What a $10 tip leaves you: live stream tip fees, line by line
In our example, a $10 tip from an international card leaves you $8.98 on Shft Money's standard plan. Here is every line, and what changes it.
Prices as of ; see Pricing.
You're an hour into a stream from Colombo. A viewer in London sends $10 and a message about your brush technique. The alert shows on screen and you thank them by name.
How much of that $10 do you keep? Here is every line for a tip taken through Shft Money.
The receipt
Example: a $10 tip from an international card, on Shft Money's standard plan.
| Line | Amount |
|---|---|
| Tip | $10.00 |
| Card processing, Whop | −$0.92 |
| Shft Money fee, 1% | −$0.10 |
| You keep | $8.98 |
Every payment in your Shft Money account shows this breakdown. Here's what each line is.
Card processing, Whop: −$0.92
Whop processes the card payment. Every card payment has a processing fee, and Whop's depends on the viewer's card. The $0.92 in this example is an estimate for an international card, from Whop's published fees.
Shft Money doesn't set this fee and doesn't keep any of it.
Shft Money fee, 1%: −$0.10
This is what Shft Money charges on tips on the standard plan. It comes out of the tip as it arrives, and it's shown on the payment.
You keep: $8.98
In this example, that's the amount added to your balance.
Your first 15 days, and the first 100 members
Everyone pays 0% Shft Money fee on tips and sales for their first 15 days, counted from the day they open their account. During that time, the same example tip from an international card leaves you $9.08: the tip minus Whop's $0.92.
The first 100 members get 0% on tips and sales for 90 days. Your account shows your plan and when a 0% period ends.
Whop's card processing still applies in both cases. The 0% is Shft Money's fee on tips and sales.
When viewers cover the fees
When a viewer tips you, they can choose to add the fees on top of their tip. If they do, the amount they pay goes up so that more of the tip they chose reaches you.
This option only exists for tips. It never appears on payment links or checkout. When someone buys a $25.00 preset pack, the price you set is the price they pay.
Tips are different. The viewer picks the amount, and some viewers want more of their $10 to reach you. The option lets them.
Getting it out: withdrawals
Your balance sits in a Whop account in your name, and Whop and its financial partners hold the funds. When you want the money, you withdraw it to a bank account in your own name.
If you stream from Pakistan, Nepal, Bangladesh or Sri Lanka, Whop pays out in your local currency: Pakistani rupees, Nepalese rupees, Bangladeshi taka or Sri Lankan rupees. Use a local-currency account, because a US dollar account in these countries won't receive payouts. Elsewhere, the methods on offer depend on your country, and the money arrives in your country's currency. Whop converts.
There's no Shft Money fee on withdrawals. Whop charges its own withdrawal fee, which depends on the method. Before you confirm, you see the fee, the minimum and the timing for the method you picked.
Withdrawals only go to payout methods in your name. No one else on your team can withdraw.
Keeping records
Each tip is a payment in your account, with the amount, Whop's fee, Shft Money's fee and what you kept. That's the record your accountant needs.
You can invite your accountant to your account, so they can see your payments without your password. They can see money, payments and reports, and can set sales categories and close months in Books. They can't withdraw. Only the owner can.
If you also sell through payment links or checkout, those payments sit alongside your tips with the same breakdown. Sales carry Shft Money's 3% fee on the standard plan, not the 1% fee on tips, so check which is which when you add up a month.
If you refund a tip, you do it from your Whop dashboard, and Shft Money's fee on it isn't returned. Disputes and chargebacks follow Whop's rules.
Books keeps every tip, sale, fee, refund and withdrawal in monthly double-entry books, and exports them as CSV files for Xero, QuickBooks or a spreadsheet. Shft Money isn't a tax adviser, so ask your accountant how to report the income where you live.
Setting up tips
- Open a Shft Money account. It's free.
- Verify your identity. Whop needs to confirm who you are before money can leave your balance. The check runs in Whop's secure frame on Shft Money's pages, and Shft Money never sees your documents.
- Add the alert to your stream. Add your private browser source URL to OBS or Streamlabs, and turn on paid alerts.
- Share your tip link with your viewers.
Each tip can be $5 to $1,000, in US dollars. Viewers pay by card. Their message shows on screen, and the payment shows in your account with every fee on it.
A viewer in Toronto, a viewer in Dubai and a viewer in Berlin can each tip you by card, and each message shows on your stream. Each tip lands in your account with the same breakdown.
Shft Money is not a bank. Payments, balances and payouts are provided by Whop and its financial partners.