How to Find Profit by Passing Along Credit Card Fees at Your Martial Arts Studio

One of the areas in which many martial art studios struggle is retaining as much profit from membership dues when dealing with credit card fees. Most, if not all, of your members pay by credit card. It’s a convenience for your families, and it allows you to process their dues quickly, but when the credit card processors charge you a convenience fee it comes straight out of your bottom line.

OnMat users have a significant advantage when it comes to avoiding these fees. Once you transfer your credit card processing through OnMat you have the option to pass along all of the fees to your members. For them it’s a minor adjustment to their membership dues. For you it’s a significant boost to your profitability.

It’s an easy equation. Based on the average martial arts studio membership due of $200 per month, by passing along credit card fees, you stand to save $10 per month, per student. For the martial arts studio with 125 students, you’ll add $15,000 per year directly to your bottom line. The more members you have, the more you’re going to save. We have seen OnMat users save more than $50,000 every year by implementing this strategy.

The entire process is so easy to get started. Sign up for your account here or download the app directly to mobile or tablet. You can get started for free and build your usage of the app however it fits your studio the best.