How payments work with thankyü

At thankyü, we believe in fairness, transparency, and recognition for service workers and organisations. Here’s how payments are processed and what you’ll receive based on your subscription or organisation account.

Types of Fees

  • Processing Fees (5%) – Covers banking, interchange, and payment validation. (Minimum £0.15).

  • Platform Fees (5%) – Supports thankyü technology, thankyü Club membership, customer service, and continuous product improvements.

By default, the option for customers to “cover Processing Fees” is toggled on. Research shows 80%+ of customers choose to cover this, meaning you receive more.

thankyü Now & Freedom users & thankyü Thrive organisations (PAYG)

Scenario 1 – Customer covers Processing Fees

  • Payment: £10.00

  • Processing Fees: £0.50

  • Customer pays: £10.50

  • You receive: £9.50 (after thankyü Platform Fees)

Scenario 2 – Customer does not cover Processing Fees

  • Payment: £10.00

  • Processing Fees: £0.50

  • Customer pays: £10.00

  • You receive: £9.00 (after Platform Fees)

thankyü Boost users (0% Platform Fees)

Scenario 1 – Customer covers Processing Fees

  • Payment: £10.00

  • Processing Fees: £0.50

  • Customer pays: £10.50

  • You receive: £10.00

Scenario 2 – Customer does not cover processing fee

  • Payment: £10.00

  • Processing Fees: £0.50

  • Customer pays: £10.00

  • You receive: £9.50

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Understanding the thankyü dashboard

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The new Tipping Legislation from the 1st October 2024.