Payments
Bookicorn uses Stripe as its payment provider. Studios connect their own Stripe account and retain full control over their revenue.
Payment Modes
You decide how your customers pay for courses. Bookicorn offers three payment modes:
Mode 1: Credits Only
Customers must first purchase credits to book courses.
| Advantages | Disadvantages |
|---|---|
| Predictable revenue (advance payment) | Higher barrier for new customers |
| Better customer retention | Requires more explanation |
| Volume discounts possible |
Ideal for: Studios with regular visitors, yoga studios, fitness studios
Mode 2: Direct Payment Only
Customers pay for each course individually at the time of booking.
| Advantages | Disadvantages |
|---|---|
| Easy to understand | No advance payment |
| Low barrier to entry | Less customer retention |
| Good for walk-in customers | No volume discounts |
Ideal for: Workshops, events, new studios, spontaneous offerings
Mode 3: Both (Hybrid)
Customers can choose: use credits OR pay directly.
| Advantages | Disadvantages |
|---|---|
| Maximum flexibility | Slightly more complex |
| Regular customers use credits | |
| New customers can pay directly |
Ideal for: Studios that want to serve both customer types
Changing the Setting
You set the payment mode per course:
- Open Edit Course
- Under Prices, enable the desired options:
- Credit cost (for credit booking)
- Direct payment price (for individual payment)
- Save
If only credit cost is set → Credits only If only direct price is set → Direct payment only If both are set → Hybrid mode
Overview
Payment Methods in Detail
| Payment Method | Description | When to Use |
|---|---|---|
| Credits | Customers purchase credit packages in advance | Regular visitors |
| Direct Payment | Courses are paid individually | Spontaneous bookings |
| Subscriptions | Monthly credit packages | Membership model |
How Does It Work?
Customer pays (€100)
↓
Stripe Platform
↓
┌──────────────────────────────────┐
│ Automatic Split │
├──────────────────────────────────┤
│ Stripe fees: ~€2.90 │
│ Platform fee: €5.00 │
│ Studio receives: €92.10 │
└──────────────────────────────────┘
Stripe Connect
What is Stripe Connect?
Stripe Connect enables studios to receive payments directly to their own Stripe account.
Advantages:
- Full control over your own Stripe dashboard
- Direct payouts to your bank account
- Transparent fee overview
- Professional payment processing
Account Types
Bookicorn uses Standard Accounts:
- Studio manages its own account
- Full Stripe dashboard available
- Maximum data control
- Bookicorn only has transfer rights
Fee Model
Transparent Costs
| Fee | Amount | Description |
|---|---|---|
| Stripe | 2.9% + €0.30 | Standard card fees |
| SEPA | 0.8% + €0.30 | For direct debits |
| Platform | 5% | Bookicorn commission |
Sample Calculation
For a payment of €100:
Payment received: €100.00
- Stripe fees: €2.90
- Platform fee: €5.00
─────────────────────────────
Studio receives: €92.10
Payment Methods
Available after connecting Stripe:
- Credit card (Visa, Mastercard, Amex)
- SEPA direct debit
- PayPal
- Klarna
- Apple Pay
- Google Pay
- Giropay
Note: Available methods depend on your Stripe account and plan.
Payouts
Payout Schedule
Configurable in settings:
| Option | Description |
|---|---|
| Daily | Automatically every day |
| Weekly | Every Monday |
| Monthly | At the start of the month |
| Manual | You trigger it yourself |
Payout Duration
- Standard: 2–7 business days (depending on bank)
- Express: Instant (for an additional fee with Stripe)
Status Display
In the admin dashboard you can see:
| Status | Meaning |
|---|---|
| Onboarding completed | Stripe setup complete |
| Payments enabled | Can receive payments |
| Payouts enabled | Can pay out to bank account |