{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/ed1bdd575fad4f388f20389c8686d703\" frameborder=\"0\" width=\"1728\" height=\"1296\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1296,"width":1728,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1296,"thumbnail_width":1728,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/ed1bdd575fad4f388f20389c8686d703-3f03941af2f97610.gif","duration":804.667,"title":"Understanding the Onespot Payments Fee Calculator for Schools 💰","description":"In this video, I reviewed the new OneSpot Payments fee calculator designed to help schools understand Stripe and OneSpot fees, manage tuition, and determine service fees to pass on to parents. I walked through the process of inputting data, such as the number of students, billing cycles, and average payment size, using an example of 85 students with a monthly payment of $16.50 over 10 months, estimating around $1.4 million in annual revenue. I also discussed the importance of the payment split between credit card and ACH, recommending a 4% service fee to cover costs. I encourage you to explore the fee calculator and adjust the settings based on your school's specific needs."}