Replaces the May 10, 2026 memo. Full doc with sources, the 60-day Fathom/Slack scan and the corrections log: Whop Business Use Case 2.0 (Q4 2026).
| Fee | Rate |
|---|---|
| Domestic card (Stripe: 2.9% + $0.30) | 2.7% + $0.30 |
| International card / currency conversion | +1.5% / +1% |
| Financing (any of 10 providers); ClarityPay no-interest | 15% / 20% |
| Splitit cap (interest-free, existing card limit) | $20K / 6 mo |
| Orchestration (the 6–10% decline recovery), when on | +0.8% |
| Billing automation / tax remittance, when on | +0.5% / +2% |
| Next-day ACH payout / dispute | $2.50 / $15 |
Whop undercuts Stripe only on the base rate; orchestration flips it to 3.5%. Ask: 2.00–2.25% base with orchestration bundled, or set it ourselves via Verified Partner fee control.
| Program | What we get |
|---|---|
| Whop Partners (Aug 19) | 30% of Whop's gross profit on referred businesses, in perpetuity; 1% of their Whop Ads spend; 2nd tier 10% / 0.5%. $10M+ paid out at launch. Our link: whop.com/start/?code=FISHER. |
| Verified Partners (Sep 28) | $199 + 12-lesson course + KYC. Set referred businesses' fees within limits; attach to businesses already on Whop; read-only team seat; Whop sales line in WhopX. |
| Whop for Platforms | Sub accounts in three modes: pay people (setters, clippers, affiliates; KYC + 1099 handled), help clients get paid (Agexa clients under our account with an application fee), manage payments for sellers (Movable Type authors, Owners Club vendors). |
| Payments Network / GHL | Marketplace offer: free processing on first $200K, deployed engineer, co-launch, possible investment. Whop is now a payment provider inside GoHighLevel sub-accounts. |
| Lever | Assumption | Low | High |
|---|---|---|---|
| Splitit + BNPL lift, net of 15% fee | +20% to +27% on $5M; incremental sales are financed, so net at 85% | $850,000 | $1,150,000 |
| Processing arb vs Stripe (base only) | 20 bps at list; 70 bps at a negotiated 2.2% with orchestration bundled | $40,000 | $140,000 |
| Whop Card cashback on ad spend | $5M spend; 5% on-page but ad-spend category unconfirmed; vs 2% today | $0 | $150,000 |
| Treasury (6% on float) | $500K–$1M average balance | $30,000 | $60,000 |
| Partners: processing + financing overrides | $20M–$40M referred volume; Whop GP ≈ 0.6%; $5M referred financed; we get 30% | $66,000 | $147,000 |
| Partners: 1% of referred ad spend | $0–$10M/yr only if referrals move ads to Whop Ads | $0 | $100,000 |
| Connected accounts + own-brand attribution | Payout tooling replaced; 30% of GP on NRE brands if Whop allows it | $15,000 | $110,000 |
| Stacked Yr-1 EV | Orchestration, Discover, Content Rewards, application fees excluded | ≈ $1,000,000 | ≈ $1,860,000 |
v1 said $1.8M without netting the 15% financing fee and with the card at $250K. Midpoint now ~$1.4M; the partner layer ($66K–$247K) carries no processing risk and compounds with every Agexa audit client.