We use Stripe for payment processing. Payouts happen weekly, and are managed by Stripe directly.
We charge a single 5% fee on all payments (e.g. class bookings, product sales). This includes Stripe's payment processing fees — we cover those for you, so there's nothing extra deducted from your payouts.
That means the price you set is the price your customer pays, and what lands in your account is simply your revenue minus our 5% fee. No separate processing charges, no surprises.