gateway from your school's Settings > Payments menu.

Can you make a living from Teachable?

For example, Teachable creator Andrea Head earns $3,000 monthly from one digital product (and about $37,000 in side income yearly), while working a full-time job. Some full-time Teachable content creators earn up to $10,000 monthly or more selling a mix of courses, coaching, and digital products.

Which is better Udemy or Teachable?

While Udemy might give you some more flexibility in how your course is actually delivered (more on this in a second), Teachable gives you more design options, including a whole set of different templates and colors, options to have your own domain name, and a lot of flexibility over your course pages and even your ...

Teachable Pricing [🚨NEW]: How Much Does Teachable Cost Now?

How do Teachable payments work?

On teachable:pay, transactions are paid out directly to your bank account via Stripe based on the payout schedule set on your Settings > Payments page. Transactions are paid out on business days (excluding weekends and US banking holidays) in the currency denomination of your connected bank account.

How much is the Teachable chargeback fee?

Please contact our Customer Support team for more information about submitting a Custom Refund Policy request. NOTE: Chargebacks issued on payments processed by the Monthly Payment Gateway or teachable:pay are subject to a $15.00 USD chargeback fee.

Why does Teachable charge taxes?

This is because generally the country where the student resides may determine (i) whether tax should be applied and (ii) whether the creator or Teachable is responsible to pay tax to local tax authorities. Teachable determines where a user is located based on the information provided by the user during checkout.

How do I collect payments on Teachable?

Can I offer free courses on Teachable?

Once you have set up your course, coaching product, or bundle on Teachable, you will need to set a price for it. There are 4 pricing plan options for products on Teachable: Free, One-Time Purchase, Subscriptions, and Payment Plans. Learn more about each pricing option below.

What is the difference between Kajabi and Teachable?

In-Depth Comparison of Kajabi vs. Teachable. Kajabi is primarily an all-in-one marketing platform with many more marketing and sales capabilities than Teachable, but it lacks educational features. Starting from pricing, Kajabi tends to be more expensive as Teachable offers a free plan that supports unlimited students.

How much does it cost per transaction?

The per-transaction fee can vary depending on the service provider but usually ranges between 0.5% and 5% plus certain fixed fees. Merchants partner with merchant acquiring banks to set up the electronic payment process and the deposit account for the funds.

What are transaction cost fees?

Transaction costs are fees that pay for the transfer or confirmation of an exchange. While the final price already includes these costs, they aren't a part of the underlying asset's market value.

What are the transaction fees?

What are transaction fees? Transaction fees are the expenses that businesses need to pay to their payment service provider every time the provider processes an electronic payment for a Card Present or Card Not Present transaction. Transaction fees can vary slightly, depending on the payment service provider.

How do I avoid chargeback fees?

Does Teachable give refunds?

If you're on a monthly paid plan, then you're entitled to a full refund within the first 30 days of your paid plan. Teachable will not grant refund requests made more than 30 days after your initial plan upgrade.

Why are chargeback fees so high?

The acquiring bank wants to recover its chargeback processing fees, so it assesses a fee to your business. Although typical chargeback fees range from $20 to $50, you'll pay more if you're a high-risk business.

How long does it take to get paid from Teachable?

Due to Teachable's 30-day refund policy for courses, all payouts will be sent out in USD to your PayPal account on the first of every month (or the next business day if the first lands on a weekend or US holiday). For example, if you make a sale in January, you would receive those funds from Teachable on March 1.

What is the average earnings at Teachable?

Average Teachable hourly pay ranges from approximately $13.69 per hour for Educator to $15.00 per hour for Content Marketer.

Why is Thinkific better than Teachable?

Why do some think Thinkific is better than Teachable? Thinkific is an online education platform with many features, and they have a customizable online course platform. Thinkific allows content creators to build more advanced platforms, which is one of the reasons why some prefer to choose it over Teachable.

Can I sell the same course on Udemy and Teachable?

If your courses are only in the general Udemy marketplace, you can offer your courses on other platforms, as long as they are not listed at a lower price than it is on Udemy. You may need to reach out to the other platforms to make sure you're following any guidelines they have in place too.

Is Teachable a good LMS?

The most complete online LMS

Overall, my experience with the product has been great. But, Teachable, the company, really goes above and beyond to support course creators and help them earn from their knowledge. I definitely recommend them.

Do I need a website if I have Teachable?

If you're starting your online business with Teachable and do not have an existing website, we have you covered. On Teachable, your homepage functions as your main website, so you don't need to purchase other web-hosting platform subscriptions.