Supported Currencies
BeatPass supports the following currencies for transactions:| Currency | Code | Used For |
|---|---|---|
| US Dollar | USD | Default for most transactions |
| Euro | EUR | European buyers and producers |
| British Pound | GBP | UK buyers and producers |
| Canadian Dollar | CAD | Canadian buyers and producers |
USD is the default currency on BeatPass. Producers can set their exclusive beat prices in any supported currency.
For Producers: Setting Your Price
Exclusive Beat Pricing
When setting an exclusive price for your beat:- Choose the currency that makes sense for your market
- The price you set is the price you receive (100% goes to you — Stripe processing fees are covered by the platform fee charged to the buyer)
- The buyer pays your price plus the platform fee (12% + $3 in USD equivalent)
- If the buyer’s currency differs from your listing currency, Stripe handles the conversion
Pricing Recommendations
| Your Location | Recommended Currency | Why |
|---|---|---|
| United States | USD | Most buyers expect USD pricing |
| Canada | USD or CAD | USD has wider reach; CAD for local market |
| United Kingdom | GBP or USD | GBP for UK market; USD for global |
| Europe | EUR or USD | EUR for European market; USD for global |
| Other countries | USD | Widest international recognition |
For Buyers: How You’re Charged
Subscription Payments
- Subscriptions are charged in the currency displayed at checkout
- Your bank may apply a foreign transaction fee if the charge currency differs from your card’s currency
- Check with your bank about international transaction fees
Exclusive Beat Purchases
- You pay the producer’s listed price plus the platform fee
- If the listing is in a different currency than your card, your bank converts the amount at the current exchange rate
- The $3 flat fee portion of the platform fee is converted to the equivalent in the transaction currency
For Producers: How Payouts Work
Payout Currency
Your payout currency is determined during Stripe Connect onboarding:| Setup | Payout Currency |
|---|---|
| Bank account in your country | Your country’s default currency |
| Wise multi-currency account | Currency of the Wise account you used |
| Payoneer receiving account | Currency of the Payoneer account |
Currency Conversion on Payouts
If a buyer pays in a different currency than your payout currency:- Stripe handles the conversion automatically
- The exchange rate is determined at the time of payout processing (not at the time of sale)
- A small currency conversion fee may be applied by Stripe (typically ~2% above the mid-market rate)
Exchange rate fluctuations between the time of sale and payout can result in slightly different amounts than expected. This is normal for cross-currency transactions.
Reducing Currency Conversion Costs
If you receive many payments in a specific currency:- Open a bank account in that currency (or use a multi-currency account like Wise)
- Set your prices in the same currency as your payout account
- Wise accounts offer mid-market exchange rates which are typically better than Stripe’s conversion rates
Platform Fee Across Currencies
The platform fee (12% + $3) applies consistently:| Listed Price | Currency | Platform Fee | Buyer Pays |
|---|---|---|---|
| $100 | USD | $15.00 | $115.00 |
| €100 | EUR | €15.00 | €115.00 |
| £100 | GBP | £15.00 | £115.00 |
| $100 | CAD | $15.00 CAD | $115.00 CAD |
The 12% is always calculated on the listed price. The $3 flat fee is converted to the equivalent in the transaction currency at the current exchange rate.
International Considerations
For Producers Using Wise or Payoneer
If you’re in an unsupported country and using a Wise or Payoneer account:- Your Stripe payout goes to your Wise/Payoneer account in the selected currency
- You then withdraw to your local bank through Wise/Payoneer
- This adds a second conversion step, but Wise typically offers competitive exchange rates
- Tax jurisdiction follows your country of residence, not the currency or country of your multi-currency account
Exchange Rate Tips
- Check rates before withdrawing — Exchange rates fluctuate daily
- Batch withdrawals — Withdrawing less frequently in larger amounts can reduce per-transaction fees
- Hold in the original currency — If your multi-currency account allows it, hold funds in the payout currency until the exchange rate is favorable
Frequently Asked Questions
Can I change my payout currency after setup?
Can I change my payout currency after setup?
Your payout currency is tied to your connected bank account. To change it, you would need to update your bank account details in Stripe. Contact support if you need help with this.
Why is the amount I received slightly different from the sale price?
Why is the amount I received slightly different from the sale price?
For exclusive sales, you receive 100% of your listed price — Stripe processing fees are covered by the platform fee charged to the buyer. However, if currency conversion is involved, Stripe may apply a conversion fee (~2%), and exchange rate fluctuations between sale time and payout time can result in slightly different amounts.
Does the platform fee change based on currency?
Does the platform fee change based on currency?
The percentage (12%) stays the same regardless of currency. The flat fee ($3) is converted to the local currency equivalent at the current exchange rate.
Can I price beats in multiple currencies?
Can I price beats in multiple currencies?
Each beat has one listed price in one currency. Choose the currency that best serves your target market.
Are there extra fees for international transactions?
Are there extra fees for international transactions?
BeatPass does not charge extra for international transactions. However, Stripe may apply a currency conversion fee (~2%), and your bank may charge foreign transaction fees on their end.