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Understanding Platform Fees

Ryan Lysa avatar
Written by Ryan Lysa
Updated today

Understanding Platform Fees

Preppable uses a tiered pricing model based on your restaurant's monthly revenue (GMV).

Fee Structure

Tier

GMV Range

Platform Fee

SMS Included

Starter

$0 - $5,000

4.5%

500/month

Growth

$5,001 - $15,000

2.9%

2,000/month

Scale

$15,001 - $50,000

1.9%

3,000/month

Pro

$50,001 - $100,000

0.9%

10,000/month

Enterprise

$100,000+

0%

Unlimited

What's Included

  • Secure payment processing via Stripe

  • SMS and email notifications

  • Customer dashboard and meal selection tools

  • Menu management system

  • Analytics and reporting

  • Customer support

How Fees Are Charged

  • Platform fees are automatically deducted from payouts

  • You receive the subscription amount minus the platform fee

  • Customers pay zero platform fees (we charge restaurants only)

  • Stripe payment processing fees (2.9% + $0.30) are separate

Example

Customer subscribes for $100/week on Starter tier:

  • Customer pays: $100

  • Platform fee (4.5%): $4.50

  • You receive: $95.50

  • Stripe fee (~3%): $3.00

  • Net to you: ~$92.50

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