WordPress.com launched a new recurring payments feature its users today. The payments system will allow bloggers to earn money for their content directly from any page on their site. The feature is also available for self-hosted WordPress users who have the Jetpack plugin installed.
The recurring payments system works alongside Stripe, so users must have a connected account to receive payments. Stripe currently serves over 30 countries around the world. WordPress.com’s documentation maintains an up-to-date list of countries currently allowed to use the payment gateway.
The new feature doesn’t come for free. Recurring payments access is only available to users on a premium WordPress.com plan. Plus, on top of the 2.9% + $0.30 for each payment that Stripe collects, WordPress.com has a tiered fee table based on the user’s plan.
WordPress.com eCommerce – No fee
WordPress.com Business – 2% per sale
WordPress.com Premium – 4% per sale
WordPress.com Personal – 8% per sale
At the lowest tier, users will see nearly 11% of sales go toward WordPress.com and Stripe fees. If accepting large volumes of payments, » Read More