In theCut app, barbers have the option to subscribe to a PRO plan, unlocking additional features and benefits. Additionally, we facilitate transactions between barbers and clients, with associated processing fees and deposit options. This article aims to provide clarity on the PRO subscription, transaction fees, and deposit choices available to barbers on theCut platform.
Key Elements
1. Subscription Options
Barbers can choose from the following subscription plans:
Lite Subscription (Free): Offers basic features.
PRO Subscription ($20 per month): Provides advanced features.
Lite Subscription Features
Basic profile setup.
Offline scheduling and bookkeeping
PRO Subscription Features
Virtual storefront setup.
Profile visibility on the Search page for all clients.
Hands free transaction options via Mobile Pay*
Client List management/messaging
In-app messaging with individual appointments
Cancellation & No-Show Policy options *
2. Transaction Fees
For barbers eligible for Mobile Pay, the following transaction fees apply:
Processing Fee: Barbers encounter a 2.75% processing fee for all transactions processed on theCut.
Client Processing Charge: Clients will see a $0.95 processing charge, which is charged directly to the client.
3. Deposit Options
Barbers have the flexibility to choose from the following deposit options:
Standard Deposit: Takes 1-2 days, depending on the barber's bank. This option is free of charge.
Instant Deposit: Takes 30 minutes to 1 hour and incurs a 1.5% fee from the total deposit amount.
Conclusion
Understanding the PRO subscription, transaction fees, and deposit options is crucial for barbers using theCut app. By opting for the PRO subscription, barbers can enhance their visibility and access advanced features. Additionally, being aware of transaction fees and deposit choices enables barbers to manage their finances effectively and provide a seamless experience for their clients.
Send us a message in app or email us at [email protected] and let us know if you have any comments or questions!
*Mobile Pay is subject to account verification before being enabled