Sell More
with TCommerce
Thinkific’s proven suite of selling features that help you boost sales, process payments, and streamline business admin — all in one place.
A proven track record of increasing sales
Thinkific users on TCommerce sell more, earn more, and have larger transactions:
Customers on TCommerce see up to 22% higher average transaction sizes
Customers offering Buy Now, Pay Later payment methods earn 7.5% more revenue on average
Customers offering Gifting see up to 6.2% higher average transaction sizes
Sell More with
TCommerce
Hear what TCommerce users are saying
“Knowing that the underlying technology is still Stripe itself and Thinkific is building on top of this, and that the features are tailored to course creators, was the deciding factor in us switching to TCommerce.”
“I can’t tell you how much simpler bookkeeping is, now that I’m with TCommerce. We had installment payments which took a long time to manage on Stripe — it’s so easy to do it on Thinkific!”
“I knew I had to figure out sales taxes and it seemed so complicated so I just kept putting it off, which just made me stress more. Now I literally don't think about it at all! TCommerce does all the work for me and it's one less thing for me to stress about.”
Mo Saiful Hussain
Founder, Future London Academy
Veronica Wasek
5 MB Academy
Katja Swift
Founder, Commonwealth Herbs
TCommerce was built specifically for creators and education businesses who sell digital products online.
With selling, payments, admin, bookkeeping and reporting features all in one place, you’re not only boosting sales and saving time managing your business, but also growing it.
All the features you need to drive business growth
Thinkific Payments is our own custom payment processor included on TCommerce. It has the same transaction fees you’d see on a third-party payment processor like Stripe, but with the proven benefits of our selling features.
We partnered with Stripe to build Thinkific Payments so you can manage payments, subscriptions, and run reports — all in one place.
Managing payments made easy
Suggest complementary products at checkout that can be purchased with one click and watch your transaction size grow by 20% on average
Enable users to purchase your learning products as gifts for friends and family to boost sales with a new audience
TCommerce automatically enables Buy Now, Pay Later payment methods like Affirm, Klarna and AfterPay, so your customers can pay over time, while you get paid right away
Sell your learning products in bulk at checkout, saving you time on manual enrolments and helping you increase the value of every order
Sync your payout transactions and simplify bookkeeping and reconciliation through our financial integrations with Quickbooks & Xero
Win back sales with automated smart retries, and automated incomplete purchase reminder emails sent to your students if their payment fails
Get deeper insights into your revenue and reconcile your books with TCommerce-exclusive analytics, including downloadable payouts and transaction reports, as well as exclusive reporting dashboards that help you understand the success of your subscriptions business and checkout conversions.
Stop relying on third-party processors. We partnered with Stripe to build Thinkific Payments so you can manage payments, subscriptions, and run reports — all in one place.
Thinkific customers using TCommerce have access to dedicated, priority support from our Customer Support team
More features to help you sell more
(and spend less time doing it)
Sales taxes are complicated. TCommerce makes it easier:
Did you know your tax obligations are based on where students are located and not where your business is? Students are charged based on:
TCommerce simplifies tax calculation and compliance on your sales in the U.S., Canada, EU and UK at a cost of 0.5% per payment processed.
This solution takes the stress of taxes off your plate, saves you time, and helps you stay compliant. It's one less tedious thing for you to worry about, so you can focus on creating, not accounting.
Compliance (and making your life easier) without a second thought
A solution for sales taxes — saving you even more time
Their location
The product tax classification
The buyer’s tax exemption status
Decoding Sales Tax: What Every Online Creator Needs to Know
Watch our on-demand webinar featuring experts from Stripe and Thinkific
Learn more about sales taxes, and how Thinkific can help:
Questions or concerns? Here’s how to get in touch with us
Reach out to us through your Admin Dashboard by following these instructions
Email us directly at payments-support@thinkific.com
Who does this fee apply to?
The fee will apply to customers on paid, self-serve plans in TCommerce regions (currently: U.S., Canada, EU and UK.) that continue using Stripe. In the future, this will also apply on transactions processed on PayPal.
How much is the fee?
The transaction fee will be charged on all sales processed through third-party payment providers as follows:
Customers processing payments on Thinkific Payments — our payment processor on TCommerce – will not incur this fee.
When does this fee go into effect?
For customers in U.S., Canada and the UK: July 3, 2024
For customers in the EU: November 6, 2024
What are my options?
I’m already using Thinkific Payments
If you are already using Thinkific Payments, no further action is needed! The fee will not apply to the transactions made using Thinkific Payments and you already have access to the TCommerce suite of tools.
I'm using Stripe or another third-party payment provider
If you’re using Stripe, you have two options:
Option 1: Set Up TCommerce, powered by Thinkific Payments
TCommerce is free on all Thinkific plans and takes about 10 minutes to set up. Follow our step-by-step instructions here: Thinkific Payments Migration Guide.
Once you’re set up with TCommerce, you’ll be able to:
- Process your payments all in one place, and access our suite of selling and admin tools
- Get dedicated support from our Customer Support team, now with faster response times
- Avoid third-party payment gateway fees
Option 2: Stay with a third-party payment provider
We understand that in some cases you might prefer to stay on Stripe or another third-party payment provider. You have the option to do so, however you’ll see a third-party payment gateway fee on all your transactions effective July 3, 2024 for customers in the U.S., Canada and the UK, and November 6, 2024 for customers in the EU.
Are the transaction fees on TCommerce the same as on Stripe?
Transaction fees on TCommerce are the exact same as Stripe, so when it comes to processing on Thinkific Payments, you’re not paying any more than you would on Stripe.
What if I don’t like any of the options provided?
If this introduces a challenge to your business that we haven’t foreseen, please reach out to us through your Admin Dashboard by following these instructions or email us directly at payments-support@thinkific.com.
We will always work to find a solution that ensures you are set up for success on Thinkific
FAQs on the new third-party payment gateway fee
Abandoned Cart
Automate follow-up emails to re-engage learners who left your checkout before completing their purchase, helping you recover lost sales effortlessly.
…And even more exclusive features and functionality coming soon:
Simplified sales tax exemption process for buyers
Allow your qualified buyers to self-identify and submit proof of tax exemption status — saving you time on administrative work
Optimized checkout
Give your buyers a great checkout experience that matches your branding and includes conversion-boosting features like testimonials
Analytics: Revenue by feature
Get a clear view of revenue generated from key TCommerce features like Order Bumps, Gifting, and Buy Now, Pay Later options
Invoicing capabilities
Create custom invoices for customers that include all relevant information and tax details, streamlining your B2B sales
Upcoming payment reminder emails
Send an automated invoice reminder email to learners 3 days before the due date for yearly subscriptions to avoid any surprises
